Infratech Value Drivers

The 2020 G20 Presidency mandated the Infrastructure Working Group (IWG) to develop an agenda to accelerate the adoption and application of technology-enabled infrastructure (InfraTech). This agenda supports two existing IWG initiatives, the Roadmap...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/934871596088657028/Infratech-Value-Drivers
http://hdl.handle.net/10986/34320
id okr-10986-34320
recordtype oai_dc
spelling okr-10986-343202021-05-25T09:58:06Z Infratech Value Drivers World Bank INFORMATION TECHNOLOGY COUNTRY READINESS DIGITAL TECHNOLOGY ICT INFRASTRUCTURE DIGITAL CONNECTIVITY BIG DATA ARTIFICIAL INTELLIGENCE TRANSPORT INFRASTRUCTURE The 2020 G20 Presidency mandated the Infrastructure Working Group (IWG) to develop an agenda to accelerate the adoption and application of technology-enabled infrastructure (InfraTech). This agenda supports two existing IWG initiatives, the Roadmap to Infrastructure as an Asset Class, and the G20 Principles for Quality Infrastructure Investment (QII). Technology supports the roadmap by providing enhanced data, tools, and transparency for investors. In addition, it creates new investment opportunities by creating new markets, business models and potential for enhanced revenues. InfraTech also supports QII, as many technologies maximize the positive impact of infrastructure by enhancing sustainability, inclusivity, and resilience. The potential economic efficiencies that new technologies offer also help attain value for money across the project lifecycle and potentially reduce upfront or recurring public financial outlays. InfraTech also provides valuable tools for governments to respond to the COVID-19 health and economic crisis. This Reference Note supports the InfraTech Agenda endorsed by the G20 Infrastructure Working Group by outlining the potential economic, social, and environmental value to countries generated by adopting InfraTech solutions. It also provides a framework for evaluating the benefits of these solutions against their costs and risks. This paper focuses on the transport, energy, water, and digital infrastructure sectors. 2020-08-11T14:30:24Z 2020-08-11T14:30:24Z 2020-07-29 Report http://documents.worldbank.org/curated/en/934871596088657028/Infratech-Value-Drivers http://hdl.handle.net/10986/34320 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INFORMATION TECHNOLOGY
COUNTRY READINESS
DIGITAL TECHNOLOGY
ICT INFRASTRUCTURE
DIGITAL CONNECTIVITY
BIG DATA
ARTIFICIAL INTELLIGENCE
TRANSPORT INFRASTRUCTURE
spellingShingle INFORMATION TECHNOLOGY
COUNTRY READINESS
DIGITAL TECHNOLOGY
ICT INFRASTRUCTURE
DIGITAL CONNECTIVITY
BIG DATA
ARTIFICIAL INTELLIGENCE
TRANSPORT INFRASTRUCTURE
World Bank
Infratech Value Drivers
description The 2020 G20 Presidency mandated the Infrastructure Working Group (IWG) to develop an agenda to accelerate the adoption and application of technology-enabled infrastructure (InfraTech). This agenda supports two existing IWG initiatives, the Roadmap to Infrastructure as an Asset Class, and the G20 Principles for Quality Infrastructure Investment (QII). Technology supports the roadmap by providing enhanced data, tools, and transparency for investors. In addition, it creates new investment opportunities by creating new markets, business models and potential for enhanced revenues. InfraTech also supports QII, as many technologies maximize the positive impact of infrastructure by enhancing sustainability, inclusivity, and resilience. The potential economic efficiencies that new technologies offer also help attain value for money across the project lifecycle and potentially reduce upfront or recurring public financial outlays. InfraTech also provides valuable tools for governments to respond to the COVID-19 health and economic crisis. This Reference Note supports the InfraTech Agenda endorsed by the G20 Infrastructure Working Group by outlining the potential economic, social, and environmental value to countries generated by adopting InfraTech solutions. It also provides a framework for evaluating the benefits of these solutions against their costs and risks. This paper focuses on the transport, energy, water, and digital infrastructure sectors.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Infratech Value Drivers
title_short Infratech Value Drivers
title_full Infratech Value Drivers
title_fullStr Infratech Value Drivers
title_full_unstemmed Infratech Value Drivers
title_sort infratech value drivers
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/934871596088657028/Infratech-Value-Drivers
http://hdl.handle.net/10986/34320
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