Today at COP27, the FAST-Infra Group (Finance to Accelerate the Sustainable Transition-Infrastructure) announced that it has chosen Bloomberg L.P. and the Global Infrastructure Basel Foundation (GIB) to serve respectively as the Data Repository and Secretariat of the FAST-Infra Sustainable Infrastructure® (FISI) Label, following a thorough and competitive selection process.
As announced at COP26 in Glasgow, the FISI Label is a consistent, globally applicable labelling system designed to identify and evaluate sustainable infrastructure projects, with the overarching objective of supporting infrastructure as a deep and liquid asset class. It stems from a multi-year effort initially promoted by the core members of FAST-Infra, including Climate Policy Initiative (CPI), Global Infrastructure Facility (GIF), HSBC, IFC, and OECD, under the auspices of the One Planet Summit. The FISI Label Working Group was co-chaired by GIF and Macquarie.