Work

Clouds on the Horizon: Mobilizing Private Capital for Sustainable Development in a Changing Political and Policy Environment

Year: 2025

Type: article

Abstract: Mobilizing private capital for climate and development goals in emerging and developing economies is increasingly urgent amid rising global debt, shifting geopolitics, and limited fiscal space. This paper outlines key enablers to scale private investment, including enhanced creditor-debtor dialogue, stronger project pipelines, improved transparency, and targeted industrial policies. It highlights the need to reform regulatory frameworks, expand concessional blended finance and risk-sharing tools, and better leverage MDB/DFI platforms. Finally, it calls for strategic experimentation—including through voluntary carbon markets—to unlock new, non-debt-generating capital and support a sustainable, equitable, and growth-oriented global net-zero transition.

Source: ICE Revista de Economía

DOI: 10.32796/ice.2025.939.7909

Authors: Sonja Gibbs, Emre Tiftik

Language: English

Topic: Sustainable Finance and Green Bonds

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Climate action, Partnerships for the goals, Industry, innovation and infrastructure

Open Access status: diamond

Funder: World Health Organization

OpenAlex ID: W4411430819

FWCI:

Cites:

Cited by:

Related to: 10