Operationalising the mandate The GIH plans to establish a “Capability Framework”, which will be the key delivery mechanism to achieve its mandate. The Capability Framework will include information on investment readiness, good practice and patterns of need and success. The Capability Framework will consist of three Datasets: –– Investment readiness: the measure of investment fundamentals in markets, such as legal frameworks and access to capital –– Good practice: analysis of the underlying principles that lead to successful financings –– Infrastructure experience/requirement: analysis of which countries have had recent success and which countries require advice The establishment of the Capability Framework and the publishing of its data will then allow the GIH to focus its efforts on achieving its mandate. For example, the GIH considers that the investment readiness measure will ensure that any advice its gives can be targeted to those countries who are most likely to go on to succeed, and that the analysis concerning infrastructure experience/requirement will provide opportunities for knowledge transfer between countries. In tandemwith the Capability Framework, the GIH also intends to establish a “Knowledge Network” – an online information source relating to current financed infrastructure programmes, commissioned research, and materials and documentation that the GIH considers to
represent best industry practice. This will be supported by an “Expert Network” made up of academics and public and private sector professionals, who will work with the GIH to assist with achieving its mandate. Further, in collaboration with the multilateral developments banks, non-governmental organisations, and the public and private sectors, the GIH will also develop a consolidated and publicly available database of global pipeline projects. Other ways in which the GIH will operationalise its mandate include: the commissioning of a global study on the data available in respect of the financing and performance of infrastructure; developing and promoting standard voluntary codes for procuring infrastructure; and acting as a convenor to bring together public and private sector interests. Aims and objectives To realise its mandate, it is imperative that the GIH remains open, transparent and reliable; these were some of the key messages received throughout the course of its extensive consultations (which included consultations with G20 Deputies, the Secretary General of the Organisation for Economic Cooperation and Development (OECD), heads of infrastructure frommultilateral development banks, and numerous senior government representatives). The proponents of the GIH have previously recognised that there are a plethora of bodies, governments and otherwise, developing their own best practices and their own
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