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A series of reviews or "gateway" assessments by an independent agency helps ensure proper preparation and implementation of infrastructure projects.
Increasing disaster risks in developing countries call for strategic planning and investments in resilient and low-carbon infrastructure.
To mainstream PPPs in the water sector, implement a holistic governance framework, foster an enabling environment, and incorporate transaction design.
Design a framework that minimizes extra-contractual renegotiations and upholds prudence and transparency.
A sound governance framework, supported by qualitative and quantitative value for money analysis, maximizes benefits from infrastructure investments.
Challenges include creating an enabling environment, national and sectoral planning, multiyear assessment of fiscal risks, and gaps in project preparation.