The Global Infrastructure Hub (GI Hub) has announced the formation of a Technical Working Group of global infrastructure, finance, and climate experts to provide strategic advice to the G20 and GI Hub on a forthcoming framework that will offer new recommendations for scaling up private sector investment in sustainable infrastructure.
The GI Hub hosted a global webinar on risk allocation in PPPs with Norton Rose Fulbright and IPFA last week. The webinar was extremely well attended and saw active participation from public sector and private sector participants from around the world.
On 12 July 2018 the GI Hub’s COO, Mark Moseley, joined a webinar panel on blockchain and its applications for infrastructure, hosted by the International Project Finance Association (IPFA). Blockchain is the technology that underpins Bitcoin and other similar ‘cryptoassets’, such as Ethereum and Ripple. Its potential, and the recent volatility of cryptoassets, has made the technology one of the most hyped and misunderstood technologies in the market.
The G20 Finance Ministers and Central Bank Governors have welcomed the launch of a new, interactive online risk allocation tool, the Global Infrastructure Hub’s (GI Hub) Annotated Public-Private Partnership (PPP) Risk Allocation Matrices.
The Risk Allocation Matrices tool, developed by the GI Hub in partnership with global law firm Norton Rose Fulbright, has been designed to assist developing economies better assess potential infrastructure investment risk.
The Hong Kong SAR Secretary for Financial Services and the Treasury, Professor K C Chan, along with other senior officials of the Hong Kong Treasury, met with the GI Hub in Sydney on Thursday, 10 November.
The parties discussed the work of the Hong Kong Infrastructure Financing Facilitation Office (IFFO), established by the Hong Kong Monetary Authority (HKMA).
The GI Hub staff met with counterparts from organisations such as the Ministry of Finance of China, China PPP Center, Reform and Development Bureau of XiongAn, Development and Reform Commission of Shenzhen, and Economic, Trade and Information Commission of Shenzhen.
GI Hub Chief Executive Officer Chris Heathcote addressed the Business Council for International Understanding at a lunch hosted by Australia’s Ambassador to the US Joe Hockey in Washington DC recently.
This week, the GI Hub joined nine other global organisations in issuing a call to action to heads of state, policymakers, and multilateral development bank (MDB) officials to scale up private investment in emerging markets and developing countries (EMDCs) to fight climate change and deliver on Sustainable Development Goals (SDGs).
Officials from the Korean Ministry of Strategy and Finance officials and the Korea Development Institute (KDI) met with the GI Hub in Sydney on 14 December 2016 for discussions during their study visit to Australia on Public-Private Partnerships in infrastructure.