Create enabling conditions that encourage
private sector participation. Central to the development
of local capacity is creating an environment that supports
private sector investment. We work with governments on a
formal level to achieve legal and regulatory changes and
increase the capacity of financial, regulatory, and governmental
institutions. We have: (1) improved legal and regulatory
frameworks to increase the ability of municipals to access
loan for water and solid waste collection in India, and
(2) enhanced borrower disclosure requirements and regulations
to attract investors and depositors in Columbia, Mexico,
and Guatemala.
Provide technical assistance and training
to develop local understanding and capacity. We believe
the best method in advancing local capacity is knowledge
sharing, both formally and informally. We work closely with
all of our partners, from the sponsor organization, to financial
intermediary, to the development agency and government officials
to solicit their input and feedback and to impart what we
know to stimulate discussion and ideas. We are active in
training individuals and organizations on: innovations in
development tools, best practices in financial analyses,
appropriate risk management techniques, and the like.
