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In a recent video interview, Nathalie Gaullier, label’s Global Programme Manager at the Global Infrastructure Basel (GIB) Foundation, shared important details about the critical role of infrastructure in achieving the Sustainable Development Goals (SDGs) by 2030. She discussed the gaps in financing sustainable infrastructure projects and how the FAST-Infra Label aims to provide the solution to this issue.
Nathalie highlighted the need for an annual investment of $6.3 Trillion to meet the SDGs within the next decade. Essential goals such as providing clean water (SDG 6), sustainable energy (SDG 7), and resilient infrastructure (SDG 11) are currently underfunded, creating a significant gap that needs to be filled. This massive scale of investment is crucial for global progress towards these goals.
The FAST-Infra Label plays a key role in overcoming the investment barriers. It is a tool designed to streamline and secure investments by building on existing frameworks, making it easier to fund infrastructure projects, especially in emerging markets and developing economies. As Nathalie shared: “Currently, 70% of infrastructure investment occurs in developed countries, indicating a need to redirect funds towards areas and countries that are in dire need of development”.
The FAST-Infra Label helps reduce the perceived risks associated with investing in developing regions. It certifies projects that meet standards of sustainability, resilience, and regenerative capacity, thus attracting investors looking for viable and responsible opportunities.
GIB, Secretariat of the label, is hosting a Webinar on May 14th: “Unveiling the Updated FAST-Infra Label Framework” that will offer further details on how to obtain the FAST-Infra Label and connect with key stakeholders in the project and investment sectors. This webinar is an opportunity for individuals and organisations interested in sustainable infrastructure to gain valuable insights and engage with experts.