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Biden presidency: Next wave of infrastructure investments to have greater emphasis on ESG issues
Infrastructure - NOVEMBER 17, 2020

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Biden presidency: Next wave of infrastructure investments to have greater emphasis on ESG issues

by Released

President-elect Joe Biden said during the campaign that he will create a $2 trillion climate change plan that looks to invest across the energy, transportation and building sectors. The plan promises to create millions of new jobs, build a more resilient economy, eliminate carbon emissions, and tackle environmental injustices.

Unlike past infrastructure spending plans, the next wave of investments will have a greater emphasis on ESG issues under a Biden presidency, according to UBS-AM Real Estate & Private Markets’ latest research “U.S. election and the impact on infrastructure.”

However, if Republicans retain control over the Senate (which will be determined by two runoff elections in Georgia in January), they will pose a challenge to Biden's ambitious plans. The silver lining is that there has historically been more bipartisan support for clean energy than what the political headlines suggest. As the United States is currently experiencing a second COVID-19

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