FIDIC, WBCSD to Boost Sustainable Infrastructure Shift

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by KnowESG
KnowESG_Sustainable Infrastructure
Image courtesy of https://onlinedegrees.sandiego.edu/

FIDIC has signed a collaboration agreement with the World Business Council for Sustainable Development (WBCSD) to work together to accelerate the transition to sustainable infrastructure.

WBCSD is the leading global, CEO-led community of over 200 of the world’s leading sustainable businesses working collectively to accelerate the system transformations needed for a net zero, nature-positive and more equitable future.

WBCSD’s work involves engaging sustainability leaders from business and elsewhere to share practical insights on the obstacles and opportunities they face in tackling the integrated climate, nature, and inequality sustainability challenge. This includes co-developing ‘how-to’ CEO-guides, providing science-based target guidance, including standards and protocols, and developing tools and platforms to help leading businesses in sustainability drive actions to tackle climate, nature, and inequality challenges across sectors and regions.

The memorandum of understanding will see FIDIC and WBCSD working together to support their respective organisations’ ambitions to accelerate the transition to sustainable infrastructure planning, design, development, and delivery, including speaking at events and exploring potential research opportunities.

Commenting on the agreement, FIDIC chief executive Dr Nelson Ogunshakin said: “I am delighted that FIDIC has signed this important agreement with World Business Council for Sustainable Development and that our two organisations will be working closely together to promote a more sustainable approach to infrastructure.

“I am also excited that FIDIC and WBCSD will be collaborating in a range of areas, including speaking at each other’s conferences and events, looking at opportunities to collaborate on research projects, exploring funding and partnership opportunities to address the challenges of climate mitigation, adaptation, and nature-based solutions, and working with relevant FIDIC committees and our Global Leadership Forum on addressing these crucial issues for our industry. As a first step in this collaboration effort, I am looking forward to Diane Holdorf, executive vice president of WBSCD, being a keynote speaker at the FIDIC Global Leadership Forum Summit in Geneva in late April.”

Reacting to signing the agreement with FIDIC, World Business Council for Sustainable Development executive vice president Diane Holdorf said: “We look forward to collaborating with FIDIC on the critical challenges we face in transforming our built environment to one that is more people-centric, regenerative and fully decarbonised. Together, our two organisations can mobilise a strong business response and align all actors to work collectively toward our vision of a world in which nine billion people are living well, within planetary boundaries, by mid-century.”

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Source: FIDIC

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