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Transition and emerging economies have difficulties developing their financial markets to a level that would provide access to long-term debt finance at an affordable cost. This report examines opportunities beyond the public sector for financing water and other environmental infrastructure....
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Since the start of the economic reform process in the 70s China has been able to generate a large volume of investment …, both from domestic and foreign sources. This high volume of investment was instrumental in sustaining strong economic … investment have fallen, excessive capacity is plaguing several sectors and the negative externalities have been very onerous …
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In many countries, an important obstacle to achieving environmental goals has been the failure to adequately address the associated financial issues: the costs of achieving environmental goals; how those costs could be minimised; and the challenge of matching costs with available resources
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