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 three-author expert comment. The related September 2026 working paper is by Herman Bril.
Institutions and themes
Related documents
Catalogue entry reviewed 2 Oct 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.