This presentation was made by Youngsob Yoo & Hojun Lee, Korea, at the 8th meeting of Senior Public-Private Partnerships and Infrastructure Officials held in Paris on 23-24 March 2015.
G20 investment & infrastructure working group - Ulya Pasaogullari, TurkeyOECD Governance
This document discusses collective action by the G20 to promote inclusive and robust growth through cooperation on macroeconomic policies, financial regulation, development issues, and other areas. It outlines the Turkish presidency's focus on inclusiveness, implementation, and investment. Specific topics mentioned include improving infrastructure investment, facilitating long-term financing, developing local bond markets, supporting SMEs, optimizing multilateral development banks, and strengthening public-private partnerships.
PIM developments in Korea - Youngsob Yoo, KoreaOECD Governance
This presentation was made by Youngsob Yoo, Korea, at the 8th Meeting of Senior Public-Private Partnerships and Infrastructure Officials held in Paris on 23-24 March 2015.
The document discusses the OECD's new Clean Energy Finance and Investment Mobilisation (CEFIM) Programme. The 5-year programme will work with 5 emerging economies in South and Southeast Asia to strengthen enabling conditions and increase private sector mobilization for clean energy investments. It will do this through country-level analytical reports and stakeholder engagement, policy advice and liaison, and regional peer learning events. The goal is to leverage OECD expertise to help accelerate clean energy finance and mobilize more investments in areas like renewable power and building efficiency. A proposed investor mobilization network would aim to connect public and private clean energy initiatives and contributors to support the goals of mobilizing more finance for impactful projects in emerging markets.
Mobilising private finance for clean energy in developing countries - Cecilia...OECD Environment
BIAC-OECD Virtual Roundtable on mobilising private sector finance and investments for affordable and clean energy in developing countries, 26 October 2021
PPP for regional development - Lee MIZELL, ConsultantOECD Governance
This presentation was made by Lee MIZELL, consultant, at the 11th Annual Meeting of the OECD Network of Senior PPP and Infrastructure Officials held at the OECD, Paris, on 27 March 2018
SDGs financing hub as innovative funding scheme - Dr Ir. Yahya Rachmana Hiday...OECD Environment
BIAC-OECD Virtual Roundtable on mobilising private sector finance and investments for affordable and clean energy in developing countries, 26 October 2021
This document discusses climate change tagging, which is used to track climate-related expenditures in government budgets. It outlines key applications of climate tagging like development finance and green bonds. The main elements of climate tagging involve defining positive lists and measuring expenditures that are related to climate change mitigation, adaptation or reducing adverse impacts. Climate tagging can cover various types of government spending and financing. The document also evaluates the impacts and critiques of climate tagging, and proposes next steps to strengthen the approach.
G20 investment & infrastructure working group - Ulya Pasaogullari, TurkeyOECD Governance
This document discusses collective action by the G20 to promote inclusive and robust growth through cooperation on macroeconomic policies, financial regulation, development issues, and other areas. It outlines the Turkish presidency's focus on inclusiveness, implementation, and investment. Specific topics mentioned include improving infrastructure investment, facilitating long-term financing, developing local bond markets, supporting SMEs, optimizing multilateral development banks, and strengthening public-private partnerships.
PIM developments in Korea - Youngsob Yoo, KoreaOECD Governance
This presentation was made by Youngsob Yoo, Korea, at the 8th Meeting of Senior Public-Private Partnerships and Infrastructure Officials held in Paris on 23-24 March 2015.
The document discusses the OECD's new Clean Energy Finance and Investment Mobilisation (CEFIM) Programme. The 5-year programme will work with 5 emerging economies in South and Southeast Asia to strengthen enabling conditions and increase private sector mobilization for clean energy investments. It will do this through country-level analytical reports and stakeholder engagement, policy advice and liaison, and regional peer learning events. The goal is to leverage OECD expertise to help accelerate clean energy finance and mobilize more investments in areas like renewable power and building efficiency. A proposed investor mobilization network would aim to connect public and private clean energy initiatives and contributors to support the goals of mobilizing more finance for impactful projects in emerging markets.
Mobilising private finance for clean energy in developing countries - Cecilia...OECD Environment
BIAC-OECD Virtual Roundtable on mobilising private sector finance and investments for affordable and clean energy in developing countries, 26 October 2021
PPP for regional development - Lee MIZELL, ConsultantOECD Governance
This presentation was made by Lee MIZELL, consultant, at the 11th Annual Meeting of the OECD Network of Senior PPP and Infrastructure Officials held at the OECD, Paris, on 27 March 2018
SDGs financing hub as innovative funding scheme - Dr Ir. Yahya Rachmana Hiday...OECD Environment
BIAC-OECD Virtual Roundtable on mobilising private sector finance and investments for affordable and clean energy in developing countries, 26 October 2021
This document discusses climate change tagging, which is used to track climate-related expenditures in government budgets. It outlines key applications of climate tagging like development finance and green bonds. The main elements of climate tagging involve defining positive lists and measuring expenditures that are related to climate change mitigation, adaptation or reducing adverse impacts. Climate tagging can cover various types of government spending and financing. The document also evaluates the impacts and critiques of climate tagging, and proposes next steps to strengthen the approach.
Operating Solar Fields – Lower Middle-Income Country (Single-B rated) - Chris...OECD Environment
This document discusses mobilizing institutional investors for emerging market climate finance through a solar energy project in a lower middle-income country. The project involves setting up a holding company and special purpose vehicles to purchase a $250 million project bond. The project companies would obtain a $500 million loan from multilateral development banks and development finance institutions to finance construction of multiple solar fields with electricity sales under long-term power purchase agreements. Key risks to debt repayment include the creditworthiness of the electricity off-taker, government interference, project performance issues, and unpredictability of the legal framework in the event of stress.
Second Meeting of the Regional Assembly - AzerbaijanOECD Environment
This document summarizes progress and plans under the EU4Environment initiative in Azerbaijan. It discusses three main results: 1) Greener decision making, 2) Circular economy and new growth opportunities, and 3) Environmental level playing field. Under each result, it outlines key activities completed in 2019-2020 and planned for 2020-2021, which include developing green economy training programs, strengthening environmental impact assessment procedures, promoting recycling and cleaner production among SMEs, and improving regulations and compliance. It also mentions recent green policy developments in Azerbaijan and highlights achievements of the initiative to date.
The document outlines the OECD's Green Budgeting Framework which consists of 4 building blocks:
1) Strategic planning to define environmental priorities and link them to targets and indicators.
2) Evidence generation and policy coherence tools to assess budget impacts and identify harmful spending.
3) Accountability and transparency measures like green budget statements and environmental audits.
4) An enabling governance framework with fiscal rules, multi-annual budgets, and participation. The framework is meant to help governments achieve environmental goals through budgetary and financial policy decisions.
PPP for regional development - Lisa MITCHELL, CanadaOECD Governance
This presentation was made by Lisa MITCHELL, Canada, at the 11th Annual Meeting of the OECD Network of Senior PPP and Infrastructure Officials held at the OECD, Paris, on 27 March 2018
European Parliament Hearing: Energy Efficiency Measures under the Cohesion Po...Housing Europe
The presentation of CECODHAS Housing Europe at the Regional Development (REGI) Committee of the European Parliament in Brussels.
"How to support the implementation of energy efficiency measures under the Cohesion Policy 2014-2020; Policy recommendations from several EU projects"
Presentation by the CECODHAS Housing Europe Policy Coordinator, Julien Dijol.
Brussels, 23 April 2013
This document discusses Ireland's plans to green its economic recovery from the COVID-19 pandemic. It notes that Ireland's greenhouse gas emissions slightly decreased in 2018 but that more substantial reductions are needed to meet EU targets. The government has committed to a 51% reduction in emissions by 2030 and net zero emissions by 2050. Several upcoming budgets and investment plans could allocate funding to green initiatives, but balancing economic recovery with climate goals will be challenging. Significant investment will be required to transition sectors like agriculture, transport and energy.
OECD-led activities in Moldova under EUWI+ East: a brief overview by Alexander Martusevich
4th meeting of the Coordination Committee of the National Policy Dialogue on integrated water resources management in the Republic of Moldova
(the 26th NPD meeting under the EUWI in Moldova)
June 15, 2018
This document presents a quantitative framework for understanding potential scenarios for bond contributions to financing the low-carbon transition from 2015 to 2035 in China, Japan, the EU and US. It includes the following key points:
- Annual green bond issuance in 2015 and projections for future annual low-carbon bond issuance and investment needs in the four regions out to 2035 under different scenarios.
- A methodology used to develop the quantitative model including classifying investment needs by sector and region, and determining projects' capital structure and potential for debt versus other types of financing.
- Breakdowns of the projected bond issuance and amounts outstanding by type of bond showing the potential for different bonds to scale up from 2015 to 20
This document discusses energy subsidies and subsidy reform in Eastern Partnership countries. It defines subsidies and describes the methodology used to quantify them. The largest subsidies go to natural gas, heat, and electricity, dominated by regulated prices below market rates. Ukraine has the largest fossil fuel subsidies, while subsidies to energy efficiency and renewables are negligible in comparison. Some countries have taken steps toward reform, like eliminating tax exemptions, but transparency around subsidies could still be improved.
- France has committed to ambitious climate and environmental goals including carbon neutrality by 2050 and reducing emissions 30% by 2030.
- The document outlines France's steps towards implementing "green budgeting" to ensure fiscal policy is consistent with its climate commitments, including launching methodological works in 2019 and releasing a first comprehensive Green Budget in October 2020.
- An assessment of France's COVID-19 economic recovery plan found that 27% of the €32 billion allocated was favorable for the environment and 68% exhibited co-benefits across multiple climate and environmental objectives.
Session 1 - Ken Cleary Green Budgeting in IrelandOECD Governance
The document discusses Ireland's implementation of green budgeting practices to increase transparency around climate-related public spending and meet emissions targets, including tagging over €1.6 billion in direct climate spending in 2019, setting metrics to monitor spending of new carbon tax revenue, and identifying challenges around capturing all relevant spending and evaluating impact.
Session 6 - Preasentation by Hulya Kurt, Industrial Development Bank of TurkeyOECD Environment
This document discusses the sustainable and green finance journey of Turkey. It provides an overview of TSKB Bank and Escarus Sustainability Consultancy, their strategies and services. It then outlines Turkey's progression in renewable energy, energy efficiency, and sustainable finance from 2004 to 2017. Key developments include new laws, strategies, and initiatives promoting renewable energy, energy efficiency financing, and resource efficiency. The document also presents data on TSKB Bank's renewable energy and energy efficiency portfolios. Escarus' services are aimed at capacity building, risk assessment, sustainability strategy development, research and reporting, and providing technical expertise to support sustainable finance.
This document provides introductory guidance on green budget tagging. It discusses the growing political support for green budgeting approaches and outlines key considerations for developing a green budget tagging system, including deciding what to tag, developing a classification system, defining what is "green", and identifying information needs. It also discusses country examples that take different approaches and key challenges in implementation. The guidance aims to support effective green budget tagging that aligns with national priorities and climate/environmental goals in order to inform policy and budget decisions.
This document outlines Indonesia's policies and plans related to clean energy development. It discusses Indonesia's long-term clean energy targets through 2050 as established in the National Energy Policy and Plan. It also describes the country's institutional framework for energy planning and coordination between different levels of government. Key areas of focus include energy efficiency, renewable energy resource mapping, electricity planning, and regulatory frameworks for the energy efficiency and electricity markets.
EU Budget Finland 2014-2020 update November 2014Joost Holleman
EU Budget Finland 2014-2020 update November 2014
The five European Structural and Investment Funds;
| The European Regional Development Fund
| The European Social Fund
| The Cohesion Fund
| The European Maritime and Fisheries Fund
| The European Agricultural Fund for Rural Development
Vietnam has established long-term energy and climate goals to promote clean energy investments, including targets for renewable energy to reach 7% of total generation by 2020 and 10% by 2030. The country has also mapped its renewable energy resources such as solar, wind, biomass and small hydro potential. Vietnam's electricity market is governed by the Electricity Law and regulated by the Electricity Regulatory Authority, though the regulator lacks full independence. Key energy efficiency policies and regulations have been put in place to meet economy-wide targets, including the Energy Efficiency Law and minimum performance standards for designated energy-intensive industries.
This document summarizes France's efforts in green budgeting. It describes France's commitment to assessing the environmental impacts of its public finances and budget. The methodology classifies budget expenditures on a scale from very favorable to unfavorable based on their impacts on climate change mitigation, adaptation, and other environmental objectives. Results show most expenditures are neutral, while around €35 billion are favorable and €25 billion are unfavorable. Favorable expenditures include investments in renewable energy, rail infrastructure, and research. Unfavorable expenditures include tax exemptions on fuels and some new transport infrastructure projects. Challenges ahead include improving impact assessments, evaluating efficiency of spending, and enabling international comparisons of fiscal expenditures.
Building institutions and capacity for transparency of climate finance: ODI's...OECD Environment
Building institutions and capacity for transparency of climate finance: ODI's national climate finance studies by Neil Bird CCXG GF September 2016 Breakout A
A national investment infrastructure bank {nib} presentation 1 11-11(01)Nigel Campbell
This document discusses the potential benefits of establishing a National Investment Infrastructure Bank (NIIB) in Trinidad and Tobago to facilitate public-private partnerships for infrastructure projects. It outlines examples from Canada and the UK where similar models have worked well. A NIIB could help address budget deficits, leverage available funds, and promote long-term planning. It would give greater control and transparency over projects while reducing political and financial risks.
Operating Solar Fields – Lower Middle-Income Country (Single-B rated) - Chris...OECD Environment
This document discusses mobilizing institutional investors for emerging market climate finance through a solar energy project in a lower middle-income country. The project involves setting up a holding company and special purpose vehicles to purchase a $250 million project bond. The project companies would obtain a $500 million loan from multilateral development banks and development finance institutions to finance construction of multiple solar fields with electricity sales under long-term power purchase agreements. Key risks to debt repayment include the creditworthiness of the electricity off-taker, government interference, project performance issues, and unpredictability of the legal framework in the event of stress.
Second Meeting of the Regional Assembly - AzerbaijanOECD Environment
This document summarizes progress and plans under the EU4Environment initiative in Azerbaijan. It discusses three main results: 1) Greener decision making, 2) Circular economy and new growth opportunities, and 3) Environmental level playing field. Under each result, it outlines key activities completed in 2019-2020 and planned for 2020-2021, which include developing green economy training programs, strengthening environmental impact assessment procedures, promoting recycling and cleaner production among SMEs, and improving regulations and compliance. It also mentions recent green policy developments in Azerbaijan and highlights achievements of the initiative to date.
The document outlines the OECD's Green Budgeting Framework which consists of 4 building blocks:
1) Strategic planning to define environmental priorities and link them to targets and indicators.
2) Evidence generation and policy coherence tools to assess budget impacts and identify harmful spending.
3) Accountability and transparency measures like green budget statements and environmental audits.
4) An enabling governance framework with fiscal rules, multi-annual budgets, and participation. The framework is meant to help governments achieve environmental goals through budgetary and financial policy decisions.
PPP for regional development - Lisa MITCHELL, CanadaOECD Governance
This presentation was made by Lisa MITCHELL, Canada, at the 11th Annual Meeting of the OECD Network of Senior PPP and Infrastructure Officials held at the OECD, Paris, on 27 March 2018
European Parliament Hearing: Energy Efficiency Measures under the Cohesion Po...Housing Europe
The presentation of CECODHAS Housing Europe at the Regional Development (REGI) Committee of the European Parliament in Brussels.
"How to support the implementation of energy efficiency measures under the Cohesion Policy 2014-2020; Policy recommendations from several EU projects"
Presentation by the CECODHAS Housing Europe Policy Coordinator, Julien Dijol.
Brussels, 23 April 2013
This document discusses Ireland's plans to green its economic recovery from the COVID-19 pandemic. It notes that Ireland's greenhouse gas emissions slightly decreased in 2018 but that more substantial reductions are needed to meet EU targets. The government has committed to a 51% reduction in emissions by 2030 and net zero emissions by 2050. Several upcoming budgets and investment plans could allocate funding to green initiatives, but balancing economic recovery with climate goals will be challenging. Significant investment will be required to transition sectors like agriculture, transport and energy.
OECD-led activities in Moldova under EUWI+ East: a brief overview by Alexander Martusevich
4th meeting of the Coordination Committee of the National Policy Dialogue on integrated water resources management in the Republic of Moldova
(the 26th NPD meeting under the EUWI in Moldova)
June 15, 2018
This document presents a quantitative framework for understanding potential scenarios for bond contributions to financing the low-carbon transition from 2015 to 2035 in China, Japan, the EU and US. It includes the following key points:
- Annual green bond issuance in 2015 and projections for future annual low-carbon bond issuance and investment needs in the four regions out to 2035 under different scenarios.
- A methodology used to develop the quantitative model including classifying investment needs by sector and region, and determining projects' capital structure and potential for debt versus other types of financing.
- Breakdowns of the projected bond issuance and amounts outstanding by type of bond showing the potential for different bonds to scale up from 2015 to 20
This document discusses energy subsidies and subsidy reform in Eastern Partnership countries. It defines subsidies and describes the methodology used to quantify them. The largest subsidies go to natural gas, heat, and electricity, dominated by regulated prices below market rates. Ukraine has the largest fossil fuel subsidies, while subsidies to energy efficiency and renewables are negligible in comparison. Some countries have taken steps toward reform, like eliminating tax exemptions, but transparency around subsidies could still be improved.
- France has committed to ambitious climate and environmental goals including carbon neutrality by 2050 and reducing emissions 30% by 2030.
- The document outlines France's steps towards implementing "green budgeting" to ensure fiscal policy is consistent with its climate commitments, including launching methodological works in 2019 and releasing a first comprehensive Green Budget in October 2020.
- An assessment of France's COVID-19 economic recovery plan found that 27% of the €32 billion allocated was favorable for the environment and 68% exhibited co-benefits across multiple climate and environmental objectives.
Session 1 - Ken Cleary Green Budgeting in IrelandOECD Governance
The document discusses Ireland's implementation of green budgeting practices to increase transparency around climate-related public spending and meet emissions targets, including tagging over €1.6 billion in direct climate spending in 2019, setting metrics to monitor spending of new carbon tax revenue, and identifying challenges around capturing all relevant spending and evaluating impact.
Session 6 - Preasentation by Hulya Kurt, Industrial Development Bank of TurkeyOECD Environment
This document discusses the sustainable and green finance journey of Turkey. It provides an overview of TSKB Bank and Escarus Sustainability Consultancy, their strategies and services. It then outlines Turkey's progression in renewable energy, energy efficiency, and sustainable finance from 2004 to 2017. Key developments include new laws, strategies, and initiatives promoting renewable energy, energy efficiency financing, and resource efficiency. The document also presents data on TSKB Bank's renewable energy and energy efficiency portfolios. Escarus' services are aimed at capacity building, risk assessment, sustainability strategy development, research and reporting, and providing technical expertise to support sustainable finance.
This document provides introductory guidance on green budget tagging. It discusses the growing political support for green budgeting approaches and outlines key considerations for developing a green budget tagging system, including deciding what to tag, developing a classification system, defining what is "green", and identifying information needs. It also discusses country examples that take different approaches and key challenges in implementation. The guidance aims to support effective green budget tagging that aligns with national priorities and climate/environmental goals in order to inform policy and budget decisions.
This document outlines Indonesia's policies and plans related to clean energy development. It discusses Indonesia's long-term clean energy targets through 2050 as established in the National Energy Policy and Plan. It also describes the country's institutional framework for energy planning and coordination between different levels of government. Key areas of focus include energy efficiency, renewable energy resource mapping, electricity planning, and regulatory frameworks for the energy efficiency and electricity markets.
EU Budget Finland 2014-2020 update November 2014Joost Holleman
EU Budget Finland 2014-2020 update November 2014
The five European Structural and Investment Funds;
| The European Regional Development Fund
| The European Social Fund
| The Cohesion Fund
| The European Maritime and Fisheries Fund
| The European Agricultural Fund for Rural Development
Vietnam has established long-term energy and climate goals to promote clean energy investments, including targets for renewable energy to reach 7% of total generation by 2020 and 10% by 2030. The country has also mapped its renewable energy resources such as solar, wind, biomass and small hydro potential. Vietnam's electricity market is governed by the Electricity Law and regulated by the Electricity Regulatory Authority, though the regulator lacks full independence. Key energy efficiency policies and regulations have been put in place to meet economy-wide targets, including the Energy Efficiency Law and minimum performance standards for designated energy-intensive industries.
This document summarizes France's efforts in green budgeting. It describes France's commitment to assessing the environmental impacts of its public finances and budget. The methodology classifies budget expenditures on a scale from very favorable to unfavorable based on their impacts on climate change mitigation, adaptation, and other environmental objectives. Results show most expenditures are neutral, while around €35 billion are favorable and €25 billion are unfavorable. Favorable expenditures include investments in renewable energy, rail infrastructure, and research. Unfavorable expenditures include tax exemptions on fuels and some new transport infrastructure projects. Challenges ahead include improving impact assessments, evaluating efficiency of spending, and enabling international comparisons of fiscal expenditures.
Building institutions and capacity for transparency of climate finance: ODI's...OECD Environment
Building institutions and capacity for transparency of climate finance: ODI's national climate finance studies by Neil Bird CCXG GF September 2016 Breakout A
A national investment infrastructure bank {nib} presentation 1 11-11(01)Nigel Campbell
This document discusses the potential benefits of establishing a National Investment Infrastructure Bank (NIIB) in Trinidad and Tobago to facilitate public-private partnerships for infrastructure projects. It outlines examples from Canada and the UK where similar models have worked well. A NIIB could help address budget deficits, leverage available funds, and promote long-term planning. It would give greater control and transparency over projects while reducing political and financial risks.
This presentation was delivered during the 6th Meeting of the OECD Southeast Asia Regional Programme’s Regional Policy Network on Sustainable Infrastructure, which took place on 25-26 April 2022 in Manila, the Philippines. The OECD’s Public Governance Directorate and Environment Directorate teamed up with the OECD Korea Policy Centre to organise the event. The National Economic and Development Authority (NEDA) of the Philippines co-chaired the event alongside the United States, and the Public Private Partnership Centre of the Philippines graciously provided the venue. For more details about the meeting, including the agenda and a short summary record, please visit: https://www.oecd.org/site/sipa/events/sipa-searp-philippines-2022.htm.
LECTURE-1 Introduction to Project Concept, Lifecycle .pptxmansoor584949
This document provides an overview of project monitoring and evaluation. It begins with a list of 10 recommended textbooks and reference materials on monitoring and evaluation. It then discusses the importance of monitoring and evaluation for development projects, describing how M&E systems can help assess performance, ensure accountability, and improve future project design and management. The document outlines the basic differences between monitoring and evaluation, and explains key concepts like the project lifecycle, performance indicators, and participatory evaluation methods.
Infrastructure investments in Japan - Mitsuhiro Teraoka, JapanOECD Governance
This presentation was made by Mitsuhiro Teraoka, Japan, Thailand, at the 10th OECD-Asian Senior Budget Officials Annual Meeting held in Bangkok, Thailand, on 18-19 December 2014.
The document is a report from the High Level Committee on Financing Infrastructure that makes recommendations to improve infrastructure financing in India during the Twelfth Five-Year Plan period from 2012-2017. The Committee assessed investment needs across 10 infrastructure sectors and found that actual investments have lagged targets and projections. It recommends establishing an Infrastructure Development Council chaired by the Prime Minister to guide policy. It also recommends reforms such as developing capital markets, reviewing regulations, and attracting more private and international investment to help close India's large infrastructure funding gap.
The National Treasury, PPP Unit Health Infrastructure Development and Servi...Emmanuel Mosoti Machani
The National Treasury's PPP Unit's Mr. Wycliffe Ondieki presented on health infrastructure financing gaps, crowding-in finance for health sector PPPs and support for both private and public sector actors in PPPs.
The document summarizes the seven steps to real estate investments and financing using public-private partnerships (PPPs), as presented at a real estate conference in Turkey. It begins with an introduction and definitions of key terms. The seven steps are then outlined and include: ensuring PPP expertise, assessing the macroeconomic and environmental impacts, evaluating project risks, structuring the financing, conducting feasibility studies, preparing cash flow statements, and ensuring good corporate governance. Two case studies of successful PPP projects are provided: the Lekki Toll Road project in Nigeria and the Ji'nan Wastewater Treatment project in China. The presentation concludes that following PPP best practices can effectively deliver infrastructure projects that benefit both the public and private sectors.
The Impact of the Financial Crisis on Public Private Partnerships
Filip Drapak, Senior PPP Specialist, World Bank
Public Private Partnerships have been an innovative technique to fund large government projects. How the financial crisis has changed this approach will be the subject of this discussion.
This document provides an overview of Build-Own-Operate-Transfer (BOOT) projects. It discusses that BOOT projects involve a private company building, owning, and operating an infrastructure project, like a road or power plant, for a set period of time before transferring it back to public ownership. The document outlines the structure of BOOT projects, including the various parties involved like the government, private sponsors, contractors, and financiers. It also provides a brief history of how BOOT models have been used for infrastructure development in Nepal and other countries.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Quantity Surveyor’s Impact: A Panacea to achieving Critical Success Factors i...inventionjournals
Public-Private-Partnership (PPP) is an innovative infrastructure procurement system aimed at providing unique opportunities in the development and funding of public infrastructure facilities.The procurement system ranges from simple contracting of services to the involvement of private sector in financing, design, construction, operation and maintenance of infrastructure. However, organising PPP is not an easy task due to its complexity and long term contractual obligagtions that requires the involvement of stakeholders and professionals for its successful implementation. Procurement procedure under PPP is very complicated and more costly and time consuming than the traditional procurement approach. Therefore the need to address the roles of the Quantity Surveyor in providing the total cost and procurement management has been recognized and become necessary in developing effiecient and effective sustainable PPP projects. Although many studies show that there has been no comprehensive study on the roles of the Quantity Surveyor in PPP concession projects which therefore indicate a knowledge gap in this particular area of the study. Hence, the aim of this paper is to explore the roles of professional Quantity Surveyor in achieving the critical success factors (CSF)for PPPconcession projects. Findings in the study have shown that Quantity Surveyor has a great role to play in achieving the Critical Success Factors (CSF) for PPP concession projects in the areas of:detailed feasibility study; compititive financial proposal; effective procurement management; preliminary qualification evaluation & tendering phase; solid revenue & cost estimate; proper partner’s selection criteria; and solid financial packaging. Findings from the study further revealed that the PPP contractual arrangement offers the primary role of a professional Quantity Surveyor within the PPP concept leading to the selection of the right concessionaire through: request for expression of interest, qualifications, proposals; negotiation with preferred bidders; and evaluation methods & criteria and also in the performance evaluation of the entire development and delivery process within the project objectives.
How the Financial Crisis has Changed the Market for Public Private Partnershi...icgfmconference
“How the Financial Crisis has Changed the Market for
Public Private Partnerships (PPPs)”
Filip Drapak, Senior Specialist, World Bank Institute
Andy Wynne, Public Sector Financial Management Specialist
The panelists will describe the current context for PPP, outlining the key issues arising as a result of the financial crisis and providing guidance on what to do now and looking forward.
The moderator will open the floor to an open discussion to address questions such as:
What is the role of infrastructure and PPPs in economic renewal?
Is private sector investment in public infrastructure now a viable alternative to
direct public investment?
How does risk profile change as a result of the financial crisis?
What is the role of development agencies?
What actions should countries take now to capitalize on PPP opportunities?
Public Private Partnerships. Infrastructure Projects Plan in Indonesia.Oswar Mungkasa
The PPP Book aims to provide reliable information to prospective investors
on projects in the PPP pipeline. Its true value lies in the accuracy of the
information. Projects are categorized according to the stage of development
they have reached. A PPP project must be market ready in the true sense of
the word when it is categorized as “ready for offer”. What this implies is that
the basic conditions underlying its business case, such as land availability
and government support (if applicable) are largely met or soon to be met.
The current PPP Book is an update of the 2011 version, incorporating recent
developments. To date, 12 projects have been tendered out. In this 2012
version, there are 3 projects ready for offer, 26 projects under the category
“priority” and 29 projects under “potential”. There are 9 new projects that
are not in the 2011 PPP Book, of which 1 is classified as “priority” and 8
as “potential”. A significant difference from the 2011 version is that the
number of “potential” projects is reduced from 45 to 29 as a result of more
rigorous screening.
1) Inefficient budget execution can occur when line ministries and executing entities desire to increase project scales or divert funds for personal purposes. Strong monitoring, evaluation, and sanctions are needed to prevent this.
2) Korea uses various M&E methods like external supervision, feasibility reassessments, total project cost management, and budget waste reporting systems. Sanctions for noncompliance include budget cuts, salary reductions, and project cancellations.
3) Effective M&E faces challenges like difficulty monitoring some projects and reluctance to impose sanctions. However, counteractions are important to ensure projects are completed as planned and launch new efficient projects.
1) The document discusses issues with inefficient budget execution and ways to strengthen monitoring and evaluation (M&E) methods, using Korea as an example.
2) Key M&E methods in Korea include external supervision of projects, reassessing feasibility if costs increase by more than 20%, managing total project costs with sanctions for violations, and a budget waste reporting system open to public monitoring.
3) Challenges include difficulty monitoring some projects, reluctance to impose sanctions, and determining when restrictions are desirable versus hindering progress. Effective M&E with countermeasures is important to ensure projects are implemented as planned.
CII has been strongly advocating for an Action Agenda towards creating an enabling and integrated policy & regulatory framework, the impact of which could facilitate considerable investments in the Infrastructure sector thus taking India’s Infrastructure story forward.
This issue of Policy Watch takes an in-depth look at the sectoral issues and has outlined some specific recommendations to reinvigorate the growth momentum in the sector.
VIETNAM - PUBLIC-PRIVATE PARTNERSHIPS – What you must know:Dr. Oliver Massmann
The document provides an overview of public-private partnerships (PPPs) in Vietnam and makes recommendations to promote the country's PPP program. It summarizes that Vietnam passed new PPP decrees in 2015 but faces challenges developing projects, including a lack of capacity and coordination among government agencies. It recommends developing a visible pipeline of priority projects, improving government capacity through training, and streamlining regulations to address inconsistencies and gaps regarding key issues like viability gap funding, land rights, and dispute resolution.
Similar to PPP developments in Korea - Youngsob Yoo & Hojun Lee, Korea (20)
The document discusses transparency and oversight of political party financing. It finds that financial contributions to political parties are not fully transparent and are still vulnerable to political and foreign influence. Additionally, financial reports from political parties are not always publicly available or submitted on time according to regulations.
Summary of the OECD expert meeting: Construction Risk Management in Infrastru...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Using AI led assurance to deliver projects on time and on budget - D. Amratia...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI in Sweden - A. Kadefors, KTH Royal Institute of Technology, Stockholm (SE)OECD Governance
This document discusses different construction project delivery and payment models. It begins by outlining common delivery models like design-bid-build and design-build. It then explains different payment methods that can be used like fixed price, unit prices, and cost-reimbursable. The document also discusses pricing strategies and how they relate to risk transfer between parties. It provides details on collaborative models like early contractor involvement and discusses selecting the optimal contract based on a client's project risks, desired influence, and market conditions.
Building Client Capability to Deliver Megaprojects - J. Denicol, professor at...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Procurement strategy in major infrastructure: The AS-IS and STEPS - D. Makovš...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Procurement of major infrastructure projects 2017-22 - B. Hasselgren, Senior ...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI Dutch Experience - A. Chao, Partner, Bird&Bird & J. de Koning, Head of Co...OECD Governance
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Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
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4. Korea’s Current Trilemma in PIM
Fiscal Limits of Traditional Procurement
Certain Infrastructure Demand
4
Downturn in PPPs
5. Fiscal Limit for Traditional Procurement
5
Demand in Social Welfare Expenditure Soars
0
5
10
15
20
25
30
2009 2010 2011 2012 2013 2014
Social Welfare Budget/Total Budget (%)
SOC Budget/Total Budget (%)
106.4
115.5
122.6
129.9
137.7
23.7 24.4 22.4 20.7 19.1
0
20
40
60
80
100
120
140
160
2014 2015 2016 2017 2018
Social Welfare (Tril. KRW) SOC (Tril. KRW)
Mid-Term Fiscal Plan (Central Gov’t)
Portion of Social Welfare & SOC
Budget (Local Gov’t)
6. Infrastructure Demand
6
Renewable Energy Sector
Water Supply
Waste Disposal Facilities
Sewerage
Rehabilitation Projects (Transport, School)
Certain Level of Infrastructure Demand
7. Current Status & Diagnostic
7
BTLCeiling
BTOAgreement Vol.
(Trn. KRW)
2007 2008 2010 2011 2012 20132009
No.ofNew
Project
Developing new projects is an important challenge Korea’s PPP faces
8. 8
Current Status & Diagnostic
After the peak in 2007 Korea’s PPP investment has
decreased both in terms of volume and number
BTL Expenditure Ceiling(Trillion KRW): (2007) 9.9 → (2013) 0.7
BTO Concession Agreement Vol.(Trillion KRW): (2007) 5.2 → (2013) 1.9
No. of Concession Agreement : (2007) 120 → (2013) 1.9
Reasons behind poor track record
Negative public sentiment towards PPPs fueled by users, National
Assembly, and media over excessive MRG payments and high user fee
Increased PPP project risk for investors after abolishing MRG in 2009
Recent recession in construction business unleashed cutthroat
competition, further aggravating profitability
Lack of pipeline projects (Possibly, crowded out by major public works
such as Sejong Administrative City, 10 Innovation Cities)
10. Policy Drive
10
* Source: Yonhap News
* Source: News 1
Minister visits Gangnam beltway
construction site. (Mar. 9, 2015)
Meeting with managements of FIs
and Construction Companies
11. 11
Direction of New PPP Policy Framework (Draft)
Rei nvi gorati on of Economy thru PPPs
Early land
compensation
Corporate Investment
Promotion Program
Assisting Project
Restructuring
Introduce new
procurement models
*BTO-rs(risk sharing),
BTO-a(adjusted)
Expand project scope
*Water pipe network
Purification plant etc.
Introduce ‘Competi-
tive Dialogue’
Speedy Dispute
Settlement by
Committee
Etc.
12. 12
Introducing Innovative Procurement Models
Introduce new procurement types to reflect changing economic
circumstances and capture varying investor preference of risks.
The current procurement types, BTO & BTL, proved ineffective in
responding changing economic conditions(ex. Interest rate)
Absence of MRG since 2009, growing uncertainties in financial sector
have led to greater project risk → reduced investment in BTO.
Investors’ preference shifted from ‘high risk-high return’ to ‘stable profit’
(Expected effects)
With reduced project risk, long-term investments by pension
funds, insurance companies will be increased.
Pending Projects due to strict risk evaluation hurdle by financial
institutions can start afresh.
13. Fast Track Procedure
Prolonged investment procedures delays PPP projects by (i) increasing
uncertainties, (ii) frequent changes of related development plans.
Unclear project conditions, massive documentation requirements etc.
are main reasons of delay especially during the negotiation stage
Shorten the procedure(from RFP~concession agreement) by 1/3 thru
(i) introducing ‘competitive dialogue’ process,
(ii) simplifying documentation
(iii) providing non-stop services
(Expected effects)
With reduced costs*, it is expected that more unsolicited project
proposals will be in the pipeline.
preparation lead time: 45 → 30months, documentation burden: halved
13
14. Advance Land Compensation, CIPP
14
Introduction of ‘Advance Land Compensation’ for national projects
* Total executed amount in FY2014: 227bn KRW for 4 PPP road projects
The scheme will be expanded to local governments from FY2015
(Expected effects) (i)prevents compensation cost overrun due to the
delayed payment and (ii) eliminates the risk of construction delay
Corporate Investment Promotion Program (30 trillion KRW)
will relieve funding bottleneck
Several Projects experience funding difficulties due to stringent
evaluation process of financial institutions
* Initially 5 PPP projects are highly likely to get funding from the Program
(Total funding amount 6trillion KRW)
(Expected effects) With more funding possibilities, conditions for
commencing project will significantly improve.