Global Public Investment:
A Transformation in International Cooperation

All contribute

The simplest way to source GPI is via country-level contributions, extending the 0.7% ODA commitment to all countries, but at a tiered level of contributions. Where GPI would differ from “aid” is that it would fall at the more statutory end of the international public finance spectrum: while incentives would be the main driver, sanctions could also help deal with non-compliance issues

All decide

One of the biggest problems with international governance in the economic arena is the lack of effective country and sectoral representation. GPI would involve a more representative decision-making structure, including civil society, leading to enhanced legitimacy and effectiveness. In the short-term vision for GPI, such principles would be incorporated via tweaks and amendments to existing governance arrangements.

All benefit

Given the host of challenges the world will face in the coming years, we need a more appropriate means of allocating international public finance. We should always prioritise the poorest people and increasingly that means recognising the poverty, inequality and sustainability needs in middle-income as well as low-income countries, including narrowing gender and ethnicity gaps.

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The Time is Now

As the COVID-19 pandemic threatens to set back development progress for a generation, it is clearer than ever that serious structural changes are needed to safeguard communities around the world, and the planet itself. We still haven’t worked out how to provide public goods and services effectively and fairly across the world. That’s why I wish the Expert Working Group on Global Public Investment the very best in their deliberations. The Global Public Investment approach is our best bet for modernising international public finance for the 21st century.

Rt Hon Helen Clark
Patron, Helen Clark Foundation
(former New Zealand Prime Minister and former UNDP Administrator)

What is GPI

The concept of Global Public Investment (GPI) is being developed to make the case that international public finance has a critical role to play in tackling the climate emergency, preparing for the next pandemic, and financing the Sustainable Development Goals. We need a concrete system of meeting our global ambitions through long-term, reliable investment in the goods, capital and infrastructure they require.

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History of GPI

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Foundations

Experts and practitioners from around the world have been developing the concept that has become known as Global Public Investment (GPI) for over a decade, building on a long tradition of critique...

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Expert Working Group

Our objective is to deliver a technically sound and politically attractive action plan for GPI which will garner support across the globe and in various sectors.

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Global Consultation

Cocreation has always been at the heart of the Global Public Investment (GPI) approach, from defining the problem that it seeks to address, to the principles that it sets out as a solution...

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