Mobilizing Capital for Emerging Markets & Developing Economies
The challenge
Transitioning the global economy to net zero will require massive investment in emerging markets and developing economies (EM&DEs), regions where it is often challenging to deploy capital. Current private-sector finance in these countries is a fraction of the investment needed, and previous attempts to expand private capital investment have foundered on fragmented approaches that are difficult to scale. This working group seeks to support efforts at the global and country levels and endorse catalytic initiatives and policy changes that are designed to mobilize private capital in support of the low-carbon transition.
Mobilizing Capital to Emerging Markets and Developing Economies
Objective
Support the mobilization of private capital into emerging markets and developing economies (EM&DEs) through private-sector leadership and public-private collaboration.
Reports
GFANZ Actions to Mobilize Capital to Emerging Markets and Developing Economies
November 2022
Program of work
International financial architecture
Influence systems-level change, with the aim of evolving the global financial architecture needed to channel investment to emerging markets and developing economies on a 1.5°C degree pathway while driving economic development.
Mobilisation Statement of Support
November 2021
Market-making initiatives
Identify and support the most promising catalytic initiatives with the potential to dramatically scale capital flows today — and provide the necessary proof points to enable replication and scale.
Country-targeted solutions
Encourage and provide support for the development of a G20-backed country platform architecture. The platform would be led by EM&DEs with support from donor governments, efficiently channeling donor money and delivering the economy-wide transitions to net zero.
GFANZ Country Platform Statement
July 2022