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Developing Robust Project Pipelines for Low-Carbon Infrastructure

image of Developing Robust Project Pipelines for Low-Carbon Infrastructure

This report aims to provide policy makers with a comprehensive examination of “project pipelines”, a common concept in infrastructure planning and investment discussions, and one which has become a focal point in countries’ efforts to implement their climate commitments. The analysis is structured around some basic but important guiding questions, including: What is meant by project pipelines? How can we characterise them? What concrete approaches and actions can governments and other public institutions take to develop project pipelines and mobilise private finance into these projects? This close look at pipelines suggests that they can only be as robust as the investment-ready and bankable projects that constitute them, as effective as institutions that deliver them, and as ambitious as the objectives to which they are linked. Through a series of case studies, the report highlights that while governments and public institutions are already taking actions to develop robust pipelines in a range of country settings, these pipelines nevertheless need to be strengthened significantly to meet long-term climate mitigation objectives. Good practices pioneered by the countries and actors in the case studies can provide models for governments to adapt and bolster their own efforts.

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Emerging good practice in project pipeline development

This chapter explores approaches taken by governments and public institutions to build robust project pipelines and align infrastructure investment to long-term climate objectives. Chapter 2 identified concrete government actions and effective factors that can facilitate the development of robust project pipelines, namely: leadership, transparent approaches, prioritisation mechanisms, project support, eligibility criteria and dynamic adaptability. These factors will be reviewed in country- or regional-specific examples of emerging project pipeline practices in Colombia, the European Union, the Netherlands, the United Kingdom and Viet Nam. By looking at elements, attributes and important applications of these specific factors, the case studies provide models that other countries can consider using or adapting their own pipeline development programmes. In addition, each case study is accompanied by short examples to illustrate how specific pipeline factors are applied in other country settings and contexts. The first section () provides an overview of the case studies and highlights key messages from the case studies that follow.

English

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