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426 results
Financing Rural Infrastructure: Priorities and pathways for ending hunger
The report identifies storage/cold storage, decentralized renewable energy, feeder roads, and irrigation as critical rural infrastructure for ending hunger. It argues that while these assets are essential for increasing agricultural productivity and farmer income, they face significant financing barriers due to high perceived risks and low population densities in rural areas. The authors propose a mix of donor aid, public spending, and private capital, utilizing innovative instruments such as availability payments, shadow tolls, blended finance, and viability gap funding to make these projects commercially viable and sustainable.
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Document type: Report
Western Cape After School Game Changer
The After School Game Changer (ASGC) is a strategic coordination model in the Western Cape, South Africa, designed to prevent youth violence by enhancing the quality and accessibility of afterschool care. Rather than a single program, it acts as a mechanism to align government departments, NGOs, and the City of Cape Town to provide academic, sporting, and cultural activities for learners in low- and no-fee schools. The report argues that the ASGC functions as a violence prevention tool by disrupting risky behaviors through the social ecological model, focusing on individual, relationship, and community-level interventions. Key achievements include increasing the number of registered learners to 134,380 in 2017/18, though the report notes a lack of budget transparency and a need for better reporting on how the intervention specifically addresses violence risk factors.
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Document type: Report
AFRICA’S RISING DEBT IMPLICATIONS FOR DEVELOPMENT FINANCING AND A SUSTAINABLE DEBT MANAGEMENT APPROACH
The document analyzes the resurgence of debt in Africa, noting that 19 countries have exceeded the 60% debt-to-GDP threshold. It identifies key drivers such as commodity price shocks, exchange rate volatility, and a shift from concessional to market-based loans. Through case studies of Nigeria and Morocco, it examines debt management strategies, including the use of Eurobonds and the importance of autonomous debt management offices, while recommending economic diversification and improved domestic resource mobilization to ensure long-term sustainability.
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Document type: Research paper
INFRASTRUCTURE AS AN ASSET CLASS IN AFRICA
The document examines the potential for African public pension funds and Sovereign Wealth Funds (SWFs) to address an annual infrastructure investment deficit of $130–$170 billion. While these institutional investors possess long-term horizons and substantial assets—such as South Africa's $318 billion retirement fund industry—actual infrastructure investment remains low due to a preference for traditional assets, a lack of bankable project pipelines, and regulatory constraints. The paper analyzes the landscapes of five countries and identifies key barriers, including a shortage of liquid financial instruments and a lack of internal expertise to appraise complex infrastructure risks. It suggests that capacity building, resource pooling, and early engagement between developers and regulators are essential to stimulate institutional appetite for this asset class.
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Document type: Research paper
Financing Soil Remediation: Exploring the use of financing instruments to blend public and private capital
The report explores how to attract private capital for soil remediation by leveraging the increase in land retail price and business opportunities following cleanup. It provides 17 case studies on blended finance instruments, noting that private participation is less compelling when land value capture is low or revenue streams are uncertain, necessitating public funding. This work is part of a broader project to utilize green finance vehicles to manage risk and fund soil remediation.
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Document type: Report
Financing Models for Soil Remediation in China
The report analyzes the current state of soil pollution in China and evaluates several financing models for remediation, including 'Remediation + Development', 'Polluter Pays', Public-Private Partnerships (PPPs), green bonds, industrial funds, and the 'land ticket' system. It highlights a significant funding gap, noting that while the market is growing, the costs of remediation—potentially reaching dozens of trillion yuan—far exceed current government allocations. The document identifies critical barriers such as unclear historical pollution responsibility, a lack of specialized soil pollution laws, and the high risk and low return of remediation projects. It recommends transitioning from purely government-funded models to diversified, mixed-fund structures that leverage social capital and innovative green finance instruments.
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Document type: Report
DEBT TRAP? CHINESE LOANS AND AFRICA’S DEVELOPMENT OPTIONS
The document examines the increase in sovereign debt across Africa, specifically focusing on the role of Chinese financing and the Belt and Road Initiative (BRI). It challenges the notion that China is 'trapping' African nations, noting that African governments actively seek these loans to address an annual infrastructure financing deficit of approximately $93 billion and to compensate for declining commodity prices. However, it highlights significant risks, including the opacity of loan terms, the potential for corruption, and the impact of debt servicing on public spending. The author recommends greater transparency from both China and African governments, and a stronger link between debt-funded projects and concrete local benefits.
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Document type: Policy brief
Financing Soil Remediation
The report explores 17 case studies of financial instruments—including green bonds, social impact bonds, crowdfunding, and viability gap funds—to determine their applicability to soil remediation. It argues that while private capital is attracted to sites with high post-remediation land value capture, projects with lower commercial potential require public de-risking mechanisms, such as subsidies, guarantees, or performance-based returns, to become viable.
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Document type: Report
State Perspectives on Research, Development, and Demonstration
The document argues that the US is losing its leadership in energy storage to countries like China and requires strategic federal RD&D to overcome private sector investment gaps. It identifies critical research priorities—including long-duration storage, systems integration, and cost reduction—and recommends a diverse portfolio of high-risk research, expanded public-private partnerships, and the creation of a federal energy storage roadmap.
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Document type: Policy brief
Innovations for Resilience Convening
The Innovations for Resilience Convening, co-hosted by the Global Resilience Partnership, WFP, UNDP, and 1BC, focused on the role of technology and cross-sector partnerships in building community resilience. The report identifies key barriers to scaling innovations—such as rigid funding cycles and risk aversion—and showcases specific projects including satellite-based credit in the Horn of Africa, drone mapping in the Maldives, and hydroponics in Algeria. It emphasizes the need for 'disruptive change' and a 'fail fast' mindset to move from gradual development improvements to exponential growth in resilience.
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Document type: Report
Green Finance Approaches to Soil Remediation
The report examines seven international examples of soil remediation financing, ranging from federal programs like the US Superfund to private equity funds like Ginkgo Fund I. It identifies that while the 'polluter pays' principle is a common legal baseline, its implementation varies, often requiring public grants or innovative funds to bridge funding gaps. Key findings highlight that urban sites with high redevelopment potential are more likely to attract private investment, whereas rural or highly toxic sites often rely on general fiscal revenue or industry-wide voluntary funds. The report concludes that there is no uniform approach to financing, and the choice of instrument must be fit-for-purpose based on the site's socioeconomic context and revenue potential.
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Document type: Report
SADC REGIONAL DEVELOPMENT FUND OPERATIONALISATION IMMINENT?
The document assesses the operationalisation of the SADC Regional Development Fund (RDF), arguing that while the fund aims to mobilise resources for regional integration and infrastructure, its success is hindered by the poor fiscal positions of member states and a critical lack of bankable projects. The authors highlight a significant financing gap in early-stage project preparation, noting that 69% of SADC PIDA projects remain in early development. The paper suggests that the RDF should prioritise early-stage project support over general project finance and recommends absorbing the existing SADC Project Preparation and Development Facility (PPDF) to leverage existing expertise and reduce setup costs. It also addresses the political dynamics of South Africa's economic dominance and the over-reliance on international cooperating partners (ICPs), proposing capacity-building initiatives to improve project conceptualisation and regulatory harmonisation across borders.
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Document type: Research paper
Public Private Partnerships – Can They Deliver Better Value for Money?
The document examines the systemic failures of public-private partnerships (PPPs), citing the collapse of Carillion in the UK and concerns over the US 'Rebuilding Infrastructure' plan. It argues that PPPs often fail when used primarily to keep debt off public balance sheets, leading to poor project preparation and skewed risk allocation. To improve outcomes, the author suggests moving toward systemic master planning, enhancing public sector negotiation skills, and adopting procurement strategies that prioritize lifecycle value over the lowest bid. The paper emphasizes that for PPPs to support the UN Sustainable Development Goals, they must be designed with transparent, equitable contracts and a focus on sustainable development rather than just financial returns.
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Document type: Research paper
INFRASTRUCTURE FINANCING IN BOTSWANA
The research paper examines infrastructure financing in Botswana, focusing on the role of multilateral development banks (MDBs) like the African Development Bank (AfDB) and the World Bank. It highlights that while MDBs provide competitive financial terms and valuable non-lending services, their processes are often hindered by slow loan approvals and procurement systems that are not fully aligned with national systems. The paper also explores alternative financing sources, such as domestic bonds and public-private partnerships (PPPs), noting that their current uptake is limited, leaving MDBs as a critical source of external funding for Botswana's energy, water, and transport sectors.
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Document type: Research paper
Scaling up Rooftop Solar Power in India: The Potential of Solar Municipal Bonds
The report argues that India's 40 GW rooftop solar target by 2022 requires an estimated USD 39 billion in investment, but growth is hindered by high upfront costs and limited access to debt capital. It proposes a Solar Municipal Bond (SMB) model where municipal entities act as finance aggregators, issuing bonds to provide low-cost, long-term debt to private developers via capital lease arrangements. This model could reduce the levelized cost of electricity (LCOE) for rooftop solar by up to 12%. Case studies in Surat and New Delhi suggest that while the model is promising, significant barriers exist, including a lack of statutory mandates for municipalities to promote power generation and the need for high credit ratings to attract institutional investors.
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Document type: Report
Scaling up Rooftop Solar Power in India: The Potential of Solar Municipal Bonds
The report argues that India's 40 GW rooftop solar target by 2022 requires an estimated USD 39 billion in investment, but growth is hindered by high upfront costs and limited access to debt capital. It proposes a Solar Municipal Bond (SMB) model where municipal entities act as finance aggregators, issuing bonds to provide low-cost, long-term debt to private developers via capital lease arrangements. This model could reduce rooftop solar costs by up to 12%. Case studies in Surat and New Delhi indicate that SMBs could make rooftop solar more competitive against grid tariffs, particularly for commercial and industrial sectors. However, significant barriers exist, including the lack of a statutory mandate for municipalities to promote power generation and SEBI regulations requiring a 20% equity contribution.
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Document type: Report
Infrastructure Banks: Solutions and best practices
The paper analyzes various infrastructure banks, such as the European Investment Bank and the UK's Green Investment Bank, to identify effective financial instruments and operational models. It argues that infrastructure banks should prioritize financially viable, sustainable projects that offer high socioeconomic multipliers while avoiding the crowding out of private capital. Key recommendations include tapping capital markets, providing technical assistance for project preparation, and utilizing risk-sharing instruments to leverage limited public resources.
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Document type: Research paper
THE AFRICAN BORROWING CHARTER
The African Borrowing Charter provides a framework for African states to balance public debt with the need for inclusive growth and public service delivery. It emphasizes transparency, parliamentary oversight, and the establishment of robust legal frameworks to prevent a recurrence of the debt crises seen in the 1970s-1990s. The Charter advocates for the creation of Public Debt Management Offices and the enactment of Fiscal Responsibility Acts to maintain macroeconomic stability and protect future generations from unsustainable debt burdens.
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Document type: Statement
CONTRÔLER LA VALEUR DES EXPORTATIONS DE MINÉRAUX : OPTIONS STRATÉGIQUES POUR LES ÉTATS
The document outlines three strategic options for states to control the value of mineral exports: direct measurement via a state laboratory, auditing company procedures, or a risk-based mixed approach. It details the technical process of export valuation—comprising sampling, preparation, and laboratory analysis—and discusses implementation models such as public-private partnerships and regional laboratories. The guide emphasizes that the choice of strategy should be based on the risk of under-valuation, which is higher for non-commoditized minerals, sales to related parties, and private companies. It also highlights the importance of ISO/IEC 17025 accreditation for legal defensibility and provides case studies from Sierra Leone and Guinea to illustrate the application of these strategies.
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Document type: Guide
Bhopal Introduces India’s First Fully Automated Bicycle Sharing System with Dedicated Lanes
Bhopal launched India's first fully automated public bicycle sharing (PBS) system in June 2017, featuring 500 bicycles, 60 docking stations, and 11 kilometers of segregated bike lanes. Developed with support from WRI India and the Bhopal Municipal Corporation through a public-private partnership, the system aims to integrate with the Bhopal Bus Rapid Transit System to address the 'last-mile problem'. In its first five months, the system registered over 25,000 users, more than half of whom are women. There are plans to expand the dedicated bike lane network to over 50 kilometers.
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Document type: Case study