Delivering the Goods : Multi-Donor Approaches to Project Development and Funding
In 2000 the UK government, through the Department for International Development (DFID), reached the conclusion that it made sense to use aid financing to help mitigate risks that constrained private-sector investment in badly needed infrastructure...
| Main Author: | |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/09/11138099/delivering-goods-multi-donor-approaches-project-development-funding http://hdl.handle.net/10986/10524 |
| Summary: | In 2000 the UK government, through the
Department for International Development (DFID), reached the
conclusion that it made sense to use aid financing to help
mitigate risks that constrained private-sector investment in
badly needed infrastructure development, improvement, and
expansion in developing countries. In seeking to develop an
approach, DFID decided to bring in as many like-minded
donors as possible so as to provide a single interface for
both governments and potential private investors for the
development and financing of infrastructure projects. As a
result, the Private Infrastructure Development Group (PIDG)
was launched in 2002. The World Bank Group has been a member
since its inception, first through the International Bank
for Reconstruction and Development (IBRD) window and, since
2007, through the IFC. Current members are Austria, Ireland,
Sweden, Switzerland, The Netherlands, the UK, and the
International Finance Corporation (IFC). |
|---|