Infrastructure Finance in the Developing World | G-24

Infrastructure Finance in the Developing World

The Infrastructure Finance in the Developing World Working Paper Series is a joint research effort by the Global Green Growth Institute and the G-24 that explores the challenges and opportunities for scaling up infrastructure finance in emerging markets and developing countries. Each paper addresses a unique piece of the infrastructure finance puzzle and provides critical analysis that will give impetus to international discourse and play a catalytic role in the creation and success of new development finance institutions. The papers have been authored by top experts in their respective fields, and the process has been carefully guided by the leadership of both organizations. This work has important implications in the post-2015 environment, given the essential role infrastructure must play in achieving sustainable development. To this end, GGGI and the G-24 look forward to further development and operationalization of the contents of these papers.

Are Credit Rating Agencies Limiting the Operational Capacity of Multilateral Development Banks

30th October 2015 Abstract

Multilateral development banks (MDBs) represent one of the most successful types of international organization created in the post-World War II era. Over 20 MDBs currently operate in the world, and two more—the Asian Infrastructure Investment Bank and BRICS New Development Bank—are due to begin operations in 2016.

A key reason for the enduring popularity of MDBs is their financial model. With a relatively small amount of capital contributions from shareholder governments, MDBs can borrow much larger amounts from private capital markets at attractive financial terms, and on-lend those resources for development projects with enough of a margin left over to cover administrative costs. Thus, government shareholders can have a very significant development impact (in financial terms, at least) with a relatively small budgetary outlay (Table 1).1


Multilateral Lending Instruments for Infrastructure Financing

5th June 2015 Abstract


Challenges and Opportunities for Multilateral Development Banks in 21st Century Infrastructure Finance

5th June 2015 Abstract


National Development Banks and Infrastructure Provision: A Comparative Study of Brazil, China, and South Africa

5th June 2015 Abstract


Involving the Private Sector and Public-Private Partnerships in Financing Investments: Public Opportunities and Challenges

5th June 2015 Abstract


Public Finance Underpinnings for Infrastructure Financing in Developing Countries

5th June 2015 Abstract


The Infrastructure Pipeline and the Need for Robust Project Preparation

5th June 2015 Abstract


Private Finance for Infrastructure Investments: Analysis and Implications for New Multilateral Development Banks

5th June 2015 Abstract


Green Infrastructure: Definition and Needs

5th June 2015 Abstract