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Annex 1 of the Annex for IRI Guide:

The Worked Examples are provided to demonstrate to practitioners how the Guidelines can be applied to projects. The Worked Examples are hypothetical project business cases and include hypothetical financial assessments with key project information. 

Increasingly, governments are looking for creative ways to pay for infrastructure, including through Land Value Capture (LVC) and Commercial Value Capture (CVC), as a means to go beyond the traditional “user pays’ or “government pays’ funding models. LVC has significant potential for providing alternative funding for infrastructure. The concepts surrounding, and implementation of, LVC is the subject of extensive analysis in the literature.¹ CVC is far less extensively considered, and therefore will be the primary focus of the Guidelines. 

Watch this space. The Guidelines on Innovative Revenues for Infrastructure (IRI) is intended to be a living document and will be reviewed at regular intervals.

Governments should consider possible innovative funding opportunities during early planning processes (at program and project level) and project preparation stage (at the Pre-Feasibility Study or Outline Business Case stage), to make sure that planning does not unnecessarily limit, or fail to identify and capture CVC opportunities. 

In this section you will find more about the context of and the need for Innovative Revenues for Infrastructure (IRI), challenges faced by governments in funding infrastructure gap, the role and potential of IRI and CVC  in closing the funding gap, the role of government in streamlining CVC, what are the potential CVC opportunities in infrastructure projects and core principles to consider when applying CVC in projects.