Read about our portfolio of sectors and the type of work we conduct in each


Find out more about what we do in economic consulting and our company history


Learn more about working at CEPA, our latest vacancies and how you can contribute to our work

News & insights

Date: June 2021 | Sector: Infrastructure | Expertise: Public policy & strategy

The new Build Back Better (B3W) initiative

In light of the recent announcements from the G7 regarding the new Build Back Better (B3W) initiative, we have prepared a briefing note that is available to download. CEPA's viewpoint focuses on how G7 countries can mobilise private finance for infrastructure in lower and middle income countries. Our briefing discusses three enhanced approaches compared with the status quo, namely:

  1. Prioritising the role of institutional capital in financing operational projects, by focusing DFI risk capital resources on project development and construction finance, prior to exiting to institutional investors.
  2. Encouraging greater involvement by local sponsors and investors, both equity and debt (from institutional investors) so that tariffs can be set in local currency, minimising exchange rate risk.
  3. Optimising the point at which private capital is introduced to projects, in order to expedite project development and implementation.

We would welcome your feedback about our note and invite you to contact us should you want to find out about how we could support you in relation to these and any other related matters.

Download PDF

To find out more, please contact our experts listed below.

Mark Cockburn
Managing Partner United Kingdom