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Last month, Jane Jamieson, the Program Manager for the Quality Infrastructure Investment (QII) Partnership and the Public Private Infrastructure Advisory Facility (PPIAF), along with Khafi Weekes, Climate Infrastructure Specialist at PPIAF, and Helen Gall, Monitoring and Evaluation ETC at QII, participated in the Understanding Risk Global Forum in Himeji, Japan. Initiated in 2010, this year’s Forum was the largest yet, attracting over 1,700 Disaster Risk Management (DRM) and Climate Change Adaptation (CCA) experts and practitioners from across the globe. PPIAF and QII had a strong showing at the Forum, participating in five events, including three plenaries and two workshops.
The G20 Brazilian Presidency and the Australian Co-Chair held the third Infrastructure Working Group (IWG) meeting in Foz do Iguaçu, Brazil, in June, which consisted of five sessions: Linking Infrastructure and Poverty Reduction, Delivering Cross-Border Infrastructure, Financing Climate-Resilient Infrastructure, Infrastructure Global Trends, and Mitigating Exchange Rate Risks. Henri Blas, Program Lead for the Global Infrastructure Hub, participated in session four of the meeting focused on Infrastructure Global Trends.
Climate change poses a significant threat to infrastructure, with rising sea levels, extreme weather phenomena, and escalating temperatures posing substantial physical risks. These hazards can lead to the degradation of crucial infrastructure assets, undermining social, economic, and environmental stability. Recent analysis by EDHECInfra, as featured in the Global Infrastructure Hub's Infrastructure Monitor report, underscores the scale of the situation. Projections based on current climate and policy scenarios indicate that by 2050, infrastructure assets could see a net value decline of 4.4% on average, and up to 26.7% in the most severe scenarios. This depreciation is a direct consequence of the lack of resilience of global infrastructure to the effects of climate change. The consequences of inaction are far-reaching, affecting not just the financial performance of assets, but also the economic, environmental, and social fabric of communities worldwide. One promising strategy to mitigate these risks involves the adoption of a systemic resilience metrics (SRM) framework tailored specifically to infrastructure.
Today we released two new supplements to our Infrastructure Monitor report, focusing on the role of blended finance and environmental, social, and governance (ESG) factors in infrastructure investment. These latest updates, developed in partnership with Convergence and GRESB, offer a comprehensive examination of both areas, providing valuable insights for infrastructure professionals.
The Edinburgh City Centre Transformation Program is a multi-million-dollar investment to improve community, sustainability, and cultural life. It is an ambitious plan for a vibrant and people-focused capital city centre, one that creates attractive, liveable public spaces, with sustainable and active travel made as easy as possible and with people’s overall health, wellbeing, and happiness at centre-stage.
Birkdale is a coastal locality in the City of Redland, Queensland Australia. Jacobs was engaged by Redland City Council to provide social impact and social value measures for input into the Master Plan for the 62-hectare Birkdale Community Precinct.
A GI Hub program that brought together eight multilateral development banks in a partnership to accelerate technology solutions for sustainable roads in emerging markets has been featured in the non-profit, climate-focused publication Grist.
The GI Hub has today published Infrastructure Monitor 2023. This year’s edition reveals the mixed state of private investment in infrastructure, where positive trends like strong investment, growing use of sustainable finance, and resilient financial performance exist alongside challenges like low levels of capital raised and persistent disparities between high-income countries and other countries.
This week, the GI Hub joined nine other global organisations in issuing a call to action to heads of state, policymakers, and multilateral development bank (MDB) officials to scale up private investment in emerging markets and developing countries (EMDCs) to fight climate change and deliver on Sustainable Development Goals (SDGs).
What are nature-based solutions, and what role do they play in meeting SDGs and the transition to net zero?
Sam Barr outlines several opportunities for decisionmakers at COP28 to commit to delivering infrastructure for social equity.
The GI Hub’s Sam Barr has authored an article that looks at the US Inflation Reduction Act, its explicit shift toward protectionism, and how it may provide an opportunity for the US to be a global leader in a just green energy transition.
GI Hub is today releasing new analysis of investment data from more than 250 long-term infrastructure plans across 25 G20 economies.
The GI Hub is working with governments and other stakeholders to define transition pathways for infrastructure to meet net zero and sustainable development goals.
The GI Hub collaborated with eight multilateral development banks on a systematic approach to scaling up technology solutions for sustainable roads.
We ask the Miundo Misingi Hub’s Founder and Chief Executive Officer, Johnson Kilangi, for his views on how sustainable and socially responsible projects yield long-term benefits, and how capacity building is key to improving infrastructure development and inclusive growth across Africa.
Vicki Cerullo, Acting Executive Director, New York City (NYC) Mayor’s Office of Climate & Environmental Justice, explains the city’s latest action plan for a cleaner, greener, and more just city, and outlines the plan’s key initiatives, and achievements.
Our CEO has contributed an article to the G20 India: The 2023 New Delhi Summit publication, alongside articles by country leaders, heads of international organisations, and other experts.
Learn how the transition pathways for sustainable infrastructure link long-term sustainability goals with infrastructure plans.
EyeRADAR provides a game-changing solution for managing slop stability, enhancing safety, and reducing the risks associated with linear infrastructure projects.