Book

Beyond the Gap : How Countries Can Afford the Infrastructure They Need while Protecting the Planet

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collection.link.317
https://openknowledge.worldbank.org/handle/10986/31290
collection.name.317
Sustainable Infrastructure
dc.contributor.author
Rozenberg, Julie
dc.contributor.author
Fay, Marianne
dc.contributor.editor
Rozenberg, Julie
dc.contributor.editor
Fay, Marianne
dc.contributor.other
Fox, Charles J.E.
dc.contributor.other
Leifman, Michael M.
dc.contributor.other
Lopez-Alascio, Blanca
dc.contributor.other
Nicolas, Claire
dc.date.accessioned
2019-02-15T16:04:47Z
dc.date.available
2019-02-15T16:04:47Z
dc.date.issued
2019-02-19
dc.date.lastModified
2021-04-23T14:05:01Z
dc.description.abstract
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.
en
dc.identifier.isbn
978-1-4648-1363-4
dc.identifier.uri
http://hdl.handle.net/10986/31291
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Sustainable Infrastructure;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
INFRASTRUCTURE
dc.subject
CLIMATE RESILIENCE
dc.subject
SUSTAINABLE DEVELOPMENT
dc.subject
INFRASTRUCTURE INVESTMENT
dc.subject
WATER AND SANITATION
dc.subject
IRRIGATION
dc.subject
ENERGY
dc.subject
CLIMATE CHANGE
dc.subject
TRANSPORT
dc.subject
URBAN TRANSPORT
dc.subject
FLOOD RISK MANAGEMENT
dc.subject
DISRUPTIVE TECHNOLOGY
dc.title
Beyond the Gap
en
dc.title.subtitle
How Countries Can Afford the Infrastructure They Need while Protecting the Planet
en
dc.type
Book
en
okr.crossref.title
Beyond the Gap: How Countries Can Afford the Infrastructure They Need while Protecting the Planet
okr.date.disclosure
2019-02-19
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1363-4
okr.identifier.internaldocumentum
211363
okr.identifier.report
134795
okr.imported
true
en
okr.language.supported
en
okr.topic
Environment :: Climate Change Mitigation and Green House Gases
okr.topic
Environment :: Climate Change and Environment
okr.topic
Infrastructure Economics and Finance :: Infrastructure Finance
okr.unit
GGSCE

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