Pooled Finance: Brazil's Opportunity to Finance Subnational Sustainable Infrastructure

2021 ◽  
Author(s):  
Julia Ambrosano ◽  
Leisa Souza ◽  
Barbara Brakarz ◽  
Vanessa Callau

This briefing proposes innovative Pooled Finance Mechanisms to improve the capacity of Brazilian subnational consortiums to implement sustainable infrastructure projects. It provides a legal and financial overview on local subnational consortiums experiences and frameworks. It also analyses international Pooled Finance experiences and provides alternatives for the implementation of innovative financial structures that could leverage the countrys investment capacity in local sustainable infrastructure.

2018 ◽  
Author(s):  
Tomás Serebrisky ◽  
Graham Watkins ◽  
Maria Cecilia Ramirez ◽  
Hendrik Meller ◽  
Rahissa Melo ◽  
...  

Author(s):  
Alaba Adetola ◽  
◽  
Jack Goulding ◽  
Champika Liyanage ◽  
◽  
...  

The public sector has traditionally financed and operated infrastructure projects using resources from taxes and various levies (e.g. fuel taxes, road user charges). However, the rapid increase in human population growth coupled with extended globalisation complexities and associated social/political/economic challenges have placed new demands on the purveyors and operators of infrastructure projects. The importance of delivering quality infrastructure has been underlined by the United Nations declaration of the Millennium Development Goals; as has the provision of ‘adequate’ basic structures and facilities necessary for the well-being of urban populations in developing countries. Thus, in an effort to finance developing countries’ infrastructure needs, most countries have adopted some form of public-private collaboration strategy. This paper critically reviews these collaborative engagement approaches, identifies and highlights 10 critical themes that need to be appropriately captured and aligned to existing business models in order to successfully deliver sustainable infrastructure projects. Research findings show that infrastructure services can be delivered in many ways, and through various routes. For example, a purely public approach can cause problems such as slow and ineffective decision-making, inefficient organisational and institutional augmentation, and lack of competition and inefficiency (collectively known as government failure). On the other hand, adopting a purely private approach can cause problems such as inequalities in the distribution of infrastructure services (known as market failure). Thus, to overcome both government and market failures, a collaborative approach is advocated which incorporates the strengths of both of these polarised positions.


Author(s):  
Kristine Ek ◽  
Alexandre Mathern ◽  
Rasmus Rempling ◽  
Lars Rosén ◽  
Christina Claeson-Jonsson ◽  
...  

<p>The construction of infrastructure projects represents a large sustainability impact, both positive and negative. Increased positive and reduced negative impacts can be achieved through better design and planning of the construction. To make more sustainable choices, well-defined predictive sustainability assessment methods are required. Multi-criteria decision analysis (MCDA) is a well- suited method for predictive sustainability assessment. This paper evaluates two MCDA methods for sustainability assessment of infrastructure construction and exemplifies their application with two case studies. The aim of this paper is to discuss if the methods are suitable for identifying the most sustainable alternative during the procurement process of an infrastructure project. It is recommended that MCDA methods are further developed to comply with the recently published EN standard on sustainability assessment of civil engineering works.</p>


2021 ◽  
Vol 13 (11) ◽  
pp. 6273
Author(s):  
Magnus Hellström ◽  
Kim Wikström ◽  
Kent Eriksson

Sustainability involves multiple environmental, technical, social and economic factors, and such complex analysis requires systemic solutions. Delivery models are key to achieving system benefits and enhancing sustainable development in infrastructure investments. They define the phases of a project, incentive structures, risk sharing and the relationships among the actors in it. They are usually developed early in the project and determine the project dynamics and outcomes. We compared traditional delivery models with systemic ones. We identified and illustrated elements that differ between them through two cases. The contribution is an increased understanding of how systemic infrastructure delivery models can adapt to changes in their environment. We also found that sustainability is vastly under-researched in systemic infrastructure delivery, but that its potential to deliver benefits to PPP infrastructures is substantial.


2021 ◽  
Vol 13 (17) ◽  
pp. 9605
Author(s):  
Laura Treviño-Lozano

Public procurement involves a process through which the public sector buys goods, services and works from private suppliers to accomplish its functions, including road infrastructure projects. Sustainability, both within the procurement process and the infrastructure outcome, comprises economic, environmental and social dimensions. Sustainable Public Procurement (SPP) is acknowledged as a core dimension of sustainable development goal 12 (SDG12) on sustainable consumption by States and production by businesses, and as a State-business nexus within Pilar I of the UN Guiding Principles on Business and Human Rights (UNGPs). Clearly, SPP delivering sustainable infrastructure involves broad positive effects and benefits for involved stakeholders and leveraging power over business suppliers to include social sustainable criteria within the procurement process is in the State’s hands. However, SPP has been little implemented in developing States such as Mexico resulting in unsustainable infrastructure outcomes. This article explores, through two case studies, the barriers of socially sustainable public procurement of road infrastructure developed by businesses contracted by the State in Mexico. By identifying such barriers, the Mexican State could be able to implement measures to tackle them and deliver on social sustainable infrastructure aligned with its commitments on sustainable development goals and its international obligations on human rights.


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