INSIGHTS

The policy choices behind capital flows.

V0 uses the two deal pages as analytical essays. A fuller editorial section comes next.

01 · ELMED

Why is Europe giving €307.6m to a cable linking Tunisia and Italy?

Following the grant, the IBRD loan and the network benefits moves the debate beyond the simplistic choice between 'aid' and 'European self-interest'.

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02 · SUEZ WIND

Why does a private, bankable power project still need public lenders?

The PPA locks revenue, DFIs bring tenor and syndication brings commercial banks in. The real test: additionality or substitution?

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