Multilateral development banks and development finance institutions have the ultimate responsibility in de-risking projects to attract investment in the global south.
The most effective way to turn billions in public sector resources into trillions in private capital is to more creatively and aggressively de-risk projects in lower-income countries. The U.S. should lead that effort.
Most Latin American cities face serious challenges that could either condemn them to an irreversible downturn or open opportunities to reinvent themselves, writes Luis Alberto Moreno, president of the IDB, in this guest column.
