A new report featuring recently declassified documents reveals the complicated history behind Hambantota Port’s debt woes and the importance of avoiding past mistakes as the Covid-19 pandemic pushes more of China’s borrowers to the brink.
Jonathan Black and Daleep Singh, the UK and U.S. G7 Sherpas, respectively, discuss the Build Back Better World (B3W) infrastructure initiative and the G7’s response to China’s Belt & Road Initiative, among other outcomes from the June 2021 summit.
G7 leaders unveiled an initiative to support global infrastructure, launched as China’s Belt and Road Initiative pulls back. To succeed, the United States and its partners must design incentives that mobilize private capital and appeal to leaders in the developing world.
U.S. infrastructure has been dangerously neglected, even as it has become more strategically important with climate change, innovation, and China’s rise. At stake is the United States’ military readiness, national resiliency, and global competitiveness.
Infrastructure is crucial for fostering countries’ economic development and prosperity. This collection of policy briefs discusses how to maximize the impact of quality infrastructure investments through sustainable financing and other resilient strategies to support the 2030 Sustainable Development Goals, the Paris Agreement, and the Aichi Biodiversity Targets.