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Washington, D.C., January 9, 2012
—Public-private partnerships help cities improve their infrastructure in ways that would be impossible without private participation, making urban areas more efficient and raising living standards, according to the
latest issue of
, a quarterly online journal published today by IFC, a member of the World Bank Group.
finds that PPPs in urban water, financing, public transport, and housing can be especially effective in preparing for rapid urbanization around the world.
offers readers in-depth analysis and insight on PPPs in cities including Barcelona, Cartagena, Chennai, Manila, Saint Petersburg. The journal includes a special section on cities and climate change.
also features interviews with
Triumph of the City
author Edward Glaeser, former U.K. Secretary of State for International Development Clare Short, and Barcelona Global CEO Mateu Hernandez, who discuss the catalytic role PPPs can play in addressing cities’ past and future challenges.
“Public-private partnerships in cities are critical to a world facing rapid urbanization, and
provides advice for readers at any stage of the PPP process,” said Laurence Carter, Director for IFC Advisory Services in Public-Private Partnerships. “This multimedia issue brings together the experience of experts from industry, from agencies like the Public-Private Infrastructure Advisory Facility, the Global Partnership on Output-Based Aid, Cities Alliance, and from across the World Bank Group.”
As a free electronic journal,
reaches a targeted audience that includes governments, donors, advisors, practitioners, academics, and researchers. The e-journal is accessible via several digital platforms, including iPad, iPhone and Android.
Read the latest issue or subscribe to
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities—all while driving our investments to an all-time high of nearly $19 billion. For more information, visit
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