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Strengthening new infrastructure assets: A cost-benefit analysis

03 Jul 19

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This paper explores the benefits and the costs of strengthening infrastructure assets to make them more resilient, reducing the repair costs and infrastructure disruptions caused by natural hazards. Strengthening infrastructure assets in low- and middle-income countries would increase investment needs in power, transport, and water and sanitation by between $11 billion and $65 billion a year, i.e. 3 percent of baseline infrastructure investment needs. The uncertainty pertaining to the costs and benefits of infrastructure resilience makes it difficult to provide a single estimate for the benefit-cost ratio of strengthening exposed infrastructure assets. To manage this uncertainty, this paper explores the benefit-cost ratio in 3,000 scenarios, combining uncertainties in all parameters of the analysis.

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Global Food Security in the 21st Century: Resilience of the Food Supply

22 May 19

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Food security exists when all people, at all times, have physical, social, and economic access to sufficient, safe, and nutritious food that meets their dietary needs and food preferences for maintaining an active and healthy life. Given the growing risks associated with increased demands for natural resources, social transition, political instability, trade barriers, climate change, and economic inequality, building a resilient, secure global food system is essential. This article reviews current research in this area, critically summarizes the varied efforts that are underway, and candidly questions our ability to address evolving threats to agri-food supply chains.

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Ready For Tomorrow: Seven Strategies For Climate-Resilient Infrastructure

19 Apr 19

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As the impacts of climate change are felt more forcefully around the globe, decision makers are asking, with increasing urgency, how they can make their communities and businesses more resilient. One obvious place to start is infrastructure. To address this, the Hoover Institution convened a yearlong collaboration with leading experts and practitioners in development banks, government agencies, universities, private firms, non-governmental organizations, and professional associations. It drew on diverse perspectives to the challenges of resilience, including physical and social science, engineering, policy, finance, and education.

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