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tr6RFW4e
a
Resource
Answer
Written answer
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qLM7zPIq
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Harriett Mary Morison Baldwin
answer text
<p>The UN estimates there is a major financing gap of around $2.5 trillion p.a. for developing countries in delivering the Sustainable Development Goals which will need to be met by the public and private sector. There is no internationally agreed definition of a Public Private Partnership (PPP). However, DFID supports developing countries in many ways to mobilise private finance, including through forms of Public-Private Partnerships. DFID’s approach mobilises much needed private investment in infrastructure and other sectors where private sector activity is limited. This includes projects financed through CDC, the World Bank Group, the regional development banks, and the Private Infrastructure Development Group. In some of these investments the government of the developing country will be the end purchaser of the services. In all our work DFID has a strong emphasis on value for money.</p><p> </p><p>The Public-Private Partnerships that DFID supports play an important role in providing access to services that might otherwise not exist in those countries. In the absence of this type of support, developing country governments would need to raise capital in debt markets to meet the costs of these essential investments.</p><p> </p><p>Details on the range of Public-Private Partnership projects that DFID supports can be found on the following websites: <a href="https://devtracker.dfid.gov.uk/" target="_blank">https://devtracker.dfid.gov.uk/</a>; <a href="http://www.cdcgroup.com/" target="_blank">http://www.cdcgroup.com/</a>; <a href="http://www.worldbank.org/" target="_blank">http://www.worldbank.org/</a>; <a href="https://www.afdb.org/en/" target="_blank">https://www.afdb.org/en/</a>; <a href="https://www.adb.org/" target="_blank">https://www.adb.org/</a>; <a href="https://www.iadb.org/en" target="_blank">https://www.iadb.org/en</a>; <a href="http://www.caribank.org/" target="_blank">http://www.caribank.org/</a>; <a href="http://www.ebrd.com/" target="_blank">http://www.ebrd.com/</a>; <a href="http://www.eib.org/" target="_blank">http://www.eib.org/</a>; <a href="https://www.aiib.org/en/index.html" target="_blank">https://www.aiib.org/en/index.html</a>; <a href="http://www.pidg.org/" target="_blank">http://www.pidg.org/</a> and <a href="http://data.pidg.org/" target="_blank">http://data.pidg.org/</a></p>
answer given date
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Department for International Development
written answer has answering body
Department for International Development
Department for International Development
answering body has written answer
tr6RFW4e
answering body has answer
tr6RFW4e
qLM7zPIq
question has answer
tr6RFW4e
Harriett Mary Morison Baldwin
answering person has answer
tr6RFW4e