What can the G20 do to foster sustainable infrastructure?

Improving the wellbeing of billions of people globally depends on building more and better infrastructure, including for transportation, for access to energy and sanitation. This infrastructure build-up must be sustainable, as otherwise, it can have detrimental effects on people and the planet by destroying local livelihoods as much as the climate and ecosystems. Estimates are that additional investments of $15 trillion in infrastructure must be mobilized until 2040 to meet sustainable development goals; leaving critical funding gaps for infrastructure projects in the implementation of the Agenda 2030. The implementation of the G20 Quality Infrastructure agenda and the promotion of infrastructure as an asset class are meant to bridge global infrastructure funding gaps and attract private sector investments in support of sustainable infrastructure projects. As these approaches are vividly debated, latest research on managing the spillover effects of infrastructure projects, in particular in emerging economies, might pave the way for less doctrinal and more practical infrastructure policies, improving the connectivity between global and domestic finance, including private equity. The panel will raise and discuss proposals and solutions to promote a recoupling of private and public finance and accelerate the implementation of sustainable infrastructure, as a common issue for the G20 Sherpa Track and Development Working Group, the Finance Track and the Infrastructure Working Group, and relevant G20 Engagement Groups. It will also discuss how sustainable infrastructure investments can help build a way for the Agenda 2030, including in response to the covid19 and other such pandemic risks.

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Keynote

Panel Discussion

Vision Statement

Speakers

Keynote

Haifa Abdulaziz Al Mogrin

Chair, G20 Development Working Group

Panel

Raja Almarzoqi

King AbdulAziz University, Saudi Arabia

Sachin Chaturvedi

RIS, India

Lori Kerr

World Bank

Carlo Secchi

ISPI, Italy

Moderator: Declan Curry

Journalist

Vision Statement

Naoyuki Yoshino

T20 Co-Chair Japan

Policy Recommendations, Policy Briefs and Articles

Policy Briefs on Infrastructure Investment and Financing​

Policy Briefs contain recommendations and visions and cover policy ares that are of interest to G20 policymakers. The majority of the Policy Briefs has been developed by a corresponding T20 Task Force.

T20 Recommendations Report: Infrastructure Investment and Financing

Compiled by Juliane Stein-Zalai (IfW Kiel) and Simon Wolf (Global Solutions Initiative)

Building the Future of Quality Infrastructure

By Asian Development Bank Institute with contributions from Beatriz Nofal

Are Slums More Vulnerable to the COVID-19 Pandemic: Evidence from Mumbai

By Shaonlee Patranabis, Sahil Gandhi, and Vaidehi Tande (Brookings)

Infrastructure for Growth Post COVID-19

By Alberto Belladonna (ISPI) and Alessandro Gili (ISPI)

Making the case for G20 action on urbanization – Global Solutions Journal

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Isabella Alloisio European University Institute

Dear Sirs,
I would like to contribute to the Policy Brief, is it still possible?
I already participated in the sustainable finance debate at one of the last T20.
Best regards,
Isabella Alloisio
Associate Researcher and Director online course on Climate Governance
European University Institute
FSR Energy and Climate
Florence, Italy

Monica Laucas AECOM

Thank you for your contributions. I was wondering what the implications of the Covid-19 induced economic recession ahead of us would be in terms of geopolitics and infrastructure investments. China has played an important role in promoting and delivering sustainable infrastructure investment in Africa in recent years, being one of the largest single donors and pledging over $60 billion dollars in 2018 to infrastructure in the continent. However, the European Union has recently voiced concerns around the possibility of Chinese investments into companies in the region, particularly in sectors that would be hard hit by the economic recession such as… Read more »

Aderemi Kuku National MathematicalCentre, Abuja , Nigeria

Post-coronavirus pandemic, there will have to be deliberate effort to build (and improve upon existing) sustainable infrastructures at National, Regional and International Levels. And G20 must invest in these infrastructures—for research in various areas of science and technology—health, sustainable agriculture and food security, climate change, renewable energy , water and sanitation, transportation, smart cities and villages, etc at all levels. In particular, G20 must invest not only in national infrastructures but collectively in regional and International infrastructures that will promote global socio-economic, science and technological development—especially when such investments are too expensive for national or regional goverments or private sectors… Read more »

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