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However, the detailed findings of intelligent asset performance analysis allow financers to minimize risks and maximize expected returns,” the company reports. The Department of Energy should pay close attention to developments made by Kaiserwetter. They may find that funding similar projects will have the best results.
If not properly mitigated and managed, climate risks are assumed to be the main driver of major physical hazards and socioeconomic impacts to infrastructures by 2050 (Figure 1). Expected impacts by 2050, Adapted from McKinsey Global Institute. Climate risk and response: Physical hazards and socioeconomic impacts.
The Urgency of Sustainable and Resilient Infrastructure By 2050, the world population is expected to reach 9–10 billion, with three billion people entering the middle class. Flexible and adaptive infrastructure options reduce the costs and impacts of encountering climate changes.
Rather than the public sector directly procuring a capital asset and providing a service using that asset, the private sector establishes and finances a business which designs and constructs the required asset and uses it to provide services to the public sector. What opportunities do public-private partnerships present?
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