Environmental performance and economic value go hand-in-hand when assessed over the lifetime of infrastructure. When projects are planned and procured it is often only the upfront costs for design and construction considered. More innovative designs and building materials may cost more initially, but can reduce lifecycle costs and substantially reduce greenhouse gas emissions over the years a piece of infrastructure is in use. By capturing that lifetime value it becomes easier to fairly compare proposals and deliver long-term cost savings and environmental benefits.
Both the UK and Canada are focused on the role infrastructure will play in economic recovery, and both have also committed to producing net zero emissions by 2050. This roundtable will provide an opportunity to share best practices on how infrastructure investment can deliver better environmental and economic outcomes, and support both countries on the journey to net zero.