CGD in the News

The searing sad story of why Scaling Solar didn't scale

May 10, 2023

Charles Kenny at the Center for Global Development, a former World Banker and frequent critic of its private sector IFC, is even more blistering in The IFC and (De)Scaling Solar. Charles goes one step further: 

…the failure to launch of one of IFC’s best attempts to catalyze and scale financially sustainable private investment for renewable infrastructure leaves me skeptical of the role of a larger IFC in helping countries deliver on net zero commitments, at least under its current model.