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    The Public and Hidden Prospects of “The Partnership for Infrastructure and Global Investment”

    READ IN: عربي

    The 2015-2030 Sustainable Development Goals (SDGs) is one of the most important plans that seek to save the world from the deterioration that it suffered in the wake of the Industrial Revolution, and the two world wars witnessed by the twentieth century that differed in their methods from all previous wars; When the first atomic bomb in the history of mankind was detonated, after which nuclear tests continued in the east and west of the earth, and its dangers and heavy legacy increased little by little; Perhaps the cement dome in the Marshall Islands and the nuclear waste it contains is one of the greatest dangers that afflict the world, according to (Guterres) – the Secretary-General of the United Nations – which calls for the solidarity of all on the face of the earth in a conscious integrated manner that seeks to accumulate funding resources, and elevates itself through the exchange of knowledge and experiences; For the success of the plan presented in the research above, through the real adoption of the contents and objectives of the goal (17) and its objectives; And what it entails of multiple stakeholder initiatives undertaken by governments, international organizations, major groups, and all other parties under the name of stakeholders.

    One of those initiatives was announced by US President Joe Biden. Its title is the Partnership for Global Infrastructure and Investment, which came as a major output from the last G7 summit at the end of last June 2022, which was held in the German Bavarian Alps to discuss sustainable development partnerships and how to find effective solutions to alleviate the problems facing the countries of the world; The dialogues revolved around many issues, the most important of which are: ((reconstruction of Ukraine, global economic recovery, climate problems, promoting democracy, and infrastructure investments)). In an effort by the rich industrial countries of the North to enhance the international reality of sustainable development, and to address the infrastructure in the developing countries of the South (according to the declared goals of the initiative). Which was received as a modified version of the Build Back Better World (B3W) initiative announced after the (G7) Summit last year 2021.

    What is “Partnership for Global Infrastructure and Investment”:

    The partnership on global infrastructure and investment goes back to the vision of the electoral program of current US President Joe Biden, and his interest in the issue of climate change, unlike the administration of his predecessor, Donald Trump; Which he confirmed by crowning his first act upon his arrival at the White House after taking the constitutional oath by issuing a series of executive orders, including a decree returning the United States to the Paris climate agreement, after which he declared, “We will fight climate change as we have not done here before.” With an ongoing effort to mobilize $600 billion in financing by 2027; To provide transparent infrastructure projects that allow changing the reality in the targeted developing countries within a new global partnership that is neither aid nor charitable work. Rather, through an investment that will bring returns to all, including the American people, and strengthen all economies, in the words of the president who initiated the plan. He explained that his plan mobilizes strategic investments in vital areas of sustainable development and common global security, with a US contribution of $200 billion. The White House also confirmed its release of a fact sheet intended to address the public. It states that the United States seeks to provide a sustainable, high-quality infrastructure that allows making fundamental differences in the lives of the simple people, strengthening and diversifying supply chains, and creating job and business opportunities for the American citizen, thus enhancing the national security of the United States through four areas illustrated by the following chart: