Local Capital Markets for Environmental Infrastructure
Subtitle: Prospects in China, Kazakhstan, Russian Federation and Ukraine
By: Organisation for Economic Co-operation and Development
Series: Environmental finance; Environmental Finance
Publisher: OECD Publishing
Published: 2006
Place of publication: Paris
Language: eng
Format: [electronic resource]:
Number of pages: 254
ISBN-13: 9789264035966
Subjects: Ecology; Euthenics; Nature and nurture; Adaptation (Biology); Finance and Investment
Description: Transition and emerging economies have difficulties developing their financial markets to a level that would provide access to long-term debt finance at an affordable cost. This report examines opportunities beyond the public sector for financing water and other environmental infrastructure. Specifically, opportunities for accessing savings through private financial and capital markets have been examined. The report identifies bottlenecks to the development of local financial markets for environmental infrastructure and discusses policy recommendations to tackle them.
Table of contents: title: Foreword; title: Executive Summary; title: Part I. Local Credit Markets and Environmental Investment: Lessons Learnt from Economies in Transition; title: -Introduction; title: Local borrowing in support of urban environmental investment; title: Three key requirements; title: Developing local credit markets for environmental investment; title: References; title: Part II. Country Case Studies; title: China; title: Kazakhstan; title: The Russian Federation; title: Ukraine