Rebuilding may characterize the next era. Bridges, roads, rail, energy, and water systems are in need of an upgrade. There is so much backlog in the United States, costs are estimated at $4.6 trillion by the American Society of Civil Engineers. Former President of Mexico, Felipe Calderon states it’s not just the United States, or even North America. Global infrastructure needs an upgrade. History suggests a few guidelines. Focus on projects; jobs will follow. Target both macro and micro: on the grand scale, choose iconic projects of national (or regional) impact; on a micro scale, concentrate on towns and local improvements that can be seen in four years. Government allocations should not focus on profit (certain infrastructure pays for itself in tolls, as Charlemagne proved, and such ventures can be public/private), but on rights and commons. Consider creation of a national clearinghouse where states and cities can learn from each other (such as the Bloomberg Harvard City Leadership program). Some of these suggestions are offered by Nicole Gelinas of the Manhattan Institute, and others by Michael Bloomberg, UN Secretary-General’s Special Envoy for Cities and Climate Change, and Harvard President Drew Gilpin Faust in their recent announcement: “Helping mayors do their job.”
Felipe Calderon adds: “There’s evidence that 1% of GDP spent on infrastructure can lead to a 1.5% increase in GDP within 4 years. But, given the rate at which greenhouse gas emissions are accumulating, the type of infrastructure we build matters more than ever. Building a solar plant is better than building a coal plant. Building light rail is better than expanding a highway. Solid flood defense systems can hold back rising seas. We will be building over the next fifteen years more infrastructure than currently exists on the planet.”
Global infrastructure investment, over the next 15 years, is expected to reach $90 trillion. It’s an opportunity for structural sustainability perhaps unprecedented in history. Can we build the bridge to a better future?
For more: “America’s Infrastructure Scores a D+” American Society of Civil Engineers, Infrastructure Report Card. http://www.infrastructurereportcard.org/
Bloomberg, Michael R. and Drew Gilpin Faust, “Helping mayors do their job.” The Boston Globe, 25 August 2016. https://www.bostonglobe.com/opinion/2016/08/25/helping-mayors-their-job/1HblR7a4hKsQMJEbXmnAgP/story.html
Calderon, Felipe. “Global infrastructure needs an upgrade.” 7 October 2016. CNN. http://money.cnn.com/2016/10/07/news/economy/felipe-calderon-oped-us-infrastructure/index.html
Building the World Blog by Kathleen Lusk Brooke and Zoe G Quinn is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.