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A new ADB publication looks at the major challenges that Asia must overcome to get more Public-Private Partnerships (PPPs) off the ground and to use them far more effectively than currently. It examines the best way of sharing risk and proposes optimal ways of financing PPPs.

Governments in developing Asia are aware of the need to expand and modernize their infrastructure. But tight fiscal conditions are preventing them from developing infrastructure at anything like the level needed to effectively reduce poverty and confront climate change. At least 400 million Asians live without electricity and 300 million have no access to clean water. For developing Asia to maintain its growth momentum and eradicate poverty, it needs to spend an estimated $1.5 trillion annually.

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