Changing the way infrastructure is developed by leveraging innovation in today’s digital age
SOURCE is a joint global initiative from Multilateral Development Banks (MDBs) and Private-public Partners, in response to the G20, for addressing the global infrastructure gap and advancing the United Nations sustainable development agenda, by delivering on well-prepared projects.
SOURCE is an advanced project preparation solution, which provides support to national and subnational governments and public agencies in improving infrastructure project bankability, quality and delivery, in increasing investment and crowding-in private finance, in strengthening their technical capacities and abilities to manage risks.
SOURCE provides the public sector with an infrastructure project preparation tool, a project selection tool, a project coordination tool, a project funding tool, a project financing tool, a project promotion tool and a project-monitoring tool. Through a standardised template, SOURCE covers the governance, technical, economic, legal, financial, environmental and social dimensions of the project definition. SOURCE encompasses the whole project lifecycle; it is organised in stages, including the preparation, procurement, development and operating phases.
SOURCE is a global learning and collaborative platform; whose organic development relies on the on-going integration of best practices and contributions from the world’s most reputed public and private infrastructure professionals. SOURCE is a secured and flexible online platform, it is available in several languages and adapts to the specific requirements of each government.
SOURCE is jointly developed and funded by MDBs and was initiated in 2010, by the Asian Development Bank (AsDB). Tested by MDBs in 6 pilot countries between 2013 and 2015, SOURCE was officially launched globally on January 27, 2016.
SOURCE’s ultimate goal is to foster the development of sustainable projects that contribute to the implementation of the United Nations 2030 agenda globally and strengthen cooperation among global infrastructure stakeholders – multilateral development banks, development-financing institutions, investors, consultancy firms, contractors and lenders.