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Infrastructure Financing for Sustainable Development in Asia and the Pacific

image of Infrastructure Financing for Sustainable Development in Asia and the Pacific

The development of quality, sustainable, and resilient infrastructure is an important goal of the 2030 Agenda. However, investment in infrastructure in most countries in Asia and the Pacific is insufficient. Developing countries in the region have substantial investment needs in transport, ICT, water and sanitation and energy to attain the Sustainable Development Goals (SDGs). This publication highlights the infrastructure financing landscape and addresses how developing countries in the region can increase infrastructure investment by focusing on the challenges they face along topical areas. Special attention is made to improve public sector efficiency and catalyze private sector involvement to achieve the SDGs.

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Infrastructure financing challenges of landlocked developing countries and small Island developing states in Asia and the Pacific

The land-locked developing countries (LLDCs) and small island developing States (SIDS) of Asia and the Pacific are two groups of economies that span a diverse range of geographical and climatic conditions, as well as differing economic profiles, infrastructural frameworks and financing capacities. There are 12 LLDCs in Asia: Afghanistan, Armenia, Azerbaijan, Bhutan, Kazakhstan, Kyrgyzstan, the Lao People’s Democratic Republic (Lao PDR), Mongolia, Nepal, Tajikistan, Turkmenistan, and Uzbekistan. More than half are transition economies. Similarly, there are 14 SIDS in Asia and the Pacific: Fiji, Kiribati, Maldives, Marshall Islands, the Federated States of Micronesia (Micronesia (FS)), Nauru, Palau, Papua New Guinea, Samoa, Solomon Islands, Timor-Leste, Tonga, Tuvalu, and Vanuatu.

English

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