On the coronary heart of the B3W lies the Blue Dot Community (BDN), initiated in 2019 by america, Japan, and Australia to encourage improvement by certifying public-private international infrastructure investments which might be clear and high-quality. As many international locations look to stimulate their economies within the aftermath of the COVID-19 pandemic, the Blue Dot Community may present a a lot wanted device for high quality infrastructure funding that can help a stronger, sustainable, and extra inclusive restoration.
The OECD will help the Blue Dot Community by constructing an proof base, mobilising a multi-stakeholder partnership and designing the certification framework. The OECD has already developed lots of the key worldwide requirements in these areas and has expertise selling insurance policies on high quality infrastructure funding.
How may the Blue Dot Community assist us to beat key obstacles to infrastructure funding by way of better transparency and alignment with best-in-class worldwide requirements? What sensible steps have to be taken?
Speaker:
– Mathias Cormann
Secretary-Basic of the Organisation for Financial Co-operation and Growth (OECD)
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