The Global Infrastructure Facility is a/an
A
ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
B
World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.
Correct Answer
C
Collaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment.
D
UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.
Explanation
Option (B) is correct because the Global Infrastructure Facility (GIF) is a World Bank-led global platform designed to provide technical assistance and advisory services for structuring complex infrastructure projects as Public-Private Partnerships (PPPs) to attract private investment. Option (C) is the most tempting distractor but is incorrect because the GIF is specifically a World Bank initiative rather than a collaboration primarily led by commercial banks or the OECD. The core concept being tested is the identification of major international financial institutions and their specific mechanisms for bridging the global infrastructure financing gap.
International Financial InstitutionsWorld Bank InitiativesGlobal Infrastructure FacilityGIFWorld BankPublic-Private PartnershipsPPPInstitutional Investor Capital