She went on mention TERI’s study focused on this topic, which was supported by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), and which sets the stage for the discussion. [...] Through the presentation, she gave an overview of the key bar- riers identified that the private sector faces when mobilizing finance for the resilient infrastructure and highlighted three areas where measures are needed to address the gap – namely strengthen- ing the governance landscape with appropriate policy and regulatory mechanisms, building capaci- ty to develop bankable projects and effect. [...] He emphasized on disaster risk finance for building infrastructure resilience as being a focus area of CDRI, and set the tone for the discussion by highlighting the need to address the global infrastructure financing gap, which has to be done through a collaborative approach of both public and private sector actors. [...] With this background Mr Rashmi set the stage for panelists to give their viewpoints on the key questions for guiding the discussion: • How critical is the role for private sector for addressing the issue of resilient infrastructure? • What are the primary prerequisites from policy and regulatory perspective? • What are the effective means of mobilizing finance in terms of which financing instrumen. [...] A key point from his intervention was- the neces- sity to make the information available from academic and research community, to the relevant ac- tors at the policymaking level in the government and at the institutional level with the businesses, to enable them to understand the issue and to figure out what they can do to minimize the risk, as well as develop opportunities for profit generation,.
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- Germany