Wherever you look around the world, the clamor for increased spending on critical infrastructure has reached an inflection point. In developed markets, aging infrastructures are in need of repair, while many emerging nations and governments are beginning to recognize repairing and constructing infrastructure will help support their pace of economic growth. Changing demographics are also spurring governments to act. The increase in both younger and older people throughout the globe means different types of infrastructure, such as schools and hospitals, are needed for local populations to thrive.

The numbers help tell the story. From 2016 to 2020, global spending on infrastructure capital projects will reach between $27 trillion and $29 trillion, according to PricewaterhouseCoopers (PwC). Ultimately, and at a time when sovereign balance sheets are still weighed down by debt, we need to move toward more sustainable financing methods, so development of critical infrastructure can