Filling the infrastructure gap: drawing inspiration from down under?
Infrastructure expert and practitioner Luke Houghton, from Deloitte Australia, summarizes the beat-the-clock agenda that underpins most policies aiming at increasing capital investment in public assets.
This is in the context of the Global Infrastructure Hub’s work to help fill the infrastructure gap. The GIH is a G-20 initiative that strives to harness competencies across public and private sectors.
A common ambition across countries and multinational organisations is to meet the increasing infrastructure need in the face of sustained population growth and urbanisation, changing technologies and service needs, and the social-environmental ambitions of the United Nations Sustainable Development Goals.
In order to facilitate a thorough assessment of the market conditions and the institutional framework preparedness, the Global Infrastructure Hub worked collaboratively with a number of infrastructure specialists to develop an investment framework assessment tool.
This tool named InfraCompass2020 aggregates data for more than 80 countries around the world
collectively representing 93% of global GDP and 86% of the world population. It aims to help governments and policy specialists assess where a country is performing well and where there are opportunities for improvement, allowing them to identify policies that will lead to better public and private infrastructure investment.
To access the tool, method and underlying data: Click here
The Decide forthcoming working group on Capital Investment in Health will soon delve into this tool and report on the Decide community. Watch out!