Fighting poverty, creating jobs: how development finance helps
Jun 11, 02:56 PM
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Blended finance, marine bonds and green borrowing all play a role in how the World Bank’s International Finance Corporation works with Europe and other developed countries to strengthen emerging economies
In this episode of the Sound of Economics, host Rebecca Christie discusses global development with Bruegel director Jeromin Zettelmeyer and Alfonso García Mora, vice president for Europe, Latin America and the Caribbean at the International Finance Corporation, the World Bank Group’s arm for mobilizing private finance. They discuss what tools are available, what needs can be addressed, and how that fits into today’s geopolitical environment. By helping public and private funders work together, these efforts allow recipient countries like Ukraine to get more out of international assistance.