Policy and Institutional Framework for Delivering on Sustainable Infrastructure

By Amar Bhattacharya, Beatriz Nofal, Linda Krueger, Minji Jeong, and Kevin Gallagher

Abstract

We propose that G20 countries build a robust upstream policy and institutional framework for delivering on sustainable infrastructure. Specifically, such a framework should include coherent growth strategies and well-articulated investment plans, comprehensive infrastructure plans, a sound project prioritization framework, and procurement policies that integrate sustainability criteria. Additionally, G20 countries should work with Development Finance Institutions (DFIs) to build sound platforms to bring together all relevant stakeholders to help attract and evaluate investments in sustainable infrastructure.