Download or read book Infrastructures financ es par des ressources naturelles written by Håvard Halland and published by World Bank Publications. This book was released on 2015-05-06 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Depuis quelques dizaines d’années, les pays en développement riches en ressources naturelles utilisent ces dernières en tant que garanties pour obtenir accès à des sources de financement pour leurs investissements et contourner les obstacles qu’ils rencontrent lorsqu’ils s’efforcent d’obtenir des prêts traditionnels auprès des banques ou des capitaux sur les marchés financiers. Différents modèles de financement sont issus de ces efforts, parmi lesquels le modèle des infrastructures financées par des ressources naturelles (IFR) qui est une variante des modèles de prêts garantis par le pétrole lancés en Afrique par plusieurs banques occidentales. Dans le cadre d’une transaction basée sur le modèle des infrastructures financées par des ressources naturelles (IFR), un prêt contracté pour financer la construction immédiate d’une infrastructure est garanti par la valeur actuelle nette de flux de revenus qui seront générés à l’avenir par l’extraction d’hydrocarbures ou de minerais. Le modèle a été employé dans plusieurs pays africains pour des contrats d’une valeur totale de l’ordre de 30 milliards de dollars, selon des informations publiques. Ce rapport, qui se compose d’une étude préparée par Hunton & Williams LLP, spécialiste du financement de projets à l’échelle mondiale, et de commentaires formulés par six économistes et décideurs de réputation internationale présente une analyse des marchés d’infrastructures financées par des ressources naturelles (IFR) sous l’angle du financement de projets. Il a pour objet de provoquer une réflexion de fond et de servir de base à de nouveaux travaux de recherche sur le rôle du modèle IFR, les risques qu’il pose et les perspectives qu’il offre, sans pour autant prétendre présenter des opinons des contrats IFR qui auraient l’aval de la Banque mondiale. Il est le fruit d’un effort motivé par la conviction que, si les pays doivent continuer de solliciter des transactions IFR ou de recevoir des propositions spontanées, il incombe aux représentants de l’État de pouvoir faire la différence entre de bonnes et de mauvaises opérations, d’évaluer les compromis qui sont inévitables, et d’agir en conséquence. Ce rapport vise à apporter certains éclairages qui permettront de déterminer comment assujettir, dans le cadre de la politique publique, les transactions IFR au même degré d’examen que tout autre instrument que les autorités de pays à faible revenu ou à revenu intermédiaire (tranche inférieure) pourraient souhaiter utiliser pour mobiliser des financements à l’appui du développement.

Download or read book Environmental Finance Financing Water and Environment Infrastructure The Case of Eastern Europe the Caucasus and Central Asia written by OECD and published by OECD Publishing. This book was released on 2006-02-13 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report explains the environmental challenges faced in Eastern Europe, the Caucasus, and Central Asia, and assesses the financial tools and resources available to tackle them.

Download or read book Natural Resource and PPP Infrastructure Projects and Project Finance written by Takao Higuchi and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of the first books that comprehensively explains fundamental theories of natural resource and infrastructure public private partnership (NRI?PPP) projects and project finance. NRI?PPP projects and project finance have been adopted in natural resource development, including oilfield development, mine development, and liquefied natural gas production; manufacturing, such as petrochemistry, which uses crude oil; and infrastructure-related projects such as railways, roads, airports, ports, water supply, waste treatment, communications, and electricity. An important concern during negotiations among the various stakeholders is the lack of congruence between theories underlying NRI?PPP projects and project finance and the particular, real-life business considerations of the subject project and lack of understanding of the key theories. Studies that help us understand NRI?PPP projects and project finance have been developed based on economic theories such as contract theory and the economics of law by several distinguished professors. Until now, however, in financial institutions staff in departments that specialize in project finance have developed an understanding of the theories underlying NRI?PPP projects and project finance primarily through on-the-job training during which business points of view were passed on. Principles and theories regarding NRI?PPP projects and project finance have not been taught through textbooks in these firms. In fact, there are only a few books that explain the fundamental theories for actual project structures or actual project finance. This book attempts to fill that gap by making clear the fundamental theories that exist behind the actual projects and project finance in relation to natural resources and infrastructure. Readers of this book will include not only professionals in various private sectors and banks but also those involved in PPP projects in the public sector.

Download or read book Environmental Finance Intergovernmental Transfers for Environmental Infrastructure Lessons from Armenia the Russian Federation and Ukraine written by OECD and published by OECD Publishing. This book was released on 2006-08-10 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report draws on three detailed case studies and on the experience of OECD countries to provide guidance on how transfers from central budgets to local authorities could be designed to finance environmental infrastructure.

Download or read book Le secteur des industries extractives written by Håvard Halland and published by World Bank Publications. This book was released on 2016-03-03 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Le secteur des industries extractives (IE) occupe une place démesurée dans les économies de nombreux pays en développement. Les économistes et les spécialistes des finances publiques qui y travaillent sont fréquemment confrontés à des problèmes qui requièrent une connaissance approfondie du secteur, de son économie, de sa gouvernance, de ses enjeux stratégiques, et une idée précise de ce que la richesse en ressources naturelles suppose en termes de gestion du budget et des finances publiques. L’ouvrage en trois volumes Points essentiels à l’intention des économistes et des spécialistes des finances publiques, publié dans la série des Études de la Banque mondiale, a pour objet de donner un bref aperçu des problèmes associés aux IE que ces spécialistes sont susceptibles de rencontrer. Ce premier volume, Le secteur des industries extractives, dresse une synthèse des aspects fondamentaux de l’économie des IE, analyse les principales composantes des cadres stratégiques, institutionnels et de gouvernance du secteur, et définit les obligations de financement du secteur public dans ce domaine. Son analyse des aspects économiques des IE couvre l’évaluation des gisements de sous-sol, l’interprétation économique donnée au minerai, et la structure des marchés de l’énergie et des produits minéraux. Il définit les responsabilités des entités publiques compétentes, et présente les caractéristiques des cadres juridique et réglementaire du secteur. Il analyse brièvement ses fonctions essentielles et particulières, ainsi que les structures financières qui soutiennent les mesures de sauvegarde environnementale et sociale, l’investissement des recettes publiques provenant de l’exploitation des ressources pétrolières, gazières ou minières, et la diversification économique à partir des industries extractives. Les auteurs espèrent que les économistes et les spécialistes des finances publiques qui travaillent dans les pays riches en ressources naturelles †“ y compris les décideurs au sein des ministères des finances, des organisations internationales, et autres entités compétentes — jugeront cet ouvrage utile à leur compréhension et à leur analyse du secteur des IE.

Download or read book Environmental Finance Financing Water and Environment Infrastructure written by Organisation for Economic Co-operation and Development and published by OECD. This book was released on 2006-02-23 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eastern European, Caucasus and Central Asian (EECCA) countries are at an environmental crossroad. The current environmental situation is dire and challenges are mounting, but there are also new opportunities. EECCA countries need to set clear priorities and targets to guide both their own action programmes and multi-stakeholder partnerships. Knowledge transfer and institutional development are required to facilitate policy reform, and to tackle strategic and operational bottlenecks, including much needed investments in environmental infrastructure and modern technologies. This report explains the environmental challenges that these transition economies face, and assesses the financial tools and resources available to tackle them. The publication of this report is part of the OECD programme of work with non-member economies, in the context of the Task Force for the Implementation of the Environmental Action Plan for Central and Eastern Europe, the Caucasus and Central Asia (EAP Task Force). It is directly related to a series of projects on environmental finance in transition economies, which was initiated in 1993 and that has focused on EECCA since 1998.

Download or read book Les ressources naturelles un enjeu cl pour l avenir de I Afrique written by James Cust and published by World Bank Publications. This book was released on 2023-12-06 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ce livre se penche sur le rôle des richesses en ressources naturelles dans la transformation économique de l’Afrique et évoque les enjeux de la transition sobre en carbone pour les économies riches en ressources. La richesse en ressources constitue en effet un facteur clé dans la majeure partie des économies subsahariennes, dont le sol recèle un important potentiel inexploité. Les gisements souterrains de métaux, minerais, pétrole et gaz représentent des sources prépondérantes de recettes publiques et de revenus d’exportation, tout en offrant des possibilités de développement dans la plupart des pays du continent. En dépit de réserves conséquentes, la conversion de la richesse du sous-sol en prospérité durable n’a pas été pas couronnée de succès. Depuis la baisse du prix des matières premières constaté en 2014, la croissance des pays d’Afrique riches en ressources est plus lente que le taux de croissance moyen observé dans la région. Il est donc vital pour son avenir économique que le continent africain puisse tirer profit de ses richesses en ressources naturelles et ainsi favoriser sa transformation économique. Alors que le monde s’éloigne des combustibles fossiles conformément aux engagements pris dans le cadre de l’Accord de Paris, les pays africains riches en ressources voient surgir de nouveaux risques et de nouvelles opportunités. Des estimations récentes suggèrent que 80 % des réserves de combustibles fossiles attestées dans le monde doivent rester enfouies pour atteindre les objectifs de Paris; or, une grande partie de ces réserves «échouées» se situent en Afrique. Pour les nombreuses économies africaines qui dépendent de l’extraction et de l’exportation du pétrole, cette problématique des actifs «échoués», et par là -même, de «nations échouées», a des implications considérables. Mais cette transition énergétique va également avoir pour effet d’augmenter la demande en intrants de matières premières indispensables aux technologies des énergies vertes. La transition entre combustibles fossiles et énergies vertes devrait ainsi générer une demande de 3milliards de tonnes de minerais et de métaux nécessaires au déploiement des technologies à énergie solaire, éolienne et géothermique. Une question se pose alors: comment les économies africaines peuvent-elles pleinement saisir ces opportunités tout en gérant les risques inhérents aux combustibles fossiles, dans un contexte où leur demande est vouée à décroître? Les ressources naturelles, un enjeu clé pour l’avenir de l’Afrique aborde ces thèmes et offre aux décideurs politiques des pistes pour gérer les écueils de l’incertitude au cours des années à venir.

Download or read book Innovative Financing Mechanisms for the Water Sector written by Organisation for Economic Co-Operation and Development (OECD) and published by IWA Publishing. This book was released on 2010-03-15 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of OECD Water Policy and Finance Set - Buy all four reports and save over 30% on buying separately! This report examines innovative mechanisms that can help attract new financial resources into water and sanitation services. In particular, it focuses on mobilising market-based repayable financing (such as loans, bonds and equity) as a way of bridging the financial gap to meet the water-related Millennium Development Goals and other crucial sector objectives. The Camdessus and Gurria reports, published seven and four years ago, respectively, formulated a number of recommendations in this area. This report examines the extent to which these recommendations have been implemented. It looks at the rapidly evolving global context and to the ongoing financial and economic crisis, and considers how innovation in financing for the water sector may need to adapt. Further reading: Managing Water for All (2009); Private Sector Participation in Water Infrastructure: OECD Checklist for Public Action (2009); Social Issues in the Provision and Pricing of Water Services (2003); The Price of Water: Trends in OECD Countries (1999); Visit http://www.iwawaterwiki.org/xwiki/bin/view/Articles/UsefulResourcesforDevelopingCountries_0 to access the OECD area on the IWA WaterWiki

Download or read book OECD Studies on Water Innovative Financing Mechanisms for the Water Sector written by OECD and published by OECD Publishing. This book was released on 2010-03-12 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines innovative mechanisms that can help attract new financial resources into water and sanitation services. In particular, it focuses on mobilising market-based repayable financing.

Download or read book Intergovernmental Transfers for Environmental Infrastructure written by Xavier Leflaive and published by OECD. This book was released on 2006 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report draws on three detailed case studies from Armenia, the Russian Federation and Ukraine, and on the experience of OECD countries, to provide guidance on how transfers from central budgets to local authorities could be designed to finance environmental infrastructures in transition economies. The report also investigates mechanisms for transferring financial resources for water services from higher to lower levels of government.

Download or read book Comprehensive Guide to Water and Wastewater Finance and Pricing written by George A. Raftelis and published by CRC Press. This book was released on 1992-12-18 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive Guide to Water and Wastewater Finance and Pricing, Second Edition provides an updated and expanded examination of the principal aspects of financing and pricing for water and wastewater utilities. Organized in two sections, this new edition covers everything from privatization and setting rate structures to long-term and short-term financing. Traditional and innovative financing methods and pricing structures are provided. The guide also shows how to design appropriate pricing structures to ensure equity and self-sufficiency. What's new in the Second Edition? Comprehensive Guide to Water and Wastewater Finance and Pricing, Second Edition has been significantly revised and expanded to address current trends in the industry. The new edition features expanded discussions of state revolving loan funds (SRFs) as a financing method for local governments, the privatization concept and current incentives and disincentives associated with environmental privatization, the impact on public private partnerships of the President's executive order relating to grant funded facilities, and proposed tax legislation that could have a significant impact on environmental infrastructure financing. The new edition provides a detailed example of how a utility would establish revenue requirements and then structure a set of rates to recover these requirements. It also provides a comprehensive chapter on conservation pricing which discusses the background of conservation rates, advantages and disadvantages, and design considerations of conservation rate structures (uniform rates, inverted block rates, seasonal rates, and marginal cost rates). Results from Ernst & Young's 1992 National Water and Wastewater Survey are supplied as well. Comprehensive Guide to Water and Wastewater Finance and Pricing, Second Edition will be an indispensable reference for water and wastewater management, professional engineers, U.S. government officials, state and local government planners, investment bankers, utility entrepreneurs, directors of water and wastewater utilities, finance managers, utility and environmental attorneys, and financial and rate consultants.

Download or read book Investing in Water for a Green Economy written by Mike Young and published by Routledge. This book was released on 2015-03-24 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the context of the economies of the world becoming greener, this book provides a global and interdisciplinary overview of the condition of the world’s water resources and the infrastructure used to manage it. It focuses on current social and economic costs of water provision, needs and opportunities for investment and for improving its management. It describes the large array of water policy challenges facing the world, including the Millennium Development Goals for clean water and sanitation, and shows how these might be met. There is a mixture of global overviews, reviews of specific issues and an array of case studies. It is shown how accelerated investment in water-dependent ecosystems, in water infrastructure and in water management can be expected to expedite the transition to a green economy. The book provides a key source of information for people interested in understanding emerging water issues and approaches that are consistent with a world that takes greater responsibility for the environment.

Download or read book OECD Studies on Water Private Sector Participation in Water Infrastructure OECD Checklist for Public Action written by OECD and published by OECD Publishing. This book was released on 2009-03-16 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a coherent catalogue of policy directions, including appropriate allocation of roles, risks and responsibilities, framework conditions and contractual arrangements necessary to make the best of private sector participation in water infrastructure.

Download or read book Finances municipales written by Catherine D. Farvacque-Vitkovic and published by World Bank Publications. This book was released on 2016-04-25 with total page 911 pages. Available in PDF, EPUB and Kindle. Book excerpt: De Detroit à Lahore, la plupart des villes du monde sont confrontées à des difficultés financières, alors même qu’elles doivent assumer des responsabilités de plus en plus complexes. Le présent ouvrage, Finances municipales : manuel à l’usage des collectivités locales, prend parti — le parti des maires et des gestionnaires municipaux. Rares sont les publications consacrées à cette question qui ciblent de façon aussi directe et pragmatique les responsables de l’action publique et le personnel financier à l’échelon local. Le contenu et les principaux messages de ce manuel ont été conçus de manière à répondre aux questions et préoccupations auxquelles les villes et les municipalités sont quotidiennement confrontées dans le cadre de la gestion de leurs finances. Le manuel Finances municipales prend position. Les auteurs de ses huit chapitres examinent les enseignements observés dans divers domaines : relations entre administrations, finances des métropoles, gestion financière, gestion des recettes, des dépenses et du patrimoine public, financements extérieurs et évaluation de la performance des finances municipales. L’ouvrage traite de sujets allant de la decentralisation à la transparence et à l’obligation de rendre compte. Il explore aussi des domaines moins balisés tels que la gestion du patrimoine, la solvabilité, la réponse aux crises financières. Le manuel Finances municipales appelle a l’ action. En plus de partager avec le lecteur un savoir très pointu sur de nombreux sujets techniques, il guide les autorités locales dans le labyrinthe des instruments existants. L’outil d’auto-évaluation des finances municipales (MFSA), décrit au chapitre 8, devrait tout particulièrement aider les municipalités à évaluer leur situation et à progresser sur la voie des réformes.

Download or read book Water and Cities written by Organisation for Economic Co-Operation and Development (OECD) and published by IWA Publishing. This book was released on 2015-05-15 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on the urban water management challenges facing cities across OECD countries, and explores both national and local policy responses with respect to water-risk exposure, the state of urban infrastructures and dynamics, and institutional and governance architectures. The analyses focus on four mutually dependent dimensions – finance, innovation, urban-rural co-operation and governance – and proposes a solutions-oriented typology based on urban characteristics. The report underlines that sustainable urban water management will depend on collaboration across different tiers of government working together with local initiatives and stakeholders.

Download or read book Haiti written by and published by World Bank Publications. This book was released on 2008-01-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Haiti: Public Expenditure Management and Financial Accountability Review is part of the World Bank Country Study series. These reports are published with the approval of thesubject government to communicate the results of the Bank?s work on the economic and related conditions of member countries to governments and to the development community. This book summarizes the key findings and policy recommendations of a comprehensive diagnosis of a Public Expenditure Management and Financial Accountability Review (PEMFAR). The PEMFAR is an exercise which integrates the analysis of a Public Expenditure.

Download or read book Innovative Water Finance in Africa written by Cush Ngonzo Luwesi and published by Springer Nature. This book was released on 2023-10-28 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water has become increasingly central to addressing multiple development and environmental objectives in the course of climate change. Exploring the multiple dimensions of water governance, policy and management in a holistic way is thus imperative for financial innovations to take place in the water sector. This book constitutes, first of all, a reference document allowing African managers and policymakers to broaden their knowledge of financing strategies and tactics in order to raise funds for water services provision and water resources development. Additionally, the book reviews the agenda on water and sanitation services in order to ensure water resources development has a place in funding structures. The book presents and discusses contemporary instruments of financing water services and water resources development in Africa. In this regard, three major thematic areas are recognized as key: Coverage of the legal and institutional contexts pertaining to water financing innovations; an assessment of economic mechanisms and principles subtending financial innovations in the water sector; and applications of innovative water financing mechanisms based on scale formation and adoption practices. This book highlights the principles of economic profitability and financial sustainability to enable creditworthiness and a snowball effect of borrowing, and will be of interest to researchers, policymakers, and academics, as well as development agencies and financiers of sustainable development and environmental (Blue and Green) economies.