In the field of infrastructure development, the G20 focuses on efforts to expand private participation, capacity building, and financing cooperation among the Multilateral Development Banks (World Bank, ADB, IsDB, AIB, and others), as well as the development of InfraTracker 2.0 that allows the public and private sectors to play a role in the post-Covid-19 transformation on infrastructure investment.
To help low and middle-income countries recover from the impact of the Covid-19 pandemic and global turmoil, the G20 agreed to establish a Pandemic Prevention, Preparedness, and Response Financial Intermediary Fund (PPR FIF) facility with funding commitments from donors of more than USD1.4 billion, a restructuring program external debt of debtor countries in Africa through the Common Framework (CF), as well as commitments from IMF member countries to channel part of the Special Drawing Rights (SDRs) allocation of USD81.6 billion (from the target of USD100 billion) into the fund.