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.
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 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.
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.
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).
PIMAC, which leads the preparation of pre-feasibility studies in Korea, has prepared sector-specific guidelines for the preparation of pre-feasibility studies in accordance with the General Guidelines for Preliminary Feasibility Studies.
The use of public-private partnerships to design, build and deliver infrastructure worldwide has grown significantly in the past decade.
The Guide defines, inter alia, the scope of application, the definition and basic principles of social responsibility, and provides specific requirements on social responsibility management.