2015 CAPE conference: bricks and dollars
ODI hosted a two-day conference on infrastructure and development with UK Prime Minister Gordon Brown and other high-level speakers.
- Visit the event web page for all conference details, a full list of speakers (including those on Twitter), and videos and presentations from each session.
- Check out the graphic illustration of the conference discussions for a visual summary of the event.
- In 2014, the IMF declared 'the time is right for an infrastructure push'. But how can we overcome the global infrastructure funding gap - or is it not all about the money?
There are no trillion dollar infrastructure gapsApparently, the world is desperately short of infrastructure. According to various estimates, sub-Saharan Africa has an infrastructure gap of $1.8 trillion, South Asia $4.2 trillion, Latin America $7.8 trillion and the whole world a whopping $57 trillion from 2013 to 2030. To put these numbers into context, global GDP was estimated at around $78 trillion in 2014.- Check out these infographics to learn more about the divide between infrastructure ambitions and reality. What does it take to invest in infrastructure, and to invest well?
- The private sector is deemed the only hope of filling the estimated $2.7 billion infrastructure gap needed to attain the SDGs.
- But is there really a case for using aid to subsidise private investment in developing countries, especially infrastructure, even though there is not much evidence that it has a direct impact on poverty?
- The #2015CAPE conference explored how we can work better with the private sector. In the meantime, read @CarterPaddy's blog and paper on why to subsidise the private sector.
The private sector is so hot right nowThe private sector is hot right now.[1] A recent study found that the private sector is a priority for 19 out of 23 aid donors. USAID calls the private sector the key to achieving its development aims and is 'aggressively' pursuing a partnership model of development.













