Competitive scenario
The Group’s business is closely connected to the main megatrends taking place globally, such as population growth, urbanisation, scarcity of resources and climate change.
These trends are changing people’s needs, influencing the priorities of public institutions and investors, and redesigning the competitive scenario for companies.
Infrastructure is heavily influenced by current trends, and the sector will be able to count on huge investments by states and international financial institutions in the coming years.
According to estimates 4 by the G20 Global Infrastructure Outlook, investments of around $ 77 trillion by 2040 are needed globally in the business areas in which the Group has reclassified its activities: sustainable mobility, clean water, clean hydro energy, green buildings.
Main megatrends that affect the infrastructure market
The international community has undertaken important initiatives to manage the changes underway, like the United Nations’ 2030 Agenda (which includes the SDGs) for Sustainable Development and the Paris Climate Agreement.
Infrastructure directly and indirectly contributes to achievement of 92% of all the targets linked to the SGDs1. It is a fundamental part of the fight against climate change as it contributes more than 60% of the global GHG emissions2.
Meeting the growing global demand for infrastructure and achievement of the SDGs require investments that can only increase over the next decades as shown in the next graph based on the Global Infrastructure Hub3 estimates.
1.Source: Thacker S, Adshead D, Morgan G, Crosskey S, Bajpai A, Ceppi P, Hall JW & O’Regan NO. (2018). Infrastructure: Underpinning Sustainable Development, UNOPS
2.Source: The Sustainable Infrastructure Imperative, New Climate Economy – The Global Commission on the Economy and Climate, 2016
3.Source: internal processing of Global Infrastructure Hub data. The mobility sector includes roads, railways, ports and airports.
