Delivering the Goods : Multi-Donor Approaches to Project Development and Funding

Abstract

In 2000 the UK government, through the Department for International Development (DFID), reached the conclusion that it made sense to use aid financing to help mitigate risks that constrained private-sector investment in badly needed infrastructure development, improvement, and expansion in developing countries. In seeking to develop an approach, DFID decided to bring in as many like-minded donors as possible so as to provide a single interface for both governments and potential private investors for the development and financing of infrastructure projects. As a result, the Private Infrastructure Development Group (PIDG) was launched in 2002. The World Bank Group has been a member since its inception, first through the International Bank for Reconstruction and Development (IBRD) window and, since 2007, through the IFC. Current members are Austria, Ireland, Sweden, Switzerland, The Netherlands, the UK, and the International Finance Corporation (IFC).