Partnership for Global Infrastructure and Investment

This memorandum establishes the Biden Administration's policy and organizational framework for the Partnership for Global Infrastructure and Investment (PGII), a G7-aligned initiative to mobilize public and private financing for high-standard infrastructure projects in low- and middle-income countries. It directs a whole-of-government approach across multiple agencies, with four priority areas: climate and energy security, digital connectivity, health and health security, and gender equality and equity. The memorandum creates a Special Presidential Coordinator role, mandates specific strategy development by multiple cabinet secretaries, and requires a presidential report within 180 days.

Federal Register Open PDF 87 FR 39323

Impact dates

Dec 23, 2022
APNSA report to President on U.S. competitiveness in international infrastructure development and interagency coordination

Key directives

APNSA to submit report to President within 180 days on boosting U.S. competitiveness in international infrastructure development and improving interagency coordination
Secretary of State to direct Chiefs of Mission to use Embassy Deal Teams for infrastructure coordination
Secretary of State and Secretary of Commerce to develop strategy for Embassy Deal Teams to identify priority projects
Secretary of Commerce to develop strategy to boost U.S. competitiveness and promote U.S. equipment/services
Secretary of Treasury to develop strategy to catalyze private-sector investment
Secretary of Treasury to develop plan for engaging multilateral development banks
Secretary of Transportation to develop strategy and launch toolkit for sustainable transportation infrastructure
APNSA to lead biannual reviews of PGII progress and outcomes
Multiple agency heads to prioritize programming across four key priority areas

Timeline

Immediate

Memorandum takes effect upon signing
Special Presidential Coordinator assumes oversight role
Agencies directed to prioritize PGII support

Near term (90d)

Embassy Deal Teams to begin coordination mechanisms
Interagency strategy development begins

Long term

180-day report on U.S. competitiveness and coordination due
Biannual reviews of PGII progress to commence
Long-term infrastructure financing and project execution

Risks & tensions

Subject to availability of appropriations limits binding commitment without congressional funding
Coordination burden across 10+ agencies may create implementation friction
Competition with alternative infrastructure financing models from non-G7 actors implied but not named
Vague 'as appropriate and consistent with respective authorities' qualifiers may weaken compliance
No enforcement mechanism for private-sector mobilization goals