Mind the gap — unlocking investment in infrastructure
One of the biggest economic challenges facing governments and developers around the world is how to meet the growing demand for infrastructure development.
It has been estimated that $3.2tn (£2tn) will be needed each year for the next 15 years to fund infrastructure development. However, the shortfall in available funds is significant — estimated at $500bn annually. So governments and businesses share an interest in identifying the causes and finding solutions to close this funding gap. The B20 group, which brings together business leaders from the G20 countries, asked the six largest international accounting networks to come together to analyse the issue and develop practical recommendations that would promote more long-term investment from non-government sources in infrastructure.
A panel of experts from the six largest international accounting networks has now published a report focused on possible accounting and corporate reporting reforms that could help attract increased private financing…
Click on the link below to read the rest of the KPMG briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.