Mustering the private sector for development and climate in the Global South – Is it realistic? 

Mustering the private sector for development and climate in the Global South – Is it realistic? is a recent working paper by Philippe Le Houerou, a Distinguished Fellow at EMF and former CEO of IFC, and his co-author Hans Peter Lankes, who is a Visiting Professor at the London School of Economics and a Senior Fellow at ODI and the LSE/Oxford International Growth Centre. The paper was published by Fondation pour les Études et Recherches sur le Développement International (FERDI). The paper dives into the evidence and highlights what needs to change at aid agencies and development finance institutions to crowd-in private flows at the necessary scale, as the 2015 Addis Ababa “Billions to Trillions” initiative calls for. Significantly the paper is based on the lessons of the real-life experiment at IFC (“IFC3.0”) launched in late 2016.