TF7 – Infrastructure Investment and Financing
MAINTAINING RESILIENT INFRASTRUCTURE SYSTEMS
ABSTRACT
Improving maintenance management and increasing investment in infrastructure maintenance makes it possible to boost the resilience of infrastructure against a variety of threats. This has a positive financial return for developed as well as developing countries. Building on the issues outlined in two seminal T20 Policy Briefs Building Resilient Infrastructure Systems (ABDI, 2020) and Evaluating Resilient Infrastructure Systems (Evans et al., 2020), this Policy Brief: (i) advocates for a global maintenance framework addressing the specificities of developed and developing countries, (ii) calls for the development of infrastructure bonds and standardised ratings that include maintenance issues, capable of securing financial resources for maintenance and (iii) draws G20 members’ attention to the issue of human resilience and the human factor to ensure the long-term maintainability of Quality Infrastructure.
AUTHORS
Caroline Evans
PIARC Technical Committee 1.4 Climate Change and Resilience of Road Networks
Alin Halimatussadiah
The Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia
Jean-Bernard Kovarik
Université Gustave Eiffel
Juan Fernando Mendoza Sánchez
Mexican Institute of Transportation
Fabien Palhol
Cerema
Fabio Pasquali
ANAS – Italian State Road Agency
Teuku Riefky
The Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia
Yusuf Sofiyandi Simbolon
The Institute for Economic and Social Research, Faculty of Economics Business, Universitas Indonesia
Monica Starnes
Transportation Research Board (TRB) Ibnu Syabri Urban and Regional Infrastructure Research Group ITB
Teguh Yudho Wicaksono
Mandiri Institute
Fauziah Zen
ERIA