Global Public Investment:
a Transformation in International Cooperation

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Ambition

From a narrow focus on reducing poverty to meeting broader challenges of inequality and sustainability.

Function

From seeing international public money as a temporary last resort to valuing it as a permanent force for good.

Geography

From one-directional North-South transfers to a universal effort, with all paying in and all benefitting.

Governance

From outdated post-colonial institutions to representative decision-making.

Narrative

From the patronising language of “foreign aid”, to the empowering multilateralism of a common fiscal endeavour.

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The Time is Now

As the COVID-19 pandemic threatens to set back development progress for a generation, it is clearer than ever that serious structural changes are needed to safeguard communities around the world, and the planet itself. We still haven’t worked out how to provide public goods and services effectively and fairly across the world. That’s why I wish the Expert Working Group on Global Public Investment the very best in their deliberations. The Global Public Investment approach is our best bet for modernising international public finance for the 21st century.

Rt Hon Helen Clark
Patron, Helen Clark Foundation
(former New Zealand Prime Minister and former UNDP Administrator)


About us

Expert Working Group

International cooperation has never been more needed, but the current system of “aid” is outdated and ineffective. The concept of Global Public Investment (GPI) was developed to make the case that, because of its unique characteristics, concessional international public finance continues to have a critical role in responding to current and future global challenges, but that it has to evolve fit a new context. This is not just about transforming the aid debate: it represents a new paradigm of fiscal policy for the 21st century.

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Who we are

Meet Our Steering Committee

Pascale Allotey

United Nations University – IIGH

Dr. Christoph Benn

Joep Lange Institute

Clara Bosco

CIVICUS

Milindo Chakrabarti

Jindal School of Government and Public Policy

Harpinder Collacott

Development Initiatives

Alicia Ely Yamin

Partners in Health

CONSULTATION

How to Engage Actively

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Q&A

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The Future of Aid: GPI

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