Infrastructure for sustainable development: the role of national development banks

This repository item contains a policy brief from the Boston University Global Economic Governance Initiative. The Global Economic Governance Initiative (GEGI) is a research program of the Center for Finance, Law & Policy, the Frederick S. Pardee Center for the Study of the Longer-Range Future, and the Frederick S. Pardee School of Global Studies. It was founded in 2008 to advance policy-relevant knowledge about governance for financial stability, human development, and the environment.Development banks are increasingly becoming relied upon to help finance sustainable infrastructure in the 21st century. Much of the emphasis has been on the role of the existing multi-lateral development banks (MDBs), but lesser attention has been paid to the role of national development banks (NDBs). To help fill this gap, Boston University’s Global Economic Governance initiative (GEGI) and the Brookings Institution’s Global Economy and Development program convened a Task Force on Development Banks and Sustainable Development to examine the extent to which development banks are becoming catalysts for achieving a climate friendly and more socially inclusive world economy