G20’s first Infrastructure Working Group meeting to be held in Pune on January 16-17

Tags: National News

The first ever Infrastructure Working Group (IWG) meeting of the G20 under India's G-20 presidency will be held in Pune on January 16-17.

An overview of the news

• The Forum will bring together IWG member states and international organisations invited by India to discuss the 2023 Infrastructure Agenda under the Indian G20 Presidency.

• The meeting is being hosted by the Department of Economic Affairs, Ministry of Finance, Government of India. Australia and Brazil are joining as co-chairs.

• The outcomes of the Infrastructure Working Group feed into the G20 Finance Track priorities and promote Infrastructure Development.

• The theme of the Indian G-20 presidency 'One Earth, One Family, One Future' explains the purpose of the 2023 Infrastructure Agenda.

• The theme emphasises the message of equitable development and is in sync with the central agenda of the discussion which talks about building resilient, inclusive and sustainable urban infrastructure.

Topics of discussion

• Infrastructure investments 

• Developing infrastructure as an asset class

• Promoting quality infrastructure investment 

• Identifying innovative instruments for mobilising financial resources for infrastructure investment

• The most priority topic of discussion in this meeting has been kept on 'Financing Cities of the Future: Inclusive, Resilient and Sustainable'.