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PPPs

The GIF: Having what it takes to develop infrastructure

John Larkin's picture


Photo: Burst | Pexels Creative Commons

Australia’s involvement in the Global Infrastructure Facility (GIF)—as a founding member, and co-chair of the advisory council over the past year—underscores our commitment to lift investment in global infrastructure, which is a critical component to ensuring economic growth and poverty alleviation.
 
Strong economic infrastructure underpins human development, enables movement of people and goods, provides access to and expands markets and services, facilitates innovation, and enhances competitiveness.

New data reveals uptick in private investment in EMDEs in 2017

Deblina Saha's picture


Photo: Creativa Images | Shutterstock

Critically constrained public resources on the one hand, and huge existing infrastructure needs for basic services on the other, make private participation in emerging markets and developing economies (EMDEs) not just critical, but in fact, imperative. Crowding in private finance is essential to spur economic development and meet the twin goals of shared prosperity and elimination of extreme poverty, as well as to achieve the Sustainable Development Goals.
 
The Private Participation in Infrastructure (PPI) Database, with data spanning over almost 27 years, has become a powerful tool and measure for gauging the level of private investment in infrastructure in EMDEs.  

SDGs and PPPs: What's the connection?

Mahmoud Mohieldin's picture


Photo: World Bank Group

By committing to the Sustainable Development Goals (SDGs), countries pledge to pursue progress on economic, social, and environmental targets, in a balanced and integrated manner. The SDGs are cross-cutting and ambitious, and require a shift in how we work in partnership. They also push us to significantly change the level of both public and private investment in all countries.

We need creative solutions to leverage each partner’s comparative advantage. We also need to mobilize private sector investment and innovation in support of the SDGs.

Keep up with the latest trends on PPPs

Clive Harris's picture


Photo: ispyfriend / iStock

It seems like every week there are new reports being published about public-private partnerships (PPPs) by different organizations around the world. How can you keep track of what’s new and what’s relevant for your work?
 
With over 4,000 documents on PPPs in seven different languages (English, Spanish, French, Portuguese, Arabic, Russian, and Chinese) in its searchable document library, the PPP Knowledge Lab has become a key resource for the PPP community to keep up to date with the latest on PPPs. 

What’s been trending over the last quarter on the PPP Knowledge Lab?

Low-carbon infrastructure: an essential solution to climate change?

Deblina Saha's picture


Photo: Felix_Broennimann | Pixabay Creative Commons
 
Infrastructure is a key driver for growth, employment, and better quality of life in emerging markets and developing economies (EMDEs). But this comes at a cost. Approximately 70% of global greenhouse gas emissions come from infrastructure construction and operations such as power plants, buildings, and transport. The Overseas Development Institute estimates that over 720 million people could be pushed back into extreme poverty by 2050 as a result of climate impacts, while the World Health Organization projects that the number of deaths attributable to the harmful effects of emissions from key infrastructure industries will rise from the current 150,000 per year to 250,000 by 2030.
 
Does this mean we need to build less infrastructure? No. But part of the solution lies in low-carbon infrastructure.

Why we need more systematic data to get PPPs right

Fernanda Ruiz Nunez's picture


Photo: Bannafarsai_Stock | Shutterstock

A few years ago, I participated in a meeting to discuss best practices in Public-Private Partnership (PPP) regulation. There was no shortage of examples. In fact, PPP practitioners were eager to share their experiences from countries around the world, but we did not have a systematic way to make all that information accessible to policy makers. Moreover, at the time, I kept thinking that there were many more good examples beyond those we were sharing at the meeting.

The lack of systematic data on the quality of PPP regulation was a serious issue. What we needed was a comprehensive, systematic way to go beyond individual examples. How could we collect available information, organize it in a rigorous and systematic way, and make it all accessible to policy makers?

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.

Kigali Water: Lessons from one of sub-Saharan Africa’s first water PPPs

Emilio Cattaneo's picture
This page in : Français  


Photo: People Image Studio | Shutterstock

This World Water Day, the Private Infrastructure Development Group (PIDG) is celebrating the success of the Kigali Bulk Water Project in Rwanda’s capital.
 
The large-scale water treatment plant, due for completion in 2020, will produce 40 megaliters of clean water per day, equivalent to one-third of Kigali's total supply. Water will be drawn from the Nyabarongo River to be treated before distributing a clean supply to up to 500,000 domestic, commercial, and industrial customers. Kigali Water is one of the first water projects to be developed using a public-private partnership (PPP) model in sub-Saharan Africa.

새로운 패러다임 구축: 민관협력사업(PPP)모델 활용을 통한 개발도상국 사이버재보험 시장개발 및 디지털 경제성장

Jinsuk Park's picture
Also available in: English


Photo: ItNeverEnds | Pixabay Creative Commons

디지털 경제는 최근 글로벌 경제의 성장과 발전의 핵심 동력으로 부상하였다. 화웨이(Huawei)와 옥스퍼드 이코노믹스(Oxford Economics)의 공동연구에 따르면, 디지털 경제는 2016년에는 전 세계 GDP의 15.5%를 차지하였으며, 2020년에는 세계 경제 성장율 보다 2.5배 더 빠르게 성장하여 그 비율이 24.3%까지 증가할 것으로 전망된다.

하지만, 글로벌 경제의 급속한 디지털화에 따른 성장의 이면에는 사이버 리스크의  기하급수적인 증가도 자리하고 있다. 다양한 사이버리스크가 현실화 된다면 막대한 경제적 손실 발생에 따른 관련 국가의 경제와 사회를 큰 혼란에 빠뜨릴 수도 있다. 주요한 사이버 위협으로는 개인정보유출, 사이버사기, 서비스장애 및 사이버협박 등이 있다. 최근 사례를 살펴보면, 2015년 우크라이나 변전소에 대한 사이버 공격으로 인한 대규모 정전사태와 2016년 방글라데시 중앙은행의 8,100만 달러 해킹 도난사례가 있다. 2016년 전세계적으로 한해에만  31억 건 이상의 기록이 유출된 것으로 파악된다.

각 국가 차원의 사이버 보안 기관 및 사이버사고 대응팀 설립 등 기존의 접근방식도 중요하지만, 공공 부문과 민간 부문이 공동으로 필요한 제도를 구축하고 최적의 기술을 활용할 수 있는 지속가능한 비즈니스 모델을 제시하는 새로운 솔루션이 필요한 시점이다. 사이버 리스크 보험은 이와 같은 과제를 해결하는 데 가장 적합한 해결책이다.

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