A $3-billion water transfer project between Lesotho and Botswana and a $10 million plan to improve the public water system in Mauritius were among dozens of projects listed, including 19 in Africa.
"We can now show that a meaningful pipeline of investible opportunities does exist across the economies that need finance most," Mahmoud Mohieldin, one of the UN appointed experts said in a statement to accompany the report.
In an effort to answer the argument by private sector financiers that it's too risky to invest more in emerging markets, the experts, pulled together a list of projects that could be funded more quickly.
After a year of meetings with stakeholders around the world, they released the initial list so that banks and others can assess the projects.
This story is from the November 10, 2022 edition of Business Standard.
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This story is from the November 10, 2022 edition of Business Standard.
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