Energy Transition Infrastructure Forum 2023 | Investment Innovation Institute | 21 November 2023 | Melbourne Vic, Australia
Venue
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| Event Date |
Wed Nov 22 AEDT (about 1 year ago)
In your timezone (EST): Tue Nov 21 8:00am - Tue Nov 21 8:00am |
| Location | Melbourne Vic, Australia |
| Region | APAC |
Details
According to the OECD, there is a significant gap between total projected infrastructure needs and trends in infrastructure investment.
It estimates USD $6.3 trillion per year is required under business-as-usual just to meet the infrastructure needs for continued economic development, while global investment was estimated to be USD $3.4 trillion in 2014.
This translates to an additional need for USD $3+ trillion a year of investments into climate related infrastructure.
In a report co-written with the Inter-American Development Bank, Mercer proposed that to develop sustainable infrastructure, we must reduce about 30% investments from traditional energy infrastructure, with similar increases into energy efficiency and low-carbon core infrastructure