Unleashing Opportunity by Unlocking Private Investment in International Infrastructure
The Wilson Center’s Wahba Institute for Strategic Competition (WISC) launched a study group comprising leaders in the financial sector who explored how to close the multi-trillion-dollar infrastructure funding gap in emerging markets and developing economies (EMDE). There are a variety of ways Development Finance Institutions (DFIs) and Multilateral Development Banks (MDBs) can activate private capital support for EMDE infrastructure investments. The traditional focus has been on transaction-level mobilization from commercial banks and equity investors, along with balance sheet mobilization by issuing bonds. There is even greater opportunity to mobilize capital at scale from institutional investors. The study group offers the following recommendations to bolster global opportunities, strengthen the rule of law, and expand American exports to advance US national security and foreign policy objectives.
The involvement in the working group does not constitute each participant endorsing each recommendation listed, nor the contents of this publication. Their input was invaluable in providing insights from those with intimate knowledge of international infrastructure. The Wahba Institute of the Wilson Center is grateful for their contributions.
Amer Bisat - Managing Director, Head of Emerging Markets Fixed Income, BlackRock
Peter Corsell - Global InfraTech Fund Partner, I Squared Capital
John Greenwood - Co-Head of Structured Finance, Goldman Sachs
Hon. Mark Kennedy – Wilson Center, Director of the Wahba Institute for Strategic Competition; Member of Congress (MN 2001-07)
Michael Kumar - Global Head of Project, Commodity and Infrastructure Finance, Morgan Stanley
Gabriel Sod Hoffs
Zahid Riaz Qureshi
About the Author
Hon. Mark Kennedy (US Congress, 2001-07 MN), Director of the Wilson Center’s Wahba Institute for Strategic Competition, also serves as an appointed Civic Leader supporting the Secretary of the Air Force and as President Emeritus of the University of Colorado. Kennedy is dedicated to strengthening America’s alliances, and the technology, trade, infrastructure, and energy foundations of its economic and global leadership. Mark applies experiences as a first-generation college graduate, corporate executive, presidentially appointed member of the Advisory Committee for Trade Policy and Negotiations, founder of the Economic Club of Minnesota and author of an Ivy League published book. He has engaged wide cross-sections of society in over 45 countries, including refugee camps, war zones, 50 military bases and three aircraft carriers at sea.Read More
Wahba Institute for Strategic Competition
The Wahba Institute for Strategic Competition works to shape conversations and inspire meaningful action to strengthen technology, trade, infrastructure, and energy as part of American economic and global leadership that benefits the nation and the world. Read more