A global open platform that facilitates the management of complex infrastructure public-private partnerships to enable mobilization of private sector and institutional investor capital.
Funded in April 2015, the Global Infrastructure Facility (GIF) is a partnership among governments, multilateral development banks, private sector investors and financiers designed to provide a new way to collaborate on preparing, structuring and implementing complex projects that no single institution could handle on its own.
The project support provided by the GIF draws on technical and advisory partners that ensure that well-structured and bankable infrastructure projects are brought to market in a sustainable and effective way. This approach has won support from private investors, donors, and governments from emerging markets and developing economies.
Structure
The GIF partners belong to one or more of the following categories:
- funding partners providing financial contributions to the GIF partnership.
- technical partners: multilateral development banks who lead project support activities and bring their experience in supporting infrastructure investment.
- advisory partners: private investors or entities that represent the private sector infrastructure finance.
A Governing Council oversees the GIF partnership, supervising strategic programming and funds management and the development of operational policies and procedures.
An Advisory Council, comprising all GIF partners and co-chaired by the managing director and chief financial officer of the World Bank Group together with an advisory partner, provides a forum for discussion on the latest developments in infrastructure finance, to share knowledge and experience, and inform the design of GIF interventions. The GIF is administered by a Management Unit, housed at the World Bank Group.
Activities
The GIF supports Governments in bringing infrastructure projects to market. GIF’s project support can cover design, preparation, structuring and transaction implementation activities.
