Abstract

AbstractGovernments increasingly look to the private sector for the financing, design, construction, and operation of infrastructure projects, and as a result, public-private partnerships (ppps) have emerged as a valuable source for investment funds and expertise.ppps involving new uses of transboundary waters require giving particular attention to the huge potential for environmental and social impacts. This monograph examines whatppps are and how they, and environmental and social ‘safeguards,’ function in a transboundary waters context and with each other. This examination is undertaken through the prism of the Nam Theun 2 and Xayaburi hydroelectric power projects in Laopdr. This monograph discusses and draws some important lessons from theseppps contractual arrangements, costs, financing, and risk mitigation, forppps to be contemplated in other transboundary waters contexts.

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