Pathways for global infrastructure resilience
This White Paper summarizes some of the key challenges that need to be addressed to strengthen global infrastructure resilience. It draws on evidence from the new Global Infrastructure Risk Model and Resilience Index (GIRI, 2023) to highlight how these challenges manifest in different income and regional geographies and infrastructure sectors.
The paper states that most of the infrastructure required by 2050 in LMIC has yet to be built. This represents both a challenge as well as an opportunity. The challenge is to identify a compelling political and economic imperative to upscale investment in infrastructure resilience. The opportunity is that the dividend that can be obtained from investing in infrastructure resilience, including avoided loss and damage, reduced service disruption, wider social, economic, and environmental co-benefits, and reduced systemic risk, often represents several times the additional cost over the asset lifecycle.
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