By 2040 it is estimated nearly USD 80 trillion will be spent on infrastructure to support the changing needs of a growing population. New transport links, housing, energy supplies and communications connectivity are key to meeting the UN SDGs. We are entering a unique transformative period; yet it’s hard to get capital into infrastructure projects.

Over the next two decades, the world needs to build almost the same stock of infrastructure that exists on the planet today. By investing in projects that promote resilience and net zero ambitions we ensure that infrastructure is built for a more sustainable future.

Conceiving and delivering resilient infrastructure is a challenge too immense for any single entity to tackle in isolation. Governments, finance institutions and the private sector all have vital roles to play. Insurance also has a crucial role to play, in enabling and taking on the risk for these projects, helping to unlock financing for them and supporting fast recovery and restoration in the wake of disaster.

This event aims to attract a range of global public and private sector actors, active in the areas of resilient infrastructure, energy transition and nature-based solutions, to discuss the following topics:

• How can development banks help facilitate PPP that supports resilient infrastructure investments?

• How can governments attract more private sector capital to enable resilient infrastructure financing?

• What is the role of private banks in financing sustainable development?

• Insights and preparedness – how insurers can support financing of more resilient infrastructure?

Speakers:

• Zhang Xing, Senior Climate Policy Specialist, AIIB

• Veronica Scotti, Chair Public Sector Solutions, Swiss Re

• Katharine Tapley, Head Sustainable Finance, ANZ Bank, Australia

• Richard Fechner, EGM Advisory, GHD (moderator)

Learn more about AIIB’s engagement at COP28 here.