A crucial ingredient of development is to bring the opportunities of the information age to emerging economies, and to assist them in becoming part of the global economy. The minerals sector can make a significant contribution to sustainable economic development, if necessary reforms are identified and implemented that attract and maintain investment in the sector. The oil and gas sector is a significant driver of economic recovery and growth, typically performing well below its potential in emerging economies. Tapping the full potential includes investments in both production and consumption, and a substantial reform agenda that protects the public interest. Transport is a key part of development.
Water is essential to life.
Universal access to efficient, responsive and sustainable water and sanitation services is a key element of the agenda to alleviate poverty, protect the environment, stimulate growth through private investment, ensure local participation, and promote good governance. PPI Growing experience shows that private sector participation in infrastructure can improve the quality and quantity of infrastructure services, while reducing the burden on constrained public finances for governments that are changing from being service providers to being facilitators and regulators.