2 thoughts on “On Project Syndicate: Disrupting Multilateral Climate Finance

  • I agree to the points and arguments made in the paper. What I miss is emphasis on means to leverage local finance for low carbon infrastructure.; The exclusive emphasis on large scale international private instititutional finance makes the post lopsided in my opinion. I know of no country in the world which has succeeded in developing an efficient capital market by relying on foreign capital to provide the finance for infrastructure investment.
    Wolfgang Mostert

    • Thanks for this very good point, Wolfgang. In case you are not already aware of it, Nigeria’s InfraCredit is a very interesting example of a local currency guarantee facility in a developing country.

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