This week, the G20 Heads of State and Government Summit was held in Bali, Indonesia. The Summit had the world’s attention, as we looked to G20 Leaders to tackle the multiple challenges of the war in Ukraine, increasing inflation and the global economic slowdown, and climate change.
The Global Infrastructure Hub (GI Hub) welcomes the G20 Osaka Leaders’ Declaration that was released over the weekend and endorsed the Principles for Quality Infrastructure Investment as the G20’s common strategic direction and high aspiration.
Government officials from the Philippines visited the GI Hub today in Sydney to hear about the Hub’s work, and to discuss Public-Private Partnerships (PPPs) and the role they can play in delivering infrastructure.
Last month, Jane Jamieson, the Program Manager for the Quality Infrastructure Investment (QII) Partnership and the Public Private Infrastructure Advisory Facility (PPIAF), along with Khafi Weekes, Climate Infrastructure Specialist at PPIAF, and Helen Gall, Monitoring and Evaluation ETC at QII, participated in the Understanding Risk Global Forum in Himeji, Japan.
Initiated in 2010, this year’s Forum was the largest yet, attracting over 1,700 Disaster Risk Management (DRM) and Climate Change Adaptation (CCA) experts and practitioners from across the globe.
PPIAF and QII had a strong showing at the Forum, participating in five events, including three plenaries and two workshops.
A Spanish-language guide to help developing countries assess infrastructure investment risk for Public-Private Partnership (PPP) transport sector projects is now available through the Global Infrastructure Hub’s website.
Chris Heathcote, Chief Executive Officer, Global Infrastructure Hub
The first few weeks of President Donald Trump’s administration have been dominated by early efforts to deliver on some of his most contentious election promises.
While the world watches every pronouncement and, indeed, every tweet, there is hope that attention will soon turn to one of his pledges on which there was consensus, a massive and long-overdue infrastructure overhaul across the United States.
At the G20 Infrastructure Working Group (IWG) meeting in Pretoria from 21-22 May, the Global Infrastructure Hub and PPIAF presented progress on IWG’s Priority One: “Developing investable infrastructure pipelines and addressing data gaps”.
Our CEO has contributed an article to the G20 India: The 2023 New Delhi Summit publication, alongside articles by country leaders, heads of international organisations, and other experts.
G20 Leaders met in New Delhi on 9-10 September 2023. The Leaders’ Declaration reflects an ongoing focus on sustainable and inclusive economic growth, of which infrastructure is a key part.
As part of its leading practices mandate, the GI Hub is developing a set of annotated risk allocation matrices for PPP transactions, in a variety of sectors.
The G20 Brazilian Presidency and the Australian Co-Chair held the third Infrastructure Working Group (IWG) meeting in Foz do Iguaçu, Brazil, in June, which consisted of five sessions: Linking Infrastructure and Poverty Reduction, Delivering Cross-Border Infrastructure, Financing Climate-Resilient Infrastructure, Infrastructure Global Trends, and Mitigating Exchange Rate Risks. Henri Blas, Program Lead for the Global Infrastructure Hub, participated in session four of the meeting focused on Infrastructure Global Trends.
Daniel Fedson represented the Global Infrastructure Hub at the event and we look forward to continuing to work with European countries to further advance their infrastructure project programs and address infrastructure investment needs.
Africa’s unmet infrastructure need is estimated at nearly $3 trillion by 2040, a new training program aims to drive investment to help close Africa’s infrastructure gap.