Sustainable Infrastructure Investment: Webinar

GIIA was delighted to recently host a webinar with Richard Threlfall, Global Head of Infrastructure and Global Head of Impact at KPMG looking at Sustainable Infrastructure Investment and the critical role that private and public infrastructure investment has to build a better future, the relationship between infrastructure and the UN’s sustainable
development goals, emerging infrastructure trends and the skills and talent gap in infrastructure.

Click here to read a summary of this event

For more information on GIIA’s ESG and Sustainability Working Group please contact Jon Phillips 

Roundtable with Financial Secretary to the Treasury

As part of GIIA’s engagement with the UK Government, we recently hosted a virtual round table meeting with Financial Secretary to the Treasury Rt Hon Jesse Norman MP and a number of our investor members to discuss the need to resolve the mechanisms through which government can access private investment to enable the delivery of infrastructure in the UK.
The roundtable touched on three key areas of discussion; existing funding models, the scope for new vehicles, and blockers to investment. GIIA members expressed the importance of ensuring that the UK remains an attractive investment destination and the important role that private investors can play in supporting the delivery of key strategic government policies such as the UK’s commitment to Net Zero by 2050 as well as the levelling up agenda.
Both sides have committed to a continued dialogue with a follow up meeting to be scheduled later in the Autumn.
To learn more about GIIA’s UK Policy work, please contact John Kavanagh

GIIA welcomes CMA provisional findings

Helpful steps taken by the Competition and Markets Authority in their provisional findings on the review of water price controls

Lawrence Slade, Chief Executive, GIIA said:

“It is important that regulation ensures that consumers across the country pay a fair price for their utilities, whilst at the same time making sure that the UK is able to attract the level of investment required to address resilience to climate change impacts and meet the UK’s legally binding commitment to achieve Net Zero carbon emissions by 2050. These issues will require extensive investment in the UK’s infrastructure over the coming decades and the associated costs must be fairly allocated to provide inter-generational equity between current and future consumers.

The CMA’s provisional findings indicate that some adjustments are needed to Ofwat’s price determinations in order to achieve the right balance, and we agree. GIIA will be submitting further evidence in response to the CMA’s provisional findings and we will continue to encourage the Government, Regulators and Investors to create the necessary environment to meet the UK’s future water and energy needs at the same time as achieving a fair deal for all consumers.”

Webinar: Private infrastructure investment & post-pandemic recovery

On Tuesday, September 15th, GIIA hosted a webinar as part of the United for Infrastructure week of events to discuss how private investment in infrastructure can support both the post-pandemic economic recovery and longer term infrastructure challenges in the United States.

We were joined by an expert panel, including:

* DJ Gribbin, Former Special Assistant to President Trump on infrastructure policy and currently Senior Operating Partner at Stonepeak
* Michele Nellenbach, Director, Bi-Partisan Policy Centre
* David Agnew, Managing Director, Macquarie Infrastructure & Real Assets
* Tom Osborne, Executive Director, IFM
* Olivier Renault, Managing Director North America, CDPQ

Please click the link below to watch the webinar. 

 

GIIA welcomes new CBI report ‘Investing in Infrastructure’.

GIIA was pleased to contribute to the CBI’s new report titled ‘Investing in Infrastructure – Sourcing the Finance to Build Back Better’.

We welcome the acknowledgement of the vital role that private investment plays in delivering the modern, efficient and socially responsible infrastructure needed for future generations and the 13 recommendations the report makes.

In particular GIIA welcomes those recommendations calling on the Government to provide more clarity around the role they see for private investment in delivering many of the nation’s major infrastructure projects.

Speaking on the release of the report, GIIA CEO Lawrence Slade said:

“At a time when Government spending is rightly focused on both the social and economic recovery from the coronavirus pandemic, the private sector has the expertise and innovative ideas, and  stands ready to help address the UK’s long term infrastructure challenges while playing a significant role in the UK’s economic recovery.”

The full CBI report can be viewed here