SIF

SIF, a not-for-profit Swiss foundation headquartered in Geneva, coordinates the provision of SOURCE. SIF is mandated by MDBs, who are members of SIF’s Advisory Board, to:
•  Manage the development of SOURCE
•  Provide capacity building to SOURCE users
•  Conduct the adoption of SOURCE by governments, public agencies and international organisations

SIF Council President

SIF-Council President-Rana Ghorayeb-2017

Rana Ghorayeb

President

Sustainable Infrastructure Foundation Council

The Council of the Sustainable Infrastructure Foundation (SIF) met in Geneva on July 18, 2017 and announced the appointment of Ms. Rana Ghorayeb, as its new President, effective from July 3, 2017.

Ms. Ghorayeb is Senior vice-president, Investment, Infrastructure, at la Caisse de dépôt et placement du Québec (CDPQ). In her role, she is responsible for deploying capital in this asset class, and overseeing the Acquisition and Asset Management teams.

Ms. Ghorayeb has nearly 20 years of experience in global investment and before joining CDPQ, she held the position of President at Aquilae Capital Inc. in Montréal, was Vice-President at J.P. Morgan Asset Management in London and an Associate at TIAA-CREF in New York, and at TEQ and Tridome Construction in Montréal.

Ms. Ghorayeb has a Master of Science in Finance from New York University and she earned both her Master of Engineering in Construction Management and Bachelor of Arts in Urban Planning from Concordia University. She is a board member of the Concordia University Faculty of Engineering and Computer Science.

While accepting the appointment, Ms. Ghorayeb said, “The G20 has recently reiterated the importance of achieving sustainable infrastructure to meet the Sustainable Development Goals by 2030. SOURCE will play an increasingly strategic role in developing high-quality infrastructure, as stated by the MDBs and IFIs who attended the last edition of SIF’s Annual Meeting, hosted by the World Bank Group in Washington D.C., in April.”

“Among my priorities in consolidating the development of SOURCE, I will look at ways to make the projects attractive from a long-term investor perspective, and to foster private sector contributions to the platform. Indeed, the increase in use of SOURCE by companies will be key to making governments understand further the benefits that can be realised through well-prepared projects,” added Ms. Ghorayeb.

SOURCE Council

The SOURCE Council is composed of Multilateral Development Banks (MDBs) that have made full annual institutional membership contributions and areworking to integrate SOURCE into their operations. The SOURCE Council effectively approves the annual and strategic direction of SOURCE, including the oversight of SIF’s activities related to the development and promotion of SOURCE.
SIF Management Team

CEO

 

Christophe Dossarps

CEO

Sustainable Infrastructure Foundation (SIF)

 

Since 2014, as CEO of the Sustainable Infrastructure Foundation (SIF), Christophe Dossarps has conducted the development and implementation of SOURCE in collaboration with the relevant partners and stakeholders involved in the process – multilateral development banks, development-financing institutions, international organisations, companies and long-term investors.

Prior to assuming the SIF leadership, in 2010, Christophe Dossarps joined the Asian Development Bank (ADB) to support the development of the National Infrastructure Information System (NIIS), the platform that presided over the creation of SOURCE. Before that, Christophe Dossarps worked for the UN Development Programme (UNDP) based in Geneva and headed the business development for the Regions of Climate Action (R20) initiative. His assignment with R20 included cooperating with ADB’s urban sector team and helping deliver better-prepared urban infrastructure projects.

Christophe Dossarps is a graduate from John Molson School of Business at Concordia University, Montreal, Quebec.

 

Pierre Sarrat

Chief Operating Officer

Thomas Vuillet

Chief Information Officer

Cédric van Riel

Manager International Training Program

Stephane Racine

Senior Advisor

Nicolas Grim

SOURCE Developer

Advisory Board

SIF’s Advisory Board comprises the Multilateral Development Banks who are jointly funding the development of SOURCE and providing SIF with their strategic guidance in supporting the progressive adoption of SOURCE by governments, public agencies and relevant international organisations.

Current members of the SIF Advisory Board include the members of the SOURCE Council and the following institutions:

African Development Bank Group (AfDB)

The African Development Bank Group (AfDB) is one of the five major multilateral development banks in the world that provides assistance to its regional member countries with a view to help reduce poverty, improve living conditions for Africans and mobilise resources for the continent’s economic and social development. It comprises three entities: the African Development Bank (ADB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Its shareholders comprise of 54 African countries & 27 non-African countries. The AfDB headquarters is officially in Abidjan, Côte d’Ivoire.

The AfDB has made significant contributions to infrastructure development in Africa, and tens of millions of Africans are now better off, thanks to the Bank’s investments in transport, energy and water. The AfDB intends to scale up infrastructure financing in the continent significantly – not just through its own lending but by leveraging its financial resources.

Asian Development Bank (AsDB)

The Asian Development Bank (AsDB) was conceived in the early 1960s as a financial institution that aimed for an Asia and Pacific free from poverty. Its mission is to help developing member countries reduce poverty and improve the quality of life of their people. ADB, composed of 67 members, 48 of which are from the Asia and Pacific region is in partnership with member governments (who are also shareholders), independent specialists and other financial institutions.

ADB provides loans, grants and technical assistance to its developing member countries, to the private sector and through public-private partnerships to support the building and maintenance of infrastructure. The majority of the finance is in water, energy, transport, urban development, and information and communications technology. ADB is scaling up its operations by 50 per cent from USD 14 billion in 2014 to more than USD 20 billion in 2020, with 70 per cent of this amount going towards infrastructure.

Brazilian Development Bank (BNDES)

Brazilian Development Bank (BNDES)The Brazilian Development Bank (BNDES) is the main financing agent for development in Brazil. Since its foundation, in 1952, the BNDES has played a fundamental role in stimulating the expansion of industry and infrastructure in the country. The BNDES has two integral subsidiaries: FINAME and BNDESPAR. Together, the three companies comprise the BNDES System.

BNDES’s support for solutions to infrastructure problems is of major importance, as this is fundamental to improving the well-being of the Brazilian population. Consequently, it is possible that all citizens gain access to basic services, such as electricity, communications, urban public transport and sanitation. At the same time, the expansion of infrastructure fosters a drop-in cost, an increase in productivity, improvement in the quality of goods and services within the production structure, and consolidation of regional integration.

Development Bank of Latin America (CAF)

The Development Bank of Latin America (CAF) is a development bank created in 1970, owned by Development Bank of Latin America (CAF)19 countries, of which 17 are from Latin America and the Caribbean, the remaining two being, Spain and Portugal – as well as 13 private banks in the region.CAF is headquartered in Caracas, Venezuela and provides sustainable development and regional integration through an efficient mobilisation of resources for a timely provision of multiple financial services, with high value added, to clients in the public and private sectors of the shareholder countries.

CAF promotes the growth of the region’s infrastructure networks through the generation of knowledge and investment in road, logistics and urban transport infrastructure that contributes to economic development and improvement of safety, accessibility, integration, inclusion, connectivity and competitiveness of Latin American countries.

Development Bank of South Africa (DBSA)

Development Bank of South Africa (DBSA)The Development Bank of South Africa (DBSA) was established in 1983 and in 1997 it was reconstituted in terms of the Development Bank of Southern Africa Act, as a development finance institution (DFI). Its primary purpose is to promote economic development and growth, human resource development and institutional capacity building by mobilising financial and other resources from the national and international private and public sectors for sustainable development projects and programmes in South Africa and the wider African continent.

The DBSA seeks to play a pivotal role in delivering developmental infrastructure in the region. It supports the South African government in leveraging skills and capabilities to accelerate the implementation of infrastructure programmes in the key priority sectors of education, health and housing, as well as various municipal infrastructure programmes.

European Bank for Reconstruction & Development (EBRD)

The European Bank for Reconstruction & Development (EBRD) is owned by 66 countries from five European Bank for Reconstruction & Development (EBRD)continents, as well as the European Union and the European Investment Bank. EBRD fosters transition to market economies in countries from central andeastern Europe to central Asia and the southern and eastern Mediterranean. Since EBRD’s establishment in 1991 they have invested over euro 110 billion in 4,500 projects, helping businesses flourish. Their tailored solutions share a consistent goal of fostering the transition to market economies, whilst promoting innovation, growth and transparency.

The EBRD’s work in the infrastructure sector takes place in the fields of municipal infrastructure and transport. The EBRD’s Infrastructure Business Group (IBG) signs some 65 projects per year for around euro 2 billion, across a diverse range of subsectors, including rail, roads, urban transport, water/ wastewater, ports, logistics, airports, district heating and cooling, facilities management, and solid waste management.

Inter-American Development Bank (IaDB)

With a history dating back to 1959, the Inter-American Development Bank (IaDB) is a leading Inter-American Development Bank (IaDB)source of development financing for Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, IaDB helps improve health and education, and advance infrastructure. IaDB’s aim is to achieve development in a sustainable, climate-friendly way.

IaDB seeks to promote economic development and quality of life of the citizens of Latin America and the Caribbean through transportation and infrastructure activities in an efficient, affordable, sustainable and safe way. IaDB work’s with both the public and private sector to improve transport infrastructure and direct efforts towards integration. IaDB encourages countries to harmonise policies, share knowledge and create shared infrastructure that attract productive investment and that equip the region to participate in global value chains.

Islamic Development Bank (IsDB)

The Islamic Development Bank (IsDB) is an international Islamic financial institution, with the purpose Islamic Development Bank (IsDB)to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with the principles of Shari’ah i.e., Islamic Law. The present membership of the Bank consists of 57 countries.

To fulfil its three major strategic objectives that is, promotion of Islamic financial industry and institutions, poverty alleviation and promotion of cooperation among member countries; the IsDB Group focuses on the following six priority areas: Human development, Agricultural development and food security, Infrastructure development, Intra-trade among member countries, Private sector development, Research and development (R&D) in Islamic economics, banking and finance.

Public – Private Infrastructure Advisory Facility (PPIAF)

The Public – Private Infrastructure Advisory Facility (PPIAF) is a multi-donor technical assistance Public – Private Infrastructure Advisory Facility (PPIAF)facility that is financed by 11 multilateral and bilateral donors. Established in 1999 as a joint initiative of the governments of Japan and the United Kingdom, working closely with and housed inside the World Bank Group, PPIAF is a catalyst for increasing private sector participation in emerging markets.

PPIAF works to enable the public sector to attract private sector participation and investment in infrastructure and provides technical assistance and knowledge grants to governments to support the creation of a sound enabling environment for the provision of infrastructure services by the private sector. PPIAF looks to establish mechanisms and frameworks that can improve the flow of both domestic and foreign capital into infrastructure in a sustainable manner.

World Bank Group (WBG)

Founded in 1944, the International Bank for Reconstruction and Development – soon called the World Bank Group (WBG)World Bank – is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. The World Bank operates day-to-day under the leadership and direction of the president, management and senior staff, and the vice presidents in charge of Global Practices, Cross-Cutting Solutions Areas, regions, and functions.

The World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Some of the projects are co-financed with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors.

Strategic Committee

SIF’s Strategic Committee membership is by-invitation only and subject to renewal on an annual basis. Current members are:

Autodesk

Autodesk, Inc., is a leader in 3D design, engineering and entertainment software. Since its introduction of AutoCAD software in 1982, Autodesk continues to develop the broadest portfolio of 3D software for global markets. Customers across the manufacturing, architecture, building, construction, and media and entertainment industries—including the last 19 Academy Award winners for Best Visual Effects—use Autodesk software to design, visualize, and simulate their ideas before they’re ever built or created. From blockbuster visual effects and buildings that create their own energy, to electric cars and the batteries that power them, the work of their 3D software customers is everywhere you look.

Bouygues Construction

Bouygues Construction is a global player in construction, with operations in more than 80 countries. It designs, builds and operates projects in the sectors of building, infrastructure and industry.

As a responsible and committed leader in sustainable construction, Bouygues Construction sees innovation as its primary source of added value: this “shared innovation” benefits its customers at the same time as improving its productivity and the working conditions of its 47,350 employees. In 2017, Bouygues Construction generated sales of €11.7 billion

Caisse de dépôt et placement du Québec (CDPQ)

Caisse de dépôt et placement du Québec (CDPQ) manages funds for all Quebecers who contribute to major public and parapublic pension and insurance plans. CDPQ is a world leader in infrastructure investments, with over 15 years of experience. CDPQ makes direct investments in companies involved in various types of infrastructure in the developed markets as well as in targeted growth markets. Through their subsidiary CDPQ Infra, they also act as a developer in certain infrastructure projects by providing integrated management of the planning, financing, construction and operating phases.

Confederation of International Contractors’ Associations (CICA)

The Confederation of International Contractors’ Associations (CICA) was established in 1974. It is a non-profit, voluntary and global association, which represents a wide variety of organisations, institutions and companies from the Construction Industry. The worldwide construction industry, involving contractors of all sizes, represents a global turnover of about USD 7 trillion and employs around 120 million people. The mission of CICA is to serve, promote and enhance the image of the construction industry across the world.

International Chamber of Commerce (ICC)

With a global network of over 6 million members in more than 100 countries, ICC work to promote international trade, responsible business conduct and a global approach to regulation through their unique mix of advocacy and standard setting activities – together with market leading dispute resolution services.

ICC represent business interests at the highest levels of intergovernmental decision-making, whether at the World Trade Organization, the United Nations or the G20 ensuring the voice of business is heard. It is this capacity to bridge the public and private sectors that sets them apart as a unique organization, responding to the needs of any player involved in international commerce.

KPMG

KPMG’s Global Infrastructure network helps public and private sector organizations involved in infrastructure to deliver the outcomes they are seeking, as efficiently as effectively as possible. With a worldwide network of around 173,000 employees in 155 countries and a broad base across a range of specialist areas and sectors, KPMG provides interdisciplinary advisory services from a single source. This leads to synergies and relieves the pressure on client budgets.

Mott MacDonald

Mott MacDonald is a global engineering, management and development consultancy providing technical and commercial due diligence services for sponsors, lenders and investors. Mott MacDonald assess the risk of their intended actions and advise on appropriate mitigation measures to enable them to carry out their actions in an informed manner. Mott MacDonald undertakes due diligence on projects with standardised PFI/PPP contracts, as well as those with bespoke private finance contracts. They have a strong track record in new cutting-edge forms of procurement.

Pinsent Masons

Pinsent Masons is an international law firm with a reputation for delivering high-quality legal advice rooted in its deep understanding of the sectors and geographies in which their clients operate. With over 1,500 lawyers operating from 22 locations throughout the UK, Europe, Asia Pacific, the Middle East and Africa, they advise on complex multi-jurisdictional matters across a full range of legal disciplines. The firm has significant international credentials in the global energy, infrastructure, financial services, real estate and advanced manufacturing and technology sectors.

Vinci Group

As a private partner for public benefit, VINCI Group operates in the rapidly expanding global PPP market and makes a long-term commitment to all phases of their partners’ transport infrastructure and public facility projects on design, financing, programme, management, operation and maintenance. VINCI Group operates primarily in the fields of motorway and road infrastructure with VINCI Highways, Airports with VINCI Airports, Railways with VINCI Railways, and other public facilities such as automated dams and public lighting.

Public Sector Committee

Chile

France

Germany

Indonesia

Italy

Netherlands

Nigeria

Peru

Philippines

Spain

Supporting Partners

SOURCE benefits from the instrumental inputs from a large range of infrastructure specialists, including:

Aecon

Aecon Group Inc. is a Canadian leader in construction and infrastructure development providing integrated turnkey services to private and public-sector clients. Aecon is an industry leader in some of Canada’s strongest growth sectors – transportation, resources, power, as well as social, manufacturing and urban infrastructure. With over a century of experience and an ability to offer diverse, comprehensive infrastructure services, Aecon has earned the position of preferred contractor to numerous public entities and Public-Private Partnerships across the country.

Allianz Global Investors

Allianz Global Investors is one of the world’s leading active investment managers, who works for many clients around the world – from pension funds, large and small, to blue-chip multinationals, from charitable foundations to families, individuals and their advisers. Allianz Global Investors have created a business that enables to meet the demands of their clients on a local basis and that empowers their investment managers to focus on achieving strong and consistent investment results.

Atkins

Atkins is one of the world’s most respected design, engineering and project management consultancies. Atkins offers full-service capabilities on site engineering activities and, as a result, projects are managed effectively and efficiently. Their services include land, environmental, and right-of-way surveys; master drainage planning and design; master utilities planning and design; detailed site plans; regulatory approvals and permits; mitigation plans; vehicular, bicycle, and pedestrian pavement design; cost estimating; scheduling; and construction phase services.

Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. It operates through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. The Bechtel company and culture are built on more than a century of leadership and a relentless adherence to their values, the core of which are safety, quality, ethics, and integrity.

BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries with nearly 32 million individual customers and 850,000 professionals, entrepreneurs, small and medium-sized enterprises and large corporate clients in its retail-banking networks. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection.

Bombardier Transportation

As the world’s leading manufacturer of both planes and trains, Bombardier has built an extensive and diverse portfolio of winning mobility solutions. With 60 production and engineering sites in 28 countries, Bombardier Transportation is a global leader in the rail industry. Bombardier’s 37,000 employees continue a proud tradition of delivering ingenious rail transportation solutions including rail vehicles, propulsion and controls, bogies, Operation & Maintenance services, transportation systems and rail control solutions.

Capgemini

Capgemini is a global leader in consulting, technology and outsourcing services. It has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore ®, its worldwide delivery model. They offer an array of integrated services that combine top-of-the-range technology with deep sector expertise. The Group has a presence in six sectors: Consumer Products, Retail & Distribution, Energy, Utilities & Chemicals, Financial Services, Public Sector, Manufacturing, Automotive and Life Sciences, Telecommunications and Media & Entertainment.

Eiffage

Eiffage’s business activities are focused on the construction industry, real estate development, civil engineering, metallic construction, road construction, energy and concessions. Eiffage’s culture of constant innovation, commitment and expertise is reflected in the quality of the 100,000 projects carried out every year, all over the world. In a constantly-changing world and facing new challenges in the field of sustainable development, Eiffage stands out as an ecologically and socially responsible partner. It innovates to build a sustainable future.

Environmental Resources Management (ERM)

Environmental Resources Management (ERM) is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. They have more than 160 offices in over 40 countries and territories employing more than 4,500 people who work on projects around the world. ERM’s core services are designed to meet the broad range of our clients’ changing needs. The key sectors they serve include Oil & Gas, Mining, Power, and Manufacturing, Chemical and Pharmaceutical.

Ferrovial

Ferrovial is one of the world’s leading infrastructure operators and municipal services companies, committed to developing sustainable solutions. It is a member of Spain’s blue-chip IBEX 35 index and is also included in prestigious sustainability indices such as the Dow Jones Sustainability Index and FTSE4Good. The company’s activity is carried out through four business lines: Urban and environmental services, toll roads, construction and airport investment and operation.

Global Green Growth Institute (GGGI)

The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organisation dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. Established in 2012, at the Rio+20 United Nations Conference on Sustainable Development, GGGI develops and delivers its global products and services in partnership with government bodies, international organisations, academic institutions and the private sector.

Harith Partners

Harith General Partners is the leading Pan-African fund manager for infrastructure development across the continent. Harith manages Africa’s first and only 15-year USD 630 million infrastructure fund, the Pan African Infrastructure Development Fund (PAIDF) 1. The funds are invested in a number of major projects in diversified sectors such as energy, transport, information and telecommunications, and water and sanitation.

International Federation of Consulting Engineers (FIDIC)

Founded in 1913, the International Federation of Consulting Engineers (FIDIC) is charged with promoting and implementing the consulting engineering industry’s strategic goals on behalf of its Member Associations and to disseminate information and resources of interest to its members. Today, FIDIC membership covers 97 countries of the world. FIDIC organises the annual FIDIC International Infrastructure Conference and an extensive programme of seminars, capacity building workshops and training courses.

International Monetary Fund (IMF)

The International Monetary Fund (IMF) is an organisation of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF’s fundamental mission is to ensure the stability of the international monetary system. It does so in three ways: keeping track of the global economy and the economies of member countries; lending to countries with balance of payments difficulties; and giving practical help to members.

Marsh

Marsh is a global leader in insurance broking and innovative risk management solutions. Marsh works with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. They offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance programme management services.

PricewaterhouseCoopers (PwC)

PricewaterhouseCoopers (PwC) focuses on audit and assurance, tax and consulting services. With offices in 157 countries and more than 223,000 people, PwC is among the leading professional services networks in the world. PWC helps organisations and individuals create the value they’re looking for, by delivering quality in assurance, tax and advisory services.

Sumitomo Mitsui Banking Corporation (SMBC)

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies are one of Japan’s leading banks and the core unit of Sumitomo Mitsui Financial Group, they offer a broad range of financial services centred on banking. SMBC engages in deposit taking, lending, securities brokering and trading, securities investment, money transfer, foreign currency exchange, corporate bond trustee services and custody services, financial futures underwriting, investment trust sales and other commercial banking activities.

The Organisation for Economic Co-operation and Development (OECD)

The mission of the Organisation for Economic Co-operation and Development (OECD) is to promote policies that will improve the economic and social well-being of people around the world. OECD works with governments to understand what drives economic, social and environmental change. They measure productivity and global flows of trade and investment. The common thread of their work is a shared commitment to market economies backed by democratic institutions and focused on the wellbeing of all citizens.

Veolia Environnement

Veolia group is the global leader in optimised resource management. With over 163,000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

World Economic Forum (WEF)

The World Economic Forum (WEF) engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. WEF was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.

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