This week, The World Bank and the GI Hub announced the GI Hub will join The World Bank’s Infrastructure Practice Group as an associated trust fund to the Public Private Infrastructure Advisory Facility (PPIAF). In connection with this shift, the Global Infrastructure Hub will cease to operate as a standalone not-for-profit organisation.
The GI Hub was formed by the G20 in 2014 as a collaboration platform with a mandate to accelerate knowledge sharing and spur partnerships between governments, the private sector, development banks, and other international organizations to implement the G20’s infrastructure agenda.
On its formation, the GI Hub was created as a not-for-profit organisation and a company limited by guarantee, incorporated under Australian law. It is this entity that will cease to operate in April 2024, before its final legal closure in mid-2024. The GI Hub has been liaising closely with its partners, vendors, and other stakeholders through this process to ensure a seamless transition to closure.
Meanwhile, the GI Hub’s data, research, programs, and deliverables will continue under the integration of the GI Hub’s workstreams into The World Bank.
For The World Bank, the integration adds the GI Hub’s new and complementary data, analytical capabilities, and connections with the private sector to support The World Bank’s work. For the GI Hub, the integration enables our expertise to reach further through The World Bank’s network of government and infrastructure decision-makers.
The GI Hub recognises its staff and thanks its talented and committed partners and stakeholders for their invaluable support and participation in GI Hub workstreams to date. We look forward to continued collaboration in this exciting new chapter. We also wish to express our sincere appreciation for the funders whose financial contributions enabled the establishment and supported the impact of the GI Hub over the past 10 years: the governments of Australia, Canada, China, Germany, Indonesia, Korea, Mexico, New Zealand, Saudi Arabia, Singapore, and the United Kingdom.
As the transition occurs, our website will be updated to provide our stakeholders with ongoing access to our resources and points of contact. For any questions, please contact us.
