Infrastructure
Latin America is at the forefront of decarbonizing the energy sector, mostly due to the innovation and commitment demonstrated by companies in the region. These energy companies, many of which are IFC clients, are deploying resources and experience in the face of unprecedented climate change impacts to support the penetration of renewable energy, increase access rates, and improve efficiency.
As sea levels rise, Tuvalu, a small archipelago in the Pacific Ocean, is slowly disappearing under water. Australia recently signed a landmark agreement with the island state that offers residency to Tuvaluans displaced by climate change – a sign of the emerging economic, geopolitical, and humanitarian implications of global warming. Tuvalu’s reckoning with its potential extinction offers a glimpse of what the future holds on a rapidly warming planet.
Climate change poses a significant threat to infrastructure, with rising sea levels, extreme weather phenomena, and escalating temperatures posing substantial physical risks. These hazards can lead to the degradation of crucial infrastructure assets, undermining social, economic, and environmental stability.
Recent analysis by EDHECInfra, as featured in the Global Infrastructure Hub’s Infrastructure Monitor report, underscores the scale of the situation. Projections based on current climate and policy scenarios indicate that by 2050, infrastructure assets could see a net value decline of 4.4% on average, and up to 26.7% in the most severe scenarios. This depreciation is a direct consequence of the lack of resilience of global infrastructure to the effects of climate change.
This year, New York City will start enforcing the most ambitious building performance standard legislation in the world. Local Law 97 (LL97), enacted in 2019, caps emissions from buildings over 25,000 square feet and applies to more than 40,000 buildings.
This International Women’s Day, it’s time for the industry to inspire inclusion, by creating more opportunities for women and for social mobility. Infrastructure is at the bottom of the table when it comes to percentage of women in the workforce, according to the World Economic Forum’s Global Gender Gap report.
During my childhood, I often used to go boating in one of Delhi’s picturesque lakes. I loved the wobbly feeling of standing on the floating jetty before boarding the boat. Little did I know that these age-old platforms could one day play a pivotal role in generating solar power, contributing to India’s transition to renewable energy.
Transportation is a hot topic in the 21st century, touching on topics ranging from achieving net zero emissions to developing inclusive urban infrastructure. But developing inclusive, climate-friendly transportation is expensive. Government budgets are strapped, and in some cases, transport projects are perceived as risky investments that give the private sector pause.
With International Women’s Day around the corner, governments as well as civil society are negotiating the advancement of women at the Commission on the Status of Women in New York. This day is also a sad reminder that equality is far from where it needs to be. Women only enjoy 64% of the same legal protection than men according to the latest Women, Business and the Law report. Women are also disproportionately enduring climate change impacts and are less able to participate in shaping mitigation and adaptation solutions.
Growing urbanization brings pressing mobility challenges, catalyzing the emergence of smart cities to revolutionize how we travel. Delve into critical insights, data, and innovative solutions that shed light on the path toward more sustainable and resilient urban environments. Read the full article by Gleison Celente on LinkedIn
São Paulo is the economic powerhouse of Brazil. With a metropolitan population of over 22 million people, it is also the largest city in the Southern hemisphere. But for low-income populations or people with a disability or other minorities with a socio-economic disadvantage, getting around the sprawling metropolis can be a challenge. Learn how the Smart Mobility Program is addressing accessibility in this World Bank blog
En una cultura donde los puestos de trabajo suelen definirse en función del sexo, un tema es que las empresas busquen contratar mujeres, y otro más desafiante es obtener resultados que transformen la naturaleza organizaciones de las empresas. Todo comienza por un cambio de percepción para comprender los tipos de trabajo que las mujeres pueden […]
Water is at the center of today’s climate and development challenges. Given that almost half the world’s rivers span national boundaries, transboundary cooperation is critical to building resilience to climate risks, improving water security, and achieving peace and stability. Read more on WorldBank.org
The once notorious Vinča landfill, with its landslides, fires and methane emissions (much more potent than carbon dioxide from a climate perspective) is undergoing a transformation that is reviving both the landscape and the lives of the nearby residents, and Serbia’s capital city.
Cheap, plentiful solar power was once a far-off dream. Today, a solar revolution is happening around the world. People, entire economies, and the planet are benefiting. Click to read the full story by The World Bank.
By 2075, nearly one-third of the world’s working-age population – 1.9 billion – will be African. This generation of young people can transform their communities and nations as they enter the workforce. Clean energy can make possible the investments, innovations, and new industries that drive jobs and bring inclusive growth and shared prosperity for all. Read […]
One of the things that keeps me optimistic is that many of the foremost climate leaders influencing political discourse at the local, national, and international levels are under the age of 29. That is why C40 Cities is supporting cities to work with youth on effective climate action that benefits all of us, and why, […]
Adriana Maria Eftimie and Mary Dominic dedicate their careers to ensuring the benefits from infrastructure operations are shared equitably within communities, including women and other underserved groups. As part of IFC’s Sustainable Infrastructure Advisory, they are working to raise the bar on how infrastructure businesses approach community development and engage stakeholders, particularly women—helping clients close […]
Women in the Middle East and North Africa (MENA) have outperformed many other regions in terms of life expectancy, infant mortality, and tertiary education. Yet, increased educational attainment has not led to an increase in their economic participation. As countries look at measures to bring more women into the workforce, public transport systems must be […]
The energy sector remains one of the least gender-diverse sectors, and the Caribbean is no exception. Girls tend to be steered away from science, technology engineering, and mathematics (STEM) fields from as early as primary school years. There remains the prevailing perception of women’s inferiority in performing more technical work and that engineering is a […]
From a macro-economic perspective, applying a gender-lens to infrastructure development would increase the total GDP in OECD countries by 2.5% by 2050. Developing safe and quality infrastructure that is gender-responsive is therefore vital to an inclusive green economy. While good practices and actions exist, many countries still face multi-faceted challenges, ranging from awareness and capacity to […]