The third G20 infrastructure working group (IWG) meeting is set to take place from June 26 to 28 in the Indian state of Uttarakhand. Delegates from G20 member countries, invitee countries, and international organisations will gather to discuss innovative ways towards infrastructure investment and financing cities of tomorrow that are inclusive, resilient, and sustainable. The meeting aims to further the discussions on the 2023 Infrastructure Agenda under the Indian G20 Presidency, building on the progress made during the second IWG meeting held in March 2023 in Visakhapatnam.
The conference will be the flagship priority for the delegates and provide a platform for discussions on diverse topics, including sustainable infrastructure, enhancing global connectivity, and bridging the infrastructure gap. Its goal is to find solutions to the infrastructural challenges faced by G20 nations, which include lack of funds, a need for innovative financing, and rapid urbanisation.
The IWG meeting will be chaired by the Joint Secretary (Multilateral Institutions), Department of Economic Affairs, Ministry of Finance, Government of India, and the opening ceremony will include a brief welcome address from the Secretary, Department of Economic Affairs. The conference will also feature keynote speeches and expert discussions on topics ranging from sustainable finance and infrastructure to the use of technology and innovation in developing infrastructure.
Overall, this meeting highlights the importance of infrastructure development for the growth and prosperity of nations. With the world’s transition towards a more sustainable and inclusive future, financing the infrastructure of tomorrow has become an essential aspect of the global agenda. As the G20 nations continue their efforts to promote economic growth, create jobs, and uplift the quality of life for citizens, this meeting will provide valuable insight and direction on the best ways to invest in infrastructure.