John Gandolfo is vice president and treasurer of the World Bank Group's International Finance Corp. and leads its treasury and mobilization team.
Issuance of debt to address local challenges is soaring, but rules needed


A girl covers her face with her clothes as a precautionary measure against COVID-19 in Gurugram, India: Social bonds offer an effective way to address the needs involved with poverty and other social challenges. © NurPhoto/Getty Images
John Gandolfo is vice president and treasurer of the World Bank Group's International Finance Corp. and leads its treasury and mobilization team.