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Researchers eye central bank reserves to boost development bank climate lending

June 20 (Reuters) - As world leaders and development policy experts gather in Paris this week to discuss ways to expand climate financing, academics have proposed a new approach they say could add $60 billion a year in capital to multilateral development bank balance sheets. The by Boston University's Global Development Policy Center would harness a small portion of excess central bank reserves, a form of hybrid capital, to boost lending resources to tackle development,
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Source: wn.com

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