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This report discusses the estimated $1 trillion annual global infrastructure gap and provides recommendations on how U.S. agencies and multilateral development banks can better incentivize private-sector investment in global infrastructure.

This study--the result of a collaboration between CSIS and the JICA Research Institute in Japan--reviews U.S. and Japanese public and private approaches to innovation, including building innovation ecosystems and promoting smart cities technology. It also presents two case studies that explore a specific innovative technology and its development impact. First is innovation-enabling platforms, including the Bohol Fabrication Lab, in the Philippines. Second is innovative approaches to urbanization, including a smart cities approach, in Jakarta, Indonesia. The report discusses challenges and...