US Advances Sustainable, Resilient Infrastructure

Department of State

The text of the following statement was released by the Governments of the United States of America and France.

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As a result of the December 6, 2023, Sustainable Infrastructure Panel hosted at the French pavilion at the Conference of the Parties 28 (COP 28), the Blue Dot Network (BDN) and Finance to Accelerate the Sustainable Transition - Infrastructure (FAST-Infra) are pleased to announce their plans to collaborate and cooperate in their efforts to offer innovative solutions that will catalyze private sector investment in quality, sustainable, and climate-resilient infrastructure projects. Both BDN and FAST-Infra align with the G20 Principles for Quality Infrastructure Investment, seeking to reduce the multi-trillion dollar infrastructure gap and accelerate the race to achieve global net-zero emissions. Initiatives such as BDN and FAST-Infra contribute to the further development of sustainable infrastructure as an asset class.

The Blue Dot Network and FAST-Infra Group (FIG) are working toward interoperability between the two initiatives and plan to assess a project using both BDN and FIG methodologies to identify complementary areas for mutual recognition.

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