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We participate in the Spring Meetings of the World Bank 2017

From April 18 to 22, the World Bank's spring meetings were held in Washington. On April 20 we presented a panel on the legal framework of Public-Private Partnership Projects and Infrastructure Projects in Latin America with the NGOs that make up GREFI.

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Spring meetings of the World Bank are being held in Washington, DC from April 18 to 22. On April 20 we presented a panel on the legal framework of Public-Private Partnership Projects and Infrastructure Projects in Latin America with the NGOs that make up GREFI.

From April 18 to 22, the Spring Meetings of the World Bank took place in Washington. These meetings of the International Monetary Fund (IMF) and the World Bank Group (GBM) meet annually with central bank authorities, finance and development ministers, private sector executives and representatives of academic circles.

The aim is to discuss issues of global concern, such as the global economic outlook, the end of poverty, economic development and aid effectiveness. In addition, seminars, regional briefings, press conferences and many other activities focusing on the world economy, international development and the global financial system are organized.

Within this framework and within the Civil Society Policy Forum, we will be presenting, together with the NGOs that make up the Regional Group on Financing and Infrastructure, a panel on the legal framework of Public-Private Partnership Projects and Infrastructure Projects in Latin America. Martha Torres Marcos-Ibanez of Law, Environment and Natural Resources will moderate the panel. The exhibitors will be Vanessa Torres from Environment and Society Association, María José Romero from Eurodad, Nancy Alexander from Heinrich Boell Foundation and Heike Mainhardt from Bank Information Center (BIC).

Public-private partnership (PPP) projects have gained a key role in the development of infrastructure projects in Latin America. In this context, the legal framework of PPPs has been deepened in several countries of the region in order to improve and promote the use of this form of investment in the implementation of mega projects in Latin America. It is becoming more common to see how the private sector is taking on the responsibilities and duties of the state alone, and the best example is the provision of public services and the development of infrastructure. In this regard, PPPs have been used by governments as a powerful tool to boost the economy through increased infrastructure development and as a mechanism to bridge the infrastructure gap. This panel intends to report on the legal framework of PPPs in Latin America, more precisely in Peru and Colombia. The legal instruments used by the private sector and the State will be developed to implement the PPPs and will focus on the gaps in the legal framework that generate environmental and social risks in the implementation of infrastructure projects under APP.

On 20 April, we also moderated a panel on accountability mechanisms in financial institutions. We also participated in meetings with the Independent Consultation and Investigation Mechanism of the Inter-American Development Bank and the Inter-American Investment Corporation.

More information

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Contact

Juan Carballo – juanmcarballo@fundeps.org