Urban Infrastructure and PPP Aniket Shah Investec Asset Management and UN Sustainable Development Solutions Network

Indian Railway Example: Investment Guarantee of 5%

Question Is our development finance architecture for infrastructure “broke” or “broken”?

Main Messages Demand: The Need for Economic, Energy and Infrastructure Planning at City Level Supply: The Need for Urban-Level Development Finance Institutions Politics: The Need for Political Support and Engagement Time: The Need for Acceleration of Project Planning and Execution

I. Infrastructure Demand

I. Planning “In preparing for battle I have always found that plans are useless, but planning is indispensable.” President Dwight D. Eisenhower

I. Which Plans Have Worked and Why?

I. How to Make Planning Useful Again Aligned with Private Sector Needs and Abilities Aligned with 2 Degree Celsius Goal Accountability Mechanisms with Broader Public Appreciation of New Technologies

I. Energy Planning

I. Project Planning

II. The Importance of Development Finance Institutions

II. Size of Development Banks

II. If the MDBs can do more, why can’t cities?

II. Chicago Infrastructure Trust

III. Engaging Our Political Leaders The development finance community has largely ignored the importance of elected officials We need a political strategy to make these issues resonate with the broader public

III. Role of Civil Society and Journalists How many advocacy organizations are dedicated to infrastructure? How many journalists are dedicated to infrastructure?

IV. The Need for Acceleration