A practical guide for governments, informed by a country-lens review of leading practices
In June 2016, under Japanese presidency, G7 Leaders endorsed “G7 Ise- Shima Principles for Promoting Quality Infrastructure Investment,” which has crystalized as definition of quality infrastructure investment.
G20 finance ministers and central bank governors developed a set of leading practices to promote and prioritize quality infrastructure investment.
The policy framework for investment provides a systematic approach for improving investment conditions and a comprehensive checklist of key policy issues for consideration by any government interested in creating an enabling environment for all types of investment.
The purpose of these principles is to help government work with private sector partners to finance and bring to fruition projects in areas of vital economic importance, such as transport, water and power supply and telecommunications.
G20 Leaders endorsed the High Level Principles on Long-Term Investment Financing by Institutional Investors in September 2013, which is intended to help governments facilitate and promote long-term investment by institutional investors.
The G20/OECD Checklist consists of a list of questions and issues that represent an effort to develop an evaluation tool to help those countries who wish to self-assess their long-term investment (LTI) strategy and policy framework and more.
An updated Checklist on Long-term Investment Strategies and Institutional Investors stresses on issues related to the identification of long-term investment needs.
The OECD developed a Framework for the Governance of Infrastructure, which was endorsed by the G20.
The G20/OECD Principles of Corporate Governance help policy makers evaluate and improve the legal, regulatory, and institutional framework for corporate governance, with a view to supporting economic efficiency, sustainable growth and financial stability.
In September 2015, the General Assembly adopted the 2030 Agenda for Sustainable Development which includes 17 Sustainable Development Goals (SDGs) and emphasizes on a holistic approach to achieve sustainable development for all.
The paper “Partnering to Build a Better World: MDBs’ Common Approaches to Supporting Infrastructure Development” presents a brief description of how MDBs work with their Borrowing Member Countries (BMCs) .
The Joint MDB Statement for Crowding-in Private Finance builds on the previously approved Principles for MDBs’ Strategy Crowding-in Private Sector Finance for Growth and Sustainable Development, and the 2016 Joint Declaration of Aspirations on Actions to Support Infrastructure Investment.
Practical solutions and models for addressing obstacles to institutional investment in infrastructure in developing countries WBG – a note that considers the existing types of institutional investors and their potential for filling the infrastructure financing gap and more.
The World Bank Group developed this tool to help governments systematically prioritise infrastructure investments to achieve their development goals, taking into account capacity and public resource constraints.
The PPP Screening Tools is for preliminary screening of projects to determine their potential suitability for PPP procurement.
The Project Readiness Assessment (PRA) is a standardized tool managed and financed by the Global Infrastructure Facility (GIF).
PPP online courses provide an understanding of the key principles of PPPs and the role of PPPs in the delivery of infrastructure services, particularly in emerging markets.