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Home > Databases > Library > Driving sustainable development through better infrastructure: Key elements of a transformation program

Driving sustainable development through better infrastructure: Key elements of a transformation program

July 2015
Authors: 
Amar Bhattacharya, Jeremy Oppenheim, Nicholas Stern
Source: 
Brookings Institution, New Climate Economy (NCE), London School of Economics and Political Science

This paper has been developed to inform discussions on smart infrastructure development and financing as part of the sustainable development goals (SDGs) and climate processes in 2015. The article is designed to respond to five questions. First, why is a major increase in investments in better infrastructure essential to both development and climate goals? Second, what is holding back this investment? Third, how can the deployment of private capital into infrastructure investment be doubled? Fourth, what is the distinctive role of development banks in closing the infrastructure investment and financing gap? Fifth, how can official development assistance and climate finance reinforce each other?

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Sectors: 
Buildings, Energy, Finance
Themes: 
Infrastructure, Institutions and Governance, Sustainable, Green, and Social Bonds
Key search terms: 
infrastructure, financing mechanisms, economic capital, economic cost, bridges, poverty reduction

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