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What are the four basic pillars of the Sustainable Infrastructure Action Plan?
There has to be progress in supporting developing countries as they meet the enormous lags in the access agenda of core infrastructure sectors (transport, water, energy, and Information and Communication Technologies (ICT)). Advances in this core access agenda requires focused attention on key cross-cutting issues: climate change, the role of the private sector, regional disparities in infrastructure service delivery, rapidly growing demand for infrastructure in urbanizing economies, affordability, and the need to support and build upon technological advances;
There is a need to embed sustainability in infrastructure services going beyond “do-no-harm” objectives. In addition to the traditional economic and financial viability of infrastructure services, the design of infrastructure programs needs to support environmental sustainability and social inclusion: the “triple bottom line;”
It is paramount to ensure support for a strong governance framework for infrastructure services: efficient and effective use of public and private resources, strong results monitoring systems to measure the access and sustainability outcomes of infrastructure spending, and effective anti-corruption action programs;
The Global Bank Group can leverage its financing by mobilizing additional private financing and harmonized aid resources for infrastructure, using its platform to support developing countries.
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