G20 Development Working Group Submissions
3. "Information and needs
assessment: deliver bankable,
growth-supporting regional
connectivity projects, building
on the momentum generated by
existing initiatives and facilities"
(2010 MYAP).
4. "Internal practices: identify
possible improvements in MDB
lending guidelines, internal
policies and practices with a
view to overcoming bottlenecks
that constrain infrastructure
lending, disbursements and the
speed of project implementation"
(2010 MYAP).
5. "Internal practices: assess
the sufficiency of internal
resources for project preparation,
institutional capacity
development and risk mitigation"
(2010 MYAP).
Saint Petersburg Accountability Report on G20 Development Commitments
20
October 2011: MDBs & the HLP agree on
criteria for identifying catalytic regional projects and
select eleven exemplary regional projects.
November 2011: Leaders' statements
highlight 11 infrastructure projects and call on
MDBs to pursue implementation with countries
involved.
May 2012: A DWG report welcomes
progress on all eleven projects.
October 2011: MIAP recommends:
reserving a greater portion of infrastructure
financing funds for project preparation; improving
procurement practices to facilitate collaboration
with the private sector and among MDBs (e.g.
by harmonising their procurement practices and
seeking explicit policy waivers to use the lead
MDB's rules and procedures); and increasing
incentives for MDB staff to engage in PPP
transactions and regional projects.
June 2012: A DWG Progress Report
acknowledges the completion of efforts to
harmonise MDBs' procurement principles for the
public sector and ongoing work on private sector
windows; and encourages MDBs to strengthen local
financial intermediaries and make more efficient
use of capital, e.g. by further developing credit-
enhancement tools and guarantee instruments.
October 2011: MIAP recommends that
MDBs, the OECD expand and strengthen regional
PPP practitioner networks (allocating technical
assistance to platforms and adopting work-plan
strategies) and reviewing the World Bank (WB)-IMF
Debt Sustainability Framework (DSF).
•
May 2012: A DWG report welcomes
progress in relevant areas, including the completed
review of the WB-IMF DSF.
October 2012: An MDB Follow-up Report
assesses ways to reserve greater portion of funds
for project preparation: International Development
Association (IDA)/African Development Fund
(AfDF) replenishments discussions through
prioritization of bilateral infrastructure funding and
through resources and knowledge transfer from
G20 members.
Chapter 2
Implementation of G20 Commitments
on Development
✓ Completed
T: November
2011
On-track:
Analysis has
been carried
forward and
several actions
undertaken,
although more
steps are needed
to ensure actual
shift in practices
(including
expanded use
of appropriate
instruments)
T: June 2011
✓ Completed
T: June 2011View entire presentation