목차
Title page
Contents
Introduction 5
The Reform of the Global Financial Architecture: Toward a System that Delivers for the South 8
GOVERNANCE REFORMS 8
SOVEREIGN-DEBT MANAGEMENT 10
THE DEBT RELIEF FOR CLIMATE INITIATIVE 11
INCREASING FINANCING FOR CLIMATE AND FOR ECONOMIC DEVELOPMENT 11
THE WORLD NEEDS A GREEN BANK 14
CONCLUSION 15
Accelerating Development: Crowding in Capital to Mobilize the Private Sector 17
DEFINING THE SCOPE AND LIMITATIONS OF THIS PAPER 17
INTRODUCTION 17
INFRASTRUCTURE INVESTMENT NEEDS 18
AN INFRASTRUCTURE GAP THAT CAN ONLY BE CLOSED BY MOBILIZING CAPITAL AT SCALE 19
FOCUS ON NIGERIA: ENERGY-INFRASTRUCTURE DEBT 22
MOBILIZING CAPITAL TO MEET AFRICAN INFRASTRUCTURE NEEDS AT SCALE 24
DRIVERS AND INCENTIVES OF LARGE-ASSET ALLOCATORS AND AFRICAN PROJECT SPONSORS 25
BRETTON WOODS INSTITUTIONS PLAYING A MEANINGFUL ROLE 27
RECOMMENDATIONS AND PROPOSED POLICY PRIORITIES TO CROWD IN INSTITUTIONAL CAPITAL 28
Conclusion 32
About the Authors 33
Figure 1. Evolution of IDA Net Financial Flows to LICs, World Development Indicators, World Bank 12
