Investments in green projects are constrained by multiple factors: 1) numerous financial and institutional constraints; 2) pronounced risks; 3) unfavorable structure of cash flow profiles; 4) anti-green market distortions. In order to boost investment flows private financing is essential, but...

Private participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia, focuses on retaining existing assets in the...