Global Infrastructure Resilience: Capturing the Resilience Dividend
Andrew Maskrey, Bina Desai, Garima Jain, Mabel Marulanda, Aromar Revi, Amir Bazaz, Karen Bennett, Michael Furniss, Mark Weinhold, Balaji Singh Chowhan, Prashant Hedao, Claudia Canfield , Pam Foster, Fleur Wouterse, Ysabella Goedhart, Gul Tucaltan, Sioux Fanny Melo Leon, Chris Dickinson, Ben Vickers, Nicholas Chow | 2023
Description
Infrastructure resilience is a critical global challenge. In lower income countries, a huge and widening infrastructure deficit conspires against social and economic development and the achievement of the Sustainable Development Goals (SDGs). Weak infrastructure governance leads to premature obsolescence of much of the infrastructure that exists. Disaster loss and damage associated with geological and climate related hazards is increasing, meaning that vital investments are diverted to repair, rehabilitate, and reconstruct existing infrastructure assets. At the same time, the transition to net-zero economies is gaining momentum in sectors such as energy and transport, mandating radical changes in the way infrastructure is developed and used.
This first Biennial Report on Global Infrastructure Resilience: Capturing the Resilience Dividend from the Coalition for Disaster Resilient Infrastructure (CDRI) brings together for the first time a unique body of evidence to make a compelling economic, political, and financial case to radically upscale investment in infrastructure resilience. The Global Infrastructure Risk Model and Resilience Index (GIRI) developed by a consortium of scientific and technical organizations, has generated, for the first time ever, a suite of publicly available financial risk metrics for each country and territory in the world, for all major infrastructure sectors and for most major hazards.