Page 70 - A U4SSC deliverable - Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects
P. 70
Annex I: 10 Principles of People-First PPPs
Principle 1: Build the people-first transformative agenda into infrastructure strategies, ensuring
that people’s needs are listened to.
Principle 2: Deliver more, improved and simpler people-first projects, by joining up government
and other stakeholders, and allowing cities and other local levels to develop projects themselves.
Principle 3: Increase officials’ skills in delivering people-first projects, particularly in ensuring that
governments know how to better empower women as part of projects, and encouraging the private
sector to contribute to the necessary transfer of skills.
Principle 4: Create inclusive policy and legal frameworks that allow for active engagement by
communities, and that take a zero-tolerance approach to corruption.
Principle 5: Disclose more information about projects to society, especially around the commitments
made to various partners in the project.
Principle 6: De-risk projects, by providing greater predictability in the enabling environment.
Principle 7: Clearly set out the project’s criteria for selecting people-first projects that promote
“value for people”.
Principle 8: Make environmental sustainability a key component of evaluating, awarding and
implementing people-first PPP projects.
Principle 9: Use blended financing to encourage private partners to invest in people-first projects.
Principle 10: Avoid debt traps, by ensuring the fiscal sustainability of people-first projects and the
transparency of fiscal policies.
52 U4SSC: Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects