EGYPT - ICF 2022 & African Ministers Meeting

PANEL 6: INVESTING IN SUSTAINABLE INFRASTRUCTURE FOR A JUST TRANSITION

In the face of rapid demographic growth and acute development challenges, meeting Africa’s infrastructure needs is more urgent than ever. Investing in sustainable infrastructure can help deliver a just transition that promotes inclusive growth, better access to services and well-being, while also building community resilience and ensuring that costs and benefits of the low-carbon transition are shared evenly across and within societies. Yet, existing national planning frameworks and infrastructure business models have not produced sufficient volumes of ready-to-go bankable projects capable of attracting the required investment to meet Africa’s development needs. In advance of COP27, this workshop will bring together African policymakers and international infrastructure practitioners to discuss how multilateral stakeholder engagement can leverage improved project planning and preparation to build robust pipelines of sustainable infrastructure projects at the scale and pace required to meet the continent’s development needs, alongside global climate objectives.