Person:
Carter, Laurence

Public Private Partnerships Cross Cutting Solution Area, The World Bank Group
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Carter, Laurence, Carter, Laurence W.
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Public-Private Partnerships
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Public Private Partnerships Cross Cutting Solution Area, The World Bank Group
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Last updated:August 28, 2025
Biography
Laurence Carter has been appointed Senior Director of the Public Private Partnerships Cross Cutting Solutions Area of the World Bank Group. He is a British national, is Director for Public Private Partnerships at IFC, a position he has held since 2008. He joined IFC in 1993, where he started as an Economist in the Corporate Planning Department, Private Sector. During his 21 year career at IFC, he has held the positions of Senior Investment Officer, Regional Representative, Manager and Director across Corporate Planning, Capital Markets, Financial Markets, Central and Eastern Europe Department, Small and Medium Enterprise Department, and Infrastructure Advisory. Over the past five years, the PPP Transaction Advisory team has doubled its business, with a particular focus on promoting PPPs in fragile and conflict countries; built partnerships across the WBG and externally; and mobilized significant private funding through successful PPP closings (over $1 billion last year). Laurence is currently serving as the Chair of the Advisory Services Leadership team. Laurence received his MS in Agricultural Development from the University of London and his BA in Economics from the University of Cambridge. He is also a Chartered Financial Analyst.  

Publication Search Results

Now showing1 - 4 of 4
  • Publication
    A Winning Framework for Public-Private Partnerships : Lessons from 60-plus IFC Projects
    (International Finance Corporation, Washington, DC, 2013-04) Florizone, Richard; Carter, Laurence
    Despite global financial uncertainty and increased public mistrust of business, partnerships between the public and private sectors have continued to grow- driven by governments' need to access external financing and expertise, by the private sector's search for new opportunities, and by governments' desire to grow the private sector. This report addresses the critical question: how can the public and private sectors build successful partnerships?
  • Publication
    Leasing in Emerging Markets : A Potent Instrument for Financing Small Business?
    (World Bank, Washington, DC, 1996-09) Barger, Teresa; Carter, Laurence; Kuczynski, Irving
    IFC has built up a hefty portfolio of debt and equity investments in leasing companies in emerging markets. Based on IFC's experience, the authors argue that leasing is an effective instrument for financing small firms' investments in equipment --especially in countries with weak collateral laws or mostly new businesses that lack historical financial statements.
  • Publication
    Venture Capital Funds in Emerging Markets : Lessons from IFC's Investments
    (World Bank, Washington, DC, 1996-09) Barger, Teresa; Carter, Laurence; Kuczynski, Irving
    Venture capital funds pool and manage money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. These investments tend to be long term, and the industry is relatively new in emerging markets. So only very recently has it been possible to draw some conclusions about the performance of these funds. The authors outline some of the lessons from IFC's portfolio.
  • Publication
    Portfolio Investment Funds : Assessing the Impact on Emerging Markets
    (World Bank, Washington, DC, 1996-09) Barger, Teresa; Carter, Laurence; Kuczynski, Irving
    Although portfolio funds account for only about 5 percent of the capitalization of emerging stock markets, these small infusions of capital, particularly foreign portfolio investment funds, have been responsible for jump starting the development of many of these markets. The main beneficiaries of this growth have been the local firms and investors who hold about 90 percent of emerging market stocks. This Note examines the key role played by the International Finance Corporation (IFC) in creating the portfolio funds industry and helping to put countries on the map for emerging market investors. By improving the price-earnings ratio, liquidity, and pricing efficiency of domestic markets, portfolio funds improve firms access to all equity capital in emerging markets, a factor critical for business growth in developing countries. The Note also outlines the benefits that flow to developing country entrepreneurs and investors as a result of this increased liquidity the stock market provides.