4.0

credits

Average Course Rating

Public sector spending on infrastructure in the US is currently in the range of $150 Billion per year. Recent analyses suggest that the annual investment gap in the US is likely to reach approximately $50 Billion during this decade. Globally, the International Energy Agency and others have estimated the demand for infrastructure investment is likely to exceed US$ 1 Trillion annually by 2020. The impacts of climate change are likely to impose additional systemic risks on existing infrastructure and increase the cost of both new and replacement investments. This class will explore the risks and challenges of financing sustainable infrastructure in order to enhance resilience in both developing and industrial countries, highlighting the potential roles of national development banks, pension funds, insurance companies and other institutional investors. Topics will include innovative techniques for valuation and cost-benefit analysis, environmental and social impact assessment, as well as the emerging roles of “Green Banks,” infrastructure funds, and public finance in the context of the Post-2015 Sustainable Development Goals (SDGs). Course format will be a mix of seminar discussion and case studies. <a href="http://bit.ly/2jxceSI" target="_blank">Click here to see a video introduction for the course.</a> <a href="http://bit.ly/1bebp5s" target="_blank">Click here to see evaluations, syllabi, and faculty bios</a>