Scaling-up Financing For Infrastructure In Developing Countries: What Can The G7 Do
Bakary Traoré, , Ibra Wahabou, David Dadakpete Policy Brief
The increasing incidence of disasters and the emergence of other risks are widening protectiongaps, particularly in developing countries where resources and institutions often fall short ofwhat is needed. To soften the burden on governments and households, it is important to findinnovative solutions that will strengthen countries’ resilience and, therefore, narrow associatedprotection gaps. The first step is to evaluate the risks, estimate the protection gaps, and come up with policy solutions. However, the basic requirements for the reliable assessment of risksand gaps are quality data and tools, which are lacking in the majority of developing countries. ThisPolicy Brief aims to address these challenges and requests the G7 to strengthen the mechanismswhich are necessary for evaluating risks and developing appropriate policy responses, and toidentify a core group of key policymakers, private sector players and researchers that will drivethe agenda forward.