HBS Institute for Business in Global Society的动态

The Chicago Council on Global Affairs has detailed the significance of #PresidentBiden’s #infrastructure plan, and its role in rejuvenating the #Midwest economy. Also in the report, five areas of focus are identified including: ? Growing post-pandemic economy ? Promoting economic inclusion through infrastructure ? Constructing sustainable solutions for climate changes ? Enhancing broadband connectivity ? Modeling resilient transport & logistics systems Read more via Michigan Live: #MidwestUrbanStrategies #MidWest #Infrastucture #Investment #economicgrowth

Infrastructure investments are often justified by an evaluation of the benefits they will bring, but there hasn't been a focus on how those benefits are distributed. Using traditional methods, if two projects have the same cost and one generates $1,000 in benefits for a person whose annual income is $250,000, it would win out against the project that generates $750 in benefits for a person who makes $30,000 a year. My HDR colleagues Cathy LaFata and Christopher Behr set out to solve that problem by developing a new method to assess the value of an investment that controls for income, allowing for a comparison of the relative benefits of investments that take the context of the communities in which the investment is being made into account. When you have this type of information in hand, you can make more informed and more equitable decisions about which projects are prioritized. Read the interview here: https://lnkd.in/dD-mrtfg #Transportation #InfrastructureEquity

Rapid technology advances, growing stakeholder complexities, and evolving societal and environmental issues are just some of the factors reshaping the infrastructure industry. With traditional approaches now outdated, infrastructure CEOs have to adapt—and fast. What made infrastructure CEOs successful in the past will no longer suffice: communication skills outweigh construction skills, public credibility is more important than ever, and ambition must be balanced with strategy. There is considerably more private equity money in infrastructure than there was five years ago. This has led to more severe financial pressures for CEOs because many funds are now looking for returns over a shorter period of time. There is also more scrutiny on infrastructure organizations from the public and in the media. With the spotlight intensifying, organizations are more vulnerable than they used to be—and CEOs need to respond mindfully.

I'm very happy to share the recent publication of "Infrastructure as Business The Role of Private Investment Capital," by James McKellar. James, it's been a privilege to learn from you--I'm sorry for the late congratulations! Bringing new emphasis and clarity to the importance of private investment capital in large-scale infrastructure projects, this book ambitiously aims to bridge the "infrastructure gap" by elucidating shared terminology, conceptual frameworks, and an alignment of goals and objectives between public and private sectors. It offers essential preparation to meet the increasing environmental, social, and governmental requirements for infrastructure in coming years. #privateinvestment #infrastructure #publicpolicy #esg #publicprivatepartnerships #urbanplanning #realestatedevelopment Routledge Built Environment Routledge Taylor & Francis Group https://lnkd.in/g6DDPEpf

??? 2023's Top Infrastructure Stories: A Year of Progress and Promise ?? Shining Beacon: Amidst a turbulent year, infrastructure stood out as a pillar of strength in the construction industry, boasting a growing backlog while other sectors faced challenges. ?? Federal Boost: The infusion of funds from the Infrastructure Investment and Jobs Act invigorated projects across the nation, marking a significant stride forward. ?? Policy Milestones: Key updates to the Davis-Bacon Act and the Build America, Buy initiative underscored the White House's commitment to bolstering and reshaping the sector's landscape. 2023 was a landmark year for infrastructure, charting a course of growth and transformation. Stay tuned for more insights and in-depth stories. #Infrastructure2023 #ConstructionTrends #PolicyImpact

TRANSLATION | A PRIORITIZATION TOOL FOR PUBLIC-PRIVATE PARTNERSHIPS IN ECONOMIC AND SOCIAL INFRASTRUCTURE PLANNING The concept of #infrastructure #planning involves the identification of investment needs (gap calculations), existing resources (public and private) to meet these needs, as well as strategies for their development. To design multi-year and multi-sector #infrastructure #plans require action strategies for their implementation, so, it is essential to design mechanisms that allow them to be implemented, evaluate different dimensions of the projects, and establish a series of #criteria to align needs with resources, priorities, and timeframes. According to the Inter-American Development Bank (2020) and The World Bank (2019), every dollar invested in infrastructure can generate between $2-4 dollars of output, so we must guarantee greater efficiency in public spending, motivate an active participation of the private sector, and generate portfolios of well-prepared projects, that respond to the interests of the population (good, efficient, socially inclusive and climate resilient) and promote efficient and sustainable development. The purpose of this document is to generate and organize a series of criteria that may be useful for #selecting and #prioritizing #multisectoral #portfolios of #PublicPrivatePartnerships based on the following: 1.?To prepare feasible and affordable projects. 2.?To measure projects’ impact in terms of innovation and socioeconomic implications. 3.?To develop a sustainable infrastructure framework (institutional, social, and, environmental and climate resilient). If you would like to delve into the selection and prioritization of PPP projects, I invite you to read the publication: https://lnkd.in/gTig8uuv I want to thank Gaston Astesiano (PPP Team Leader) and the superb colleagues that collaborated in the Document, Ancor Suárez Alemán, Marcos Siqueira, Pilar Castrosin, Daniel Vieitez-Martínez (IDB) and Fernando García Canales, Pablo Sebastián and Fernando Llorente Galán (Deloitte). #infrastructure #sustainableinfrastructure #inclusiveness #resilientinfrastructure #innovation.

The transformative, generational #infrastructure investments made in the Inflation Reduction Act, the Infrastructure Investment and Jobs Act and the CHIPS and Science Act will reverberate with opportunities for years to come. Perhaps most exciting are the new good paying jobs to come, right here in America. But as this article sets forth, the opportunities are distressingly not equally accessible to all at the moment. It’s incumbent upon all of us to prioritize #workforcedevelopment so that EVERYONE has the opportunity to meet the challenges of tomorrow.

As someone who had lived in the UK for over two decades, I found this super insightful but worrying too. We are at a pivotal moment in shaping the UK's infrastructure future. BCG's latest study pinpoints where we're falling behind: costly, time-consuming projects that aren't based around well-defined outcomes. The implications are profound. With every delayed and over-budget project, we're missing opportunities for growth, innovation and societal advancement. Our study goes beyond identifying the problems. We delve into the root causes, from an unhelpful aversion to risk which ironically creates more uncertainty in the supply chain. But there's a path forward. Our report makes nine clear recommendations for the industry. Join us in exploring these findings and take part in the conversation for a more efficient and innovative infrastructure landscape. Access the full report here: https://lnkd.in/eAhrv7hJ #Infrastructure #BCGintheUK

A great post and call from Susan Segal for action on infrastructure investment in Latin America & the Caribbean region; but why after more than three decades progress has been so slow, what is needed to make it possible? Understanding that money is not the problem (nor the solution) and understanding that opportunities abound - what could be done? 1) Last year, in partnership with Universidad Externado de Colombia, we conducted a few Capstone projects that highlighted the key challenges and solutions for a regional strategy that we are currently socializing with governments, capital market regulators, investors, MDBs, and PDBs, to name a few. Here are some of the most obvious problems a) From Iqaluit to Patagonia, there are?39 currencies?currently in official use in the Americas ...and maybe six (6) decent capital markets making hard (harder) for local and foreign investors to participate in the investment process. b) As highlighted in our Capstone projects, the majority of cities / municipalities (95 %) have little capacity to Design and Structure projects that take into consideration the disclosure requirements and investment filters that are now required by investors. c) Projects that would have the most impact are normally smalls therefore harder to finance (at low cost).....but could be pooled to reduce risk. d) Only 500 cities (in the world) have obtained a rating for investment; in Latin America less than 10 cities are actually investment ready. Tons of other small regulatory changes need to take place for Latin America that will need strategy and tactics - collaboration and cooperation will be key! Over the past few years, we have been working quietly with leaders from MDBs, NDBs, capital market regulators, and expert in Fintech (and TechFin) to implement a regional strategy. #latam #infrastructure #nearshoring https://lnkd.in/eEFuz5Di

Rethinking Infrastructure Efficiency in the UK ?? We are at a pivotal moment in shaping the UK's infrastructure future. BCG's latest study pinpoints where we're falling behind: costly, time-consuming projects that aren't based around well-defined outcomes. The implications are profound. With every delayed and over-budget project, we're missing opportunities for growth, innovation and societal advancement. Our study goes beyond identifying the problems. We delve into the root causes, from an unhelpful aversion to risk which ironically creates more uncertainty in the supply chain. But there's a path forward. Our report makes nine clear recommendations for the industry. Join us in exploring these findings and take part in the conversation for a more efficient and innovative infrastructure landscape. Access the full report here: https://lnkd.in/dQqqVAUH #Infrastructure #BCGintheUK