Dynamic Contracting in the Mutual Fund Industry∗

The Overseas Development Institute has also looked at such risk mitigation mechanisms. 23 In addition to the above, they highlight the use of pledge funds, whereby by public finance sponsors provide a small amount of equity to encourage larger pledges from private investors 24 . The World Economic Forum‟s report „Green Investing 2010‟ (WEF 2010) undertook an analysis of 35 different types of policy mechanism that can be deployed to spur the transition to a low-carbon economy which were broken down into five categories: energy market regulation; support for equity investment; support for debt investment; tax policies; creating markets...