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This report also introduces a new commitment to ‘net resilience gain’, similar to Net Zero, that all interventions into infrastructure, not just those specifically targeted at enhancing the resilience of that system, must demonstrate that they enhance the systemic resilience of infrastructure and not damage the wider context.
A 2016 report by New Climate Economy calculated the need for approximately US$90 trillion investment into infrastructure over a period of 15 years, more than what is in place in the entire current stock today. By 2019, the Global Commission on Adaptation had highlighted the urgent and global environmental and economic imperatives to address the resilience and adaptation of infrastructure systems. COP26 the United Nations Climate Change Conference held in 2021, highlights the increasing urgency for action.
This report also introduces a new commitment to ‘net resilience gain’, similar to Net Zero, that all interventions into infrastructure, not just those specifically targeted at enhancing the resilience of that system, must demonstrate that they enhance the systemic resilience of infrastructure and not damage the wider context.