SIF is pleased to announce its Memorandum of Understanding (MoU) with APMG on the PPP Certification Program.
The PPP Certification Guide as part of APMG’s PPP Certification Program, helps public officials and their advisors implement efficient and sustainable PPPs. The APMG PPP Certification Programme is an innovative instrument of the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IADB) through its Multilateral Investment Fund, the Islamic Development Bank (IsDB), the Public-Private Infrastructure Advisory Facility (PPIAF) and the World Bank Group (WBG) with a shared vision of enhancing PPP performance globally.
The PPP Certification Guide identifies the underlying principles and good practice elements that are applicable to most circumstances for emerging markets and developing economies, while recognizing local variations.
SOURCE, as the multilateral platform for quality infrastructure, is aligned with the APMG PPP Guide gateway approach on project preparation, facilitating public agencies to take sound decisions and better allocation of resources.
The standardized templates available on SOURCE include the APMG PPP Guide’s best practices across all project preparation stages in tooltips and checklists. While SOURCE is a multilateral platform regularly updated with the latest international best practices, it can be likewise adaptable to local regulatory contexts and connected to existing country-specific IT systems.
By participating in an APMG PPP Certification Program and using SOURCE as a mechanism to prepare sustainable infrastructure projects, public sector officials will obtain the following benefits :
- Increased likelihood of developing and implementing a successful PPP program that delivers the right projects effectively and efficiently, providing Value for Money solutions to social infrastructure needs, and measuring progress on the SDGs and Paris Agreement via the SOURCE platform.
- Facilitated access to international investors on SOURCE following internationally recognized best practices as set out in the PPP Guide, including as well the UK’s Five-Case model, OECD’s PPP principles, IaDB’s Sustainable Infrastructure Framework and the Global Delivery Challenges. This enabling governments to attract private sector participation in their PPP programs, while achieving Value for Money with a positive impact on the society and the environment;
- Reinforced knowledge transfer to public officials and their advisors from a vast pool of international PPP experience, and by sharing lessons-learned amongst organizations using the SOURCE platform.
- Easier access to technical assistance from MDBs and affiliated international organizations via the “PPF Finder” functionality on SOURCE
- Improved quality of project preparation thanks to the “Consistency Checks” functionality and the Global Infrastructure Hub (GIH)’s “PPP Risk Allocation Tool” embedded on SOURCE.
PPP investors, financiers, construction companies, infrastructure operators, as well as advisors and consultants will also benefit from an appropriate understanding of infrastructure requirements in emerging markets via the SOURCE public pipeline once information is published by governments.
APMG’s PPP Certification Program and the SOURCE platform will foster the capability of governments to fill the global infrastructure gap, not only by empowering public officials and their advisors to developefficient and sustainable PPPs, but also by promoting private sector understanding and confidence in PPP programs, especially in developing economies. More information about the APMG PPP Certification Program here : https://ppp-certification.com/advocates