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The Infrastructure Group deliberates on various aspects of infrastructure investments, including developing infrastructure as an asset class
India will host the first G-20 Infrastructure Working Group meeting next week in Pune, the Ministry of External Affairs said in a statement on Saturday.
To be held on January 16 and 17, the Infrastructure Group will focus on the agenda for the Infrastructure Working Group under the Indian Presidency. The flagship priority to be discussed in this meeting is "Financing Cities of Tomorrow: Inclusive, Resilient and Sustainable," the MEA said.
The Infrastructure Group deliberates on various aspects of infrastructure investments, including developing infrastructure as an asset class; promoting quality infrastructure investment; and identifying innovative instruments for mobilizing financial resources for infrastructure investment, the Ministry added.
The Group will focus on various facets of making cities economic centres of growth, financing urban infrastructure, building future-ready urban infrastructure, directing fiscal investments for unlocking private financing for energy-efficient and environmentally sustainable infrastructure and mitigating social imbalances.
The outcomes of the Infrastructure Working Group feed into the G20 Finance Track priorities and promote Infrastructure Development.
The forum will bring together the IWG member countries, guest countries and international organisations invited by India to discuss the 2023 Infrastructure Agenda under the Indian G20 Presidency.
The meeting will be hosted by the Department of Economic Affairs, Ministry of Finance, Government of India along with Australia and Brazil as the co- chairs, the Ministry added.
The Indian G20 Presidency's theme of 'One Earth, One Family, One Future' sets the tone for the 2023 Infrastructure Agenda under the 2023 Indian G-20 Presidency.
The theme underlines the message of equitable growth and aptly ties up with the central agenda of the discussions which is building resilient, inclusive and sustainable urban infrastructure.
On the side-lines of the Pune meeting, there will be a High-Level Workshop on "Financing of Cities of Tomorrow". The Workshop will discuss relevant themes pertaining to technical and managerial capacity needs to build the ‘Cities of Tomorrow,’ Investors' considerations in increasing private financing and the financial capacity needs of Cities of Tomorrow.
The G20 meeting was preceded by a number of Jan-Bhagidari initiatives by the Pune Municipal Corporation and other Pune city stakeholders, including lectures on G-20, seminar on ‘Making Cities Future Ready and Importance of Urban Development’, a G-20 cyclothon, a motorbike rally on National Youth Day, swachhata drive and model G-20 discussions in the educational institutions.
The initiative aims to involve people from all walks of life in the whole discussions around the G20 meeting.
During India's G-20 Presidency, the G-20 Infrastructure Working Group will be used as a forum to discuss the challenges that cities face and opportunities that cities will bring in the near future and chart out a course that makes cities more liveable, the Ministry added.
The Ministry of Finance will steer the G20 Infrastructure agenda to ensure that the G-20 acts as a global prime mover to envision new ideas and accelerate collective action, the MEA said.
To be held on January 16 and 17, the Infrastructure Group will focus on the agenda for the Infrastructure Working Group under the Indian Presidency. The flagship priority to be discussed in this meeting is "Financing Cities of Tomorrow: Inclusive, Resilient and Sustainable," the MEA said.
The Infrastructure Group deliberates on various aspects of infrastructure investments, including developing infrastructure as an asset class; promoting quality infrastructure investment; and identifying innovative instruments for mobilizing financial resources for infrastructure investment, the Ministry added.
The Group will focus on various facets of making cities economic centres of growth, financing urban infrastructure, building future-ready urban infrastructure, directing fiscal investments for unlocking private financing for energy-efficient and environmentally sustainable infrastructure and mitigating social imbalances.
The outcomes of the Infrastructure Working Group feed into the G20 Finance Track priorities and promote Infrastructure Development.
The forum will bring together the IWG member countries, guest countries and international organisations invited by India to discuss the 2023 Infrastructure Agenda under the Indian G20 Presidency.
The meeting will be hosted by the Department of Economic Affairs, Ministry of Finance, Government of India along with Australia and Brazil as the co- chairs, the Ministry added.
The Indian G20 Presidency's theme of 'One Earth, One Family, One Future' sets the tone for the 2023 Infrastructure Agenda under the 2023 Indian G-20 Presidency.
The theme underlines the message of equitable growth and aptly ties up with the central agenda of the discussions which is building resilient, inclusive and sustainable urban infrastructure.
On the side-lines of the Pune meeting, there will be a High-Level Workshop on "Financing of Cities of Tomorrow". The Workshop will discuss relevant themes pertaining to technical and managerial capacity needs to build the ‘Cities of Tomorrow,’ Investors' considerations in increasing private financing and the financial capacity needs of Cities of Tomorrow.
The G20 meeting was preceded by a number of Jan-Bhagidari initiatives by the Pune Municipal Corporation and other Pune city stakeholders, including lectures on G-20, seminar on ‘Making Cities Future Ready and Importance of Urban Development’, a G-20 cyclothon, a motorbike rally on National Youth Day, swachhata drive and model G-20 discussions in the educational institutions.
The initiative aims to involve people from all walks of life in the whole discussions around the G20 meeting.
During India's G-20 Presidency, the G-20 Infrastructure Working Group will be used as a forum to discuss the challenges that cities face and opportunities that cities will bring in the near future and chart out a course that makes cities more liveable, the Ministry added.
The Ministry of Finance will steer the G20 Infrastructure agenda to ensure that the G-20 acts as a global prime mover to envision new ideas and accelerate collective action, the MEA said.
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