Investing in the Foundational Physical and Human Infrastructure
Creating jobs starts with investments in the essential infrastructure required for people and businesses to thrive. These investments include physical infrastructure like roads, ports, electricity, and urban infrastructure, all of which are crucial for businesses to operate and connect to markets. Natural capital like clean air, fertile land, and safe water are vital to increasing living standards, reducing poverty, and creating jobs.
We also invest in the foundational human infrastructure—including healthcare, education, and skilling—necessary to build a thriving workforce. Education and skills are foundational infrastructure for good jobs, the surest way out of poverty.
High-quality early childhood development and primary and secondary education lay the foundations for basic cognitive and socio-emotional skills to provide the best possible start in life, and equip people with the foundation for life-long learning. Our vision is that every person should have the education, skills, and opportunities needed to find good jobs and realize their potential.
Governments and the World Bank Group’s public sector arms—IBRD and IDA—can help finance these efforts and ensure resources are used effectively.
Speakers:
Jukka-Pekka Strand, Head of Project Equity and Debt, WBG
Adwoa Asantewaa, Energy Economist, WBG
