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As countries announce major infrastructure packages to stimulate their post-pandemic recovery, the sector faces two substantial and related challenges: climate change and a funding shortfall, writes Marie Lam-Frendo, Chief Executive Officer of the Global Infrastructure Hub.
carbon emissions in the 44 Organisation for Economic Co-operation and Development (OECD) and the Group of Twenty (G20) countries were priced at EUR 30 per tonne of carbon dioxide (CO2), the minimum price level to start triggering meaningful abatement efforts. An increase in effective carbon rates by EUR 10 per tonne CO2 is estimated to reduce emissions by 7.3% on average over time.
The interactive workshop was a lively and comprehensive overview of how the circular economy can be a framework for economic growth solutions and highlighted the roles that governments around the world can play to enable circularity in infrastructure.
UAE Ministry of Energy and Infrastructure in collaboration with the University of Sharjah, intended to develop new asphalt binder specifications for the UAE to help mitigate the environmental impacts of climate change by building a climate model and running different Intergovernmental Panel on Climate Change (IPCC) scenarios.
Fukuoka City is one of the most prominent cities in Japan today
Renewable energy is being used in multiple forms these days. Construction companies, especially those involved in large projects, also have an impact on the environment.
Is ESG investment just a passing fad? What is the future of China’s Belt and Road Initiative? And does the Covid-19 pandemic mean we must reassess climate change targets? Our CEO Marie Lam-Frendo answers questions on the future of infrastructure.
In just a few years, ESG, also known as sustainable or responsible investing, has moved from a slightly idealistic nicheto front-page, a mainstream dimension for investors, one that strongly influences the performance and resilience of their investment over time. This is particularly the case in infrastructure, in view of its wide reaching and long-term consequences for the community.
Focused on the electricity system, BloombergNEF s (BNEF s) New Energy Outlook (NEO) combines the expertise of over 65 market and technology specialists in 12 countries to provide a unique view of how the market will evolve. Each year BNEF makes a number of changes to NEO as they strive to improve the completeness and complexity of their analysis. Click on the link to BNEF s website to see the 10 key findings.
The Climate and Disaster Risk Screening Tools developed by the World Bank, provide a systematic, consistent, and transparent way of considering short- and long-term climate and disaster risks in project and national/sector planning processes.
This OECD paper provides a stocktake of investor practices and adoption of Environmental, Social, and Governance (ESG) in their investment processes.
The Navigator – a web-based platform – helps project teams, public authorities and financiers to find the right sustainable infrastructure tool from amongst 50+ rating systems, high-level principles and guidelines.
The circular economy is now core policy for a growing number of countries with leadership from Finland, the European Union and Canada, but it is also taking a strong hold in Asia as Japan and China implement circular economic policies to transition them to a sustainable inclusive future.
This paper introduces the Smart Region Index to assess local infrastructure gaps in Central, Eastern and South-Eastern Europe (CESEE) regions compared with the EU.