The G7 Development Finance Institutions (DFIs) recently announced the establishment of the G7 Infrastructure Investment Council, a key initiative to scale infrastructure investments for economic prosperity in emerging markets and developing economies.
The announcement took place ahead of the G7 Development Ministerial during the Annual Meetings of the International Monetary Fund and the World Bank Group.
With an estimated $4.2 trillion needed annually for infrastructure investment worldwide, the majority of which is concentrated in emerging markets, the council established the first systematic framework for G7 DFI coordination with investors to unlock private capital at the scale required.
Led by FinDev Canada under Canada's G7 presidency, in collaboration with the Investor Leadership Network (ILN), the council brings together the collective strength of G7 DFIs, including the United Kingdom’s British International Investment (BII), France’s Proparco, Germany
