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What is Global Infrastructure Basel (GIB)?
Global Infrastructure Basel (GIB) Foundation is a Swiss foundation based in Basel working to promote sustainable and resilient infrastructure through sustainable infrastructure design and financing on a global scale. Active since 2008, GIB works with multiple stakeholders ranging from city representatives to project developers and infrastructure financiers. GIB has the vision that infrastructure – be it an energy plant, a transit infrastructure or a water utility – should not only deliver its service efficiently but also in a way that helps towards tackling the world’s largest sustainability challenges stemming from population growth, rapid urbanisation, social inequalities, excessive use of finite resources and carbon-intensive lifestyles. GIB’s work thus pushes for transformative actions in the field of infrastructure development and finance to contribute to sustainable development and the strengthening of community resilience.
GIB helps to meet the challenge of designing, implementing and financing sustainable infrastructure projects particularly but not exclusively during the early stage of the project cycle. As an independent, not-for-profit foundation, its work focuses on:
- The GIB Standard for Sustainable and Resilient Infrastructure, providing a voluntary sustainability standard for infrastructure projects around the world;
- The GIB Resilience and Sustainability Credit Rating, making the added value of sustainability accessible for investors and particularly institutional investors;
- The GIB approach to making the Infrastructure Asset Class more sustainable by providing measurement and backtracking of performance indicators; and
- GIB capacity building with selected partners such as city representatives, project developers and financing institutions.
The GIB Foundation also organises the annual GIB Sustainable Infrastructure Summit. The next and 5th GIB Summit will take place in Basel, Switzerland on the 27th & 28th May 2015.
“At GIB, there are other mayors from other parts of the world and it is important to exchange ideas on that level (…) we have the opportunity to engage industry and funders for some of our projects”
“We support GIB because it brings together the different stakeholders, particularly cities which are looking for financing and investors.”
“GIB was an important point for us in terms of engaging with the investment community. We were able to develop a longer lasting dialogue with a number of banks which had mutual benefit.”
“The GIB event was very important for me. It added a lot of value to my programme and greatly increased our knowledge. I also met many investors and consultants through this event.”
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