World Bank Report: Lifelines – The Resilient Infrastructure Opoortunity
According to Lifelines, a new report from by the World Bank and the Global Facility for Disaster Reduction and Recovery, the net benefit of building more resilient infrastructure in low- and middle-income countries would be $4.2 trillion, with $4 in benefit for each $1 invested.
Solutions to improve the resilience of infrastructure exist and investments to do so are both sound and profitable. What does this resilient infrastructure look like? It could be digging deeper foundations, using alternative materials, building flood protection, strengthening electrical poles and cell towers, improving road design, and building stronger water treatment plants.
But it is also necessary to look beyond each individual asset and build more resilient systems and networks. Building redundancy in networks, that is by increasing the number of connections that serve a community, for instance, can be a gamechanger. A city that is accessible through multiple roads and powered through multiple transmission lines is less likely to find itself isolated or without power when a devastating storm strike.