The African Green Infrastructure Investment Bank (AfGIIB) has announced its model law on Institutional Investor-Public Partnerships (IIPP) initiative (ML-IIPP).
First adapted by the African Unions’ 5 percent institutional infrastructure investment agenda initiative, the ML-IIPP framework will assist emerging and developing countries to derisk and meet their net-zero capital mobilization goals.
The ML-IIPP initiative is a collaboration led by the AfGIIB and its global partner the CFA Asset Owners Council (AoC), in association with global law firm DLA-Piper. The framework initiative aims to help policy makers and global institutional investors mobilize private capital at scale; deploy capital at speed; deepen and green secondary and capital markets; and stimulate and support innovative project developers.
Essentially, it provides a new infrastructure-investment-procurement framework between governments and global institutional investors for green and net-zero in