Amal-Lee Amin

Download Report

Transcript Amal-Lee Amin

Sustainable Infrastructure
Investment
Project Overview
4/1/2017
Amal-Lee Amin
Inter-American Development Bank
Infrastructure and Environment Sector
Climate Change and Sustainability Division
OUTLINE
•
•
•
2
Sustainable infrastructure: Critical to development goals
Project overview and timeline
Your opportunity to get involved
Inter-American Development Bank | Climate Change and Sustainability
SUSTAINABLE INFRASTRUCTURE INVESTMENT
Critical to development goals
• Cumulative infrastructure investment
requirements are significant.
Sustainable
Infrastructure
Mitigation
(Green)
• Low-carbon and
renewable energy
• Energy efficiency
Adaptation
(Resilient)
• Physical
resilience
• Financial
resilience
• Incorporating sustainability
considerations
– Costs more (short term) but pays
off
– Critical to SDGs & Paris Agreement
• Public budgets are too constrained to
fill this gap
• More private sector investment
required, though barriers exist
• Development banks have a key
role to play in knocking barriers
down
3
Inter-American Development Bank | Climate Change and Sustainability
PROJECT OVERVIEW
Partnership – IDB and Mercer
IDB is committed to driving sustainable and resilient development
To inform our strategy on sustainable infrastructure development, we are
embarking on a project with Mercer Investments
•
•
Global consulting firm with 2,600+ clients and $9.1 trillion under advice
Significant private markets experience
Project will have three components, each of which will play a role in
informing IDB’s future strategy
1.
2.
3.
4
Understand the global ecosystem of initiatives focused on propelling sustainable
infrastructure development
Gather the perspectives of internal IDB experts on sustainable infrastructure,
including definitions and objectives
Explore 10 case studies where investors have selected infrastructure investments
which do and do not display sustainability characteristics
Inter-American Development Bank | Climate Change and Sustainability
DEVELOPING OUR PERSPECTIVE
Three project components
Map landscape of
activity
5
• Identify all major related initiatives
• Analyze and map global landscape; assess
current capacity to influence investment flows
• Identify gaps and opportunities
Gather internal
perspectives
• What does ‘sustainable infrastructure’ mean to
internal IDB stakeholders?
• Opportunities and barriers vis-à-vis other
programs of work
• Identify preferred language and framing
Gather external
perspectives
• Case studies with infrastructure investors
(pension funds and asset managers)
• Perceived barriers to infrastructure investment in
developing countries; potential role for IDB
• Review of recent investments
Inter-American Development Bank | Climate Change and Sustainability
SUSTAINABLE INFRAESTRUCTURE INVESTMENT
Project timeline and goals
June-September
Review
Landscape
July-October
External
interviews
August-October
Internal
interviews
U N D E R S TA N D
CURRENT
INDUSTRY
ACTIVITY
6
DEVELOP
INTERNAL
FRAMING FOR
FUTURE WORK
DecemberJanuary
Final report/
presentation
PRACTITIONER
REVIEW OF
BARRIERS &
OPPORTUNITIES
Inter-American Development Bank | Climate Change and Sustainability
S T R AT E G Y T O H E L P ‘ C L O S E
T H E S U S TA I N A B L E
INFRASTRUCTURE
INVESTMENT GAP’
SUSTAINABLE INFRASTRUCTURE INVESTMENT
We welcome your involvement
1. Are there initiatives you would like to add to the landscape review?
2. Are you an infrastructure investor and would like to be interviewed?
3. Are there particular infrastructure case studies you would like to
suggest we include?
4. Are there other initiatives or research projects this project should tie
to?
Please contact [email protected] if you would like to share
an answer to one of the above questions.
We look forward to the opportunity to collaborate with you on this
initiative.
7
Inter-American Development Bank | Climate Change and Sustainability
Let’s talk about climate change and sustainability
@BIDcambioclima | http://blogs.iadb.org/climatechange