Build Back Better World (B3W)

➖ Intended economic initiative by the USA and pre announced in the context of the Group of Seven (G7).

➖ This US initiative is designed to provide an alternative to China’s Belt and Road Initiative (BRI) for the infrastructure development of low- and middle-income countries.

➖ B3W efforts are in line with the standards and principles of the Blue Dot Network (BDN), relating to the environment and climate, labor and social safeguards, financing, construction, anticorruption, and other areas.