Regional Roundtables on Infrastructure Governance and Tools (2017, 2018)
The Regional Roundtables on Infrastructure Governance program brings together government officials, the private sector, civil society and practitioners to create better approaches, standards, and tools that will improve infrastructure governance around the world. A series of regional roundtables comprise the core of the program.
Basic infrastructure services are scarce in many developing countries. Yet, the main impediment to investment, is not lack of financing, but of good governance. Globally, research shows we will have an infrastructure deficit of $57 trillion by 2030 making effective mobilization of infrastructure financing an imperative.
The program follows directly from the 2015 Addis Ababa Action Agenda on financing for development. It also comes in response to the recommendations of the Global Infrastructure Forum that took place in Washington DC in April 2017.
This Infrastructure Toolkit includes description of various tools that are relevant for Infrastructure Governance.
Roundtable 1
November 2-3, 2017 | Cape Town, South Africa
Roundtable 2
June 21-22, 2018 | Côte d'Ivoire
Roundtable 3
May 23-24, 2019 | Republic of Korea
The World Bank, in collaboration with the Asian Development Bank, Global Infrastructure Hub, OECD, and the Korean government is organizing an Infrastructure Governance Roundtable May 23-24 in Seoul to focus on the main catalyst for sustainable, efficient, and bankable infrastructure projects: good infrastructure governance. The objective of this program is to move policymakers and practitioners towards better approaches, standards, and tools that will significantly improve infrastructure governance in Asia. This event follows the prior roundtables in Cape Town and Abidjan, which highlighted that infrastructure governance is at the heart of the challenges countries face when they want to strengthen their investment program. Analysis from the World Bank shows that substantial benefits can be realized by better governance of public investment throughout its life-cycle and that the quality of public investment management is linked to growth outcomes.
