Crowding-In Capital Attracts Institutional Investors to Emerging Market Infrastructure through Co-Lending Platform

Lauridsen, Morten Lykke ; Chastenay, Carl ; Kurdyla, Michael

International Finance Corporation, Washington, DC

关键词: INSTITUTIONAL INVESTORS;    CAPITAL MARKET;    EMERGING MARKET ECONOMIES;    INFRASTRUCTURE FINANCE;    PUBLIC-PRIVATE PARTNERSHIPS;   

RP-ID  :  125906

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Financing infrastructure in emergingmarkets is a critical global challenge for sustainabledevelopment. Through a new International Finance Corporation(IFC) program, private institutional investors can directlyparticipate in the evolving infrastructure asset class inemerging markets. The program, IFC’s managed co-lendingportfolio program for infrastructure, creates a structurethat overcomes several hurdles that have inhibited the flowof private capital to emerging market infrastructureprojects. It provides an innovative model to mobilizefinancing for development that combines financing frominsurance companies, project origination and creditenhancement from IFC, and support from public sector donors.