Region: Global
Country: Global / Non-Specific
Keywords: About PPP, Knowledge Lab
Document Link(s):
Document(s):
Document Summary:
This report reviews the experience with strategic infrastructure planning in a selection of countries and complements that analysis with a discussion of how strategic planning is conducted in the private sector. It summarises the discussion of a roundtable organised by ITF which brought together 27 international experts in London in June 2016. The roundtable was organised around presentations from regulators, policy makers and researchers on the strengths and weaknesses of strategic planning approaches in Australia, Denmark, France and Japan as well as reviews of planning practice from international financing institutions such as the European Bank of Reconstruction and Development (EBRD), Global Infrastructure Hub, International Monetary Fund (IMF) and the World Bank.
Document Details:
Providing stable long-term direction to infrastructure investment whilst retaining the flexibility needed to deal with uncertainty over long horizons is a challenge for governments. To address this issue, the UK established a National Infrastructure Commission (NIC) in 2015 to develop a strategic framework for planning major investments beyond the timeframe of electoral cycles.
How planning frameworks in other countries have been addressing this challenge can provide useful benchmarks for progress in the UK. The NIC asked the International Transport Forum (ITF) at the OECD to identify global best practices in strategic infrastructure planning and explore how selected OECD member countries deal with planning challenges. In particular, the NIC’s interest was for the ITF to examine how to incorporate uncertainty into decision-making frameworks, account for interdependencies across different sectors of economic infrastructure, and structure the process to bring stakeholders on-board. The focus was on the transport and energy sectors.
Updated: April 12, 2022