As we continue to battle with COVID-19, infrastructure in its many forms will be critical to the future recovery.
Put simply, there is no return to growth without roads, railroads, airports and ports, essential utilities and renewables, energy transportation and communication infrastructure — and these are the backbone of the GLIO Index.
The big question is how essential assets will be maintained and developed in the future. As governments around the world struggle with strategies to prop up stressed economies, the risk is the infrastructure funding gap will continue to widen.
In July, the G20/OECD met and issued a report on how the institutional investment community could be mobilized to fill the gap.
The report includes a GLIO proposal to create a clearly defined infrastructure investment trust (IIT). In a joint article with Cohen & Steers, we argue in the latest issue of the GLIO Journal that an IIT could leverage on the financial blueprint of th