The Global Infrastructure Resilience Report assesses infrastructure preparedness and resilience to disasters and was released by the Coalition for Disaster Resilient Infrastructure (CDRI).
Key Findings and Synopsis of the CDRI Report
For key infrastructure sectors like transportation, energy, telecommunications, water, and health, the Global Infrastructure Risk Model and Resilience Index (GIRI) offers financial risk metrics.
Investment Shortfall: By 2050, $9. 2 trillion per year in investment is needed to address global infrastructure gaps and climate change resilience
Climate risks include earthquakes, tsunamis, cyclones, floods and droughts, all of which can have impacts on infrastructure.
Governance challenges Poor infrastructure governance is a key barrier in many LMICs to resilience efforts.
Favorable Results from the Study:
The report contributes to international cooperation through bringing together governments, financial institutions and multilateral agencies. To close the investment gap in resilience, more public and private capital is required. To guarantee robust infrastructure planning, nations must implement data-driven policies.AI, big data, and remote sensing should be used to assess infrastructure risk in real time.
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