A kick-off meeting with Public-Private Infrastructure Advisory Facility (PPIAF) was conducted regarding the program that would increase the institutional capacity of PPP Agency to implement PPP projects that support environmental sustainability and climate resilience
On the 30th of June, a kick-off meeting between the representatives of the PPP Agency and the representatives of the Climate Resilience & Environmental Sustainability Technical Advisory (CREST) of the Public-Private Infrastructure Advisory Facility (PPIAF) took place.
The goal of the meeting was to discuss the potential pilot project, proposed by the CREST team to increase the institutional capacity of PPP Agency for the implementation of PPP projects that would support environmental sustainability and climate resilience. This project will be a part of the program “Building PPP Implementation Capacity in Ukraine”. The program entails support, provided by the Public-Private Infrastructure Advisory Facility to the Government of Ukraine, in the establishment and development of the PPP Agency over the course of two years, including the organization of seminars and workshops to facilitate information exchange and help the representatives of Ukraine deepen their understanding of world’s best practices regarding the selection, preparation and implementation of PPP projects. In general, the program is aimed at facilitating infrastructure development in Ukraine, which will improve the economic performance of the country.
The proposed pilot project will be based on the Aligned Indicators for Sustainability in Infrastructure (AISI). This set of indicators was developed by some of the world’s leading experts in the field of sustainable development. It encompasses criteria that should be taken into consideration when assessing potential sustainable infrastructure projects. Aligned Indicators for Sustainability in Infrastructure can be useful when establishing technical requirements and performance indicators (KPI), assessing commercial viability, environmental feasibility of a project, analysing its social impact (or performing the assessment of social feasibility) and estimating legal feasibility, all of which is conducted in preparation of PPP project implementation (and is required for the Concept Note and the Feasibility Study). These indicators are also useful when designing a PPP contract and preparing other types of documentation.
There are 28 indicators, representing 15 categories. You can learn more about them by downloading a document at the link below:
AISI can be viewed as preliminary benchmarks by investors, project developers, public agencies and other stakeholders. They indicate where the initial focus should be placed to ensure that the project reaches its intended sustainability objectives. At the same time, it is worth noting that this list of indicators is not exhaustive and each individual project may require additional stipulations to achieve sustainability.