Ambitions Beyond Growth- Economic and Social Survey of Asia-Pacific Region” by UN ESCAP 2019 reveals that achieving the Sustainable Development Goals by 2030 would require an annual additional investment of $1.5 trillion for Asia-Pacific developing countries – equivalent to five per cent of their combined GDP in 2018, or about four per cent in terms of the annual average GDP for the period 2016-2030.
Infrastructure can play a significant role in economic recovery of the post-COVID world. It's critically important for coronavirus stimulus measures to focus on projects that not only grow the economy, but also anticipate the impact of future risks, particularly climate change.
Infrastructure is one of the least technologically transformed sectors of the economy and there is a global consensus that our industry needs innovation to solve big challenges like the resilience of infrastructure during future pandemics, the rise of climate change, urbanisation, and an ageing population
With signs of increasing international cooperation on climate change, including the Biden Administration’s commitment to halve America’s net greenhouse gas pollution by 2030, we may finally see new levels of momentum for transnational or cross-border renewable energy projects, which the United Nations has cited as required for the achievement of Sustainable Development Goal 7: Affordable and Clean Energy.
The Global Infrastructure Hub (GI Hub) strives to be an organisation where the different backgrounds and perspectives of our people contribute to diversity of thought and approach, enabling us to better live our values and achieve our mission. This diversity includes gender diversity with an awareness of our particular ability to bring attention to the need for gender equality and inclusion in infrastructure.
The GI Hub is helping ‘connect the dots’ among governments, technology providers, and investors to scale up technological adoption and seize the opportunity for more sustainable roads. Here, we discuss why this is important and what we aim to achieve.
The pandemic increased inequalities among vulnerable people and highlighted gaps in access to financing and services in every country. Simultaneously, the climate crisis is still at ‘code red’. From every vantage point, it is clear that we need to get the most possible out of the unprecedented level of infrastructure as a stimulus.
The widespread recognition by infrastructure fund managers, lenders and investors of the importance of ESG principles appears only to have strengthened since the global pandemic. The distinct shift continues, from useful consideration to future-focused must-have.
To mark International Women’s Day 2023 we invited infrastructure students from University College London to quiz GI Hub leaders on how innovation and technology can advance gender equality.