Infrastructure plays a key role in supporting the recoupling of economic prosperity with social and environmental prosperity. This requires long-term investment in social infrastructure, including education, health and housing, as well as investments into infrastructure that supports a reduction of the environmental footprints. The Covid-19 crisis affects the global economy largely through and within interconnected cities. Indications that a large share of the new poor will be urban reinforces the case for a fair and equitable access to economic opportunities as a global priority supported by sustainable infrastructure investments. This panel will discuss how existing G20 initiatives can be leveraged to support long-term investments into social and sustainable infrastructure. It will propose ways to improve conditions to mobilize public and private financial resources. Planning and governance at local, national and global level will be important to improve competitiveness and resilience in the face of current and future emergencies like climate change or pandemics.
Would you like to receive updates on the Global Solutions Initiative, upcoming events, G20-related developments and the future of multilateralism? Then subscribe here!