1、 Asset Recycling Handbook Published March 2025 Public Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorized Preface Infrastructure development is crucial for the continued economic growth and prosperity of emerging markets and developed economies(E
2、MDEs).The demand for infrastructure,propelled by population growth and ever-increasing rate of urbanization,has resulted in the need to build,and improve infrastructure in EMDEs.EMDEs are increasingly facing strong headwinds with rising inflation,volatile economic settings,and other recent macro-eco
3、nomic shocks.These factors have adversely impacted their fiscal capacity to fund infrastructure.Furthermore,the climate crisis has propelled countries to invest in mitigating measures to counter the adverse effects of climate change,such as clean energy transition,electric mobility,and climate resil
4、ience measures.The substantial capital investment required means that traditional sources of funding are increasingly stretched and need to be augmented by other funding solutions.Given so,countries are exploring Asset Recycling as a mechanism to unlock capital invested in existing infrastructure as
5、sets and to apply the proceeds to develop new infrastructure assets.To facilitate this,the World Bank Infrastructure Finance Department(IFD)has developed an Asset Recycling Handbook with the support of KPMG in Singapore(Sharad Somani and Rishabh Jain).The Handbook provided a roadmap for Asset Recycl
6、ing,with emphasis on both the monetization of infrastructure assets and the re-investment of the proceeds.The World Banks IFD team led the development of this Handbook;the team constituted Luciana Drummond,Jeff Delmon,and Elena Timusheva.Contents 01 Executive Summary 02 Concept of Asset Recycling 03