Pre-conditions for Successful Sustainable Investment

1. Pre-conditions for Successful Sustainable Investment “Financiación del acceso a servicios públicos básicos para todos” Brasília, 11-13 Diciembre de 2006 www.helio-international.org Hélène CONNOR, Ph.D

2. The C -INVESTOR ATTITUDE • “Without local institutions, a nation has not got the “spirit of liberty” and might easily fall victim to despotic tendencies”. Alexis de Tocqueville • “Cela est bien dit, répondit Candide ; mais il faut cultiver notre jardin”. Voltaire

3. C -INVESTMENT for ECODEVELOPMENT FIRST! • Host-investor provides natural capital, local manpower and land • Promoter-investor brings financial capital and appropriate technology • Both investors benefit when both are satisfied that inputs are equal: the co-investment is based on collaborative intelligence

4. C -INVESTMENT for ECODEVELOPMENT FIRST! Draft checklist preliminary prior to investment decision

5. BEFORE the C -INVESTMENT: Preliminary Research on: • Local Needs and Context • Identification and assessment of local needs • Democratic and cultural traditions, institutions, existing users’ councils • CUB & CUBE • Existing consultation/involvement procedures • Quality of local manpower • Scoping of possible partners • find a local project « champion »

6. BEFORE Preliminary Research on: • National Investment Climate • In-depth knowledge of the territory • Predictable regulatory climate • Fiscal and legal framework e.g. anti-corruption laws • Existing node of development or eco-development cluster • Local banks involvement • Well-publicised sustainable development strategy

7. BEFORE Preliminary Research on: • Technology Selection and Calibration • Effectiveness for the needs expressed locally • Fit with Millennium Development Goals and local sustainable development strategy • Small footprint: green, clean and lean • Possible leap-frogging - search for excellence

8. DECISIONDecision-Making Protocol Preparation: • Early information and on-going concertation to create collective intelligence and ensure success • Fit with strategy of eco-development (Agenda 21) to ensure sustainability • Collective ongoing involvement and responsibility to ensure collaborative ownership and civic coherence

9. DURING Blueprint for Implementation: • Nurturing Partnerships • Dissemination and transparency of information • Genuine stakeholder involvement • Collective learning, both traditional and modern • Training of skilled labour

10. DURING Blueprint for Implementation: • Eco-development in Action on four Pillars • Level-playing field • On-going balanced capacity-building • Appropriate institution-building • Long-term sustainability

11. DURINGBlueprint for Implementation: • Flexible Implementation • Appropriate timing and scheduling/no rush • Possibility of testing/retrying/improving • Technology improvements decided locally

12. AFTER Feedback Cycle : Monitoring, Improving, Scaling Up • Collaborative Maintenance and Ownership • Create local networks for civic ownership and monitoring • Forecast improved training • Stimulate collective intelligence, promoting long-term public interest

13. AFTER Feedback Cycle : Monitoring, Improving, Scaling Up • Long-term sustainability • Implementation of the long-term goals of the national eco-development strategy • Mobilisation of local private sector capital to free public funds • Appropriate regional integration of energy systems (for efficiency) • Policy and structural autonomy

14. AFTER Feedback Cycle : Monitoring, Improving, Scaling Up • Replication, scaling-up and innovation • Update local technologies and promote innovation appropriate to local circumstances and needs • Stimulate local R, D&D policies in coooperation with population and NGOs • Transfer appropriate knowledge and organise replication of projects for climate-proof development

15. CO-INVESTMENT for ECODEVELOPMENT FIRST! Muito obrigada por su atencion! Para mais informacion, visitar : www.helio-international.org y www.southsouthnorth.org