Ques: The Global Infrastructure Facility is a/an
Option 1: ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
Option 2: World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.
Option 3: Collaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment.
Option 4: UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.