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Innovating Infrastructure is a new podcast from the GI Hub that showcases new and emerging technology-based solutions to infrastructure challenges. Hosted by GI Hub’s Director of Thought Leadership, Monica Bennett the ten-part series delves deep into these solutions to find out how they will create impact towards a more resilient future.
Join the GI Hub and G20 Italian Presidency for the two-day InfraChallenge 2021 final, featuring sessions with expert guest speakers exploring technological innovations and their role in creating resilient infrastructure, and the final of the InfraChallenge competition with live announcement of the 2021 winner.
In this panel discussion, participants will be introduced to approaches to attracting institutional investors and mobilising capital markets, hearing solutions and lessons learnt from recent projects in India and South Africa.
The US Senate has passed the $1 trillion Infrastructure Investment and Jobs Act, the ‘historic’ bill promises vital investment in areas from roads, bridges and trains to broadband access and clean drinking water.
What role should an Infrastructure Commission play in Northern Ireland? Could it help build a pathway to net zero? And what signal would it give to the private sector? GI Hub speaks to Kirsty McManus and Richard Johnson of Northern Ireland's Ministerial Advisory Panel on Infrastructure for answers on these questions and more.
To increase its global competitiveness, Brazil created an ambitious strategy to attract more private investment in its infrastructure. A partnership with the Global Infrastructure Hub helped Brazil implement and realise this strategy.
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.
In 2021, the Global Infrastructure Hub published the findings of a survey of G20 members that collected case studies and examples of projects or programs that demonstrate the benefits of QII or exemplify good practice in their countries or in recipient countries. This survey was undertaken at the request of the G20 Infrastructure Working Group (IWG). It can be accessed here.
The discount rate used for project selection varies widely between developed and developing countries, and international institutions from 3% to 15%. The environmental, social and environmental benefits of transformative infrastructure projects are often not comprehensively captured.
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.
In 2018, the City of Nice in southern France signed a 25 year contract with IDEX to design, finance, realise, operate, and maintain a heating and cooling network as well as to implement a smart grid for energy efficiency. IDEX is implementing this project in the 500,000m2 Nice Meridia district, which is home to office space, retail, leisure, housing, schools, and a hospital.
Delivering quality infrastructure will increasingly become a key priority for governments globally, requiring substantial investment from both the public and the private sectors.
InfraChallenge 2021 invited ideas for building and maintaining better, more resilient infrastructure. Today we announce the Top 10 competitors.
Infrastructure projects are capital-intensive and emerging countries often rely on private investment to implement them. As projects generate revenues in local currency (usually escalated by local inflation), the mismatch between the revenues and the debt service in foreign currency represents a major risk. Without a reliable mechanism to properly mitigate the foreign exchange (FX) risk, relevant sources of potentially long-term and less expensive funding are not accessible. A deep assessment of the FX risk and the development of innovative mitigatory solutions is critical to amplify the offer of long-term credit facilities for infrastructure financing.
In March 2021, the Global Infrastructure Hub (GI Hub) and Infrastructure Australia hosted the inaugural International Forum of Infrastructure Bodies (I-Bodies). The golden thread running throughout the forum was the pivotal role I-Bodies play in either strategic planning for infrastructure or funding and financing infrastructure in their jurisdictions.
Transparency International Australia is launching a new project to identify the loopholes that enable corruption to thrive in the infrastructure sector in the Asia-Pacific region. The first step in this project is the development and testing of a new tool, to help understand corruption risks in transnational infrastructure projects in the Asia-Pacific region. The Infrastructure Corruption Risk Assessment Tool will help its users identify, assess and address corruption risks in the process of approving infrastructure projects. The global demand for infrastructure, and many governments’ eagerness to facilitate large volumes of infrastructure spending, means this tool comes at a critical time. Many countries, including the UK, Australia and France, as well as countries in the Asia-Pacific, have responded to the economic downturn caused by the coronavirus pandemic with commitments to boost infrastructure spending. While this increased funding is welcome, it comes with an increased risk of corruption.
Sidewalk Infrastructure Partners (SIP) and a set of founding partners, have recently launched the Innovative Infrastructure Initiative (I³); a new consortium championing and accelerating transformative infrastructure projects in America that use technology and innovation to meet pressing infrastructure needs.
On 3 June, the Italian G20 Presidency in collaboration with the OECD and D20 Long-Term Investor Club, hosted an Infrastructure Investors Dialogue: Financing Sustainable Infrastructure for Recovery. The objective of the dialogue was to leverage ongoing efforts to advance collaboration between the public and private sectors, with a particular focus on unlocking further investment and sustainability. A range of leading experts joined and contributed to the session including Global Infrastructure Hub CEO Marie Lam-Frendo.