Day 1 Highlights of the G20 Working Group Meeting in Vizag
Day 1 of the second G20 Infrastructure Working Group meeting under the G20 India Presidency concluded on March 28, 2023, in Vishakhapatnam. The meeting was attended by 57 delegates from 14 member countries, 8 guest countries, and 10 international organizations. The G20 IWG meetings are aimed at furthering the discussions on the 2023 infrastructure agenda under the Indian G20 Presidency.
On Day 1 of the IWG meeting, discussions focused on the flagship priority, "Financing Cities of Tomorrow: Inclusive, Resilient, and Sustainable," along with other priorities outlined in the 2023 Infrastructure Agenda. The flagship theme of "Financing Cities of Tomorrow- Inclusive, Resilient, and Sustainable" discussed various facets of making cities economic centres of growth, financing urban infrastructure, building future-ready urban infrastructure, etc. The meeting also discussed other important themes, such as innovative financing models to scale up private sector investment to address the infrastructure financing gap for creating future cities and discussing the potential application of the Quality Infrastructure Investment (QII) indicators across infrastructure projects.
On the sidelines, the meeting was also complemented by a roundtable of international organizations to discuss infrastructure taxonomies. Over 13 international experts discussed the role of infrastructure definitions and taxonomies in making better data-driven decisions. The side event witnessed the participation of experts from key international organizations such as UNDP, OECD, IMF, ADB, and EBRD. Representatives from the National Institute of Statistics and Geography (INEGI), Mexico, and the Office for National Statistics, United Kingdom, presented case studies on improving national infrastructure spending.
In the evening, the delegates were also hosted for "Ratri Bhoj Par Samvad’ (Conversation over Dinner) to provide an opportunity to enjoy the rich cultural heritage of Andhra Pradesh and relish the local cuisines. Overall, the delegates had productive meetings and enjoyed the cultural experiences that Visakhapatnam had to offer.