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Closing the Infrastructure Finance Gap

October 24, 2024
10:00am - 11:00am
Event Type
Public Event (Hybrid)
Event Categories
Hosted by Infrastructure & Urban Development Workgroup
Location
SID-US Office - 2300 N St NW, Suite 350
Washington 20037

Learn how different entities are working to attract private sector investment and design innovative solutions to fund infrastructure in emerging markets. 

In-person location: SID-US Office - 2300 N ST NW, Suite 350, Washington DC 20037

Virtual location: via Zoom

Globally, 675 million individuals lack electricity, 2.3 billion lack drinking water, 3.6 billion lack safe sanitation, one billion live more than two kilometers from an all-season road, and 450 million live beyond the range of a broadband signal. Access to adequate infrastructure is essential to meeting the Sustainable Development Goals (SDGs) and staying on a path to a net-zero society by 2050. 
Estimates obtained by adding data from the United Nations Conference on Trade and Development (UNCTAD) and IEA show that roughly $2.6 trillion is required annually through 2030 to meet the Sustainable Development Goals (SDGs) and maintain a path to a net-zero society by 2050.
The infrastructure needs of developing countries are not just significant; they are rapidly growing, and without the necessary funding, these countries are facing a crisis. Developing countries require an estimated USD 1 – 1.5 trillion to bridge their infrastructure gap. The OECD has estimated that globally, about 43% of investment needs are concentrated in transport, followed by energy (34%). Other crucial areas include water and sanitation, and telecommunications. This shortfall can be attributed to various factors such as the High Costs of infrastructure projects, the limited national Fiscal Capacity, the Risk Perception, or the Lack of Access to Capital. 
Bridging this infrastructure funding gap requires a concerted effort from Governments, MDBs and DFIs, national development banks, and the private sector. Only through this joint action can we hope to mitigate the factors contributing to the gap and raise the necessary capital. 
This event will seek to answer the following questions: 

  • What are the impacts of the infrastructure funding gaps on the SDGs and the transition to net zero in developing countries?
  • What are the key factors that explain the infrastructure gap? 
  • What role are the different stakeholders playing to bridge this gap? 
  • What are the most promising innovations in infrastructure finance?

Registration will close on Wednesday, October 23 at 4:00 PM ET. All participants will be sent a attendance confirmation email after. 

 

Moderator

Carline Noailles image
Infrastructure & Urban Development Workgroup / Co-Chair
Co-founder and Managing Partner
JESCA Solutions LLC

 

Speakers

Eugenia Okyere image
Head of Research, Investment Promotion Agency (IPA)
The Ghana Investment Promotion Centre (GIPC)
Oxana Meggle Image
Sustainable Finance Lead, Infrastructure and Energy
International Finance Corporation / World Bank Group
Elan Cusiac-Barr Image
Global Director, Infrastructure Finance, Transactions and PPP
CPCS