IISD in the news

The promise of nature-based infrastructure

In a world grappling with climate change and rapid urbanisation, the role of infrastructure in driving economic and social development cannot be overstated. Global infrastructure needs are immense, with Oxford Economics estimating that a staggering $3.7tn investment is needed annually. To close this gap, countries must increase the proportion of their GDP dedicated to infrastructure. Yet considering that infrastructure is responsible for 79% of total greenhouse gas emissions, according to the United Nations Office for Project Services, it is imperative that new projects not only bridge the infrastructure gap, but do so sustainably and with a low carbon footprint.

December 4, 2023

IISD in the news details

Topic
Infrastructure
Nature
Focus area
Economies