G20 Development Working Group Submissions
9. "Special measures for
regional integration: identify
MDBs' institutional bottlenecks
that impede investment in cross-
border and regional projects"
(Link to Commitment 4 on MDB
lending practices) (2010 MYAP).
10. "Transparency and
sustainability: work with existing
pilots, develop an initiative to
tangibly improve transparency
in procurement, construction and
infrastructure funding" (2010
MYAP).
11. "Transparency and
sustainability: assess how best
to integrate environmental
safeguards in an effective cost-
efficient manner” (2010 MYAP).
October 2011: An MBD Action Plan
recommends increasing incentives for MDB staff to
engage in PPP transactions and regional projects;
and piloting an African Infrastructure Marketplace
(Sokoni).
2011-12 Leaders' statements welcome
the recommendations and MDBs implementation
progress.
October 2011: The MBD Action Plan
recommends scaling up the Construction Sector
Transparency Initiative (COST).
November 2011: Leaders' declaration
supports more transparency in the construction
sector.
May 2012: A DWG report welcomes
the scaling up of COST, noting in 2012 that G20
members will have secured its implementation with
MDBs on a voluntary basis by the 2012 Summit.
October 2012: An MDB Follow-up Report
indicates that COST needs funding (US$5.5 million
per year).
No specific recommendations appear to
address this in the MIAP or the HLP report.
Action 2. Establish G20 High-Level Panel for Infrastructure Investment
12. "Establish a G20 HLP for
infrastructure investment for one
year until the Cannes Summit"
(with TOR as per Commitments
13-16 below) (2010 MYAP).
Saint Petersburg Accountability Report on G20 Development Commitments
22
13. "Review the MDB
policy framework and make
recommendations for measures
to scale up funding and diversify
sources of finance for infrastructure
needs" (2010 MYAP).
Chapter 2
2011: the Panel is established for one year
under France's G20 presidency.
October 2011: A DWG report stresses the
importance of follow-up on the HLP report, which
may involve HLP members on a voluntary basis.
October 2012: The latest follow-up
report on the implementation of MDB and HLP
recommendations.
October 2011: An HLP report includes
recommendations for improving MDB policy
frameworks: developing PPP documentation
standards based on good practice; enhancing
the policies guiding non-concessional borrowing
towards transformative projects; and making
Implementation of G20 Commitments
on Development
✓ Completed
T: November
2011
Off-track:
Financial
commitments
are needed
to support the
scaling-up of
COST
T: November
2011
Stalled
This has not been
taken forward
T: November
2011
✓ Completed
T: February
2011
✓ Completed
T: November
2011View entire presentation