GIB Foundation and IIFCL sign MoU to accelerate sustainable infrastructure financing

The Global Infrastructure Basel Foundation (GIB) and India Infrastructure Finance Company Limited (IIFCL) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in advancing sustainable, resilient, and high-quality infrastructure.

The agreement was formalised last week on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, underscoring a shared commitment to scaling sustainable finance solutions at a global level.

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Building on GIB’s long-standing expertise in sustainability standards, infrastructure assessment, and market development, the partnership aims to enhance India’s pipeline of bankable, climate-aligned infrastructure projects.

Through the MoU, both organisations will work together to:

• Develop frameworks and methodologies that support the identification and preparation of sustainable infrastructure projects.
• Promote best practices and capacity building for financial institutions and project developers in India.
• Facilitate access to sustainable finance, leveraging global networks and innovative financing instruments.
• Support alignment with internationally recognised standards, such as the FAST-Infra Label, to increase transparency and investor confidence.

For GIB, this MoU represents a natural extension of its mission to advance resilient and sustainable infrastructure solutions worldwide. For IIFCL, the collaboration strengthens its role in supporting India’s climate goals by deepening its strategic engagement with global sustainability initiatives.
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The signing follows GIB Foundation’s growing portfolio of international partnerships—including recent agreements with major industry associations—to accelerate the mainstreaming of sustainable infrastructure finance.

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