Regional Development Finance: Progress and Challenges

With less than a decade left to implement Agenda 2030 and agree on more ambitious emissions targets to prevent a climate meltdown, neither multilateral financial institutions nor private capital markets are providing the scale of financial support needed by developing countries to meet these goals. Scaling up on both fronts will be key to building sustainable development pathways, but many governments and industries will, in the meantime, rely on “their” regional institutions to finance transformative investments and deliver public goods that are beyond national capacities alone.

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