Energy efficiency is seen more often as a means of reducing energy consumption and costs than as a way to expand the production of goods and services. But it can help raise a company’s manufacturing capacity, improve the quantity and quality of a city’s water supply, and provide more heating...

The World Bank has two distinct financial vehicles to support developing country governments wanting to provide guarantees to attract private investors: issuing guarantees to investors and making loans to host governments to fund guarantees. The author explains how these vehicles work and...

The global climate change imperative presents a particular challenge because of the scale and nature of the investment needed in developing countries, coupled with the difficulty of raising long term debt in many of them. Project finance can help to address this challenge because it enables...