The World Bank Group has launched the Private Sector Investment Lab, a concrete step in a broader effort to develop and scale up solutions that address barriers to private sector investment in emerging markets. According to the World Bank, trillions of dollars of investment annually in emerging markets and developing countries are needed to make sufficient progress toward climate goals, addressing climate change risks, and alleviating poverty. The magnitude of this challenge requires the private sector to play an important role alongside the World Bank Group and other development institutions.
The World Bank Group approaches this work with determination, investing in leveraging its leadership, knowledge, and resources to deliver tangible results.
Source (Alkhaleej Emirati Newspaper, Edited)
