06医药采购系统工具

1、Removing financing obstacles through project structuring Antonio VivesManager, a.i.Sustainable Development DepartmentInter-American Development BankAccess to Finance for Local GovernmentsIV World Water ForumMarch 17, 2006Outline of the presentationProject preparationProject structuringNEEDSPreparati

2、onStructuringFinancingProject finance cycleProject preparationOne of the major obstacles to water and sanitation finance is project preparationLow institutional capacityA local affair, sometimes removed from decision making centersDifficult political and economic conditionsScarcity of financial reso

3、urces: users, taxpayers, marketsProject preparation not given the key roleProject preparationDonors and multilaterals financial institutions must emphasize support for the early stage.We at the IDB hope to approve on Monday a Project Preparation Fund with grants for capacity building and project pre

4、parationDonors should consider “debt for water swaps” as part of their official assistance.Both would leverage other funds: “teach them how to fish instead of giving them fish”Project structuringFinancial structures adapted to local realitiesExploit all possibilities to maximize synergies between sc

5、arce resources: own labor, tariffs, donors, multilaterals, public and private resourcesAt one extreme, cooperatives, water microenterprises, municipal utilitiesIn the middle, management contracts, for operation, maintenance, collections, etc.At the other extreme, full-fledged concessionsProject stru

6、cturing: local conditionsWillingness to pay/local viewsTariff sustainabilitySite and locationInstitutional capacityFiscal spaceLegal frameworkPolitical riskMacroeconomic conditionsLocal conditionsWater financing modelSesin FT3.40, Domingo 19 marzo, 11:00 am Diezmo 4In summaryProject preparation and structuring may not be a source of funds, but can help bring funds and enhance the long term sustainability of water projectsAll actors, all sources, all structures must be exploredRemoving financing obstacles through project structuring Antonio VivesManager, a.i.Sustainable Development Depa