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EPISODE · May 4, 2026 · 1H 10M

A World Bank for Deterrence

from Policy and Rights · host Michael Clogs

Carney has described the DSRB as a "multilateral financial institution" aimed at mobilizing private capital for collective security. The bank is intended to function similarly to the World Bank or the European Investment Bank, but with a specific focus on:Lowering Borrowing Costs: Reducing the financial burden on governments for massive procurement projects, such as submarines, fighter jets, and over-the-horizon radar.Dual-Use Infrastructure: Financing projects that serve both civilian and military needs, particularly in the Arctic (e.g., ports, airstrips, and surveillance systems).Supply Chain Resilience: Supporting small and medium-sized enterprises (SMEs) within the defense sector to ensure domestic industrial bases aren't reliant on adversarial nations.Become a supporter of this podcast: https://www.spreaker.com/podcast/policy-and-rights--3339563/support.

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A World Bank for Deterrence

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