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Infrastructure to 2030 (Vol.2)

Mapping Policy for Electricity, Water and Transport

image of Infrastructure to 2030 (Vol.2)
Infrastructure systems play a vital role in economic and social development. Demand for infrastructure is set to continue to expand significantly in the decades ahead, driven by major factors of change such as global economic growth, technological progress, climate change, urbanisation and growing congestion. However, challenges abound: many parts of infrastructure systems in OECD countries are ageing rapidly, public finances are becoming increasingly tight and infrastructure financing is becoming more complex. This book assesses the future viability of current "business models" in five infrastructure sectors: electricity, water, rail freight, urban mass transit and road transport. It proposes policy recommendations that aim to enhance capacity to meet future infrastructure needs, including measures that could be taken by governments both collectively and individually to create more favourable institutional, policy and regulatory frameworks.

 

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Infrastructure to 2030: Main Findings and Policy Recommendations

The longer-term future performance of OECD economies, and of the global economy, will depend to an important extent on the availability of adequate infrastructures to sustain growth and social development. This is a huge challenge for governments and businesses around the globe. Traditional sources of public finance alone will not suffice to meet future infrastructure investment needs. Where will the financing come from? What can governments do to respond to the complex challenges they face? The OECD International Futures Programme completed a two-year project on “Global Infrastructure Needs: Prospects and Implications for Public and Private Actors” which took stock of the challenges and opportunities facing OECD countries and some of the larger developing countries to 2030 in electricity, water, surface transport (rail freight and road), and telecommunications. The main findings and policy recommendations from this project are presented, along with case studies.

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