Financing and Risk Mitigation

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Risk Allocation in Public-Private Partnership Infrastructure Projects: Comparative Study

Ke et al's study of risk allocation demonstrates some limits to how risks can be allocated in a PPP project in their comparison of risk allocation for projects in China, Hong Kong, Greece, and the…

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Government Guarantees Allocating and valuing risk in privately financed infrastructure projects

Many governments want private firms to finance new infrastructure. The firms, in turn, often want the government to bear some of the risks. They might ask the government to compensate them if demand…

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IFC Infraventures: The IFC Global Infrastructure Project Development Fund

IFC InfraVentures is a $150 million global infrastructure project development fund that has been created as part of World Bank Group’s efforts to increase the pipeline of bankable projects in…

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Project Finance in Developing Countries : Lessons of Experience Number 7

This volume describes IFC's greenfield project finance activities over the past decade, initially against the background of rapid growth in capital flows and project finance activities in…

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Budgeting and reporting for public-private partnerships

Discussion paper with the aim to contribute to the understanding of the transport sector and to provide inputs to transport policy design.

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The U.K. Treasury Infrastructure Finance Unit: Supporting PPP Financing During the Global Liquidity Crisis

2008 and 2009 were challenging years to raise finance for Public-Private Partnerships (PPP) and Private Finance Initiative (PFI) schemes in the UK. The number of active lenders in the market was…

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The Allocation of Risk in PPP/PFI Construction Projects in the UK

Public-private partnership (PPP) procurement is seen as an effective way to achieve value for money (VFM) in public infrastructure projects. The Private Finance Initiative (PFI) in the UK is a form…

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Public-Private Partnerships Fiscal Risk Assessment Model (PFRAM) (2016) : Version 1

The Public-Private Partnerships Fiscal Risk Assessment Model (PFRAM) is an analytical tool to assist governments and country analysts in assessing potential fiscal costs and risks arising from a PPP…

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Recommendation of the Council on Budgetary Governance

The OECD has developed, and is developing, more detailed principles and recommendations for further guidance on specific elements of the overall budgeting framework.

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G20/OECD Guidance Note on Diversification of Financial Instruments for Infrastructure and SMEs

This document contains the final version of the G20/OECD Guidance Note on recommended policy steps to diversified financing instruments for infrastructure and SMEs. It was endorsed by the G20 Finance…

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Valuing Infrastructure Spend: Supplementary Guidance to the Green Book

This document is a best practice guide for use in central government departments and other government bodies involved in the production and approval of business cases for economic infrastructure…

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Financing and Funding Kenyan PPPs – Emerging Trends and Issues

This is a joint initiative of the World Bank Group and the PPP Unit Kenya.

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Technical Brief on Resilient Infrastructure Public-Private Partnerships: Policy, Contracting, and Finance

This brief was made possible with the financial support of the PPIAF and Japan-World Bank Program for Mainstreaming Disaster Risk Management in Developing Countries, which is financed by the…

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Mobilization of Private Finance by Multilateral Development Banks 2018 Joint Report

This year’s report contains results that support the recent United Nations Inter-Agency Task Force findings on Financing for Development that, while “there is progress” on increasing financing for…

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Bancabilidade pelas lentes da transparencia: Aumentando o investimento privado na infraestrutura da América Latina

Bankability through the lens of transparency: Increasing private investment in Latin America's infrastructure. (in Portuguese)

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Fostering Investment in Infrastructure: Lessons learned from OECD Investment Policy Reviews

This report has been prepared by the OECD with contributions from, among others: a network of high-level infrastructure practitioners gathered by the OECD and the African Development Bank (including…

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Megaprojects and Risk

Megaprojects and Risk provides the first detailed examination of the phenomenon of megaprojects. It is a fascinating account of how the promoters of multi-billion dollar megaprojects systematically…

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The fiscal impacts of PPP contracts: Case study of the institutional environment and practice of PPPs in Brazil

Os impactos fiscais dos contratos de parceria público-privada. Estudo de caso do ambiente institucional e da prática no Brasil.

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Private equity and value creation

The study finds that, even after considering such timing effects, improvements in operational efficiency and revenue growth are strongly associated with higher investor returns. Firms in the EBRD…

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Contingent Liabilities Risk Management: A Credit Risk Analysis Framework for Sovereign Guarantees and On-Lending

This paper proposes a four-step structure for analyzing and measuring credit risk: (i) defining key characteristics to determine the choice of a risk analysis approach; (ii) analyzing risk drivers; (…

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Indonesia Infrastructure Guarantee Fund

The increasing demand for infrastructure development to support Indonesia’s economic growth in the midst of budget has led the Government of Indonesia to provide fiscal support and a better framework…

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Risk Management: Developing and Implementing a Risk Management Framework

The Victorian Government Risk Management Framework (VGRMF) sets out the standards that all Victorian government departments and public bodies must meet when it comes to managing…

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Results-Based Finance for Last Mile Infrastructure

The presentation on Results-Based Finance for Last Mile Infrastructure delivered by Charis Lypiridis, Infrastructure Specialist.

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Fiscal Risk in PPPs: Defining the Problem

Public-Private Partnerships (PPPs) can sometimes be perceived as a means for delivering infrastructure for free. A more nuanced view is that they are a mechanism to overcome fiscal constraints, a…