2024 ITF Summit Side Event on Digitalisation & Infratructure Finance

Organisers: International Road Federation (IRF), Union for the Mediterranean (UfM), Oris Materials Intelligence, International Union of Railways (UIC)

Organised in the framework of the 2024 ITF Summit (scheduled in Leipzig, Germany, from 22 to 24 May), this panel session will delve deep into the complexities faced by public authorities and how digitalisation offers an innovative approach to meet the challenges they are currently facing. It will explore the delicate balance to be found between sustainable linear infrastructure financing while keeping budget under control, to foster a sustainable future for all.

The session will show an approach where the construction sector is at the forefront of a digital transformation, with groundbreaking innovations rooted in data science and artificial intelligence – poised to revolutionise infrastructure financing.

These innovations enable predictive insights, forecasting the impact of road and rail projects on carbon emissions, natural resource utilisation, and resilience to climate change, right from the project’s financial inception. It allows for proactive measures to be implemented before construction begins or during maintenance phases.

This panel will feature engaging discussions with representatives from public authorities, development banks, and industry experts, acknowledging the challenges faced by public authorities in ensuring the most sustainable and resilient linear transportation projects. Real-life case studies will be presented, showcasing these innovative solutions in action and offering valuable insights into the future of infrastructure development.

The focal point of the dialogue will revolve around the pivotal role of digitalisation in financing a climate-ready sector and in addressing the pressing climate crisis through practical solutions. All this while keeping within budgets and delivering savings that can be invested to support additional infrastructure projects.

We will uncover how digitalisation is set to revolutionise infrastructure financing, paving the way for a truly sustainable and multi-modal infrastructure.

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