Growth in green infrastructure to support recovery from COVID-19
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We expect global infrastructure spending to recover this year after the COVID-19 shock, with renewable energy benefiting from a focus on climate change.
The key takeaways of this edition are:
- We expect investment in renewable energy infrastructure to recover rapidly after the COVID-19 crisis.
- Infrastructure projects will offer private investors including insurers an estimated USD 1.4 trillion annual global opportunity to fill the funding gap, particularly for green and sustainable infrastructure.
- COVID-19 is likely to transform the design and use of buildings, public places and infrastructure.
- We continue to forecast USD 3.3 trillion annual public and private infrastructure investment globally between 2021-2040, creating significant premium potential for the insurance industry.