7/5/2016 Inter-American Development Bank Infrastructure and Environment Sector Climate Change and Sustainability Division Sustainable Infrastructure Investment Project Overview Amal-Lee Amin

Inter-American Development Bank | Climate Change and Sustainability OUTLINE Sustainable infrastructure: Critical to development goals Project overview and timeline Your opportunity to get involved 2

Inter-American Development Bank | Climate Change and Sustainability SUSTAINABLE INFRASTRUCTURE INVESTMENT Critical to development goals 3 Sustainable Infrastructure Adaptation (Resilient) Physical resilience Financial resilience Mitigation (Green) Low-carbon and renewable energy Energy efficiency Cumulative infrastructure investment requirements are significant. Incorporating sustainability considerations –Costs more (short term) but pays off –Critical to SDGs & Paris Agreement Public budgets are too constrained to fill this gap More private sector investment required, though barriers exist Development banks have a key role to play in knocking barriers down

Inter-American Development Bank | Climate Change and Sustainability PROJECT OVERVIEW Partnership – IDB and Mercer 4 IDB is committed to driving sustainable and resilient development To inform our strategy on sustainable infrastructure development, we are embarking on a project with Mercer Investments Global consulting firm with 2,600+ clients and $9.1 trillion under advice Significant private markets experience Project will have three components, each of which will play a role in informing IDB’s future strategy 1. Understand the global ecosystem of initiatives focused on propelling sustainable infrastructure development 2. Gather the perspectives of internal IDB experts on sustainable infrastructure, including definitions and objectives 3. Explore 10 case studies where investors have selected infrastructure investments which do and do not display sustainability characteristics

Inter-American Development Bank | Climate Change and Sustainability DEVELOPING OUR PERSPECTIVE Three project components 5 Identify all major related initiatives Analyze and map global landscape; assess current capacity to influence investment flows Identify gaps and opportunities Map landscape of activity What does ‘sustainable infrastructure’ mean to internal IDB stakeholders? Opportunities and barriers vis-à-vis other programs of work Identify preferred language and framing Gather internal perspectives Case studies with infrastructure investors (pension funds and asset managers) Perceived barriers to infrastructure investment in developing countries; potential role for IDB Review of recent investments Gather external perspectives

Inter-American Development Bank | Climate Change and Sustainability SUSTAINABLE INFRAESTRUCTURE INVESTMENT Project timeline and goals 6 UNDERSTAND CURRENT INDUSTRY ACTIVITY DEVELOP INTERNAL FRAMING FOR FUTURE WORK PRACTITIONER REVIEW OF BARRIERS & OPPORTUNITIES STRATEGY TO HELP ‘CLOSE THE SUSTAINABLE INFRASTRUCTURE INVESTMENT GAP’ June-September Review Landscape August-October Internal interviews July-October External interviews December- January Final report/ presentation

Inter-American Development Bank | Climate Change and Sustainability SUSTAINABLE INFRASTRUCTURE INVESTMENT We welcome your involvement 1.Are there initiatives you would like to add to the landscape review? 2.Are you an infrastructure investor and would like to be interviewed? 3.Are there particular infrastructure case studies you would like to suggest we include? 4.Are there other initiatives or research projects this project should tie to? Please contact if you would like to share an answer to one of the above We look forward to the opportunity to collaborate with you on this initiative. 7

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