Sustainability as the key to prioritize investments in public infrastructures

Infrastructure construction, one of the biggest driving forces of the economy nowadays, requires a huge analysis and clear transparency to decide what projects have to be executed with the few resources available. With the aim to provide the public administrations a tool with which they can make the...

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Bibliographic Details
Published in:Environmental impact assessment review 2016-09, Vol.60, p.40-51
Main Authors: Pardo-Bosch, Francesc, Aguado, Antonio
Format: Article
Language:English
Subjects:
Aspectes econòmics
Classification
CONSTRUCTION
DECISION MAKING
Decisions
Economic aspects
ECONOMIC IMPACT
Economics
ENERGY PLANNING, POLICY AND ECONOMY
Enginyeria civil
Environmental impact
Finances
GROSS DOMESTIC PRODUCT
Infrastructure
Infrastructure management
Investment
Investments
MIVES
Obres públiques
OPERATING COST
Public investments
Public works
SUSTAINABILITY
SUSTAINABLE DEVELOPMENT
Utilities
Àrees temàtiques de la UPC
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Summary:Infrastructure construction, one of the biggest driving forces of the economy nowadays, requires a huge analysis and clear transparency to decide what projects have to be executed with the few resources available. With the aim to provide the public administrations a tool with which they can make their decisions easier, the Sustainability Index of Infrastructure Projects (SIIP) has been defined, with a multi-criteria decision system called MIVES, in order to classify non-uniform investments. This index evaluates, in two inseparable stages, the contribution to the sustainable development of each infrastructure project, analyzing its social, environmental and economic impact. The result of the SIIP allows to decide the order with which projects will be prioritized. The case of study developed proves the adaptability and utility of this tool for the ordinary budget management.
ISSN:0195-9255
1873-6432
DOI:10.1016/j.eiar.2016.03.007