Posted 3/28/2024, 6:57:24 PM
World Bank Unlocks Emerging Market Investment Data to Spur $1.5 Trillion in Lending
- World Bank published proprietary data on emerging market investments to attract more private capital
- Data details credit risk profiles and historic default rates across developing countries
- Part of effort to unlock $1.5 trillion in data housed in Global Emerging Markets Risk Database
- Information can help investors better assess risk and encourage more lending to developing economies
- Data may also help protect credit ratings of multilateral development banks as they increase climate financing