A Blueprint for Change
A BLUEPRINT FOR CHANGE
PURPOSE
Local government is at the forefront of addressing sustainability challenges as part of public service delivery, facing immense financial, operational, and political constraints. Similarly, the infrastructure industry is undergoing a significant transformation and is grappling with pressures to meet sustainability targets while delivering higher value outcomes for clients.
The private sector must also align commercial incentives with public sector goals such as environmental sustainability and community benefit. Innovative projects often require substantial upfront investments, which can be a funding barrier. However, creative solutions and long-term funding settlements are essential to bridge these gaps, support R&D, and implement sustainable initiatives. Considering whole life costs, despite higher initial expenses, is crucial as it will ultimately lead to long-term benefits, ensuring that investments are sustainable and cost-effective over time.
Collaboration is critical to tackle funding challenges, overcome barriers, and unlock value. The private sector supply chain must have a deeper understanding of local government realities when pushing forward with longer-term and more sustainable alternatives such as technological innovation. Aligning sustainability with policy is imperative to building a shared vision for sustainable infrastructure. It is now time to make real change.
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