The U.S. Environmental Protection Agency launched the Water Infrastructure and Resiliency Finance Center to help communities across the country improve their wastewater, drinking water and stormwater systems, particularly through innovative financing and by building resilience to climate change. The center was announced as Vice President Biden and EPA Administrator Gina McCarthy toured the … [Read more...]
Infrastructure Management Insights from Detroit’s Bankruptcy
In November 2013 this blog posted on Detroit's bankruptcy and lessons infrastructure managers could learn from this. A recent Fortune Magazine article looks at the progress that Detroit has made a year after the bankruptcy. The Fortune article is worth the read, and I would encourage you to look at it. Incredibly given the dark news of a year ago, the Fortune article details a good news … [Read more...]
Infrastructure Management – Was the Philippines’ 5% of GDP for Infra in 2014 Enough?
A news article in The Philippine Star 23 July 2013 edition noted that the Philippines Government plans to increase infrastructure expenditure to 5% of GDP before President Aquino steps down in 2016, lifting expenditure off a relatively low percentage of GDP base. As featured in our blog post on population projections through to 2050, the Philippines is expected to be the 10th most populous … [Read more...]
Infrastructure Asset Management – How to Fund Roads?
If there is ever a question to start a discussion in infrastructure asset management circles it is how to fund roads. The Economist Magazine has an article on Taxing Motorists: Roads Less Travelled relating to Vehicle Miles Travelled Fees being trialed in the US State of Oregon. Paying for roads used to be easy - petrol taxes allowed for the costs to be recovered from motorists, and used for … [Read more...]