The Need for Resilience on Infrastructure Projects

This report was produced by CFBL Consulting, a member of IPFA. 

Significant disaster-related economic losses are increasing on a global scale. These will keep on rising as a result of rising affluence, more dangerous exposure, and in some cases, climate change. Developing nations are disproportionately affected by these occurrences, and their losses are frequently exacerbated by subpar infrastructure, insufficient maintenance, a lack of insurance, and delayed recovery. By investing in more resilience, the impact and severity can be lessened. By reducing this risk, increased resilience boosts corporate confidence, which in turn encourages innovation and economic growth. There is compelling and scientific justification for investing in increased resilience; in fact, some studies indicate that the return on investments in resilience is four times greater than the costs.

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