WASHINGTON, March 23, 2023—World Bank Group President David Malpass today announced a new approach to strengthen private sectors and the delivery of Private Capital Facilitation in World Bank Group operations and knowledge work aimed at increasing growth and the resources available for development and climate costs.
Tag Archives: Private Sector
Rebuilding and Reconstructing a Prosperous Ukraine Will Take a Concerted Effort by the International Community and the Private Sector
Keeping Ukraine’s Private Sector Afloat—and Ready for Reconstruction
IFC’s Economic Resilience Action
In over a decade as a fitness instructor in Kyiv, Marina Smal has led nearly every kind of workout, from kids’ yoga to power stretching to strength training. At the fitness studio she and her partner established in 2019, she coordinated scores of classes and personal training sessions. It was exactly the kind of hectic, rewarding schedule she envisioned when the couple decided to invest in their own business.
How a novel financing tool is helping bring the private sector into difficult markets
Despite their importance to Senegal’s economy, these farmers often cannot afford the fertilizers and high-yield seeds so crucial to improving productivity.
To change that, one of Senegal’s leading microfinance institutions, Union des Mutuelles Alliance de Crédit et d’Epargne pour la Production (UM-ACEP), has long been providing loans to farmers. But it faces a challenge — one I have seen all too often in Sub-Saharan Africa. To reach more farmers, UM-ACEP needs capital, and many financial institutions are hesitant to lend the company money. They fear that UM-ACEPs business is too risky because their customers are smaller businesses with limited experience and undocumented financial performance.
So, IFC has stepped in.
IDA and the Private Sector Join Forces to Fight the Pandemic in the Most Fragile Countries
Making markets work for all: Unlocking the private sector’s role in supporting refugees
Of the more than 70.8 million forcibly displaced persons worldwide, around 41 million are people who have been displaced from their homes but remain in their home country and nearly 25.9 million are refugees who have fled their countries.
One surprising fact:
eC2: Recruitment of consulting firm to develop business case for improving primary healthcare services and expanding the role of the private sector in delivering health services in Edo State.
Deadline: 09-Jan-2020 at 11:59:59 PM (Eastern Time – Washington D.C.)
The proposed Primary Care Transformation Project in Edo State (the Project) aims to (i) identify the constraints and gaps for the effective delivery of PHC services in Edo State, (ii) outline the project development and funding requirements to address these constraints, (iii) explore potential partnerships with innovative private sector players to overcome these constraints, and (iv) create an implementable and bankable private sector solution for the Edo State. IFC will be considering supporting such solution through (i) further advisory on the design on the specific PPP model; (ii) financing the mechanism through direct lending to Edo State and/or the private company.
The Project will provide a detailed assessment of the current state of the health sector delivery with a specific focus on PHC, create means for pub/pvt dialogues to disseminate and discuss the findings, exploring private or PPP projects to increase availability, affordability and quality of PHC servies.
eC2: Enabling Private Sector Participation in Electricity Distribution
Deadline: 14-Nov-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)
Policy makers acknowledge the role of private sector in distribution but would want to understand business models that may be suitable considering the local context of states in India. Till date only two cases of private sector participation in the Indian electricity distribution (under Licensee mode) have been tried in the states of Delhi and Odisha with mixed results. Beyond these two examples, other models of private sector participation (PSP) such as distribution franchises are also prevalent in the country and have met with mixed results. Further, Govt. of India in the past had also drafted an amendment bill to Electricity Act for introducing carriage and content separation, which may be another approach to encourage competition in the electricity distribution sector.
The private sector—an engine for growth and stability in fragile countries
Fragility, conflict and violence (FCV) threaten to derail significant progress that has been made in improving living standards and reducing poverty over the past decades. While extreme poverty is going down around the globe, it is increasing in countries impacted by fragility and conflict. The World Bank estimates that by 2030, almost half of the world’s poor will live in countries facing FCV challenges.
Inclusive and sustainable economic growth can also help heal grievances stemming from economic exclusion. These countries likely already face high levels of public sector debt, so private sector investment can bring an infusion of capital without increasing the debt burden. But these volatile environments struggle greatly to attract and sustain the long-term private sector investment that is needed to help them break the “fragility trap.”
eC2: Market Study for Thailand: Private-Sector Plastics Circularity Opportunities
Deadline: 25-Sep-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)
Engage with targeted plastic value chains and private sector players in Thailand and understand the market drivers and challenges in scaling up circular economy approaches; Review local regulations and benchmark with applicable best practices to identify opportunities as well as gaps that could be limiting broader adoption of plastics circularity; Define the current state-of-play for the local waste plastics recycling industry, including demand and supply volumes, market opportunity, and growth drivers and constraints; and Summarize key findings based on the private-sector focused plastic value chain and recycling market analysis and recommend priority actions.
This in-depth study should analyse current and near-term market opportunities and challenges for private-sector participation in Thailand based on a combination of market analytics, scenario analyses, and reasonable assumptions to address key data gaps.
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