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Overview

Accessible smart infrastructure enables quality of life in any economy, providing ways for people to get to jobs, hospitals, schools, and for goods to get to markets and consumers.    

Public finance and support from multilateral development banks are not sufficient to eliminate poverty on a livable planet. With a $15 trillion infrastructure financing gap, partnership between governments, philanthropies, donors and the private sector is necessary to ensure basic services for the millions of households left behind.

The World Bank Group is responding to the global call to scale up future-fit resilient quality infrastructure investment needed to accomplish our mission. We leverage the full suite of World Bank Group financing instruments to facilitate private sector investment in sustainable quality infrastructure.

  • The infrastructure gap is significant: nearly 700 million people have no access to electricity, 2.2 billion lack drinking water, 3.5 billion lack safe sanitation, 1 billion live more than 2 kilometers from an all-season road, and a third of the global population--2.6 billion people--remain digitally unconnected.
  • The cost of financing these gaps is enormous – about an annual 4.5% of the GDP of low- and middle- income countries, or around $1.5 trillion annually.
  • Private capital mobilization is crucial to addressing this gap.  Countries must optimize scarce public finance and spending in ways that generate more participation from the private sector. Multilaterals—like the World Bank—can help.

Last Updated: Mar 13, 2025

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