Investments in low carbon infrastructures are essential to reduce current emissions trajectories and to stimulate economic growth. Yet many economies are failing to mobilize sufficient financial resources due to the lack of public financing capacity, to the market perception that investments in energy infrastructures are high-risk, and to the size of the investment. In this context, PPPs become pivotal financial instruments. In particular in developing countries, such as those in the MENA region, that face a country risk that adds to the aforementioned financial and technology risks. Here, the role of MDBs as debt financiers and for policy risk guarantees is fundamental. Equity mainly comes from infrastructure funds and, at a lower scale, from institutional investors, such as sovereign wealth funds that have emerged as key actors in the MENA region.
|Titolo:||Public Private Partnerships for energy infrastructure: a focus on the MENA region|
|Autori interni:||CARRARO, Carlo|
|Data di pubblicazione:||2015|
|Appare nelle tipologie:||3.1 Articolo su libro|
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