The annual Comprehensive Financial Solutions for City Resilience Conference organized by the World Bank Group’s City Resilience Program brings together city officials, private sector experts, donors and investors to prepare for ambitious investments in urban resilience. The aim is to refine existing investment ideas and expand the financing options available for cities. By combining technical workshops with hands-on planning sessions over a five-day period, city leaders will be equipped to further develop their investment plans and identify opportunities for private sector financing.
Strengthening urban resilience is a multi-billion dollar agenda. Most city governments lack the financial resources and technical expertise to maximize financing options and pursue the type of infrastructure investments that are necessary to build urban resilience in an impactful, sustainable way. The World Bank Group’s City Resilience Program (CRP) aims to provide city governments with the tools to pursue ambitious infrastructure investment by connecting them with new and additional sources of capital, including private capital and institutional investors.
The World Bank Group’s (WBG) City Resilience Program (CRP) is an effort to assist city governments to build greater resilience to climate and disaster risks. For many major cities in the world, strengthening urban resilience is a multibillion dollar agenda that requires strong partnerships and new sources of capital. Oftentimes, cities are held back from pursuing the necessary investments because they lack the technical expertise and/or the access to capital to finance them. CRP tries to fill that gap by i. leveraging the World Bank’s broad set of sectoral expertise in designing urban resilience projects, and ii. better connecting cities to the necessary financing. It is in this sense that CRP seeks to act as the bankers of the city, and to facilitate strategic investments that address the vulnerabilities and risks that cities face in a holistic way.
Conference Objectives & Deliverables
The Comprehensive Financial Solutions for City Resilience Conference provides a forum for city leaders to interact with their peers, World Bank teams, financial advisory firms, and potential investors to:
The Conference forms part of the CRP’s broader engagement to assist cities to expand their financing options and prepare a concrete capital investment plan. Prior to arriving in Bangkok, World Bank staff, in consultation with city officials, will have completed a Rapid Capital Assessment for each city that will give an indication of the city’s opportunities to access private capital investments. The completed Rapid Capital Assessment will be used to guide the discussions and workshops during the conference, and will be further developed as delegates learn more about the various tools and options for private capital financing available to them.
The learning component of the conference will focus on tools available for cities to access private investment, in particular commercial debt, PPPs and concessions, and land value capture. The learning modules will outline the specificities of each instrument and the legal and regulatory environment that is necessary to successfully implement them. Private sector experts will combine technical instructions with successful examples from other cities to illustrate best practices and lessons learned.
Throughout the conference, city delegates together with World Bank staff will work on developing and/or refining a concrete infrastructure investment plan. City delegates will be encouraged to be ambitious both in terms of the technical design and the financial scope of the proposed investment. World Bank staff will be available to assist in the development of the investment plan and in identifying sources of capital to finance them, including World Bank lending, co-financing opportunities and private capital mobilization (see Capital Mobilization Structure below). The conference provides an entry point for wider support and technical assistance through CRP, and seeks to strengthen a peer network around city infrastructure capital financing options.
Participants
The Conference will convene city officials from 35 cities from Algeria, Argentina, Bolivia, Colombia, Ghana, Morocco, Myanmar, Panama, Peru, South Africa, Turkey and others. Other interested cities from East Asia will be invited. The World Bank delegations will consist of task team leaders working in the respective cities, along with senior management and technical experts in infrastructure finance, capital budgeting, land value capture, PPPs/concessions and debt. Financial advisors such as Deloitte, EY, KPMG and PWC, along with other firms in the investment community such as CDPQ, Hong Kong Investment Authority and Macquarie, will participate to provide expert advice on proposed investment plans. Senior officials from Rockefeller Foundation’s 100 Resilience Cities (100 RC) initiative will also join alongside key donor agencies such as SECO.
Sunday, November 5
8:00 pm – 12:00 am: Welcome Drinks at the Hilton Sukhumvit
Monday, November 6: Introduction to Comprehensive Financial Solutions for City Resilience
9:00 am – 9:15 am: Introduction and Welcome Address (WBG senior management)
9:15 am – 9:30 am: Keynote Address (Governor of Bangkok)
9:30 am – 10:30 am: Resilient Bangkok (Chief Resilience Officer for Bangkok)
10:30 am – 11:00 am: Tea Break
11:00 am – 12:30 pm: What the City Resilience Program Offers You: Comprehensive Financial Solutions for City Resilience (Marc Forni and Niels Holm-Nielsen)
12:30 pm – 1:30 pm: Lunch at Hotel
1:30 pm – 5:30pm: Large Group Activity
Evening: Free
Tuesday, November 7: Capital Budgeting and Land Value Capture
9:00 am – 12:30 pm: Capital Budgeting
12:30 pm – 1:30 pm: Lunch at Hotel
1:30 pm – 5:30 pm: Land Value Capture Instruments
6:30 pm – 10:00 pm: Dinner Cruise on the Chao Phraya River
Wednesday, November 8: Land Value Capture and Debt Instruments
9:00 am – 12:30 pm: Land Value Capture Instruments
12:30 pm – 1:30 pm: Lunch at Hotel
1:30 pm – 4:30 pm: Introduction to Debt Instruments
4:30 pm – 5:30 pm: Action Planning: Integrating Financial Solutions into CRP Engagement Strategies
Evening: Free
Thursday, November 9: PPP and Concessions
9:00 am – 12:30 pm: Municipal Finance and Debt Instruments
12:30 pm– 1:30 pm: Lunch at Hotel
1:30 pm – 4:30 pm: PPP and Concessions
4:30 pm – 5:30 pm: Action Planning: Integrating Financial Solutions into CRP Engagement Strategies
7:30 pm – 12:00 am: Farewell Drinks at the Hilton Sukhumvit in Honor of the City of Bangkok
Friday, November 10
9:00 am – 5:30 pm: Small Group Presentations
Introduction
This Guide is provided to keep you abreast of the safety and security issues in Bangkok, Thailand. Our goal is to keep everyone safe and secure for the duration of your stay.
Hilton Hotel
The Hilton Hotel is located on soi 24 Sukhumvit road. The closest sky train station is at Phrom Phong
The full address is as follows;
11 Sukhumvit 24 Alley, Khwaeng Khlong Tan, Khet Khlong Toei, Krung Thep Maha Nakhon 10110 Tel: 02 620 6666
Transportation
When arriving in Bangkok, we recommend you use AOT Limousines (Airport Authority of Thailand). These can be easily identified as they have desks both in baggage reclaim and also after exiting customs in the meeting points. Please be wary of touts offering you taxi services as these are not official. AOT will offer you a variety of cars for the transfer, please remember the WBG policy of not using luxury vehicles. A Toyota Camry /Honda Accord will typically cost you approx. 1,400 THB for the trip from the airport to downtown.
You may also consider using the Airport Rail link, http://airportraillink.railway.co.th/en/index.html This can be much quicker in peak travel times, however, if you are travelling with heavy luggage it may be too cumbersome.
The sky train is the most convenient way to travel around Bangkok. If your journey takes you away from the transport system, then you may need to use the local metered taxis. When communicating with the taxi driver, please ensure he turns the meter on first; no prices should be negotiated before travel. On the rear doors of every taxi, there is a registration number. Please take note of it. We do not recommend you use motorcycle taxis or Tuk Tuks.
Equipment and Personal Effects
Visitors are reminded to take care of equipment such as laptops, smart phones, tablets and personal valuables. Do not leave them unattended. Safety deposit boxes are also available at the Hotel. The WBG is not responsible for any loss of your personal effects.
Please ensure you have your own personal travel insurance.
Accommodations
When checking into your room, please refer to the hotel guest services book for specific safety and security guide for your information and guidance.
Fire-Life Safety
Mission travelers are encouraged to familiarize themselves with the fire exits and fire alarm buttons at any of the buildings they go to. The fire evacuation lay-out map is also posted on the backs of hotel room doors. In case of fire or evacuation, participants should remain calm and walk out of the building to the assembly area. Normally building and security personnel will guide occupants to the assembly area, where they should remain for accounting and further instructions.
Security
Bangkok is a generally safe city, although over the years there have been several explosions, most of which have been small scale. Whist the security environment is generally stable, incidents can occur without warning. If a security incident does occur whilst you are outside the hotel, please make your way back to the Hilton hotel as soon as possible.
Streetwise
Hand bag snatching does occur on the streets of Bangkok. This is typically carried out by 2 persons on a motorcycle, with the rear person performing the snatch. Please avoid carrying valuables or large amount of cash with you. Leave unnecessary credit and bank cards behind (use hotel safety deposit box).
If in a situation, comply with the attacker, the following points will mitigate your loss;
Medical
Bangkok is a centre of medical excellence. There are two very good private hospitals close to the hotel. Bumrungrad Hospital, 33 Soi Sukhumvit 3. Tel 02-066-8888, Ambulance 02-011-5222
Samitivej Sukhumvit Hospital, 133 Sukhumvit 49. Tel 02-022-2222
All participants must note that you are responsible for your own medical insurance during your travel and whilst you are in Thailand. Please ensure that you have a policy that provides sufficient coverage for medical expenses, evacuation and repatriation to your home country.
Cultural Do’s & Don’t s for Thailand
“Do”
- sa wad krub for a man to speak (with wai gesture)
- Kob khun khrap (male speaking)
“DO - NOT”
Emergency contacts:
Fire 199
Police 191
Tourist Police - 1155
Ambulance – Call Hospital Direct