Improving global connectivity: Transport, energy and telecommunications networks
Connectivity is a 21st century mega-trend that is reshaping the world far beyond the transport sector. Integrating transport planning with other policy areas is challenging. Yet transport is becoming more and more interdependent with electricity infrastructure as it decarbonises. The rise of connected vehicles and infrastructure increasingly intertwine it with telecommunications. And an integrated approach for transport, housing and commercial development is becoming critical to reduce congestion, improve access and foster sustainability. With regard to funding transport infrastructure, road transport in particular has much to learn from the energy and telecommunications sectors, which have advanced much further in managing demand by charging users.
- The World Economic Forum estimates the worldwide investment in infrastructure is expected to be $79 trillion by 2040, but the actual global investment need is closer to $97 trillion. Average annual global infrastructure investment would need to increase by approximately 23% per year to close the financial shortfall.
- How quickly will electrification of transport progress and what infrastructure investment is needed?
- What lessons from more integrated transport, energy, telecommunications and housing planning are emerging from national experience?
- What are the keys to public acceptance of charging for road use?
- Strategic infrastructure planning: International best practice (ITF 2017) [https://www.itf-oecd.org/strategic-infrastructure-planning]
- Social impacts of road pricing (ITF 2018) [https://www.itf-oecd.org/social-impacts-road-pricing]