Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet
Beyond the Gap: How Countries Can Afford the Infrastructure They Need while Protecting the Planet aims to shift the debate regarding investment needs away from a simple focus on spending more and toward a focus on spending better on the right objectives, using relevant metrics. It does so by offerin...
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| Language: | English |
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Washington, DC: World Bank
2019
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| Online Access: | http://hdl.handle.net/10986/31291 |
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okr-10986-312912021-04-23T14:05:01Z Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet Rozenberg, Julie Fay, Marianne Rozenberg, Julie Fay, Marianne Fox, Charles J.E. Leifman, Michael M. Lopez-Alascio, Blanca Nicolas, Claire INFRASTRUCTURE CLIMATE RESILIENCE SUSTAINABLE DEVELOPMENT INFRASTRUCTURE INVESTMENT WATER AND SANITATION IRRIGATION ENERGY CLIMATE CHANGE TRANSPORT URBAN TRANSPORT FLOOD RISK MANAGEMENT DISRUPTIVE TECHNOLOGY Beyond the Gap: How Countries Can Afford the Infrastructure They Need while Protecting the Planet aims to shift the debate regarding investment needs away from a simple focus on spending more and toward a focus on spending better on the right objectives, using relevant metrics. It does so by offering a careful and systematic approach to estimating the funding needs to close the service gaps in water and sanitation, transportation, electricity, irrigation, and flood protection. Exploring thousands of scenarios, this report finds that funding needs depend on the service goals and policy choices of low- and middle-income countries and could range anywhere from 2 percent to 8 percent of GDP per year by 2030. Beyond the Gap also identifies a policy mix that will enable countries to achieve key international goals—universal access to water, sanitation, and electricity; greater mobility; improved food security; better protection from floods; and eventual full decarbonization—while limiting spending on new infrastructure to 4.5 percent of GDP per year. Importantly, the exploration of thousands of scenarios shows that infrastructure investment paths compatible with full decarbonization in the second half of the century need not cost more than more-polluting alternatives. Investment needs remain at 2 percent to 8 percent of GDP even when only the decarbonized scenarios are examined. The actual amount depends on the quality and quantity of services targeted, the timing of investments, construction costs, and complementary policies. Finally, investing in infrastructure is not enough; maintaining it also matters. Improving services requires much more than capital expenditure. Ensuring a steady flow of resources for operations and maintenance is a necessary condition for success. Good maintenance also generates substantial savings by reducing the total life-cycle cost of transport and water and sanitation infrastructure by more than 50 percent. 2019-02-15T16:04:47Z 2019-02-15T16:04:47Z 2019-02-19 Book 978-1-4648-1363-4 http://hdl.handle.net/10986/31291 English Sustainable Infrastructure; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
INFRASTRUCTURE CLIMATE RESILIENCE SUSTAINABLE DEVELOPMENT INFRASTRUCTURE INVESTMENT WATER AND SANITATION IRRIGATION ENERGY CLIMATE CHANGE TRANSPORT URBAN TRANSPORT FLOOD RISK MANAGEMENT DISRUPTIVE TECHNOLOGY |
| spellingShingle |
INFRASTRUCTURE CLIMATE RESILIENCE SUSTAINABLE DEVELOPMENT INFRASTRUCTURE INVESTMENT WATER AND SANITATION IRRIGATION ENERGY CLIMATE CHANGE TRANSPORT URBAN TRANSPORT FLOOD RISK MANAGEMENT DISRUPTIVE TECHNOLOGY Rozenberg, Julie Fay, Marianne Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet |
| relation |
Sustainable Infrastructure; |
| description |
Beyond the Gap: How Countries Can Afford the Infrastructure They Need while Protecting the Planet aims to shift the debate regarding investment needs away from a simple focus on spending more and toward a focus on spending better on the right objectives, using relevant metrics. It does so by offering a careful and systematic approach to estimating the funding needs to close the service gaps in water and sanitation, transportation, electricity, irrigation, and flood protection. Exploring thousands of scenarios, this report finds that funding needs depend on the service goals and policy choices of low- and middle-income countries and could range anywhere from 2 percent to 8 percent of GDP per year by 2030.
Beyond the Gap also identifies a policy mix that will enable countries to achieve key international goals—universal access to water, sanitation, and electricity; greater mobility; improved food security; better protection from floods; and eventual full decarbonization—while limiting spending on new infrastructure to 4.5 percent of GDP per year. Importantly, the exploration of thousands of scenarios shows that infrastructure investment paths compatible with full decarbonization in the second half of the century need not cost more than more-polluting alternatives. Investment needs remain at 2 percent to 8 percent of GDP even when only the decarbonized scenarios are examined. The actual amount depends on the quality and quantity of services targeted, the timing of investments, construction costs, and complementary policies.
Finally, investing in infrastructure is not enough; maintaining it also matters. Improving services requires much more than capital expenditure. Ensuring a steady flow of resources for operations and maintenance is a necessary condition for success. Good maintenance also generates substantial savings by reducing the total life-cycle cost of transport and water and sanitation infrastructure by more than 50 percent. |
| author2 |
Rozenberg, Julie |
| author_facet |
Rozenberg, Julie Rozenberg, Julie Fay, Marianne |
| format |
Book |
| author |
Rozenberg, Julie Fay, Marianne |
| author_sort |
Rozenberg, Julie |
| title |
Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet |
| title_short |
Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet |
| title_full |
Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet |
| title_fullStr |
Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet |
| title_full_unstemmed |
Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet |
| title_sort |
beyond the gap : how countries can afford the infrastructure they need while protecting the planet |
| publisher |
Washington, DC: World Bank |
| publishDate |
2019 |
| url |
http://hdl.handle.net/10986/31291 |
| _version_ |
1764473988447207424 |