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Europe and Central Asia

Infrastructure sharing in energy and digital development: takeaways from cross-sectoral cooperation

Natalija Gelvanovska-Garcia's picture
Also available in: Shqip | Македонски | Српски


Photo: gui jun peng/Shutterstock.com

In many parts of the world, the sharing economy is ever-present for individuals, allowing them to use personal assets—for example, houses and cars—to their fullest potential. If you plan to be away for a period of time, why not rent your space for a few extra bucks?
 
Such a phenomenon exists in infrastructure economics, where the level of asset utilization matters for end-cost. As more consumers use the same infrastructure more frequently, the unit cost for all consumers goes down. Recent projects combining expertise from the World Bank’s digital development and energy teams demonstrate this.

Споделување на инфраструктурата за енергетски и дигитален развој: резултати од соработката помеѓу секторите

Natalija Gelvanovska-Garcia's picture
Also available in: English | Shqip | Српски


Photo: gui jun peng/Shutterstock.com

Во многу делови од светот, економијата на споделување е општо присутна за поединците, овозможувајќи им најрационално да ги користат своите лични средства – на пример, куќи и автомобили. Ако планирате одредено време да бидете отсутни, зошто да не го изнајмите вашиот простор и да заработите некој денар?

Овој феномен постои во инфраструктурните економии, каде нивото на искористеност на средствата влијае врз крајниот трошок. Што повеќе корисници почесто користат иста инфраструктура, трошокот по единица за сите потрошувачи оди надолу. Неодамнешните проекти во кои се прави комбинација на знаењата на тимовите на Светска банка за дигитален развој и за енергетика го демонстрираат ова.

Shfrytëzimi i përbashkët i infrastrukturës në sektorin e energjisë dhe zhvillimit digjital: mësime të nxjerra nga bashkëpunimi ndërsektorial

Natalija Gelvanovska-Garcia's picture


Photo: gui jun peng/Shutterstock.com

Në shumë pjesë të botës, individët shfrytezojnë të ashtuquajturën “ekonomia e ndarjes” (sharing economy), që u lejon atyre të përdorimin e pasurive personale - për shembull, shtëpitë dhe makinat - në potencialin e tyre të plotë. Nëse e keni ndërmend të largoheni për një periudhë kohore, pse mos ta jepni me qira hapësirën tuaj për të fituar edhe ndonjë para shtesë?
 
Një dukuri e tillë ekziston në ekonominë e infrastrukturës, ku shkalla e shfrytëzimit të aseteve ka rëndësi për koston përfundimtare. Kur më shumë konsumatorë përdorin të njëjtën infrastrukturë më shpesh, kostoja për njësi për të gjithë konsumatorët ulet. Projektet e kohëve të fundit  të ekipeve të Bankës Botërore me ekspertizë mbi zhvillimin digjital dhe energjinë e demonstrojnë këtë.

Deljenje infrastrukture u energetici i digitalnom razvoju: zaključci i pouke iz višesektorske saradnje

Natalija Gelvanovska-Garcia's picture
Also available in: English | Shqip | Македонски


Photo: gui jun peng/Shutterstock.com

U mnogim delovima sveta,  ekonomija deljenja je sveprisutna za pojedince, i omogućava im da koriste lična sredstva – na primer, kuće i automobile – da ostvare svoj puni potencijal. Ako planirate da budete odsutni tokom određenog vremenskog perioda, zašto ne biste iznajmili svoj prostor i zaradili nešto dodatnog novca?
 
Ovakva pojava postoji i u ekonomici infrastrukture, gde je nivo iskorišćenosti sredstava bitan za krajnji rezultat troškova. Kako sve više potrošača sve češće koristi istu infrastrukturu, jedinična cena za sve potrošače opada. Nedavni projekti koji kombinuju ekspertizu Svetske banke na polju digitalnog razvoja i energetskih timova pokazuju upravo ovo.

The road to sustainability: modernizing Croatia’s largest infrastructure asset

Prajakta Chitre's picture


Photo: HAC/Croatian Motorways

The state of Croatia’s road sector poses a unique challenge compared with more typical World Bank projects where road assets either need to be developed or require significant rehabilitation. If you've ever had the chance to experience Croatian roads you'll quickly realize the country has a well-developed motorway and state road network, in relatively good condition. This begs the question: how can the World Bank help improve a sector with already high-quality assets in a middle-income country like Croatia?

Averting a gas shortfall in Ukraine through a World Bank guarantee

Richard MacGeorge's picture


Photo: David Lawrence / World Bank Group

One September afternoon, my boss, Pankaj Gupta, popped his head into my office. He had some ideas about how the novel use of guarantees might help solve a type of problem we had not faced before. The Energy and Extractives Global Practice had received a request from Ukraine. The problem was the country was heading into the 2014/15 winter with a large gas shortfall.
 
These were not easy times for Ukraine, which was in the throes of armed conflict on its Eastern border. With an economy in turmoil, the credit rating agency, Standard & Poor's, had dropped Ukraine's credit rating two notches in the last year. The rating now languished at CCC, or very speculative and non-investment grade. This made finance, the life-blood of service delivery, difficult to access and expensive.

Water PPPs that work: The case of Armenia

Dambudzo Muzenda's picture


Photo: VahanN / Shutterstock.com 

Downtown Yerevan. Gusty winds, frosty air. Inside a hotel in the town square, cocktails and canapés, speeches and signatures. On this evening in November 2016, representatives of the State Committee for Water Economy (the Armenian water authority) and Veolia (a large international water operator) gathered to celebrate the signing of a new partnership: a 15-year national lease to provide water and wastewater services for the whole country. The lease began in January 2017, thus marking the start of a “second generation” of water PPPs in Armenia. Solid gains had already been made under the “first generation” between 2000 and 2016. At this crucial juncture, a World Bank study reviewed Armenia’s experience so far and analyzed the way forward under the new national lease.

Building benchmarks for infrastructure investors: a long but worthwhile journey

Sarah Tame's picture


Photo: User 377053 | Pixabay

The Argentinian presidency of the G20 opens this month and will be marked by a focus on infrastructure investment. The G20 and Organisation for Economic Co-operation and Development (OECD) have already announced a widescale data collection initiative to create benchmarks to monitor the risk-adjusted financial performance of private infrastructure debt and equity investments.

It’s about time.

Investors have hit a roadblock when investing in infrastructure. Until now, none of the metrics needed by investors were documented in a robust manner, if at all, for privately held infrastructure equity or debt. This has left investors frustrated and wary. In a 2016 survey of major asset owners by the EDHEC Infrastructure Institute (EDHECinfra) and the Global Infrastructure Hub, more than half declared they did not trust the valuations reported by infrastructure asset managers. How, under such conditions, can the vast increases in long-term investment in infrastructure by institutional players envisaged by the G20 take place?

Waste not, want not: PPPs lead to better waste management in Greece

Nikos Mantzoufas's picture


Photo: European Commission 

Greece has had a very poor track record in reducing the amount of waste going into landfills. One of the main reasons for this, other than the NIMBY (not-in-my-backyard) opposition to creating waste management facilities, was that for decades choosing the right technology was the apple of discord, causing disagreement and delaying advancement towards integrated waste management. In the last few years, however, three Public-Private Partnership (PPP) waste management projects have been initiated in Greece.

This past July, within two years of signing the PPP contract in 2015, the first project was inaugurated in Western Macedonia—without a day’s delay, any contract change, or cost overrun. The system will cut the amount of waste going to landfill, reuse material for commercially-viable products, boost the region’s growth prospects through job creation, and raise public awareness to prevent waste.

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