Why Talking Infrastructure?
We want to avoid infrastructure waste and we believe that we can do better by changing the questions we currently ask, and the decision processes and policies we currently apply. Talking Infrastructure is a vehicle for raising awareness of this issue and creating better processes.
We want to avoid infrastructure waste.
Stranded assets are assets that are now obsolete or non-performing and recorded in corporate books as a loss of profit. Current estimates vary but run into the many trillions of dollars. Climate, technological and demographic changes all contribute to this problem. But so do we – when we construct infrastructure better suited for the 20th than the 21st century. Every year we use up valuable resources and add to environmental damage and often social damage, constructing long-living assets destined to end on the stranded assets scrap pile.
We believe we can do better.
In the past, governments have tended to see infrastructure as an expenditure ‘blob’ – useful for soaking up unused corporate savings to ‘kickstart’ the economy or as a generic ‘source of jobs’. These are the attitudes that have got us where we are now.
We believe that if we focus on ‘future friendly’ infrastructure projects, infrastructure that takes future change into account and specifically designs for it, infrastructure based on a capacity to adjust to future change, whatever it might be, we can avoid unnecessary waste.
This requires us not to think of ‘infrastructure’ as a panacea for all economic ills, but rather to consider individual infrastructure projects and their individual contributions to general wellbeing – economic, social, and environmental. What questions do we need to ask of all projects to make sure that we are ‘future friendly’? What do we need to know about the relationship between future change and infrastructure? What changes do we need to make to current decision processes to achieve this goal? This is what Talking Infrastructure is about.
Who are our members?
Professionals of all disciplines: planners, strategic asset managers, financial specialists, environmental scientists, economists, sociologists, administrators and many others who share the realisation that to really benefit from the many changes that now surround us, all decisions need to reflect not the past but be open to the futures that are now emerging.
What you can do.
Join the community. Comment on the Blog. Help us to develop our City Chapters where you can meet face to face, and join us virtually in our forums (coming soon!) to develop the tools that are needed and to spread the message.
To find out more
Feel free to contact any of our Board Members