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Apr
2013
19

CGI Joins With Conference of Mayors to Promote Infrastructure Investment

In their continued efforts to promote investment in infrastructure, the Clinton Global Initiative (CGI) has announced their new Infrastructure Financing for Cities Taskforce (IFC Taskforce) which will help cities fund projects to create jobs across the nation. The IFC Taskforce is a joint effort of the Clinton Global Initiative and the United States Conference of Mayors. Former President Bill Clinton will help lead the IFF and Chicago Mayor Rahm Emanuel will serve as its chair.

“The Infrastructure Financing for Cities Task Force is committed to creating jobs by ensuring that communities coast-to-coast have the necessary infrastructure to compete in the global economy,” said President Clinton. “I look forward to working with these dedicated, far-sighted mayors to achieve that goal.”

The task force hopes to help cities attract investment in public infrastructure projects. Mayor Emanuel has been on the cutting edge of infrastructure finance having created the Chicago Infrastructure Trust in 2012 with help from President Clinton. Before becoming Mayor of Chicago Emanuel was a key player in infrastructure during the Clinton and Obama Administrations:

“A sound infrastructure is crucial to driving job creation and giving families the opportunity to pursue brighter futures for their children and I am very pleased that the Conference of Mayors is making infrastructure development a priority,” said Mayor Emanuel. “I know I speak for each of the mayors on the Task Force when I say that we look forward to working with and gaining insight from President Clinton on this critical issue, so we can make real progress towards sound infrastructure nationwide.”

“Improving infrastructure in cities has been a top priority for the U.S. Conference of Mayors and we are proud to partner with the Clinton Global Initiative on this important issue,” said Philadelphia Mayor and USCM President Michael Nutter. “Mayor Emanuel is the perfect person to lead the nation’s mayors through this new task force and help us accomplish what is necessary to strengthen the backbone of this nation, our country’s infrastructure.”

To date, 17 mayors have joined the taskforce. Their combined constituency governs over 17 million people. They include:

Chicago Mayor Rahm Emanuel, Chair, Indianapolis Mayor Greg Ballard, Jacksonville Mayor Alvin Brown, Oklahoma City Mayor Mick Cornett, Louisville Mayor Greg Fischer, Charlotte Mayor Anthony Foxx, Denver Mayor Michael B. Hancock, New Orleans Mayor Mitch Landrieu, San Francisco Mayor Edwin Lee, Redmond, WA Mayor John Marchione, Philadelphia Mayor Michael Nutter, Houston Mayor Annise Parker, Oakland Mayor Jean Quan, Baltimore Mayor Stephanie Rawlings-Blake, Atlanta Mayor Kasim Reed, Mesa, AZ Mayor Scott Smith, and Los Angeles Mayor Antonio R. Villaraigosa.

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