The fund, a public company with funds administered by the Chilean Ministry of Finance, will finance and invest in infrastructure projects, either directly or through third parties, as well as prepare and carry out the necessary studies for such projects.
This initiative seeks to bring the human right of universal access to water and sanitation to fruition and exceed the Millennium Development Goals (now SDGs), focussing on funding on peri-urban and rural areas.
LAIF's main purpose is to promote additional sustainable investment in key infrastructure in the transport, energy, and environment sectors, as well as support private sector development in LAC countries.
TAF plays a central role in enabling PIDG to initiate multi-company programmes and centrally-driven initiatives that are not specific to a particular company and that align with PIDG strategic objectives.
The UFPF was established in November 2009 for investment co-financing and technical assistance for urban environment infrastructure that benefits the poor.
The PPF is designed as a complimentary facility to TAF with a distinct role in financing of project preparatory activities.
The World Bank Group and the Government of Japan established the Quality Infrastructure Investment (QII) Partnership with the objective of raising awareness and scaling-up attention to the quality dimensions of infrastructure in developing countries.