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Investing in sustainable infrastructure for all

Author

Listed:
  • Daniel Jeongdae Lee

    (Macroeconomic Policy and Financing for Development Division, ESCAP)

  • Shuvojit Banerjee

    (Macroeconomic Policy and Financing for Development Division, ESCAP)

  • Zheng Jian

    (Macroeconomic Policy and Financing for Development Division, ESCAP)

Abstract

Infrastructure is critical to the achievement of the Sustainable Development Goals. It is represented in Goal 9 along with industrialization and innovation, but also implicit in many other Goals including food security, health, decent jobs and cities and human settlements. Among infrastructure sectors, progress on Goal 7 on clean energy would be critical for limiting global warming to well below two degrees Celsius. ESCAP’s Economic and Social Survey 2019 estimates that developing countries in the Asia-Pacific region would have to invest an additional $196 billion per year in transport, ICT and water and sanitation infrastructure, and new investments of $434 billion to achieve Goal 7 on affordable and clean energy for all.

Suggested Citation

  • Daniel Jeongdae Lee & Shuvojit Banerjee & Zheng Jian, 2019. "Investing in sustainable infrastructure for all," MPDD Policy Briefs PB92, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:pbmpdd:pb92
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    File URL: https://www.unescap.org/sites/default/files/PB92_Sustainable%20infrastructure_0.pdf
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