Global infrastructure connectivity: A catalyst for development
- Global Infrastructure Connectivity refers to the linkages of communities, economies, and nations through transport, communications, energy, and water networks across a number of countries.
- Greater inter-connectivity can translate into higher productivity, gains in service efficiency, greater spillover benefits of investments, and growth in trade.
- National governments, International Organizations, and other international stakeholders have long recognized the significance of infrastructure connectivity in achieving sustainable development and shared prosperity.
- As a result, connectivity has become a key priority for policymakers and practitioners.
GICA’s mission: supporting connectivity through cooperation and knowledge exchange
- Over the last 20 years, a plethora of economic corridors, cross-border investment programs, trade and logistics observatories, and regional bodies dedicated to promote connectivity and regional integration have emerged.
- However, information on global infrastructure connectivity is usually presented at a regional or thematic level with limited opportunities for comparisons across regions or sectors. While a rich flow of new resources (reports, tools, etc.) on connectivity is being produced on a continuous basis, there is no platform to capture the most relevant documents.
- The Global Infrastructure Connectivity Alliance (GICA) has been launched by the G20 in an effort to close that gap. GICA will work across regions and disciplines to promote cooperation, knowledge exchange, and meaningful progress in the field of global inter-connectivity.
- The G20 asked the World Bank Group to serve as the Secretariat of GICA, working closely with the Global Infrastructure Hub (GIH), the OECD, Multilateral Development Banks, International Organizations, UN organizations, and interested countries.
- The Secretariat is based in the World Bank Hub for Infrastructure and Urban Development in Singapore.
Activities under GICA aim at:
- Accelerating knowledge sharing on global infrastructure connectivity across regions
- Developing solutions to close gaps in global infrastructure connectivity
- Facilitating interactions among experts on connectivity issues
- Visually showcasing connectivity initiatives across the globe through an interactive mapping tool
- Determining the trends and game changers impacting global connectivity
- Optimizing infrastructure financing for infrastructure connectivity programs
- Providing relevant performance measurement tools on global infrastructure connectivity
Members and private sector contributors
GICA Members will include countries, International Organizations and established Associations (e.g. the Express Carriers Association; or the International Federation of Freight Forwarders Associations) willing to participate in GICA and contribute to fulfill the objectives of GICA. Other entities including private sector bodies and think tanks, will be encouraged to participate in GICA as Contributors and in its specific activities based on their core competencies.
Interested in participating in GICA? Please tell us more about your interests by completing this short survey. Click here to view the survey. Please share the following link with parties who may be interested in participating in GICA: https://www.surveymonkey.com/r/GICA_Participant
For more, please Contact the Secretariat: GICASecretariat@worldbank.org