Why Europe’s support for local currency lending is crucial to stronger partnerships with the Global South
Year: 2024
In this brief, the author analyse the European financial institutions efforts to enhance local currency lending and risk hedging, and call for a strategic approach that aligns with the EU’s development, economic and geostrategic interests. The EU should view local currency financing as a strategic opportunity to strengthen its relationship with countries in the Global South and foster mutually beneficial partnerships
Author: Karim Karaki
Unlocking capital: Towards a European approach to mobilising institutional investors
Year: 2024
This brief highlights the EU’s growing reliance on private capital to help bridge the $4.2 trillion annual Sustainable Development Goals (SDGs) financing gap. With limited official development assistance, institutional investors, managing over $100 trillion in assets, are seen as crucial to closing this gap.
Author: Karim Karaki, Laure Blanchard-Brunac and San Bilal
Climate financing in Latin America and the Caribbean How are public development banks supporting the climate transition?
Year: 2024
This paper begins by providing an overview of climate risks in Latin American and Caribbean countries, using the EIB's country climate risk scores. This introduction is followed by an assessment of the region's climate investment needs and potential sources of financing, in the current macroeconomic and fiscal context. The role of public development banks in the region, their current contribution to climate risk mitigation and the results of the survey conducted are described. The last section presents the main findings and policy recommendations.
Author: EIB, ALIDE