A key constraint faced by many Public-Private Partnership (PPP) programs is the lack of adequate and centralized resources to appropriately evaluate and prepare potential PPP projects, which inhibits the ability of PPP projects to raise private investment. Project Development Funds (PDFs) are generally established to address this challenge by providing dedicated and centralized funding for PPP project preparation.
The World Bank Group recently published a primer titled 'Project Development Funds (PDFs) - Supporting Project Preparation to Structure Successful Public-Private Partnerships (PPPs)' to help better understand how to establish and operate PDFs.
The primer complements an existing set of publicly available tools and knowledge products from the World Bank to guide practitioners in developing and implementing successful PPPs. PPP practitioners tackling PPP project preparation challenges will find the primer a useful guide in assessing whether, and, or how a PDF can help.
Key topics covered in the primer include:
- The structure and establishment of PDFs
- How PDFs are funded
- How PDFs support project preparation
- Key PDF operational issues
Download the primer below.
Project Development Funds (PDFs) – Supporting project preparation to structure successful public-private partnerships (PPPs) – A Primer