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At least $7trn a year needed to meet the climate challenge

Modern Building Services · MBS · last updated
A renewed global effort to improve infrastructure spending to meet the investment challenge facing the world. Create global financial mechanisms to support sustainable investment and end all carbon intensive investments and the burning of fossil fuels. We not only need to meet the current investment need and the UN SDGs investment need, but we also need to address the significant economic need as a result of the Covid crisis. This report therefore explores the challenge, competitiveness, risks and threats and proposes a stabilising mechanism to help us make this transition. We are losing time and that is the one thing we cant control.FIDIC president William Howard said that engineers would play a key role in addressing the global infrastructure challenge and FIDIC stood ready to act.
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