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Title Beyond the gap : how countries can afford the infrastructure they need while protecting the planet / Julie Roxenberg and Marianne Fay, editors
Published Washington, DC : World Bank Group, [2019]

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Description 1 online resource (xx, 175 pages) : illustrations, maps
Series Sustainable infrastructure series
Sustainable infrastructure series.
Contents Overview Key Messages; Introduction; How Much New Infrastructure Is Needed? Scenario Approaches Allow for Informed Policy Making; Operations and Maintenance Play a Major Role in Costs; In Sum -- 1. Making Infrastructure Needs Assessments Useful and Relevant. Key Messages; Introduction; Why Is Estimating Infrastructure Needs So Difficult?; A Framework to Make Infrastructure Investment Needs Assessments Useful; In Sum -- 2. Water, Sanitation, and IrrigationKey Messages. Introduction; Water and Sanitation: MDG or SDG Makes All the Difference; Irrigation: A Question of How Much to Expand; In Sum -- 3. Power. Key Messages; Introduction; Universal Access Costs Are Driven by Policy Choices regarding the Strategy to Increase Access; Factoring Climate Change into Investment Needs Estimates; South America: Bringing Climate and Demand Constraints Together; In Sum -- 4. Transport. Key Messages; Introduction; Rural Accessibility; Urban Transport; Global Transport Needs; In Sum -- Annex 4A: Transport Investment Can Have Positive Impacts on Welfare but Hide Negative Impacts for Some Actors and for the Environment -- 5. Flood Protection. Key Messages; Introduction; Costing Coastal and River Flood Protection Strategies; Future Investment Costs Depend on Construction Costs and Risk Aversion; How Different Regions Fare Depends on the Protection Strategy; Protection Strategies Should Budget for Long-Term Maintenance Expenses; In Sum -- 6. Infrastructure and Disruptive Technologies. Key Messages; Introduction; New Technologies Are Enabling Disruptions and Transformations; New Technologies Could Give Rise to Very Different Futures; What Governments Can Do (and Avoid Doing); In Sum -- Annex 6A: Methodology to Derive the Three Scenarios -- Technical Appendix. Boxes; Figures; Maps; Tables
Summary "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."--Provided by publisher
Bibliography Includes bibliographical references
Notes Online resource; title from PDF title page (EBSCO, March 11, 2019)
Subject Infrastructure (Economics) -- Developing countries
Sustainable development -- Cost effectiveness
BUSINESS & ECONOMICS -- Infrastructure.
SOCIAL SCIENCE -- General.
Infrastructure (Economics)
Developing countries
Form Electronic book
Author Rozenberg, Julie, editor.
Fay, Marianne, editor.
ISBN 9781464813641
1464813647