Private money is beginning to flow into development finance through a variety of risk sharing structures. But it is nearly always for loans to the private sector. MDB expert Chris Humphrey argues development banks wanting extra heft for sovereign lending will need to overcome — or sidestep — the issue of preferred creditor status
The impact of the G20’s review of multilateral development banks’ Capital Adequacy Frameworks in 2022 has been remarkable. But Chris Humphrey, one of the study’s authors, argues there is more to do