With the rapid rate of global city growth and the concurrent demand for improved infrastructure and city services, pressure has never been greater on city leaders and managers to make smart policy and planning decisions focusing on sustainable, smart and resilient infrastructure. As today’s investment shapes the cities of tomorrow, infrastructure investment must balance the social, economic, and environmental needs of today with what will be needed fifty years from now.
A new report finds that robust city data is a prerequisite for smart policy-making and investment in, and management of, sustainable infrastructure. Cities and Sustainable Infrastructure, authored by the Global City Indicators Facility (GCIF) at the Global Cities Institute, in partnership with GDF Suez, notes that some $57 trillion is needed for investment in infrastructure over the next few decades to support economic growth and urbanization. Cash-strapped city governments, say the report authors, should make smart policy and planning decisions that are grounded in the best-available evidence.
Launched on March 10th, 2015 in Cannes France, the report finds that beyond fiscal pressures, cities face challenges as a result of rapidly urbanising populations and aging and deteriorating city infrastructure. Many cities are increasingly turning to the development of sustainable and resilient infrastructure as a long-term solution to their infrastructure challenges.
In this report, GCI, in partnership with GDF SUEZ identify the factors that should be considered when developing and delivering sustainable infrastructure in cities and the corresponding financing options and necessary tools. Please read the full report here.