The longevity of infrastructure projects and the capital required to finance large projects makes it a risky sector for investments. Much of the climate-related adaptation and resilience-building effort depends on the ability of the infrastructure sector to absorb future shocks and ensure a thriving economy despite them. The risks associated with large projects create a role for governments of emerging economies to improve conditions for financing. This Policy Brief outlines the role of planning for uncertainty, improving government contracting processes for infrastructure, and prioritising operations and maintenance (O&M) of assets towards ensuring adequate and consistent financing for the infrastructure needs of the future.
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