Infrastructure Knowledge Exchange

A practical guide for governments, informed by a country-lens review of leading practices

This PPIAF-funded report aims to discuss and disseminate information on how Islamic finance has been applied in infrastructure projects through PPP schemes, what the structural challenges and solutions are, and what can be done to deepen and maximise the use of Islamic finance for this purpose.

This document reviews the definitions and elements of the good governance policies of a number of multilateral development institutions.

The G20/OECD report on G20 investment strategies demonstrates the various initiatives undertaken by the G20 countries to promote infrastructure investment.

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.

This Checklist for PPPs has been prepared from the point of view of public policy makers and decision-makers in countries at various levels of development and capacities for the purpose of a high level assessment of a PPP project.

An updated Checklist on Long-term Investment Strategies and Institutional Investors stresses on issues related to the identification of long-term investment needs.

This taxonomy developed by OECD maps out investment options available to private investors, identifying channels through which they can invest in infrastructure projects.

This Guidance note provides a set of selected voluntary policy recommendations that seek to help governments in tackling challenges related to mobilising private financing for infrastructure and SMEs.

The OECD Guidelines for Multinational Enterprises provides recommendations to businesses in the areas of disclosure; human rights; employment and industrial relations; environment; combatting bribery and more.

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 OECD DAC Blended Finance Principles for Unlocking Commercial Finance for the SDGs aims to ensure that blended finance is deployed in the most effective way to address the financing needs for sustainable development.

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) .