Progressively interdependent infrastructure systems
Choosing where and when to invest for the future is becoming increasingly complex, with extreme weather events, linked to climate change, occurring more frequently and testing infrastructure to the limits. Public investment could become stronger than ever if policymakers bear these wider considerations in mind.
Improving regulatory frameworks to spur infrastructure investment
A long-term strategic vision must be built into the regulatory approach. Coherence is needed across objectives to improve resilience and effectiveness of regulators. There needs to be clear accountability for regulatory decisions and well-targeted use of competition to deliver effective infrastructure investment.