2024 Public Sector Perspectives

4 Welcome Julie Monaco 6 HowGlobal Development Finance Institutions Can Solve the Local Currency Lending Conundrum Stephanie von Friedeburg, Dustin Ling, Santiago Silva Restrepo and Isobelle Lang 12 Building Resilience Against Future Loss and Damage Through Climate Adaptation Peter Sullivan, Andrew Park and Ana Holzbacher Trius 18 Open Finance in Latin America: The Key to Unlocking Opportunity Peter Langshaw, Montserrat Garrido, Liza Niño and Alfredo Martinez 24 Bolstering Intra-Africa Trade Flows Amidst the Current Global Scenario Peter Sullivan, Andrew Park and Josefina Rochette 30 AI in the Public Sector: Facilitating Engagement, Improving Enablement and Enhancing Risk Management Gary Schneider and Prag Sharma 36 Asset Monetization: A Paradigm Shift Unlocking the Value of Public Sector Assets by Tapping Private Capital and Operational Efficiencies Nicholas de Callatay, Santiago Silva Restrepo and Marieta Zbojovska 42 Supranationals: Shared Service Centers and Digitization Can Be Transformational John Finnigan, Dustin Ling and Kasra Sharif 48 Public Pension Funds: Seven Steps to Operational Alpha Michael Paulus, Winnie Zhang and Tobias Cheung 56 De-Risking Emerging Market Hard Currency Debt Valentina Antill, John Finnigan, Maryna Asipchuk and Alfredo Martinez 64 Account Verification: AMust Have for the Public Sector Gary Schneider and Joseph Polselli 68 World Vision’s Global Treasury: A Tool Supporting Transformation John Finnigan and Chris Tynan 74 The Currency Switch: How the Expansion of Local Debt Markets Has Provided Greater Financial Stability to Latin America Joaquin Jugo, Ruben Ceballos, CindyMorand, Lucia Cardenas and Reid Fennerty Contents