The importance of infrastructure as a key driver of growth, competitiveness and social well-being is well established. Yet, a significant number of economically viable infrastructure investments are not moving forward. Short political cycles, short-term investment horizons, a lack of viable financing structures, inappropriate risk assessment frameworks and a lack of long-term vision mean that much needed investment does not flow to infrastructure and development – causing a $1 trillion annual shortfall towards a $4 trillion demand in infrastructure alone. This problem will only get worse, as infrastructure ages in developed economies, and new pipelines of projects are needed in the world's fastest growing emerging economies.
This initiative aims to serve as a global thought leadership incubator that explores how governments and the private sector – long-term investors particularly - can take action to crowd-in more investment in public infrastructure.