To solve the global
infrastructure funding shortfall, multilateral development
banks (MDBs) must work together, according to panellists at the
International Capital Market Association (ICMA) annual
conference in Dublin yesterday.
The World Economic Forum
estimated in 2013 that $5 trillion would be needed per year
until 2030 to fund various infrastructure projects.
Voicing concerns over the risk surrounding Chinese president
Xi Jinping’s ambitious One Belt One Road project,
panellists considered how to mitigate that risk and boost
"We need to do better," said Arunma Oteh, treasurer of the
World Bank. "Some...