Infrastructure development acts as a gateway to natural resources and markets, powers industry, and provides key services to citizens around the world. However, the OECD’s infrastructure investment advice to the G20 is “out of sync” with recent achievements of the global community, such as the new UN Sustainable Development Goals (SDGs).
At the request of the G20, staff at the World Bank has prepared a report recommending model language for public-private partnership (PPP) contracts. Unfortunately, the proposals fail to grapple with several of the problems that have plagued many PPP schemes, or contribute in a constructive way to finding solutions to them.
The G20 has fallen behind other international organizations in addressing the challenges of climate change and supporting sustainable energy transformation and electrification. This article lays the foundation for a reflection and discussion on what the G20 can usefully do to support these transformations, and how it must change to achieve this.
This issue highlights safeguards, global financial instability and fragility, Turkey's economy and fossil fuel subsidies, and the tension between G20 and UN leadership on infrastructure.
This issue entitled, "Will the New G20 Troika Advance Sustainable Development?" includes feature articles on Public-Private Partnerships (will they help achieve climate and sustainable development goals?); the Turkish Civil 20; and ragged progress on the G20 Anti-Corruption agenda.
The world is running out of time when it comes to limiting global warming to 2°C. In this paper, Nora Rohde examines whether the master plans for energy mega-projects in three regions contributes to that goal.
Some claim that the biggest obstacle to boosting investment levels and reviving the global economy as the absence of regional "pipelines of bankable projects". In this paper, Nora Rohde describes the "solution" --Project Preparation Facilities (PPFs) to accelerate the launch of (mega)projects.
At the 9th G20 summit in Brisbane, Australia, all member states presented their individual plans to promote “stronger economic growth and employment outcomes”. As G20 President this year, Turkey may consider its growth strategy and employment plan as models for other G20 countries. Its approach may also shape the G20 agenda. To explore these possibilities, this paper presents and comments on some highlights of the Turkish plans.
The new investment and development model is evolving with breathtaking speed due to not only the strong global consensus in support of it, but also the competition between the West and emerging powers to implement the model.
This paper highlights decisions of the G20 Summit as they relate to: Taxation and Corruption; Labor and Gender Participation in the Workforce; Financial Regulation; Trade; Climate Change, Food, and Energy; Global Governance; and Infrastructure.
Worldwide, the essential role of infrastructure is being rediscovered. However, mega-projects -- including in the energy sector -- need good governance in order to deliver benefits and avoid harm to communities, ecology and the climate. The 20+ authors in this anthology describe the challenge and imperative of achieving democratic and responsible governance of infrastructure. This publication is available in English and Spanish.
This issue of the G20-BRICS Update covers the hopes and fears for the G20 Summit in November 2014; outcomes of the BRICS Summit in July 2014; the G20's Global Infrastructure Initiative; and Korea's experience with public-private partnerships (PPP)s.
According to this report, systematic discrimination against women drives patterns of inequality and poverty. It argues that the G20 cannot achieve inclusive growth with gender-blind policies. Therefore, the G20 must reassess its entire agenda and, among other things, promote women's rights in employment, social protection, and fiscal policy.
Will PIDA accelerate the colonial patterns of resource extraction or foster the economic diversification required for Africa to prosper and expand job opportunities?
Read about the jobs crisis, mobilizing pension funds to underwrite infrastructure, the need for a new “model” for BRICS’ development, and the ambitions and risks of African mega-projects.
The February 2014 "G20-BRICS Update" features articles on the Australian G20 Presidency by Senator Christine Milne and Alan Alexandroff; articles on the BRICS by Graciela Rodriguez and Oliver Stuenkel (Brazil) and Vitaliy Kartamyshev (Russia); and reviews of work by Jayati Ghosh and Observer Research Foundation (India).
Nancy Alexander and seven contributing authors present "Responsible Investment in Infrastructure: Recommendations for the G20," which responds to the G20's efforts to mobilize financial support for public-private partnership (PPPs) in large infrastructure projects in order to promote regional integration.
At the September 2013 G20 Summit in St. Petersburg, Leaders faced conflicts relating to the Syrian crisis and decelerating global growth and, particularly, the role of the monetary policies of advanced countries, especially the U.S., in destabilizing developing country ́s economies.
