Assess opportunities to promote private participation and investment using asset recycling

The Millennium Challenge Corporation (MCC) awarded a $125,000 Cooperative Agreement to the International Bank for Reconstruction and Development (IBRD), also known as the World Bank Group, to assess opportunities to promote private participation and investment using asset recycling. This award is funded through the MCC Foreign Assistance for Overseas Programs (CFDA 85.002), which provides U.S. government assistance for global development initiatives aimed at reducing poverty through economic growth. The Cooperative Agreement was awarded on November 28, 2023 and will support activities to identify ways to leverage private investment to finance public infrastructure and services in developing countries. As a prominent international development organization, IBRD is well-positioned to provide technical expertise and analysis to further the MCC's mission of promoting economic freedom and investments in people.