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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.

Episode metadata supplied by the publisher feed · Published May 4, 2026

What this episode covers

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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This episode is 1 hour and 10 minutes long.

When was this Policy and Rights episode published?

This episode was published on May 4, 2026.

What is this episode about?

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...

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