Search

Begin New Search Topic COVID-19 Author Carlo Secchi

1. The Global Quest for Sustainability: The Role of Green Infrastructure in a Post-Pandemic World

Author:
Carlo Secchi and Alessandro Gili
Publication Date:
07-2021
Content Type:
Special Report
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
In the aftermath of the pandemic, global demand for infrastructure is booming. National plans around the world show that infrastructure is likely to provide the backbone for a resurgence in public expenditure, and to support growth in economies badly hit by the pandemic. As all the biggest powers and blocs (the EU, the US, China, and Japan) have recently announced their plans for climate or carbon neutrality, the room and need for green and sustainable infrastucture are greatly expanding. Decarbonisation and digitalisation will be underpinning this latest investment drive in infrastructure, with sustainability and ESG principles at its core. However, infrastructure expenditure will not come without risk: after the pandemic, the world will be left with the highest levels of public and private debt since World War II, and the sustainability of key investment decisions must be carefully evaluated. How to foster quality and sustainable infrastructure investment? What role for the private sector? What future for sustainable mobility? What kind of policies will countries adopt to reach carbon neutrality?
Topic:
Infrastructure, Economy, Sustainability, and COVID-19
Political Geography:
Global Focus

2. Infrastructure in a Changing World: Trends and Challenges

Author:
Carlo Secchi and Alberto Belladonna
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
In a world on the brink of a global recession caused by COVID-19, the Infrastructure efforts of today and tomorrow are more crucial than ever. They are an indispensable countercyclical tool to mitigate the negative effects of the economic paralysis. But they also constitute a pivotal component of a country’s development and competitiveness in the long term. That is why infrastructure will continue to play a critical role even when the pandemic crisis has been tamed. Rapid demographic growth, increasing urbanization, especially in developing countries, coupled with the mounting climate change are challenges that won’t disappear with the virus. These significant challenges will come with equally difficult questions. How to cope with these long-term trends? How to finance the increasing need of infrastructure? Which major international actors will take the lead? And finally, what role will technology play in shaping the future of infrastructure efforts?
Topic:
Development, Infrastructure, Strategic Competition, COVID-19, and Recession
Political Geography:
Global Focus