World Bank: How can we unlock infrastructure finance at scale for developing countries?

(World Bank Blog, Washington, 5 June 2024) In a world that has become more and more divisive, economic growth, supply chains, borrowing costs, and inflation have been impacted, leaving governments in emerging economies scrambling for funding and solutions to provide the infrastructure services needed for the millions of households left behind. Against this backdrop, private capital mobilization can play a crucial role in addressing this gap. We must optimize scarce public finance and invest in ways that generate sustainable private sector participation. We at the World Bank wanted to gather market intelligence from financiers to understand how the infrastructure financing landscape is responding to global events, specifically on the availability and affordability of finance for emerging markets and developing economies. In collaboration with PricewaterhouseCoopers, the World Bank conducted a survey to gather perspectives on these dynamics from international and domestic commercial lenders, export credit agencies, insurers and reinsurers, international and domestic equity sponsors, and development finance institutions.