Publication:
Mobilizing Private Capital for the Sustainable Development Goals

dc.contributor.authorCull, Robert
dc.contributor.authorGill, Indermit
dc.contributor.authorPedraza , Alvaro
dc.contributor.authorRuiz-Ortega, Claudia
dc.contributor.authorZeni, Federica
dc.date.accessioned2024-07-12T20:39:51Z
dc.date.available2024-07-12T20:39:51Z
dc.date.issued2024-07-12
dc.description.abstractThis paper summarizes evidence on financial instruments and regulatory approaches to spur private investment in pursuit of the 2030 Sustainable Developments Goals. Starting from a theoretical framework demonstrating that raising the marginal product of capital is the key to crowding in private investment, it uses Robert Merton’s functional approach to financial intermediation to assess the track record and prospects for five types of instruments/regulatory approaches: guarantees, public-private partnerships, syndicated loans, sustainable financial contracts, and climate and banking regulations and policies. Despite considerable gains in the amount of private investment mobilized by these vehicles, the volumes still fall short of the trillions of dollars estimated to be necessary to achieve the Sustainable Developments Goals. Efforts to share relevant data, encourage more academic research, and publicize and demonstrate the effectiveness of these approaches, much of which is already being undertaken by the World Bank and other multilateral development banks, could be crucial to scale up private capital mobilization.en
dc.identifierhttp://documents.worldbank.org/curated/en/099515007022422343/IDU1c22e2ec41eee514d2d19dfb115b648d7fa6f
dc.identifier.doi10.1596/1813-9450-10838
dc.identifier.urihttps://hdl.handle.net/10986/41864
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10838
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectINVESTMENT CLIMATE
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectCAPITAL MARKETS
dc.subjectPRIVATE CLIMATE FINANCE
dc.subjectSUSTAINABLE DEVELOPMENT GOALS
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.subjectPARTNERSHIP FOR THE GOALS
dc.subjectSDG 17
dc.titleMobilizing Private Capital for the Sustainable Development Goalsen
dc.typeWorking Paper
dspace.entity.typePublication
okr.date.disclosure2024-07-12
okr.date.lastmodified2024-07-02T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099515007022422343/IDU1c22e2ec41eee514d2d19dfb115b648d7fa6f
okr.guid099515007022422343
okr.identifier.docmidIDU-c22e2ec4-eee5-4d2d-9dfb-15b648d7fa6f
okr.identifier.doi10.1596/1813-9450-10838
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10838
okr.identifier.externaldocumentum34359939
okr.identifier.internaldocumentum34359939
okr.identifier.reportWPS10838
okr.import.id4765
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099515007022422343/pdf/IDU1c22e2ec41eee514d2d19dfb115b648d7fa6f.pdfen
okr.region.geographicalWorld
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicGovernance::International Governmental Organizations
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.unitDECRG: Finance & Priv Sec Devt (DECFP)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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