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Navigating The Path To Dispute Prevention and Early Resolution In Infrastructure Development Projects
This paper presents an initial exploration of how multilateral development banks including the World Bank, the Asian Development Bank and the Asian Infrastructure Investment Bank are advancing community-investor dispute prevention and facilitation mechanisms over time. In the 20 years since the development of the first multilateral community-investor dispute resolution mechanism – developed by the International Finance Centre/World Bank – much has been learned about public facilitation, community engagement and dispute prevention during the early stages of major infrastructure development programs. This paper will explore these initial findings.
Drawing on a case-based methodology, the presentation will explore the achievements, challenges and lessons learned in community-investor dispute prevention and resolution for major infrastructure projects with a view to providing relevant recommendations from a devolved collaboration perspective.