Global Public Investment.

The idea. A new paradigm for international public finance: permanent, universal and fairly governed. It replaces the logic of charity with the logic of shared investment in challenges that affect everyone, from health and climate to social protection.

• All benefit. International public finance supports goals that matter to every country.
• All contribute. Every country contributes according to its capacity.
• All decide. Every country has a say in decisions.

GPI keeps concessional finance for the poorest and most fragile countries while adding fair-share contributions and new finance for global public goods. It ends the old divide between donors and recipients, gives countries of the South a real voice in how money is raised and spent, and presents public money spent across borders as an investment with returns for everyone.

Where it stands. Co-created over a decade with experts, governments and organisations, and supported by funders such as the Ford Foundation, the Hewlett Foundation and the Gates Foundation, GPI was launched at the UN General Assembly in 2019 and set out in Jonathan Glennie's The Future of Aid: Global Public Investment (Routledge). It is now being put into practice through the Building Global Public Investment platform.