KPMG – Emerging trends in infrastructure, 2024

KPMG's report, "Emerging Trends in Infrastructure 2024," identifies ten trends that will shape the infrastructure sector in the coming year. These trends will be driven by the need to address multiple challenges simultaneously, including changing energy sources, climate change, economic uncertainties, and social equality. The success or failure of these challenges will largely depend on the strength of global infrastructure. It will play a crucial role in facilitating the energy transition and achieving climate adaptation goals. Additionally, it will spur economic growth, enable trade, and support urban renewal. However, meeting the promise of infrastructure requires various factors. This includes enhanced collaboration among stakeholders, implementing innovative funding mechanisms, developing new regulatory frameworks, adopting novel construction techniques, and nurturing a wide range of skill sets. Most importantly, flexibility and creativity will be essential in adapting to the changing needs of society. The report emphasizes that for global transitions to be successful, the infrastructure sector itself must undergo a transformation. This shift will be crucial in driving progress across the energy, climate, economic, and social fronts.