Despite the widespread acceptance among governments and private sectors on the importance of infrastructure on continued economic progress, the inadequate provision of critical infrastructure services is emerging as one of the most significant risks to development. Existing physical and digital infrastructures are under stress from population growth and face challenges from extreme weather and climate change. In a scenario where infrastructure is underdeveloped to meet current needs, communities most vulnerable to climate change face an even greater threat.
As we strive to achieve the United Nation’s Sustainable Development Goals of universal provision of clean water, sanitation and electricity in emerging markets, as well as upgrade the infrastructure in the developed markets, the level of required investment is expected to double or treble over the next decade. The global infrastructure required by 2040 is estimated at around US$ 97 trillion. However, following current spending trend, the actual investment by 2040 is estimated at $79 trillion, indicating a shortfall in infrastructure investment. In the current circumstances, with the right information on the when and where of infrastructure needs in the future, this gap can be addressed.
With over 5 decades of work on this sector, FSI can fill this knowledge gap and help governments and businesses plan and execute infrastructure projects based on research over time and across geographies. In addition to funding and supporting critical infrastructures around the globe, we will leverage our multi-sectoral knowledge to identify priority projects and innovative financing approaches to be a catalyst of change.Infrastructure