Coastal zones are increasingly at risk from the combined effects of climate change, sea-level rise, intensifying storms, ecosystem degradation, and rapid coastal development. While traditional gray infrastructure has long been used for coastal protection, it is often costly, environmentally...

Over the past decades, a growing body of research has examined the structural and behavioral barriers that hinder firms from adopting cost-effective technologies to improve energy efficiency. In this paper, we draw on firm-level data from the EIB Investment Survey combined with energy efficiency...

Over the past decades, a growing body of research has examined the structural and behavioral barriers that hinder firms from adopting cost-effective technologies to improve energy efficiency. In this paper, we draw on firm-level data from the EIB Investment Survey combined with energy efficiency...

How can philanthropy catalyse systemic change in an era of global crisis? As the world grapples with escalating climate risks, widening inequality, and shifting global power dynamics, traditional approaches to development finance are becoming insufficient. This book explores how philanthropy, as...

Development finance institutions mobilize over $250 billion annually through blended finance operations, yet practitioners lack a unified framework to evaluate its catalytic effect and for choosing among instruments. I develop a model of investment multipliers under two canonical market...

We investigate the role of South African higher education institutions in promoting intergenerational social mobility using a newly linked administrative dataset of university students and secondary school completers. We measure mobility as the share of graduates from lower-income secondary...

The Seoul Center for Finance and Innovation (SCFI) Trust Fund, established in collaboration with the Ministry of Economy and Finance of the Republic of Korea, aims to support financial sector stability, resilience, and private sector–led growth and innovation in the East Asia and Pacific...