With its CO2 emissions increased by more than 100% over the last 15 years, Sri Lanka - which is highly vulnerable to effects of climate change - has submitted ambitious carbon-reduction targets…

Prajwal Baral, Keisuke Iyadomi |

It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for…

Jemima Sy |

As recently as 2006, Timor-Leste was in crisis. Only a few years into independence, the country was torn by riots and political turmoil. Not surprisingly, its business climate was one of the…

Christopher Bleakley |

Photo credit: Leonardo Canon Rubiano/World Bank The World Bank is supporting the Government of Sri Lanka’s efforts to create a roadmap for the modernization of urban bus services in the capital,…

Leonardo Canon Rubiano |

The simple answer is yes—with a little help from the Infrastructure Prioritization Framework developed by the World Bank.  Experts can make decisions based on remarkably few pieces of information…

Aditi Raina |

Photo: gui jun peng/Shutterstock.com In many parts of the world, the sharing economy is ever-present for individuals, allowing them to use personal assets—for example, houses and cars—to their…

Natalija Gelvanovska-Garcia, Rhedon Begolli |

Also available in: Français Photo: Anthony Doudt/Flickr Bridges are critical links in the transport network. In their position across waterways, they are exposed to the full effects of flooding…

Oliver Whalley |

Sri Lanka has, over the past decade, relied primarily on public funds for most of its infrastructure needs that have come by way of borrowing on concessional and non-concessional terms with…

Amali Rajapaksa |