Conference report on United Nations Interregional Seminar on Applied Finance for Natural Resources

More than 28 participants from 17 developing countries in Africa, Asia and the Pacific, Europe, Central and South America took part in the Seminar. International lecturers, including senior officials of financial institutions, served as resource persons for the Seminar and led the discussions. Representatives of government agencies, industry, universities, consultancy organizations and other international agencies were also present as observers. The Seminar framework was developed as a series of case study presentations, supplemented by lectures and discussions, which enabled participants to gain an appreciation of project finance requirements. The principal elements of the technical programme were Perspective, Concepts and Fundamentals of Project Analysis and Financial Evaluation, Project Finance Sources, Structure and Implementation, Identification, Minimization and Assignment of Risks, a Workshop Project, Case Studies and Developing Country Problems, Training Requirements and Methods of Implementation, and Recommendations for United Nations and Bilateral Cooperation with Developing Countries.