- Enabling environment/capacity building for project proponents
- Development of pre-feasibility studies
- Development of feasibility studies
- Project financial structuring
- Matchmaking with investors and funders
The Global Infrastructure Facility (GIF), a G20 initiative, is a global collaboration platform that integrates efforts to boost private investment in sustainable, quality infrastructure projects in developing countries and emerging markets. GIF enables collective action among a wide range of partners – including donors, development finance institutions, country governments, with inputs of private sector investors and financiers – to leverage resources and expertise and find solutions to build bankable pipelines of infrastructure projects that attract private financing.
GIF addresses the lack of bankable infrastructure projects in emerging markets by providing funding and advisory technical support to governments and multilateral development banks on how to select, design, structure, and bring to market sustainable, quality bankable infrastructure projects, through a range of products that assist clients throughout all phases of the project cycle.
GIF selection criteria include the following:
- Development Impact - Projects must support overall development goals of poverty reduction and inclusive and sustainable growth in developing countries through improved delivery of quality infrastructure services
- Alignment with Country Priorities - Projects must address a priority investment need and strong government commitment, including the availability of adequate fiscal resources to develop and implement the project or program and intention to seek private financing
- Viability, Sustainability, & Value for Money - Projects must be economically, technically, socially, environmentally, financially, and fiscally viable and achieve value for money for governments and end-users, both in terms of economic returns and social benefits
- Mobilization of Private Capital & Expertise - Projects must demonstrate their potential to leverage public funds by attracting private capital investment or by attracting private expertise through the transfer of performance risk to private partners
- Complexity - Projects must involve multiple parties working together to prepare, structure, and arrange financing as well as demonstrate the value addition of utilizing the GIF's global collaboration platform