Infrastructure and technology, or InfraTech, not only improves the efficiency and sustainability of infrastructure – it can also create new investment opportunities in high-impact projects and improve economic efficiency to ultimately reduce public spending. And in a world currently impacted by COVID-19, InfraTech can also provide valuable tools for governments to respond to this dual public health and economic crisis.
Managing the pandemic recovery and efforts to “build back better” will require unrivalled partnership and investment. The success of this endeavor will depend on our ability to make InfraTech and private capital work for the Sustainable Development Goals. The G20 has already highlighted the importance of infrastructure as a driver of economic prosperity and for strong, sustainable, and inclusive growth and development. However, many low- and middle-income countries still face a persistent infrastructure gap.
On the occasion of the 75th session of the U.N. General Assembly, Devex and KPMG hosted a virtual event to explore the potential of InfraTech in advancing the SDGs. The event explores the potential role of InfraTech in improving the COVID-19 public health and economic response by boosting investments in innovative last-mile connectivity solutions, increasing automation and electrification, as well as fostering new business models that mitigate the pandemic’s negative economic and social impacts.
Watch the event recording above.