The latest World Bank data finds that infrastructure investments in low- and middle-income countries continued to rebound in 2022. Particularly, private participation in infrastructure (PPI) commitments reached $91.7 billion across 263 projects, marking a 23 percent increase from 2021. This increase in private infrastructure investing comes with heightened scrutiny of these projects. The E.U. Global Gateway has pledged to mobilize up to €300 billion ($318 billion) investment for sustainable and high-quality projects, considering the needs of partner countries and ensuring lasting benefits for local communities.

Consequently, there is an increasingly robust emphasis on incorporating environmental, social and governance (ESG) principles from an early stage for infrastructure assets in development. This approach ensures the asset’s success from an ESG standpoint right from its inception and equips stakeholders with comprehensive data, which is vital in an era where ESG facto