The Institute and Faculty of Actuaries (IFoA) has launched its first policy paper on Infrastructure Finance.
In the UK and many other countries, investment in infrastructure is falling short of social needs. Insufficient private investment is being committed to support priorities for new projects or for improvements to existing infrastructure.
Using the UK as a lens, the paper argues that a key cause of the ‘investment gap’ is that investors and project sponsors have different priorities.
The paper examines some possible ways to resolve this mismatch by looking at: