Fourth Infrastructure Working Group meeting ends in Khajuraho

The fourth G20 Infrastructure Working Group meeting under the G20 India Presidency ended on Thuesday in Khajuraho, Madhya Pradesh. This was the last meeting of the Infrastructure Working Group. More than 54 delegates from the G20 member countrie. Australia and Brazil co-chair the meeting.The G20 Infrastructure Working Group deliberates on various aspects of infrastructure investments,including developing infrastructure as an asset class, promoting quality urban infrastructure, Infratech, and identifying innovative instruments for mobilising financial resources for investment towards resilient, sustainable and inclusive urban infrastructure. The outcomes of the Infrastructure Working Group feed into the G20 Finance Track priorities and promote Infrastructure Development.
The fourth IWG meeting reportedly finalised the priorities of the 2023 Infrastructure Agenda such as the World Bank report on the Enablers of inclusive Cities, the compilation of Infrastructure Taxonomies, and the infra tracker tool to track the investments made by various countries in the infrastructure sectors. On the sidelines of the IWG meetings, a discussion was also organised in partnership with the International Finance Corporation (IFC), where representatives from institutions such as the World Bank, OECD, EBRD, and UNDP, as well as representatives from the public and private sector, deliberate on the mechanisms to scale up private sector investments in urban infrastructure. The discussions aim to capture the private sector perspective on addressing the challenges and enabling cities to mobilise private and commercial finance.

In addition to the formal discussions, the Presidency has also arranged excursions for the delegates to experience the rich cultural heritage of Khajuraho. During their stay in Khajuraho, the delegates visited the famous UNESCO World Heritage site at the Western Group of Temples, Adivart Museum and Raneh Falls.