De-Risking Emerging Markets Investments

De-Risking Emerging Markets Investments



Investing in emerging and developing markets offers a unique opportunity to generate yield while potentially financing positive social impact. The Business and Sustainable Development Commission identified $12 trillion of market opportunities aligned to the Global Goals for Sustainable Development. Unfortunately, the regulations designed to create stability in the financial system after the 2008 financial crisis have had the opposite impact in the developing world because of the disincentives to invest in those markets. With heightened capital and liquidity requirements, commercial banks—the natural financial intermediaries that find, structure, and sell deals to institutional investors—are on the sidelines. In this session, panelists will discuss how public sector institutions can better use guarantees and other risk mitigation tools to draw in private finance for sustainable development.

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Aron Betru
Managing Director, Center for Financial Markets, Milken Institute

Jeremy Carter
Chief Credit Officer, Fitch Ratings

Michael Eckhart
Managing Director and Global Head of Environmental Finance and Sustainability, Citi

Keiko Honda
Executive Vice President and CEO, Multilateral Investment Guarantee Agency (MIGA), World Bank Group

Catherine McCarthy
Partner, Clifford Chance US LLP

Jukka Pihlman
Managing Director and Global Head, Central Banks and Sovereign Wealth Funds, Standard Chartered Bank

Published June 12, 2018