The paper considers the experience of the European Investment Bank and addresses policy lessons for developing countries as they seek finance for development. The paper argues that the key lesson for developing countries is that the traditional role of a development bank in closing market gaps...

A key challenge in the collective endeavour to combat the climate emergency is the shift of global investment and financing flows that underpin current and future growth to low-carbon, climate-resilient (LCCR) growth. The global community recognises this challenge: it is one of the three...