Infrastructure investment is typically publicly funded because it is (mostly) a public good. This is perhaps even more so for investment in restoration of natural infrastructure (nature-based systems). But given current constraints on government budgets new approaches are needed besides depending on the public purse. Would appreciate guidance to any work examining effectiveness of alternative funding models. Thanks in advance.
Jeralee, thanks for your suggestion to look at IISD. I couldn't find anything specific on my question in their publication library but they did have some studies on green bonds in China that I pulled. Green bonds are probably the biggest channel to provide financing for SD projects, given everything I've read about the growth rate in green bond issuance in recent years. I'll explore it further. Thanks again.
My research at University of Birmingham with Dr Michael Burrow and Dr Gurmel Ghataora (you may want to follow them on Research Gate) is dealing with investment appraisals for public infrastructures. I have developed a risk based asset management model which combines engineering and econometric principles to appraise investment decisions, while scoring costs against environmental, social and economic benefits. If interested would be happy to discuss further.
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