US President Joe Biden and other Elmau G7 leaders launch a partnership for infrastructure investments. The goal, according to a statement from the White House, is to mobilize $ 600 billion by 2027, together with the partners of the G7. The US is expected to invest $ 200 billion over the next five years, including transfers, federal funding and private capital. Among other things, the aim is to finance “resilient” infrastructures in the face of climate change, “transformative” energy technologies and to develop integrated value chains to develop clean energy sources, develop ICT networks, promote equality and gender equity. .
“We must consolidate the use of trusted technologies, so that our online information cannot be used by autocrats to consolidate their power and repress the peoples,” said Biden, presenting the global partnership to the Elmau G7, with statements to the press. for infrastructure and investments, which already includes, he says, “dozens” of projects around the world.
“It is up to us to give a powerful boost to investments in the world: we will demonstrate once again that democracies are ready”, said the President of the European Commission Ursula von der Leyen, presenting the partnership for investments and infrastructures in the world to the G7.
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