127:
198:
154:
113:
The initiative sought to address the $ 40 trillion worth of infrastructure needed by developing countries by 2035. It aimed to catalyze funding for quality infrastructure from the private sector and will encourage private-sector investments that support "climate, health and health security, digital
181:
Krach announced the BDN's global trust standards, which are based on "respect for transparency and accountability, sovereignty of property and resources, local labor and human rights, rule of law, the environment, and sound government practices in procurement and financing." Under
Secretary Krach
221:
B3W was not ultimately detailed beyond the program's general goals. Following legislative difficulties in implementing the Build Back Better domestic agenda, B3W was re-branded as the
Partnership for Global Infrastructure and Investment.
102:(BRI) for infrastructure development of low- and middle-income countries. Ultimately, B3W investment was not detailed beyond the program's general principles. After difficulties in implementing the Biden Administration's domestic
342:
182:
committed $ 2 million (USD) of U.S. State
Department seed money for the steering committee and issued an invitation to other G7 members to join. On October 19, 2020, on behalf of the twelve
142:(BDN), relating to the environment and climate, labor and social safeguards, financing, construction, anticorruption, and other areas. On November 4, 2019, U.S. Under Secretary of State
210:
107:
302:
276:
147:
350:
372:
118:, a collaboration that aims to build a global network through lending-based financing to build roads, bridges, airports, ports, power plants.
422:
256:
459:
146:
formally launched the BDN with his
Australian and Japanese counterparts with access to US$ 60 billion of capital from the
488:
515:
213:(OECD) committed to support the BDN at the meeting of the latter's executive consultation group in Paris, France.
126:
197:
373:"US-Led Initiative Aims to Make Mark on Global Infrastructure Development | Voice of America - English"
328:
477:
The Belt and Road City: Geopolitics, Urbanization, and China's Search for a New
International Order
231:
99:
170:
103:
423:"Inaugural Meeting of the Blue Dot Network's Executive Consultation Group, 7 June 2021 - OECD"
480:
202:
183:
8:
510:
451:
114:
technology, and gender equity and equality". The initiative was intended to build on the
343:"Under Secretary Krach Advances Global Economic Security at Indo-Pacific Business Forum"
153:
241:
484:
455:
236:
246:
187:
139:
115:
251:
166:
131:
504:
329:"Asian Countries Welcome G7's Answer to China's One Belt, One Road Program"
158:
143:
397:
303:"G7 adopts infrastructure plan to rival China's belt and road strategy"
138:
The B3W efforts were in line with the standards and principles of the
16:
G7-proposed global economic and infrastructure development initiative
191:
95:. Launched on June 12, 2021, it would provide an alternative to
448:
Advantage China: Agent of Change in an Era of Global
Disruption
205:
medical mask while signing a memorandum regarding cooperation
96:
64:
Promote economic development and inter-regional connectivity
162:
92:
54:
211:
Organisation for
Economic Co-operation and Development
150:(DFC) at the Indo-Pacific Business Forum in Bangkok.
398:"Under Secretary Krach: Clean Vision for Three Seas"
108:
148:U.S. International Development Finance Corporation
502:
277:"G7 rivals China with grand infrastructure plan"
190:endorsed the BDN and the Three Seas Summit in
474:
121:
257:India-Middle East-Europe Economic Corridor
161:'s announcement of Blue Dot Network with
196:
152:
125:
445:
173:, and Australia's Richard Maude at the
503:
106:agenda, the B3W was re-branded as the
91:) was an initiative undertaken by the
13:
475:Curtis, Simon; Klaus, Ian (2024).
349:. 12 November 2019. Archived from
14:
527:
439:
468:
415:
390:
365:
335:
321:
295:
269:
216:
157:U.S. Under Secretary of State
1:
262:
7:
225:
10:
532:
38:; 3 years ago
68:
60:
50:
32:
24:
479:. New Haven and London:
446:Garlick, Jeremy (2024).
307:South China Morning Post
232:New Silk Road Initiative
122:Standards and principles
100:Belt and Road Initiative
516:Presidency of Joe Biden
402:U.S. Embassy in Estonia
85:Build Back Better World
20:Build Back Better World
206:
178:
135:
104:Build Back Better Plan
481:Yale University Press
347:U.S. Mission to ASEAN
209:On June 7, 2021, the
200:
156:
130:World leaders at the
129:
452:Bloomsbury Academic
353:on 30 December 2021
186:nations, President
21:
242:Equator Principles
207:
179:
136:
19:
461:978-1-350-25231-8
379:. 31 January 2020
237:The Clean Network
82:
81:
523:
495:
494:
472:
466:
465:
443:
437:
436:
434:
433:
419:
413:
412:
410:
409:
394:
388:
387:
385:
384:
369:
363:
362:
360:
358:
339:
333:
332:
325:
319:
318:
316:
314:
299:
293:
292:
290:
288:
273:
247:Blue Dot Network
201:Krach wearing a
192:Tallinn, Estonia
188:Kersti Kaljulaid
176:
140:Blue Dot Network
116:Blue Dot Network
46:
44:
39:
22:
18:
531:
530:
526:
525:
524:
522:
521:
520:
501:
500:
499:
498:
491:
473:
469:
462:
444:
440:
431:
429:
421:
420:
416:
407:
405:
396:
395:
391:
382:
380:
377:www.voanews.com
371:
370:
366:
356:
354:
341:
340:
336:
327:
326:
322:
312:
310:
301:
300:
296:
286:
284:
275:
274:
270:
265:
228:
219:
174:
124:
78:
42:
40:
37:
17:
12:
11:
5:
529:
519:
518:
513:
497:
496:
489:
467:
460:
438:
414:
389:
364:
334:
320:
294:
267:
266:
264:
261:
260:
259:
254:
252:Global Gateway
249:
244:
239:
234:
227:
224:
218:
215:
177:Business Forum
167:David Bohigian
132:2021 G7 Summit
123:
120:
80:
79:
77:
76:
72:
70:
66:
65:
62:
58:
57:
52:
48:
47:
34:
30:
29:
26:
15:
9:
6:
4:
3:
2:
528:
517:
514:
512:
509:
508:
506:
492:
490:9780300266900
486:
482:
478:
471:
463:
457:
453:
449:
442:
428:
424:
418:
403:
399:
393:
378:
374:
368:
352:
348:
344:
338:
330:
324:
308:
304:
298:
282:
278:
272:
268:
258:
255:
253:
250:
248:
245:
243:
240:
238:
235:
233:
230:
229:
223:
214:
212:
204:
199:
195:
193:
189:
185:
172:
171:Tadashi Maeda
168:
164:
160:
155:
151:
149:
145:
141:
133:
128:
119:
117:
111:
109:
105:
101:
98:
94:
90:
86:
74:
73:
71:
67:
63:
59:
56:
53:
49:
35:
31:
27:
23:
476:
470:
447:
441:
430:. Retrieved
427:www.oecd.org
426:
417:
406:. Retrieved
404:. 2020-10-21
401:
392:
381:. Retrieved
376:
367:
355:. Retrieved
351:the original
346:
337:
323:
311:. Retrieved
309:. 2021-06-12
306:
297:
285:. Retrieved
283:. 2021-06-12
280:
271:
220:
208:
180:
175:Indo-Pacific
137:
112:
88:
84:
83:
25:Abbreviation
217:Re-branding
159:Keith Krach
144:Keith Krach
511:G7 summits
505:Categories
432:2021-07-05
408:2021-07-05
383:2021-07-05
263:References
203:Three Seas
184:Three Seas
169:, Japan's
134:in England
75:Worldwide
33:Formation
226:See also
69:Location
313:14 June
287:14 June
281:Reuters
97:China's
61:Purpose
51:Founder
41: (
487:
458:
357:3 July
485:ISBN
456:ISBN
359:2021
315:2021
289:2021
163:OPIC
43:2021
36:2021
165:'s
110:.
89:B3W
28:B3W
507::
483:.
454:.
450:.
425:.
400:.
375:.
345:.
305:.
279:.
194:.
93:G7
55:G7
493:.
464:.
435:.
411:.
386:.
361:.
331:.
317:.
291:.
87:(
45:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
.jpg)
