NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Neeraj Kumar Negi

Independent Evaluation Office
The Global Environment Facility
1818 H Street, NW, Mail Stop P5-500
Washington, DC 20433 USA

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Institutional Affiliation: Global Environment Facility

NBER Working Papers and Publications

May 2015Cofinancing in Environment and Development: Evidence from the Global Environment Facility
with Matthew J. Kotchen: w21139
Leveraged cofinancing from public and private sources has emerged as a policy priority among international environment and development agencies. There is nevertheless surprisingly little research on the determinants and impacts of cofinancing for accomplishing environment and development goals. This paper contributes to the literature with a focus on three interrelated questions: (1) How does observed cofinancing depend on characteristics of the development project, the country where the project takes place, and the agencies responsible for project funding and execution? (2) What factors explain the likelihood that project cofinancing is based on loans rather than grants, and that cofinancing comes from the private sector rather than public agencies or non-governmental organizations? (3) D...

Published: Matthew J Kotchen & Neeraj Kumar Negi, 2019. "Cofinancing in Environment and Development: Evidence from the Global Environment Facility," The World Bank Economic Review, vol 33(1), pages 41-62. citation courtesy of

 
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