New body of knowledge for professionals working on PPPs around the globe
The European Bank for Reconstruction and Development welcomes the new Public-Private Partnerships (PPPs) Certification Programme developed by APMG International, a global examination institute. The certification programme has been developed to establish good practices across the globe for professionals working on PPPs.
Responding to the need to enhance knowledge around PPPs, the APMG PPP Certification Programme is an innovation and a collaboration between the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Islamic Development Bank (IsDB), the Multilateral Investment Fund (MIF) and the World Bank Group (WBG). The programme is part funded by the Public-Private Infrastructure Advisory Facility (PPIAF).
Authored by many of the world’s top PPP experts with contributions from the Multilateral Development Banks (MDBs), the PPP Certification Programme Guide is at the core of the APMG PPP Certification Programme. The PPP Guide is the definitive body of knowledge on PPPs, compiling a range of quality materials on PPP good practices – it can be used to support study for the APMG PPP Certification Programme or as a stand-alone downloadable publication on PPPs.
Thomas Maier, Managing Director for Infrastructure at the EBRD, said: “As a multilateral development bank we finance PPPs directly and mobilise financing from other investors. We also help create a legal environment enabling greater levels of private sector investment in infrastructure. But laws and access to finance are not enough. Our experience shows that institutional capacity to structure, negotiate and implement PPPs is essential. We are pleased to support this very first global PPP certification programme to help professionals deliver more and better projects.”
To date, the EBRD has invested over €3 billion across some 40 PPP projects and has mobilised an additional €6 billion in other commercial financing. Roughly 40 per cent of all EBRD financing in infrastructure projects are under public-private schemes.
As part of APMG PPP Certification Programme, the Foundation level exams are now available for self-study and work is underway to develop the Preparation and Execution level exams. The Foundation exam is aimed to test that candidates have sufficient understanding of the first chapter of the PPP Guide – ensuring they will be able to act as an informed member of a PPP finance project.
Once all three of the APMG PPP Certification Programme levels are available – candidates will have the opportunity to gain the Certified Public-Private Partnerships Professional (CP3P) credential – providing them with global recognition of PPP proficiency.
The APMG PPP Certification Programme and the PPP Guide will benefit PPP practitioners and can improve the quality of PPPs worldwide, while PPP professionals around the world can benefit from this opportunity to access this specialized knowledge and achieve a certification from a globally recognized programme.
By helping to build a sounder knowledge around the management of PPPs as an option for governments to deliver basic infrastructure needs, the programme intends to build capacity and knowledge access of professionals that are or will be working in their countries respective PPP programmes, from government officials or their advisors.
For further information, to download the PPP Guide by chapter, or to begin studying for your Foundation exam please visit: https://www.ppp-certification.com/