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This paper argues that with the rapid urbanization in Southeast Asia, local government units (LGUs) in Southeast Asia are comparable to their counterparts in Canada and therefore should move to a comprehensive/beneficial asset management system.
This policy brief reviews two aspects of independent regulation: institutional efficacy, including primarily autonomy, capacity, and accountability; and the mode of regulation, or the regulator's functional scope. Recommendations are made in the policy brief relating to the entire regulatory process.
This paper focuses on how to improve services by laying out the rationale and steps for cities to achieve bus sector reforms, with case studies, examples and illustrations.
This paper reviews the literature on the impact of physical infrastructure on development and issues surrounding the analysis of the effects of infrastructure on development indicators such as poverty.
This report responds to a request from the Royal Government of Cambodia for the World Bank to assess the current state of its Digital Economy and identify policies such as supporting the development of digital skills and completing regulatory framework.
The Global Infrastructure Hub (GI Hub) has collaborated on this blog with Seungbeum Rho, a Specialist at the Korea Development Institute (KDI). This blog outlines some of the lessons learned in Korea on the topic of project preparation, which can be found in more detail in the GI Hub’s Reference Tool on Governmental Processes Facilitating Infrastructure Project Preparation.
Focused on the electricity system, BloombergNEF s (BNEF s) New Energy Outlook (NEO) combines the expertise of over 65 market and technology specialists in 12 countries to provide a unique view of how the market will evolve. Each year BNEF makes a number of changes to NEO as they strive to improve the completeness and complexity of their analysis. Click on the link to BNEF s website to see the 10 key findings.
The Australian Infrastructure 2019 Audit covers transport, energy, water, telecommunications and for the first time social infrastructure, and looks at the major challenges and opportunities facing Australia s infrastructure over the next 15 years and beyond. They have presented their findings in terms that matter to users, by focusing on outcomes for them. The hope is that this enhanced focus on users, and the role infrastructure can play in improving their quality of life, helps to drive better decisions that are rooted in the long-term interests of Australians.
The Project Disclosure Portal was launched in 2018 by the Government of Kenya with support from the World Bank, as a push to improve transparency of information on PPP projects.
Increasingly, infrastructure leaders, investors and developers are recognising the need to not only increase the quantity of infrastructure investment globally to drive economic growth, but also the quality of infrastructure investment, to ensure that that growth and development is inclusive and sustainable.
We welcomed Long-term Infrastructure Investors Association’s (LTIIA) Executive Director, Francois Bergère to our office earlier this week.
The OECD Recommendation on the Governance of Infrastructure provides practical guidance for efficient, transparent and responsive decision-making processes in infrastructure investment.
The Future of Infrastructure report (Annual edition) is based on a survey covering more than 10,000 people in 10 major global cities to ask about their everyday experiences with infrastructure services.
The draft Reference Guide on Output Specifications for Quality Infrastructure is open for public consultation to capture your insights and feedback for the final version.
The Global Infrastructure Hub (GI Hub) welcomes the G20 Osaka Leaders’ Declaration that was released over the weekend and endorsed the Principles for Quality Infrastructure Investment as the G20’s common strategic direction and high aspiration.
The Guidance Note, developed by the GI Hub in collaboration with Cambridge Economic Policy Associates Limited (CEPA), identifies lessons learned from various existing NIBs in both emerging markets and high-income countries through 11 case studies which explore different NIBs that have existed from 1945.
Ambitions Beyond Growth- Economic and Social Survey of Asia-Pacific Region” by UN ESCAP 2019 reveals that achieving the Sustainable Development Goals by 2030 would require an annual additional investment of $1.5 trillion for Asia-Pacific developing countries – equivalent to five per cent of their combined GDP in 2018, or about four per cent in terms of the annual average GDP for the period 2016-2030.
In this report, Marsh & McLennan Insights, the Inter-American Development Bank and IDB Invest review the progress of the six largest infrastructure investment markets in the Latin American and the Caribbean region (the LAC6) in the recovery period following the Lava Jato investigation – the period from 2016 until the present. This report will evaluate private investment prospects in infrastructure based on transparency reforms and project pipeline initiatives offered by the region’s governments. The report will additionally outline a selection of key financing and risk solutions available to private investors to ensure project bankability in the region.
ChinaRAP is a collaboration between the International Road Assessment Programme and the Research Institute of Highway (RIOH), Ministry of Transport (MoT). Launched in 2008, seed financial support was provided through the World Bank Global Road Safety Facility by Bloomberg Philanthropies and now ten times that amount is now mobilised by the Chinese Government.