The Road to the SDGs
– Leveraging synergies — Complementary skills-set and market knowledge will enable IsDB and APICORP to enhance their respective origination, execution and distribution capacity. ACHIEVEMENTS X The EIF will enable IsDB to: – Complete more project s — Thanks to a significant scaling up of IsDB’s contribution to private sector-focused economic infrastructure financing – Leverage specialised knowledge — Bringing benefits from APICORP’s expertise in the energy sector and building PPP lead arranger capacity within IsDB – Share costs — Mutualising origination, financing and resource mobilisation efforts – Reinforce regional integration — Enhancing market connectivity between the respective MCs of IsDB and APICORP. INVESTMENT – Target size — The intention is to jointly arrange financing for an aggregate amount of US$ 1 billion within a three-year period. – IsDB’s resource mobilisation — Four-times resource mobilisation target for IsDB with US$ 250 million contribution coming from IsDB, US$ 250 million from APICORP and the rest mobilised from external sources of funding, including commercial banks and development finance institutions – Sector and projec t — The EIF will focus on the energy GVC by financing economic infrastructure with an emphasis on the power, water and waste sectors. The involvement of the private sector (local, regional and/ or international) will also be a priority. – Geographical coverage — All IsDB MCs are in scope, with priority given to the 11 OAPEC MCs that are common to IsDB and APICORP. The EIF will also finance projects in non-OAPEC MCs if the projects are sponsored by a company headquartered in an OAPEC MC. D E V E L O P M E N T P R O J E C T C O M P L E T I O N R A T E The EIF will enable IsDB to complete more projects thanks to a 4x scaling up of IsDB's contribution to private sector-focused economic infrastructure financing [ 45 ] T H E R O A D T O T H E S D G s | P R O G R E S S A N D A C H I E V E M E N T S
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