Abstract
Twenty-first century infrastructure needs to respond to changing demographics, becoming climate neutral, resilient, and economically affordable, while remaining a driver for development and shared prosperity. However, the infrastructure sector remains one of the least innovative and digitalized, plagued by delays, cost overruns, and benefit shortfalls. The authors assessed trends and barriers in the planning and delivery of infrastructure based on secondary research, qualitative interviews with internationally leading experts, and expert workshops. The analysis concludes that the root-cause of the industry’s problems is the prevailing fragmentation of the infrastructure value chain and a lacking long-term vision for infrastructure. To help overcome these challenges, an integration of the value chain is needed. The authors propose that this could be achieved through a use-case-based, as well as vision and governance-driven creation of federated digital platforms applied to infrastructure projects and outline a concept. Digital platforms enable full-lifecycle participation and responsible governance guided by a shared infrastructure vision. This paper has contributed as policy recommendation to the Group of Twenty (G20) in 2021.
Subject
Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development
Reference84 articles.
1. Towards Sustainable Infrastructure Development: Drivers, Barriers, Strategies, and Coping Mechanisms
2. Transition Management for Sustainable Development: A Prescriptive, Complexity-Based Governance Framework
3. Transition from an efficiency-driven economy to innovation-driven: A secondary analysis of countries global competitiveness;Vares;Eur. J. Econ. Financ. Adm. Sci.,2011
4. From Efficiency-Driven to Innovation-Driven Economic Growth: Perspectives from Singapore;Tan,2005
5. The Global Competitiveness Report. Special Edition 2020: How Countries are Performing on the Road to Recovery;Schwab,2020
Cited by
20 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献