The Water-Hydropower-Agriculture Tool for Investments and Financing (WHAT-IF) tool is a computer-based model developed for economic assessment of water infrastructure (e.g. reservoirs, irrigation, water supply, energy production) within the water-energy-food nexus. The key objective of the tool is to maximize economic welfare considering nexus’ trade-offs, such as crop and power markets and trade, as well as exogenous climate change and socio-economic drivers. Therewith, the tool enables to solve synergies and tradeoffs between those sectors and provides the user with nexus-optimized water infrastructure solutions based on the comparison of different scenarios.

Sector(s): Water and Sanitation
Lifecycle Phase(s): Strategic PlanningPublic authorities identify the needs and long-term vision for infrastructure development., FinanceDevelopers decide how to pay for their project.
Type(s) of Tool: Economic / Financial ValuationsAnalyses the economic/financial value and risks related to projects.
Organization: Technical University of Denmark (DTU), Massachusetts Institute of Technology (MIT), COWIfonden

The World Bank Environmental and Social Framework (ESF) sets out the World Bank’s commitment to sustainable development through a Bank Policy and a set of environmental and social standards that enable borrowers to better manage environmental and social risks of projects and to improve development outcomes. The tool offers an assessment of environmental and social risks and impacts of projects throughout the project life cycle in a systematic manner proportionate to the nature and scale of the project and the potential risks and impacts. Since 2018, the framework applies to all World Bank investment project financing.

Sector(s): Tools applicable to all sectors
Lifecycle Phase(s): PrioritizationAuthorities decide which projects to realize and how to allocate resources., Project PlanningGeneral strategy for a project’s delivery is developed., Concept DesignTechnical experts broadly outline the project’s basic characteristics., ProcurementThe provision of goods and services to realize a project are tendered and closed., FinanceDevelopers decide how to pay for their project., Detailed DesignTechnical experts further elaborate the Concept Design., ConstructionThe asset is constructed in line with design, budget and timeline.
Type(s) of Tool: GuidelinesOperationalize sustainability principles, less specific than Benchmarks or Rating Systems.
Organization: The World Bank Group

The Zofnass Economic Process Tool is a self-assessment platform that offers a fast and easy way to achieve preliminary quantification and monetization of sustainability externalities in infrastructure projects based on the Envision™ rating system. The tool provides information on the costs and benefits of (sustainable) infrastructure solutions and their externalities, which can be used to inform the design process of infrastructure projects and promote the implementation of sustainability strategies. Users introduce the values for evaluation themselves, using a comprehensive online form.

Sector(s): Tools applicable to all sectors
Lifecycle Phase(s): Project PlanningGeneral strategy for a project’s delivery is developed., Concept DesignTechnical experts broadly outline the project’s basic characteristics., FinanceDevelopers decide how to pay for their project., Detailed DesignTechnical experts further elaborate the Concept Design., ConstructionThe asset is constructed in line with design, budget and timeline.
Type(s) of Tool: Economic / Financial ValuationsAnalyses the economic/financial value and risks related to projects.
Organization: Zofnass Programm by Harvard University and Institute for Sustainable Infrastructure
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