Call for new World Bank business model to scale up risk taking and financing
BusinessJune 17, 2022
/ By: Bjørn H Amland
Global investors want the World Bank to take more risk so they can scale up climate financing. A White House advisor argues for abolishing the Bank’s AAA rating and allowing it to take more “first-loss” positions. Sweden takes a more cautious approach and wants to shield the Bank’s top credit rating.
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