Electrification is a priority for many development finance institutions (DFIs) and the sector has attracted investment through green and blue capital and incentives. However, because renewable projects are 3-4 times [...]
Currently private investment contributes a very small proportion of total infrastructure investment, with the East Asia and Pacific region receiving AUD$18.2 billion in 2019 (World Bank, 2019). A greater participation of private capital is required to enable Asia to deliver its infrastructure needs.
Governments worldwide are looking at investment in infrastructure as an effective fiscal response to stimulate growth. Infrastructure stock that was established in advanced economies in the post-WWII Marshall Plan environment, is ageing and at end-of-life. Governments are today accelerating “shovel ready” projects and legislation is being driven through to enable easing of red and green tape. In advanced and developing economies alike, as the pressure to act increases on governments, a small window of opportunity exists to stimulate economies in a way that rebuilds the core infrastructure through renewing ageing assets while building for the future.