The United Nations Department of Economic and Social Affairs (UN DESA) and the United Nations Capital Development Fund (UNCDF) have published a handbook on infrastructure asset management titled “Managing Infrastructure Assets for Sustainable Development”. Available in six languages (Arabic, Chinese, English, French, Russian, Spanish), this guide helps local and national governments manage their infrastructure better, especially during times of emergency.

Often, old infrastructure is ignored while new projects are started without proper planning. This lack of maintenance can cost some developing countries up to 2% of their GDP growth. The guide highlights the importance of taking care of existing infrastructure, which is crucial for sustainable development and economic health. It offers practical advice and tools for governments to improve the resilience, sustainability, and accessibility of their infrastructure. It includes recommendations to help tackle current challenges like climate change and public health emergencies.

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Created with input from experts across the UN, development banks, local government groups, universities, and think tanks, the guide incorporates a wide range of experiences and knowledge. Key contributors include UNDP, UNEP, UN-Habitat, UNOPS, UN Regional Economic Commissions, the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, United Cities and Local Governments, Cities Alliance, the Global Fund for Cities Development (FMDV), the Overseas Development Institute, and Talking Infrastructure.

These organizations are keen to work together on training activities to use the guide’s tools and recommendations in their regions. This cooperation helps manage and finance sustainable development projects more effectively, ensuring infrastructure investments are strong, sustainable, and beneficial for everyone.

Source: https://financing.desa.un.org/document/un-handbook-infrastructure-asset-management