All eyes were on Russia and Ukraine during the recent G-7 summit in Germany. However, the war was far from the only problem on the G-7’s docket. In fact, the summit started with a breakthrough of a plan on an entirely different matter: the need for clean energy infrastructure investments in developing countries.
The initiative, the Partnership for Global Infrastructure and Investment (PGII), aims to deploy $600 billion to counter China’s Belt and Road Initiative (BRI), a global infrastructure agenda that is difficult to measure reliably but which has likely committed $1.9
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