DEVELOPMENT FINANCE INSTITUTIONS AND GREEN TRANSITION: CROSS-COUNTRY EVIDENCE ON CLIMATERESILIENT GROWTH AND REGIONAL SPILLOVERS
開発金融機関とグリーン移行：気候レジリエントな成長と地域スピルオーバーに関するクロスカントリーエビデンス (AI 翻訳)
X. She, H. Shi
🤖 gxceed AI 要約
日本語
本論文は、ニジェール川流域の5つのDFI支援プロジェクトを評価し、譲許的資金がリスクを低減し民間資金を動員することを示す。ただし、レジリエンス成果は、強いガバナンス条件、気候対応設計、地域統合と組み合わさった場合にのみ達成される。Zunger水力発電所やCLSG送電線の事例は、直接的な適応効果とともに西アフリカ電力プールを通じたシステム的スピルオーバーを生むことを実証する。
English
This paper evaluates five DFI-supported projects in the Niger River Basin using a mixed-method design. It shows that concessional finance lowers risk and mobilizes private co-finance, but resilience outcomes are achieved only when combined with strong governance, climate-proofed design, and regional integration. Case studies including the Zungeru Hydropower Plant and the CLSG Transmission Line demonstrate both direct adaptation effects and systemic spillovers through the West African Power Pool.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本のJICAやJBICなどの開発金融機関にとって、本論文の「譲許的資金＋ガバナンス＋地域統合」というフレームワークは、アフリカやアジアでのグリーンインフラ投資戦略に示唆を与える。特に、気候変動適応と民間資金動員の両立を目指す上での参考となる。
In the global GX context
This paper offers a conjunctural causality model that challenges linear explanations of development finance. It provides evidence on how DFIs can drive green transitions through blended finance, governance conditionalities, and regional integration, contributing to global debates on climate-resilient infrastructure finance.
👥 読者別の含意
🔬研究者:The paper introduces a conjunctural causality framework for evaluating DFI interventions, which can be applied to other regions and sectors in climate finance research.
🏢実務担当者:Practitioners in DFIs and development agencies can learn the importance of combining concessional finance with governance and integration measures to achieve resilience outcomes.
🏛政策担当者:Policymakers in developing countries and international climate funds should note that institutional credibility and adaptive safeguards are critical for concessional finance effectiveness.
📄 Abstract（原文）
DFIs are now better placed to become drivers of climate-resilient development and there are questions about whether concessional and blended finance can deliver sustainable results in fragile, transboundary settings. This paper evaluates five projects supported by DFI in the Niger River Basin through a mixed-method design incorporating both process tracing and conjunctural causality research. The results demonstrate that concessional finance lowers risk and mobilizes private co-finance, and resilience outcomes are achieved only when such finance is institutionalized, combined with strong governance conditionalities, climate-proofed project design, and regional integration. Evidence in projects including the Zungeru Hydropower Plant (Nigeria) and the CLSG Transmission Line illustrates how this conjunctural set produces not only direct adaptation consequences, including fewer blackouts, better irrigation, and livelihood improvements, but also systemic spillovers through the West African Power Pool. The disputed Fomi Dam, on the other hand, points to the limits of concessionality when institutional credibility is lacking and adaptive safeguards are not in place. The results challenge linear explanations of development finance in that the catalytic role of DFIs depends on the co-existence of financial, institutional and regional complementarities. The research adds to theory through promoting a conjunctural causality model of DFIs evaluation and to practice through a roadmap of embedding governance, climate-proofing and integration in future financing of green transitions.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.15666/aeer/2402_30593083first seen 2026-06-17 05:21:01
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。