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Are you ready for a challenge? Recent estimates say that around 75% of the infrastructure that will be in use in 2050 doesn’t yet exist. This means immense global infrastructure investment needs for decades to come, all in the context of the need for Climate Action, Sustainable Energy for All, and the post-2015 Agenda for Sustainable Development.

The 4th Global Infrastructure Basel (GIB) Summit is tackling this challenge by laying the groundwork for the financing of economically, environmentally and socially sustainable infrastructure.

VIENNA, 13 December 2013 – The United Nations Industrial Development Organization (UNIDO) and the Austrian Development Agency (ADA), the operational unit of the Austrian Development Cooperation, signed agreements to support the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and to set up three more centres in East and Southern African and in the Caribbean region.

The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE), in partnership with the USAID Regional Clean Energy Investment Initiative (RCEII), the Climate Technology Initiative Private Financing Advisory Network, the African Development Bank (AfDB), the ECOWAS Bank for Investment and Development (EBID), the West African Development Bank (BOAD, in French), and the Africa Biofuel and Renewable Energy Company (ABREC), organized the ECOWAS Renewable Energy Investment Week, from 8 to 10 October 2013 in Accra, Ghana.