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.
At their 2014 Summit, the B20 called on G20 governments to apply best practice procurement processes in all large and/or publicly significant infrastructure projects.
The procurement guidelines were introduced in April 2015 by ADB. The purpose of these Guidelines is to inform those carrying out a project that is financed in whole or in part by a loan from the Asian Development Bank (ADB), ADB-financed grant, or ADB-administered funds.
The report identifies and explores six critical success factors that governments should be aware of and seriously consider when preparing an infrastructure project to be delivered as a Public-Private Partnership.
Infrastructure investment needs to be substantially increased in most developing and emerging economies to meet social needs and support more rapid economic growth.
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 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 OECD Principles for Public Governance of Public-Private Partnerships provide concrete guidance to policy makers on how to make sure that Public-Private Partnerships (PPP) represent value for money for the public sector.