Title: COVID-19 & infrastructure: Why governments must act to protect projects
Author: Herb Ladley
Language: English
Type: Blog
Nature: Other PPP Reference
Published: March 30, 2020
Region: Global
Country: Global-World
Topic: Covid-19 and PPPs, The Global PPP Community Forum, Climate-Smart
Keywords: PPP Tools *, Chat PPP **, Covid-19 **
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Document Summary:
Here are steps that governments can take to support infrastructure in the crisis.
Document Details:
Economic disruptions are cascading globally as a result of COVID-19. For infrastructure investors, the sudden evaporation of demand is colliding with cost increases, or at least cost uncertainty. Once these economic realities become balance sheet realities, a “tidal wave” will come into view that risks overwhelming the legal system with contract disputes.
This blog is managed by the Infrastructure Finance, PPPs & Guarantees Group of the World Bank. Learn more here.
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