Mandated by the Addis Ababa Action Agenda, as an outcome of the third international conference on financing for development, the global infrastructure forum is being established by the MDBs to help bridge the infrastructure gap, as key for achieving the sustainable development goals (SDGs). This will provide a forum for countries and development partners to work together by building on existing multilateral collaboration mechanisms, and to improve alignment and coordination among established and new infrastructure initiatives, multilateral and national development banks, United Nation (UN) agencies, national institutions, development partners, and the private sector. It will highlight opportunities for investment and cooperation, and work to ensure that investments are environmentally, socially, and economically sustainable, climate-smart and climate-resilient, and in line with partner countries’ national commitments under the UN framework convention on climate change. The forum will also support the infrastructure-related agendas of the G20, G-24, G-77, and g7+ by encouraging MDBs to take joint actions to demonstrate their commitment to infrastructure investment.
Details
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Document Date
2016/04/16
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Document Type
Brief
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Report Number
166386
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2021/11/25
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Disclosure Status
Disclosed
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Doc Name
Chairman’s Statement : Global Infrastructure Forum 2016
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Keywords
development partner; united nations framework convention on climate change; climate change and disaster risk; delivery of infrastructure service; global infrastructure; financing development; institutional investor; secondary market; sustainable infrastructure; level of private; PPP Knowledge Lab; risk management principle; long term asset; domestic resource mobilization; understanding poverty; political risk insurance; capacity building support; development of infrastructure; priorities and strategy; source capital; governance standard
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Citation
Chairman’s Statement : Global Infrastructure Forum 2016 (English). Feature Brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/342841637835837495/Chairman-s-Statement-Global-Infrastructure-Forum-2016