The G20's Global Infrastructure Outlook, developed with multilateral development banks, estimates infrastructure investment needs and gaps across sectors and regions, emphasizing the role of _____ finance and public-private partnerships to mobilize capital.
- sovereign
- private
- charitable
- military
Answer: private
The Outlook highlights that public funds alone cannot meet the $94 trillion global infrastructure need by 2040. It advocates for enabling environments: stable policies, project preparation facilities, risk mitigation tools, and blended finance structures to attract private investment in sustainable, resilient infrastructure.