Full Description
Financing development requires access to financial resources. The AIIB Yearbook of International Law Volume 4 explores the role of international organizations in the development of local capital markets, their legal status under public international law and selected domestic jurisdictions, as well as innovations in resource mobilization and organizational structures. The volume collects insights from distinguished professionals who shed new light on the question of how international development organizations can raise the funds they need to tackle global challenges like the climate crisis, digitalization, or sustainable development. Only by addressing these challenges will international development organizations be able to fully deliver on their development mandate.
Contents
Acknowledgments
List of Figures, Graphs and Tables
1 Funding International Development Organizations
Christopher Smith, Xuan Gao, and Thomas Dollmaier
Part 1
The Role of International Organizations in the Development of Local Capital Markets
2 Development of Domestic Capital Markets The ebrd Experience
Elena Sulima
3 The Role of Development Finance Institutions in Developing and Deepening Local Capital Markets A Case Study of Masala Bonds and Maharaja Bonds Issued by the International Finance Corporation
Purva Chadha
4 Inspiring Opening-Up, Innovation and Transparency International Organizations in the Development of China's Debt Capital Market
Yixin (Christine) Chen
Part 2
The Legal Status of International Organizations
5 Immunity for Multilateral Development Banks in the United States Assessing Litigation Exposure Following the U.S. Supreme Court's Decision in Jam v. International Finance Corporation
Christopher P. Moore and Paul C. Kleist
6 Regulation of Offerings by International Financial Institutions under the U.S. Federal Securities Laws
Paul Dudek
7 International Financial Institutions and China The Legal Status of International Financial Institutions and the Asian Infrastructure Investment Bank under the Law of the People's Republic of China
Minny Siu and James Guan
Part 3
Innovations in Resource Mobilization
8 International Financial Institutions Paradigms of Organizational Structures, Funding Structures and Innovative Funding Modalities
Gerd Droesse
9 The Green Climate Fund A Unique Financing Vehicle among International Organizations
Douglas Leys and Rosanna Anderson
10 Developments in the Labelled Bond Concept More than Just Green
Heikki Cantell
11 Smart Infrastructure The New Sustainable Development Paradigm
Arthur M. Mitchell
Part 4
Innovations in Structure and Development
12 The Flood of the Private Sector Funding in Development and usaid's Maneuvers to Ride the Wave
Gayle Girod
13 Multilateral Development Banks as Agents of Private Contract
Ilias Bantekas
Appendices
14 2020 aiib Law Lecture The Judicial Role of the International Court of Justice in the Development of International Law
H.E. Judge Xue Hanqin
15 2020 aiib Legal Conference Report
Georgia Papalexiou
