This lab focused on how to achieve synergies of public and private investment in infrastructure to support the structural transformation of national economies at different territorial scales, along the development corridors connecting regions and cities and linking the corridors to hinterland and intermediary cities. Coordinated investment for larger economic, social and environmental impact requires effective multilevel governance and enabling policies at all levels and sectors of governance securing coherence of national and subnational spending, public revenues, and external finance for productive investment in infrastructure and urban development. The lab explored how such coherence can be achieved in various governance contexts along the development corridors in sub-Saharan Africa.
Synopsis
The panelists stressed that a country-by-country approach is needed, particularly in terms of working with local governance to create an ecosystem approach for financing green transitions. Ensuring blending and public and private partnerships is just as important to this approach as the need to build trust among all partners involved.
