IMF Calls For Low-Interest Financing To Achieve Energy Transition In Nigeria, Other Developing Countries

WASHINGTON D.C: As countries intensify the search for massive global investments to reduce emissions and boost resilience, the International Monetary Fund has called for a major shift to harness public and especially, private sector financing.

The IMF said this must include substantially more concessional finance that can lower risk and drive private sector finance more efficiently to emerging and developing countries.

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