Establishing the Hub is a significant and practical initiative by the G20 to progress its infrastructure agenda and further engage with the private sector. The Hub will report to the G20 and work collaboratively with governments, international organisations, developments banks and the private sector.
The Hub has a four year mandate from G20 Leaders focused on:
The Hub was registered as a not-for-profit company under Australian law on 24 December 2014. It will be governed by an International Board of directors, comprising:
The GI Hub is impartial to funding source, having broad-based funding and support for our approved mandate from across G20 governments and major multilateral institutions.
The Australian Government is contributing AU$30 million to the GI Hub until 2018. Additional financial and in-kind resources totaling an additional AU$20million have been pledged in formal Memoranda of Understanding (MoU) by:
All countries, regardless of whether they are members of the G20, are able to work with the GI Hub and access our insights and resources.
Our expert staff engage daily with private sector leaders, multilateral development banks, and government infrastructure policy teams across the Asia-Pacific, Africa, the Americas and Europe to facilitate knowledge-sharing, promote leading practice and highlight opportunities for reform.
The Global Infrastructure Hub was announced in November 2014 and registered as a not-for-profit entity under Australian law in December 2014. During 2015, our Board appointed Chris Heathcote as CEO, our business plan was endorsed by the G20 Meeting of Finance and Central Bank Deputies, and our offices were established in Sydney, Australia.
We’ve set ourselves the ambitious goal to become a leading reference on infrastructure best practices by 2019, developing market-changing new resources and mechanisms embraced by the public and private sectors. We aim to enable a transformation in infrastructure outcomes: a fuller pipeline of bankable projects delivering more productive economies and more livable communities.
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