SOURCE was highlighted by Multilateral Development Bank (MDBs) Infrastructure Cooperation Platform, Reference Note Phase II and by the OECD/IMF Reference Note on the Governance of Quality Infrastructure Investment as part of the G20 Communiqué released on June 10th following the Ministers Meeting in Fukuoka, Japan:
- MDB Infrastructure Cooperation Platform: Project Preparation Workstream, Phase II Reference Note on project preparation across the full project cycle, April 2019
Follow-up to the phase 1 reference note, drafted in 2018 to complement the overarching G20 Principles for the Infrastructure Project Preparation endorsed by the G20 finance ministers in Buenos Aires in November 2018.
“The Phase II reference note recognises that there are many tools and approaches available. These provide valuable contributions that complement MDBs’ offering across the product cycle and we look to enhance and deepen the process of collaboration in the inclusive spirit of the systemic approach advocated by MDB shareholders. An example of this is the SOURCE platform. SOURCE has been designed to provide a standardised yet adaptive framework allowing for the integration and harmonisation of several international tools and standards, for dissemination and data collection purposes. SOURCE already integrates many internationally recognised tools and approaches and we look to enhance and deepen this process. As they further mainstream these tools into normal operations, the MDBs expect a more systemic approach to emerge, while recognising, of course, the inherent uniqueness of each project in its particular market context.” https://www.mof.go.jp/english/international_policy/convention/g20/annex6_2.pdf (see page 2, 3, 4 and 10)
- OECD/IMF Reference Note on the Governance of Quality Infrastructure Investment, G20 Presidency of Japan, Infrastructure Working Group, June 2019
“The multilateral platform SOURCE provides project developers with a means to manage project information and preparation throughout the infrastructure project cycle and helps disseminating related materials” https://www.mof.go.jp/english/international_policy/convention/g20/annex6_5.pdf (See page 9)