Why countries should implement asset recycling, and where to get good guidance

Asset recycling allows governments to concession out or lease existing, brownfield infrastructure assets, such as toll roads, airports, ports, rail, and electricity transmission assets that have the potential for private sector efficiencies in their operations and maintenance.  Governments, in turn, can invest the realized proceeds into building new, sustainable greenfield infrastructure assets. This creates a virtuous cycle whereby the public accesses improved services provided by the private sector (operating existing assets) and benefits from additional services delivered by investment in new infrastructure assets. 

World Bank on Trust funds and Partnership Programs

The Bank works with a growing array of development partners, both traditional and non-traditional, formal and informal, to help meet our shared goals. From the ongoing partnership with our sovereign donors, through engagement with foundations and civil society, to an increasing focus on leveraging private capital, the Bank recognizes how transformative partnership can be when new ideas, perspectives and experiences are combined with the necessary financial resources.

Development partners work with the Bank through trust funds:

Sydney Airport 2021 Response to the Task Force on Climate-related Financial Disclosures

During 2021, the FSB Board oversaw climate risk management and its potential to influence and inform corporate strategy and decision making. The Board is supported by the Safety, Security and Sustainability Committee (SSS) which met quarterly this year. This Board Committee has oversight of environmental and sustainability matters. The SSS Charter outlines its roles and responsibilities and includes climate change. The SSS receives briefings on the outcomes of the climate risk assessment and adaptation planning.

ACI Resolution 3/2018 on resilience and adaptation to climate change

Most airport infrastructure was designed and constructed in the era when climate variation was not appreciated as it is today, and adaptive measures were not readily available. However, with more studies presenting financial and economic benefits from introducing preventive measures compared to reactive response post-impact, ACI recommends that airports consider:

Guidelines for Implementing Asset Recycling Transactions (Download PDF version) - Now Available!

This document provides a set of step-by-step guidelines (the Guidelines) for relevant authorities to monetize existing assets by recycling them through long-term concession or lease arrangements. The development of the Guidelines has been informed by best practices gleaned from programs implemented by various countries.  

The Guidelines are structured as follows: 

The Role of National Development Banks in Catalyzing International Climate Finance

This publication discusses the unique role that National development banks (NDBs) could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region.

The Climate Finance Portal

This portal is a gateway to information on activities funded in developing countries to implement the United Nations Framework Convention on Climate Change (UNFCCC). The Portal presents information on financial resources that have been made available to Non-Annex I Parties to the UNFCCC, and consists of the following four modules:

National Communications Module, Fast-start Finance Module, Funds Managed by the GEF Module and Adaptation Fund Module.