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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
How to Keep America’s Roads and Bridges from Crumbling
July 22, 2014 4:33 pm (EST)
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- Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions.
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Last week, President Obama announced an initiative to ramp up investment in the United States's ailing infrastructure. The newly-established Transportation Investment Center is a one-stop shop at the Department of Transportation that connects state and local officials with tools to support private financing for infrastructure projects. In a new op-ed for Fortune, CFR Senior Fellow Heidi Crebo-Rediker argues that the program will help fill the 'knowledge gap' among state and local officials, and will facilitate greater private sector investment and more public-private partnerships, while still protecting taxpayers. In her March Policy Innovation Memorandum, "Infrastructure Finance in America—How We Get Smarter," Ms. Crebo-Rediker assessed how the Obama Administration could design an effective one-stop shop to enhance private sector infrastructure investment.
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