Session 4 - Breakout B: Building Infrastructure Decision-Making and Management Capacity

Oct 11, 2022 | 12:30 PM - 2:00 PM
Room CC10

Description

The green transition will require new skills and capabilities in infrastructure planning and delivery, including decision-making and prioritisation at the project level, and project and PPP preparation and tender drafting that clearly capture government expectations and objectives. New skills are also required to deliver innovative new infrastructure such as renewable electricity generation. These could involve advanced asset management techniques and adopting new technologies that enable countries to reduce embodied emissions from infrastructure by prolonging the lives of existing assets. This could also require as well as financial skills such as selecting the most appropriate financing mechanism for the needs of each infrastructure project, creating financial incentives to maintain assets, and measuring and reporting ESG results to sustainable investors. To ensure infrastructure is part of a decarbonised future, it is crucial that government build and retain necessary capacity and knowledge to deliver high levels of service while also meeting emissions reduction targets.