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" ... Government backing for the Kidston pumped-hydro and solar farm includes an agreement from a regional development agency to provide $430 million in debt at a concessional interest rate. ... "
" ... Humanitarian and Resilience Investing is an emerging impact investing theme focused on leveraging private capital to directly benefit people and communities in fragile contexts by investing in local resilience and markets. Transactions in this space typically involve blending return-seeking investor capital with de-risking concessional capital to make interventions investable, in partnership with humanitarian and development actors to ensure that capital is deployed responsibly and efficiently in order to create measurable impact. ... "
" ... The facts on the ground in Asia are changing and Asian countries want different things from development agencies. For example, there are only 2 countries in Asia that will be eligible by 2024 for the cheapest form of lending (akin to grant financing) – concessional lending. Most other Asian countries are able to finance their own development with tax revenue, domestic savings, and international capital markets. Asian countries want infrastructure, access to world- class technology, and innovation or global benchmarking in social and economic sectors. ... "
" ... The second is that these ideas will oil the already slippery slope towards much greater government intervention in the economy. A world where more and more households and businesses depend on the government for benefits, subsidies and concessional loans becomes a lot more plausible if governments believe they have unlimited firepower. And as a prolonged lockdown exacerbates income inequality, because it hits disproportionately workers with lower skills and wages, the pressure for more government intervention will gather steam. ... "