Included is a Sustainable Development Investment Partnership between governments and financial institutions aimed at unlocking private capital for sustainable infrastructure and other development needs.
These models can be highly appropriate for the challenges facing China today, as growth slows and more innovative public-private ways to fund its infrastructure gap are needed. For example, much potential could be found in exploring the list of more than 1,000 projects that China's National Development and Reform Commission presented for public-private partnership in May, in sectors such as transport, water conservancy and public services.
With its new status as the international institution for public-private cooperation, the forum is committed to providing an impartial and trusted platform for this type of public-private collaboration.
The hope is that this will increase understanding among the public and private sector about the key issues driving the global agenda, as well as identifying and catalyzing innovative new solutions to improve them through public-private cooperation.
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