The Group of Twenty (G20) has published a report on PPP development in the G20 countries, prepared jointly by VEB.RF, the Russian Ministry of Finance and the National PPP Development Center.

The initiative to prepare an analytical review of the PPP infrastructure practices currently in use in the G20 countries was proposed by the Russian Federation, as a member of the G20 Infrastructure Working Group. VEB.RF, jointly with the Russian Ministry of Finance and the National PPP Development Center, initiated a survey of the G20 countries about these aspects with the aim of obtaining information on the current status of the G20 infrastructure investment markets and related problems and opportunities.

“According to the survey, 18 countries have national infrastructure funds, 16 countries have special institutions for infrastructure development. And only seven countries have PPP-related special regulation. Views differ radically on private infrastructure initiatives within the G20: from complete aversion to incentives and support. Only three countries use minimum income guarantee mechanisms to provide additional guarantees for private investors,” Deputy Chairperson and Member of the Board Svetlana Yachevskaya said in a comment on the findings of the survey. “On the whole, the G20 countries make extensive use of two payment mechanisms for PPP projects, namely availability payments and user payments. Social infrastructure projects generally use availability payments.”

The purpose of the report is to give the countries a better understanding of potential strategies and approaches for PPP mechanisms under infrastructural projects and encourage the exchange of best practices, Svetlana Yachevskaya said. In addition to the survey’s findings, the analytical report contains recommendations for infrastructure development using PPP mechanisms that are based, inter alia, on international best practices and materials from the World Bank, the IMF and the OECD.

The report describes current management approaches for infrastructure development, including information about the authorities responsible for formulating and implementing national infrastructure policies, regulatory frameworks and tools for support for infrastructural projects (including PPP projects), and approaches currently used by the countries to promote green infrastructure investments and apply digital technology to improve the effectiveness of infrastructure-related policies.

The Group of Twenty (G20) is an informal forum for the world’s largest economies. Collectively, the G20 represent 90% of the gross world product and 80% of world trade. The Group of Twenty was formally established at the September 1999 meeting of the G7 Finance Ministers and Central Bank Governors in Washington. The G20 permanent members are currently 19 countries and the European Union (EU). Apart from Russia, the G20 also includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Saudi Arabia, South Africa, ​the Republic of Korea, Turkey, the United Kingdom and the United States.