NEW! Invitation to Comment: Private Sector Considerations for Policymakers (All comments and feedback must be submitted by January 15, 2021) Your feedback is... More »
Consultation - Invitation to Comment: Private Sector Considerations for Policymakers
What's new @ the GIF - Sept 2020 (COVID-19 Special Edition)
This special edition newsletter focuses on the impact of COVID-19 on infrastructure PPPs and the GIF's work in response. ... More »
GIF Advisory Council COVID-19 Webinar Series: Webinar Two Summary
The GIF continued its webinar series on The Impact of the COVID-19 Crisis in Emerging Market Infrastructure Finance & PPPs on July 29th, with its second webinar called the Regional State of... More »
Sustainable Infrastructure Project Preparation: Helping Developing Countries Through COVID-19 and Beyond
The COVID-19 crisis represents a significant challenge to global health and economies, and developing countries are especially vulnerable to its long-term effects. Once the acute phase of this... More »
GIF Advisory Council COVID-19 Webinar Series: Webinar One Summary
On May 4, 2020, the GIF launched the first of a three-part webinar series focused on the Impact of the COVID-19 Crisis in Emerging Market Infrastructure & PPPs. The series looks at... More »
PRESS RELEASE: World Bank and GIF Support the Government of Vietnam to Mobilize Private Investment in Solar Pilot Auction Program
Hanoi, December 18, 2019—The Global Infrastructure Facility’s (GIF) Governing Council approved $1.5 million in funding to support the World Bank’s work with the Government of... More »
GIF OCTOBER 2019 AC MEETING MATERIALS
The Global Infrastructure Facility (GIF) held its tenth bi-annual Advisory Council meeting in Washington, DC on October 16, 2019. The focus of this AC meeting was on sustainable cities... More »
What's new @ the GIF - December 2018
The Global Infrastructure Facility (GIF) held its Advisory Council meeting with more than 110 participants in ...... More »
Global Infrastructure Facility (GIF) Advisory Council Meeting - October 16, 2018
The Global Infrastructure Facility (GIF) held its Advisory Council meeting with more than 110 participants in Singapore on October 16. The meeting was co-chaired by Joaquim Levy, MD/CFO, World... More »
The Partnership Framework is the governance framework adopted by the Global Infrastructure Facility Governing Council at its first meeting in 2015.
This document establishes a Results Framework for the Global Infrastructure Facility, as required by the GIF Partnership Framework. This Results Framework serves three purposes throughout the life of individual projects and the facility: i) to facilitate management for results; ii) to monitor progress and ensure accountability; and iii) to facilitate learning from experience.
Learning from Japan: PPPs for infrastructure resilience
In March 2011, the Great East Japan Earthquake struck Japan, unleashing a tsunami that left some 20,000 people dead or missing. Sendai, the capital city of Miyagi Prefecture and a regional economic hub, was heavily affected by the disaster. About 500,000 residents in the city lost access to water, and the city’s primary wastewater treatment Read More>>
Helping Brazil realize its infrastructure promise
Since the 1980s, investment in Brazil’s infrastructure has declined from 5% to a little above 2% of the country’s Gross Domestic Product (GDP), scarcely enough to cover depreciation and far below that of most middle-income countries (see figure below). The result is Read More >>
The Global Infrastructure Facility: What is it really and what have we been doing?
From “Billions to Trillions”, to the Hamburg Principles and Ambitions, to Maximizing Finance for Development(MFD), mobilizing private capital to deliver on the sustainable development agenda is in the spotlight. Realizing that constrained public and multilateral development bank (MDB) funding cannot fully address the critical...Read more
Three ways to manage construction risk to support infrastructure investment
At the Global Infrastructure Facility (GIF) Advisory Council Meeting in March, we talked about construction risk and the way it shapes the delivery environment early in a project’s investment life. As a practicing engineer accustomed to attacking construction risk at the granular level, I enjoyed the broader discussion, particularly from the banking and credit perspective (meeting outcomes). Read more
A portrait of PPPs in Latin America
As in many regions, countries in Latin America and the Caribbean are underinvesting in infrastructure—spending in the sector is only about half of the $300 billion needed annually to encourage growth and reduce poverty. Addressing this issue involves the successful interaction between public officials... Read More>>
Why addressing FX risk could hold the key to infrastructure investment
The world is crying out for new infrastructure. In emerging market countries, growing populations and rapid urbanization mean that cities are struggling to keep pace with the needs of citizens. Meanwhile, infrastructure is outdated in many developed countries. Yet there is a $1 trillion annual shortfall in infrastructure... Read More>>
Traffic Risk in PPPs, Part III - Allocating Traffic Risk: Prophet & Loss
This is the final blog in a three-part series on traffic risk in PPPs As explained in the previous two blogs – Traffic Risk in Highway PPPs, Part I: Traffic Forecasting and Traffic Risk in PPPs, Part II: Bias in Traffic Forecasts – traffic risk is inevitable, given our imperfect ability to predict traffic and revenue a long way (often several decades) into the future. Read more...
Ukraine: How international partnerships are contributing to the development of transportation infrastructure
Read this blog in Ukrainian.
Infrastructure in Ukraine, Europe’s largest country, is extremely underdeveloped. Without significant investment, it cannot support the existing or future needs of our economy or population. The reasons are many: decades of mismanagement under Soviet rule, economic crisis, and more recently, the conflict in the Donbass. ...... Read More »
Traffic Risk in PPPs, Part II: Bias in traffic forecasts—dealing with the darker side of PPPs
This is the second of a three-part series on traffic PPPs. "It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so." – “The Big Short” Forecasting traffic accurately is a very difficult and thankless task. Read more...
Traffic Risk in Highway PPPs, Part I: Traffic Forecasting — It’s ok to be wrong, just try to be less wrong
This is the first of a three-part series on traffic risk in PPPs Prediction is very difficult, especially about the future. – Professor Nils Bohr, Nobel Laureate Professor Bohr was right: prediction is hard work. As a species, we don’t have difficulty making predictions...Read More >>