Approaches to the Assessment and Implementation of Sustainable Infrastructure Projects in Latin American and the Caribbean
Date issued
Dec 2014
Subject
Risk Management;
Corporate Evaluation;
Environmental Policy;
Infrastructure Work;
Sustainability;
Climate Change
JEL code
O13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products;
O18 - Urban, Rural, Regional, and Transportation Analysis • Housing • Infrastructure;
O22 - Project Analysis;
Q2 - Renewable Resources and Conservation;
Q5 - Environmental Economics;
R4 - Transportation Economics
Category
Technical Notes
This paper discusses innovative approaches to implementing the Bank's Sustainable Infrastructure Strategy in the region. It describes the challenge of infrastructure in LAC, overviews approaches to sustainable infrastructure, describes Bank sustainable infrastructure activities, and begins the process of describing an integrated approach to sustainable infrastructure. This paper does not enter into the details of indicators and metrics for sustainable infrastructure, but it does look at criteria across the energy, transport, and water and sanitation sectors in both urban and non-urban contexts and describes sustainability concerns in LAC countries. This is therefore an initial step in the direction of establishing principles, criteria, and indicators for sustainable infrastructure in the Bank.