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Definition

Sovereign-backed financing or non-sovereign-backed financing for a project. Such financing may be provided in a variety of ways, such as making loans, investing in the equity capital of a company, and guaranteeing loans for economic development.

Source(s)

Adapted from Asian Infrastructure Investment Bank (AIIB), "Enhancing AIIB's Accountability: The Project-Affected People's Mechanism," 2018, View the PDF.