Development Finance Needs Creative Solutions. Rhino Bonds Are Just One Example.

The current strains in the financial sector highlight once more the importance of sound risk-water_hero.jpgmanagement practices in banking. Understanding potential balance-sheet risks arising from holding specific assets is paramount. That’s why, when launching innovative new sustainable bonds, the World Bank is transparent and makes available all the information necessary for potential investors to assess the risk/return profile of an instrument. 

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Building back better from the crisis: What will it take for the poorest countries?

It is a catchy acronym. An alliterative call to action. It rolls off the tongues of world leaders like 49834557482_5cac8f2747_k_0UK Prime Minister Boris Johnson and US President Joe Biden. Building Back Better—or BBB—is the seeming light at the end of the COVID-19 tunnel. But what does BBB really mean in the world’s poorest countries? And how can these countries—which are supported by the World Bank’s International Development Association (IDA)—secure the resources they need to make it happen?

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