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IFC on Climate Smart Investment: A Gateway for Green Growth in South Asia
Today in India, with a tap of a smartphone, a manufacturer instantly books shipping services for his/her goods through a virtual marketplace. BlackBuck’s online platform has rapidly grown to connect over 350 shippers with a network of over 80,000 freight
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World Bank Group Unveils New Initiatives in Investment Policy and Promotion
For many developing countries, foreign direct investment (FDI) has become the largest source of external finance, surpassing official development assistance, remittances, or portfolio investment flows. In 2016, more than 40% of the nearly $1.75 trillion of global FDI flows was
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Evan Harvey, Nasdaq: What’s Driving ESG? A Top Ten List
The prevalence and prominence of sustainability as a vital concept in the world – let alone the business community – is now clear. It has been driven by a host of dynamics that are both native to, and external from,
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Otaviano Canuto, World Bank: Can Services Replace Manufacturing as an Engine for Development?
Manufacturing expansion has been a vehicle for job creation, productivity increases, and growth in non-advanced economies since the second half of the last century. First in Latin America, followed by Asia, and a renewal of production systems in Eastern Europe,
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FMO: Unlocking Scale Potential of Green Bonds in India – Lessons from Global Markets
The global green bonds market has gone from strength to strength in recent years, with issuance for 2017 already exceeding $100bn, some $20bn more than the total issuance in 2016 and the first time this benchmark has been breached. According
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Fidel Castro: An Antagonist Remembered
The last Marxist-Leninist to hold a place on the world stage has left, signalling the end to an era that saw revolutionists taunt empires and topple autocratic regimes. A charismatic romantic to the very end, Fidel Castro died on November
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Werner Hoyer, President of the European Investment Bank (EIB): A Mostly Unseen Hand
In late-December, President Werner Hoyer of the European Investment Bank shared his experiences and insights with CFI.co. He leads an institution more than twice as large as the World Bank, yet remains virtually unknown outside financial circles. Werner Hoyer (66)
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Hans Peter Lankes, IFC: IFC’s Development Impact, One Market at a Time
Having worked in the international financial institutions for much of my career, I’m a big believer in the power that development institutions have in building a bridge between the government and the private sector. That philosophy underpins the International Finance
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Otaviano Canuto, World Bank: Matchmaking Finance and Infrastructure
The world economy – and emerging market and developing economies in particular – display a gap between their infrastructure needs and the available finance. On the one hand, infrastructure investment has fallen far short from of what would be required
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Philippe Le Houérou, CEO of IFC: Redefining Development Finance
Complementing – and driving – World Bank President Jim Kim’s vision to transform the multilateral financier into an “honest broker” charged with mobilising and directing private capital towards developing countries, CEO Philippe Le Houérou of the International Finance Corporation (IFC,
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