Country: Global / Non-Specific
Sector: Water and Sanitation
This policy note offers guidance on how to work toward these objectives, presenting emerging findings from a research project implemented by IFPRI together with partners from Ghana and Tanzania, investigating Models of Public Private Partnerships for Irrigation Development. It attempts to identify the institutional arrangements that can best meet the social, development, and environmental objectives of PPPs.
Public Private Partnerships for irrigation and other development is becoming a widely accepted model for financing future agricultural and overall economic development, and was part of the toolkit of the Third International Conference on Financing for Development's (July 2015, Addis Ababa) to approve a framework for financially supporting the Sustainable Development Goals (SDGs) and the post-2015 Agenda.
However, the Outcome Document of the Conference cautioned that such projects “should share risks and reward fairly, include clear accountability mechanisms and meet social and environmental standards” and outlined a need to “build capacity to enter into public-private partnerships, including with regard to planning, contract negotiation, management, accounting and budgeting for contingent liabilities."
Updated: June 21, 2022