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 |

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 |

Photo: only_kim / Shutterstock.com  There are many drivers of climate change, but few would disagree that energy infrastructure built according to “business-as-usual” standards is a major one.…

Michael Tran |

Also available in Español​ Photo: Dominic Chavez / International Finance Corporation In the early 1990s, Colombia’s road infrastructure was a maze of poorly maintained roads and bad highways.…

Philippe Neves |

The world is urbanizing fast—200, 000 people are moving to cities every day in search of homes, jobs, as well as education and healthcare services for their families. Supporting this influx with…

Luis Triveno, Martim Smolka |

Photo: Deutsche Welle | Flickr Creative Commons  As in many regions, countries in Latin America and the Caribbean are underinvesting in infrastructure—spending in the sector is only about half of…

Gastón Astesiano |

Earlier this month, development banks from around the world took stock of where they stand and where they see their efforts having the greatest impact at a meeting organized by the World Bank and…

Ceyla Pazarbasioglu |

When seeking to engage private partners, one thinks of large, high-cost national infrastructure projects. But subnational governments are also effectively partnering with the private sector by…

Sara Perea Sigrist, Angelica M. Toro |