Mobilization of Private Finance 2019
This reporting year, Multilateral Development Banks (MDBs) continued to operate in a challenging investment environment - total investment flows declined by 6 percent worldwide in 2019 - and that environment promises to become even more challenging...
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Format: | Report |
Language: | English |
Published: |
Washington, DC
2021
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/896351621406278243/Mobilization-of-Private-Finance-2019 http://hdl.handle.net/10986/35616 |
Summary: | This reporting year, Multilateral
Development Banks (MDBs) continued to operate in a
challenging investment environment - total investment flows
declined by 6 percent worldwide in 2019 - and that
environment promises to become even more challenging in 2020
and 2021 with the Coronavirus disease 2019 (COVID-19)
pandemic, which calls for close MDB cooperation on
mobilization of private investments. Private investment is
critical for development, and MDBs’ research shows that
greater mobilization is consistent with greater reductions
in poverty and improvements in living standards, and MDBs
remain resolute in their commitment to increase these flows.
In this context, MDBs are committed to exploring new ideas
and insights in mobilization, some of which are highlighted
in the market trend essays in this report. The joint report
documents that MDBs are significant financing partners in
efforts to mobilize private capital toward emerging markets
to help countries achieve the sustainable development goals
(SDGs) and that MDBs will continue to play this important
role during the COVID-19 pandemic and beyond. |
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