Towards quality and green infrastructure investments

Aligning the Global Gateway agenda to the Green Deal

Studio 4
Lab Debate
Tuesday, June 21, 2022
13:40 to 14:25

The developing world is facing a large infrastructure deficit and is foreseeing huge investments in the next few years to address it. These infrastructures will be in place for the coming decades; the decisions we make now will determine if we contribute to transformational change towards environmental sustainability, and low carbon, resilient and inclusive development, or we face a lock-in into carbon intensive and unsustainable infrastructure. If we fail in making our investments sustainable and green, we will fail in achieving the Green Deal's objectives. This session looked at how quality infrastructure can bring new opportunities in developing countries, and examined tools and approaches to ensure that infrastructure projects under the Global Gateway agenda contribute to transformational change whilst respecting the 'do no harm' principle.

Synopsis

The panelists presented solutions their organisations have developed to facilitate the transition towards quality and green infrastructure investments. They stressed the importance of moving away from the traditional approach of focusing on benefits and instead putting the focus on nature-based solutions. The discussion also concentrated on the topic of how financial losses can provide incentives for governments to invest in the green transition.

Organised by

Speakers

Moderator
Jens SEDEMUND
Head, Environment and Climate Change, Financing for Sustainable Development
Organisation for Economic Co-operation and Development (OECD)
Christian KRÄMER
Head of Division
Nick O'REGAN
Director Implementation Practices and Standards
Werner SCHMIDT
Director of the Urban and Territorial Development Department
European Investment Bank

Photo gallery

Towards quality and green infrastructure investments