Infrastructure Finance—Colombia and FDN ; Lessons on Infrastructure Lending from Colombia

The World Bank Group is shifting from lending to mobilizing third-party money by leveraging its financial and advisory resources, with the goal of moving from billions to trillions of dollars in development financing. The promising start to Colombia’s 4G road project is evidence of the role that partnerships between governments and development banks can play in unlocking urgently needed infrastructure financing. The lessons learned from the 4G project will help similar partnerships replicate its success in other developing countries with adequate levels of domestic capital market development and similar challenges in infrastructure financing.