This side event will discuss tools and techniques public actors can use to mobilise institutional investment in sustainable infrastructure projects. The session will use the opportunity to present findings from the OECD Progress Update on Approaches to Mobilise Institutional Investment in Sustainable Infrastructure (the paper will be published by then). The side event will include a presentation from the OECD Secretariat, followed by a Davos style panel discussion. The presented OECD working paper builds on the Progress Report to Mobilise Institutional Investment for Green Infrastructure 2016 and discusses the findings from an updated underlying database of sustainable infrastructure projects involving institutional investment and project-level intervention by a public actor. Findings show that renewable energy, and specifically the wind sector, dominate sustainable institutional investments involving public interventions. More than two-thirds of projects in the database receive institutional capital through an intermediary (asset management companies, funds and similar investment vehicles). Unlisted project equity is observed to be the preferred investment instrument. The database records a variety of tools and techniques deployed by public sector actors to mitigate risk and facilitate institutional investment. Almost all observed projects involve at least one risk-mitigating public intervention and nearly half involve more than one. Transaction enablers are used in a quarter of cases and typically are coupled with a risk mitigant.

Presentation