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Billions that never turn into trillions

Call for new World Bank business model to scale up risk taking and financing

Business June 17, 2022 / By: Bjørn H Amland

Global investors want the World Bank to take more risk so they can scale up climate financing. A White House advisor argues for abolishing the Bank’s AAA rating and allowing it to take more “first-loss” positions. Sweden takes a more cautious approach and wants to shield the Bank’s top credit rating.

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