1TECHNICALASSISTANCEINTHEEUROPEANFINANCIALARCHITECTURECGDNoteAPRIL2022TechnicalAssistanceintheEuropeanFinancialArchitectureforDevelopmentMikaelaGavasandSamuelPleeckThereisnoshortageofinvestablecapitalintheglobaleconomy.However,whiletheopportunitiesexistforinvestmentandwhilefundsareavailable,fewprojectsactuallyreachfinancialclose.Adearthofbankableprojects—projectsthatarewellstructuredtomeetthestringentrequirementsoffinanciers—remainsakeybottlenecktoinvestmentindevelopingcountries.Partoftheproblemisthatlimitedfinancialresourcesarebeingdedicatedtodevelopingstrongfeasibilitystudies,analysingmarketpros-pectsanddevelopingviablebusinessplans,whichresultsinmany...
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