Broaden the Scope of Functionalities and Services for New Investment Frameworks Rationale The need to invent and implement carbon-neutral sociotechnical systems as well as the hunt for opportunities in artificial intelligence, automation, and digital technologies are often found to be complementary. This […]
1. The G20 can strengthen regional governance and capacity building for power integration. Enable and enhance the role of regional institutions in energy system interconnection If there is a single lesson for the governance of cross-border power system integration, it is enabling […]
1. Enhancing private sector involvement During many past economic contractions, private sector financing has recovered much more quickly than government budget deficits. Hence, preparing more attractive private financing instruments can effectively promote sustainable infrastructure. If countries rely only on conventional financing concepts, […]
Fixing Sub Saharan Africa’s infrastructure gap could also help reduce the pressures of rising debt Africa has made significant progress in reducing poverty and increasing access to education and health services, but the gap in infrastructure services still looms large throughout the […]
Toward wider and longer-term economic impacts Decision makers should consider other indirect impacts of transport projects. These co-effects are less economic and short-term than the conventional WEIs, but may be of primary interest, especially to civil society, which would like to be […]
Successful and cost-effective implementation of solutions to increase infrastructure resilience requires addressing the vulnerabilities of the infrastructure network’s different components on a holistic basis, that is, considering all potential threats globally. While this policy brief focuses on increasing resilience to natural disasters […]
Creating sustainable infrastructure in the context of 2020 Well-functioning infrastructure is crucial for any economy, but the world remains unable to deliver on the quantity and quality of investment needed. However, building sustainable infrastructure depends on international financial institutions (IFIs) and business […]
To resolve these challenges, we propose the adoption of an open and intelligent PPP marketplace (i3PM) platform by public and private sector stakeholders. The proposed marketplace employs the hybrid of multisided platform economies, artificial intelligence, financial technology, and collective intelligence. These factors […]
1. Increasing private investment in infrastructure projects in developing and emerging markets. Proposed policy actions: Simplify the infrastructure funding process by combining investors and borrowers in an infrastructure investment clearinghouse with UN/World Bank/IMF advisory oversight. Establish a Board of Private Infrastructure Investor […]
While the G20 has long discussed the need for member nations to prepare for the realities of climate change, 2020 has been a wakeup call that not enough is being done. The COVID-19 pandemic’s shock to the real economy serves as a […]
Project financial certainty (defined as the initial project budget allocation that is sufficient for project completion) can be achieved by applying the proposed financial risk analysis techniques from the inception of the project. This will create an effective and efficient allocation of […]
Planned infrastructure development can positively exploit the diversity among countries and sub-regions and narrow development gaps. Several guidelines have been designed to support governments and financial institutions toward meeting the global standards of governance, sustainability, and investment pathways. These include the G20 […]
There are many benefits of deploying integrated systems planning apart from cost savings. For example, improving urban-rural linkages in which waste from the city is recycled into nutrients for use in farms, and land used for growing crops is also used to […]
Given the challenges described above, two policy recommendations are proposed. Policy I Enable a global framework based on a structural assessment of climate change risk in maritime activities to create a sustainability roadmap for the future. Extreme weather events have had significant […]
Background Ongoing global efforts Although numerous regional and global efforts address Africa’s infrastructure gap, including those from G20 countries, more is needed to address sustainable, decarbonized/carbon neutral inflow of private capital to finance an investment push. For example, the Programme for Infrastructure […]
International organizations, MDBs, and governments have designed and developed a variety of tools aimed at improving project pipelines and attracting investment throughout the lifecycle of infrastructure projects. Since the UN published its Addis Ababa Action Agenda in 2015 (UNDESA 2015), the focus […]
1.Quality Infrastructure investment as a response to COVID-19 crisis The COVID-19 outbreak will bring huge budget deficits and declines in infrastructure investment by governments. Existing infrastructure would be facing with shortage of funds to support of their maintenance. Lack of maintenance will […]
1. Revamp the upstream policy and institutional foundation to deliver on sustainable infrastructure The policy and institutional underpinnings for delivering on infrastructure projects are complex, encompassing upstream planning and project prioritization, sound frameworks for procurement and public-private partnerships, institutional capacities and governance, […]
Various solutions can be proposed for more effective implementation of the LBF tool. The first step is a systematic approach and long-term participation Designed solutions from time to time return us to the basic concepts related to investment, taxation and institutional approaches. […]
“Infrastructure planning must be improved at all levels of government to create pipelines of sustainable infrastructure projects aligned with long-term climate and development objectives. Priority actions include: … Make resilience the norm to limit vulnerability to climate damages.” (OECD/TheWorldBank/UN environment, 2018). We […]
1. Innovative Approaches to Augment Public Infrastructure Investments Governments can increase public investment in infrastructure by raising more revenues, reorienting spending, and borrowing prudently. Policy makers must evaluate how much fiscal space is available to increase infrastructure investment under various options for […]
Create a global network of regional and national Centers for Infrastructures Development (hubs) on cross-institutional coordination with the aim of supporting national governments, multilateral institutions, businesses, societies and local communities in the field of cross-border infrastructure development. The network will strengthen multilateral […]
I. Build local resilience to reduce economic impact Disruption from disasters is devastating to local economies. Direct impacts such as loss of life and infrastructure repair can be quantifiable. For example, global insurance group Swiss Re estimated total economic losses from disasters […]