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OECD Officially Launches the Blue Dot Network to Increase Quality Infrastructure Investments in Emerging Markets [ https://www.state.gov/oecd-officially-launches-the-blue-dot-network-to-increase-quality-infrastructure-investments-in-emerging-markets/ ] 04/09/2024 10:00 AM EDT
Office of the Spokesperson
Today, the Department of State applauds the establishment of the Blue Dot Network, an initiative to certify infrastructure projects that meet or exceed established standards of quality and sustainability. 
The OECD-hosted Secretariat will oversee the Blue Dot Network voluntary framework to certify infrastructure projects that meet internationally recognized standards for financial transparency, economic, environmental and social sustainability, climate resilience, and inclusiveness.  This initiative was created to unlock additional private sector financing, recognizing that quality infrastructure is a critical driver of sustainable economic growth and prosperity.
The OECD and Blue Dot Network Steering Committee – comprising the United States, Australia, Japan, the United Kingdom, Spain, Switzerland – officially launched the Blue Dot Network at the OECD Headquarters in Paris, France and welcomed that Türkiye accepted the invitation to join the Steering Committee.  OECD Secretary General Mathias Cormann, U.S. Deputy Secretary of State Richard Verma and Swiss State Secretary for Economic Affairs Helene Budliger Artieda participated in the official launch event.  These events occurred on the margins of the OECD Infrastructure Forum.
On April 8, CEOs and senior government leaders participated in a leaders’ dialogue to discuss how the Blue Dot Network can attract private sector investment into emerging markets to bridge the multi-trillion-dollar global infrastructure investment gap.  Government officials and members of the Blue Dot Network’s Executive Consultation Group – representing more than 200 organizations from the private sector, civil society, and academia – attended.
For further information, see https://www.state.gov/blue-dot-network/ and https://www.bluedot-network.org/.
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