After distribution: the next test for development finance

What it examines

Bril, Koehring and Lankes argue that distributing development-bank loans or transferring risk is not sufficient evidence of additional development finance. They propose examining who bears risk and cost, how released capacity is used, whether investor preferences change lending, and what happens under stress. The article also examines the constraints shaping institutional investors’ allocations.

Why it matters

Discusses IFC transactions involving UK public capital and EBRD risk transfer, with implications for UK shareholder scrutiny of mobilisation and additionality. This entry covers the accessible article; the separate paper it links to has not been independently reviewed.