Mobilizing Domestic Capital Markets for Infrastructure Financing

Mobilizing Domestic Capital Markets for Infrastructure Financing
Author:
Publisher: World Bank Publications
Total Pages: 108
Release: 1997
Genre: Business & Economics
ISBN: 9780821340387

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World Bank Technical Paper No. 369. Hydropower and irrigation projects involving reservoirs can displace thousands of people from their traditional lands and deprive them of their livelihoods. If poorly planned, they can also lead to environmental degradation. Solutions to these problems must be found--solutions that are technically feasible, sustainable, environmentally appropriate, and acceptable to the people who are resettled. This paper explains how the planned, integrated development of fishery ecosystems in reservoirs not only can mitigate the negative social consequences of dam construction, but also can enhance the economic benefits from hydropower and irrigation projects in many developing countries. The paper draws on the success of fish farming efforts in the Saguling and Cirata reservoirs in Java, which attests to the potential for creating employment in reservoirs that are in place and under construction around the world.

Author:
Publisher:
Total Pages: 175
Release:
Genre:
ISBN: 146481287X

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Green Finance and Investment Mobilising Bond Markets for a Low-Carbon Transition

Green Finance and Investment Mobilising Bond Markets for a Low-Carbon Transition
Author: OECD
Publisher: OECD Publishing
Total Pages: 136
Release: 2017-04-19
Genre:
ISBN: 9264272321

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This report describes the development of the green bond market as an innovative instrument for green finance, and provides a review of policy actions and options to promote further market development and growth. Since 2007-08, so-called “green bonds” have emerged and the market has risen from ...

Infrastructure Finance

Infrastructure Finance
Author: Henry A. Davis
Publisher: Euromoney Books
Total Pages: 668
Release: 2008
Genre: Business & Economics
ISBN: 9781843742821

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"Gives a broad view of trends and techniques in infrastructure financing around the world today. The title considers a wide range of projets including transport, water systems, power and toll road privatisation. Themes include the rising need for infrastructure investment, the quality of country infrastructure, government budget limitations and benefits and risks of investment." - publisher's website.

Mobilizing Institutional Investments into Emerging Market Infrastructure

Mobilizing Institutional Investments into Emerging Market Infrastructure
Author: Carl Chastenay
Publisher:
Total Pages:
Release: 2017
Genre:
ISBN:

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The infrastructure financing gap remains a critical global challenge for sustainable development. New thinking and innovative financial models are needed in order to mobilize more private capital to infrastructure investments. International Finance Corporation's (IFC's) new managed co-lending portfolio program for infrastructure seeks to address numerous infrastructure financing challenges that inhibit the flow of resources to emerging markets. The program provides an innovative model for mobilizing financing for infrastructure projects that combines financing from insurance companies, project origination and credit enhancement from IFC, and support from public sector donors.

Private Finance for Development

Private Finance for Development
Author: Hilary Devine
Publisher: International Monetary Fund
Total Pages: 161
Release: 2021-05-14
Genre: Business & Economics
ISBN: 1513571567

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The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.

Financing Africa's Cities

Financing Africa's Cities
Author: Thierry Paulais
Publisher: World Bank Publications
Total Pages: 378
Release: 2012-07-05
Genre: Business & Economics
ISBN: 0821389483

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This volume addresses the issues of financing urban growth of the African continent -- which has the highest urban growth rate on the planet -- in the next decades. Considerable investment will be needed to sustain this level of growth and to clear up accumulated backlogs. At the same time, decentralization has resulted in increased responsibilities for local government; but in most cases, institutional reforms were carried out without the transfer of a sufficient level of resources, and local capacities in governance and project management are weak. Which mechanisms will finance these extensive needs, and how will African local governments meet these needs? Specifics on how to finance African cities have not been studied. The actual scale of this market has not been fully grasped. A systemic approach to this market is difficult because of its diversity (country size; institutional context; characteristics of urban network; availability of capital market, currency, etc.) and a lack of data. Donors’ assistance methods in the sector are disparate, marked by disputes between different schools of thought; special-purpose vehicles created by donors operate according to a variety of methods and with wide-ranging and sparsely disseminated results. What is the best way to transform these systems, often antiquated in many respects, into modern financing systems that facilitate access to domestic markets, mobilize local savings and reinforce local government autonomy? There is no single answer to this question in regard to such a variety of institutional and economic contexts. The main objective of the study is to clarify the debates and to enlighten the choices of African decision-makers at local and national level.

Technical Annex

Technical Annex
Author:
Publisher:
Total Pages: 60
Release: 1997
Genre: Capital market
ISBN:

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The main objective of the Financial Markets Development Project is to support the Government's efforts to foster more effective financial intermediation of resources, as well as more efficient operation of markets, as a key ingredient for sustained economic growth. Specific project objectives are to: (i) develop the financial markets into a more efficient channel for mobilizing domestic savings and financing investment; (ii) improve the institutional capacities for financial sector policy formulation and strengthen the regulatory and supervisory framework in order to, inter alia, minimize the risk of loss of confidence in the financial markets; (iii) contribute to increase the supply of securities, by inter alia facilitating the introduction of new financial instruments; (iv) consolidate the implementation of the social security reform; (v) contribute to deter corrupt or fraudulent practices such as money laundering; and (vi) contribute to more efficient operation of financial and non-financial markets by promoting competition and deterring anti-competitive practices in those markets. The components of the project are as follows: 1) developing the financial markets into a more efficient intermediation channel; 2) strengthening regulation and supervision capacity in the financial sector; 3) increasing the supply of securities and the availability of other financial instruments; 4) consolidating the implementation of the new social security system; 5) developing a system for control of corrupt and fraudulent practices; 6) developing competition and anti-trust policy capacity; and 7) project management and administration.

Infrastructure Finance--Colombia and FDN

Infrastructure Finance--Colombia and FDN
Author: Meera Narayanaswamy
Publisher:
Total Pages:
Release: 2016
Genre:
ISBN:

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The World Bank Group is shifting from lending to mobilizing third-party money by leveraging its financial and advisory resources, with the goal of moving from billions to trillions of dollars in development financing. The promising start to Colombia's 4G road project is evidence of the role that partnerships between governments and development banks can play in unlocking urgently needed infrastructure financing. The lessons learned from the 4G project will help similar partnerships replicate its success in other developing countries with adequate levels of domestic capital market development and similar challenges in infrastructure financing.

Strengthening Domestic Resource Mobilization

Strengthening Domestic Resource Mobilization
Author: Raul Felix Junquera-Varela
Publisher: World Bank Publications
Total Pages: 228
Release: 2017-06-29
Genre: Business & Economics
ISBN: 1464810745

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Public spending plays a key role in the economic growth and development of most developing economies. This book analyzes revenues, policy, and administration of Domestic Resource Mobilization (DRM) in developing countries. It provides a broad landscape of practical examples, drawing from lessons learned in World Bank operations across Global Practices over the past several decades. It should be thought of as a starting point for a more comprehensive research agenda rather than a complete inventory itself. This book reviews the trends in tax revenue collection in developing countries. It provides an overview of efforts to close the revenue gap, many of which have been supported by World Bank operations. The book reviews the special challenges facing low income countries, which have traditionally relied on indirect revenues in the context of limited formalization of their economies. An overview of tax policy and administration reform programs is presented, with an overview of outstanding issues that will shape the policy agenda in years ahead.