Ensuring Sustainability and Resilience Post COVID-19.
Enhancing the quality and increasing the quantity of infrastructure development has persistently faced many challenges over the past decades, and still registers significant deficits particularly in developing and emerging economies, with efforts to crowd-in private investment also needing more to be done to register the desired impacts. The emergence of the COVID-19 pandemic makes this situation worse, presenting new challenges in the development of priority infrastructure but also sustaining existing assets. However, as Governments are now facing even greater pressure for results, infrastructure offers an effective economic stimulus measure.
The role of multilateral development banks (MDBs) and project preparation facilities (PPFs) are critical to support developing country government efforts to prepare sustainable and quality infrastructure pipelines that crowd-in private investment. Quality project preparation—in line with best practices and taking into account the G20 Principles for Quality Infrastructure Investment (QII)—will be critical to help countries build back better.
The session will address how to get infrastructure right through:
– Ensuring good quality preparation to attract financing and investment
– Ensuring sustainability of the assets to be built
– Considering how to achieve these objectives within the context of the present COVID pandemic
– Addressing how these approaches might be impacted post COVID-19, and the critical role that project preparation will play
Naffissatou Diouf. Acting Director of Communications, AfDB
Solomon Quaynor, Vice President, Private Sector, Infrastructure & Industrialization, AfDB
Jerome Haegali, Group Chief Economist and Managing Director, Swiss RE
Dr Srinivas Sampath, Chief of the PPP Thematic Group , ADB
Lamine Lo, Director, Financing and PPPs Min. Economy, Planning and Intern. Cooperation (MEPC), Senegal
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