Insurers, pension funds and sovereign wealth funds devote less than 1% of their assets to infrastructure debt in emerging markets.
The gap between those relatively small sums and the more than $1 trillion developing countries in Asia and around the globe urgently need for essential roads, power, transport, and housing to fight poverty, and offer alternatives to terrorism and mass migration of economic refugees is enormous.
But it doesn’t have to be that way. IFC, part of the World Bank Group focused on the private sector, has stepped up to create a first of its kind, one-stop platform. We are enabling a growing number...