Infratech Value Drivers
The 2020 G20 Presidency mandated the Infrastructure Working Group (IWG) to develop an agenda to accelerate the adoption and application of technology-enabled infrastructure (InfraTech). This agenda supports two existing IWG initiatives, the Roadmap...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/934871596088657028/Infratech-Value-Drivers http://hdl.handle.net/10986/34320 |
| Summary: | The 2020 G20 Presidency mandated the
Infrastructure Working Group (IWG) to develop an agenda to
accelerate the adoption and application of
technology-enabled infrastructure (InfraTech). This agenda
supports two existing IWG initiatives, the Roadmap to
Infrastructure as an Asset Class, and the G20 Principles for
Quality Infrastructure Investment (QII). Technology supports
the roadmap by providing enhanced data, tools, and
transparency for investors. In addition, it creates new
investment opportunities by creating new markets, business
models and potential for enhanced revenues. InfraTech also
supports QII, as many technologies maximize the positive
impact of infrastructure by enhancing sustainability,
inclusivity, and resilience. The potential economic
efficiencies that new technologies offer also help attain
value for money across the project lifecycle and potentially
reduce upfront or recurring public financial outlays.
InfraTech also provides valuable tools for governments to
respond to the COVID-19 health and economic crisis. This
Reference Note supports the InfraTech Agenda endorsed by the
G20 Infrastructure Working Group by outlining the potential
economic, social, and environmental value to countries
generated by adopting InfraTech solutions. It also provides
a framework for evaluating the benefits of these solutions
against their costs and risks. This paper focuses on the
transport, energy, water, and digital infrastructure sectors. |
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