COC

rbw/coc-events-annual-general-meetings-world-bank-international-monetary-fund

CoC events at Annual General Meetings of World Bank/ International Monetary Fund

Rethinking Bretton Woods | Fri, Oct 2, 2015

Center of Concern is involved in a number of events scheduled to take place in the occasion of the upcoming World Bank / IMF Annual General Meetings, to be held in the city of Lima (Peru), October 9-11, 2015.

 

Session organized as part of the World Bank / IMF Civil Society Policy Forum

Partnering for development? Assessing IFIs’ role in promoting public private partnerships

Organizers: Eurodad, Afrodad, Center of Concern, Latindadd, Bretton Woods Project, Heinrich Boell Foundation

 

Time: 4 – 5:30 pm

 

Date: October 8, 2015

 

Location:Room CSO 2 MN-MZ-245 (National Museum, Av. Javier Prado Este # 2465, San Borja, Lima)

Because last minute changes may occur, please check the World Bank/IMF Civil Society Policy Forum program. Also, because this session is part of the Civil Society Forum, registration to attend the World Bank/IMF Annual General Meetings is required to access the premises.

 

Background

Public-private partnerships (PPPs) are increasingly promoted as a way to finance development projects. Donor governments and financial institutions have set up multiple initiatives to provide advice and finance to PPP projects. In October 2014 the World Bank launched the Global Infrastructure Facility and, a month later, the G20 launched the Global Infrastructure Initiative and the Global Infrastructure Hub. Multilateral development banks (MBDs) are at the centre of this agenda, with about 100 separate MDB working groups driving forward this agenda.

 

However, there is a need for a debate on PPPs which takes lessons from the experiences so far and leads to an effective learning process. Several reports help shed light on this debate: in 2014 the World Bank’s Independent Evaluation Group (IEG) released an evaluation report on the World Bank Group’s support to PPPs and, in recent years, different civil society and academic reports have also brought different views. For a real debate to happen, transparency and democratic accountability are seriously needed. These will allow for the public monitoring of policies, contracts and impacts of projects on the ground.

 

Objective

The session aims to contribute to an inclusive and critical debate on PPPs as a financing mechanism to deliver infrastructure projects. It will provide an opportunity to engage CSO and IFI staff to discuss IFIs’ role in this agenda, the implications of implementing PPP projects, and whether and under what circumstances it is desirable to use this type of financing.

Moderator: Aldo Caliari. Director, Rethinking Bretton Woods Project, Center of Concern

Speakers:

María José Romero. Policy and Advocacy Manager, Private finance and DFIs, Eurodad

Patricia Miranda. Policy analyst, Fundación Jubileo Bolivia/Latindadd

Tirivangani Mutazu. Policy Officer, Afrodad

Sanjeev Gupta, Deputy Director, Fiscal Affairs Department. IMF

Laurence Carter, Senior Director, Public-Private Partnerships Group. WBG

 

NB: Simultaneous interpretation EN-SP will be provided.

 

Sessions organized as part of the Alternative Platform to the World Bank/ IMF: “Belying the Peruvian miracle”

What good have the IMF and World Bank been? Assessment and perspectives of a new international financial architecture (Original title: ¿Para qué han servido el FMI y el Banco Mundial?: Balance y perspectivas de una nueva arquitectura financiera internacional )

 

Time: 2:15 – 5 pm

 

Date: October 7,2015

 

Location: Hotel Bolivar (in front of Plaza San Martin)

 

Organizers: Latindadd (Latin American Network on Debt, Development and Rights), OXFAM, Center of Concern, Bretton Woods Project, Eurodad (European Network for Debt and Development)

Within thematic axis: Role of international financial institutions   

Financing for infrastructure: global, regional trends and impacts on sustainable development and human rights (Original title: Financiamiento para la infraestructura: tendencias globales, regionales e impactos en el desarrollo sostenible y los derechos humanos)

 

Time:10:30 am– 12:30 pm

 

Date: October 9,2015

 

Location: Hotel Bolivar (in front of Plaza San Martin)

 

Organizers: Center of Concern, Heinrich Boell Foundation, Eurodad (European Network for Debt and Development), GREFI (Latin American Working Group on the Financing of Infrastructure)

Within thematic axis: Role of international financial institutions

 

Session organized independently

Infrastructure financing: global and regional trends and their impact on sustainable development and human rights  - A strategy workshop

 

Time:9 am– 1 pm (breakfast will be available starting at 8:45 am)

 

Date: October 10,2015

 

Location:Hotel Jose Antonio - Av. 28 de Julio Nº 398 – Miraflores (Lima)

 

Organizers: Asociación Ambiente y Sociedad, Bretton Woods Project, Center of Concern, Center for International Environmental Law (CIEL), Conectas, Counter Balance, DAR, Eurodad, Fundación Ambiente y Recursos Naturales (FARN), FUNDAR, FUNDESP, Grupo de Trabajo Regional sobre Financiamiento de Infraestructura (GREFI), Heinrich Boell Foundation, IBASE, Inclusive Development Initiatives, Indian Law Resource Center, International Rivers, LATINDADD, Natural Justice, REBRIP, Society for International Development , Third World Network Africa

 

Description

World leaders and international financial institutions have expressed their commitment to increase investment in infrastructure in order to bridge the gap that many developing countries face. According to the World Bank, the additional investment of US$ 1 trillion a year is needed by 2020 to meet the infrastructure needs of developing countries.

There is increasing competition among financial institutions to finance and build infrastructure. The national development banks of the BRICS (Brazil, Russia, India, China and South Africa) countries and the bank the group launched in July 2014, the New Development Bank, will focus significantly on infrastructure, as will the newly created Asian Infrastructure Investment Bank, led by China. At the same time, traditional financial institutions such as the World Bank Group, regional development banks and development finance institutions are increasing their infrastructure operations in order to get "a piece of the pie." Behind these initiatives, the Group of G20 (G20) - made up of the most important actors behind financing for development - has worked with its members and various institutions to shape a "new model" of financing infrastructure development.

On the occasion of the annual meeting of the International Monetary Fund (IMF) and the World Bank in early October in Lima, Peru, this strategy session seeks to raise awareness, build capacity and disseminate the results of work to interested groups, with special emphasis on those affected by specific projects. The target audience are representatives of groups and movements that carry out advocacy on infrastructure financing issues from different angles (environmental, human rights, development, transparency) as well as representatives of communities and groups affected by and / or monitoring individual projects of interest.

For more information on this session or to register please contact Aldo Caliari (aldo@coc.org) or Maria Jose Romero (mromero@eurodad.org ).