The role of infrastructure in sustainable development

Abstract

Today, amid the COVID-19 pandemic, the sustainable development agenda is in focus from a new perspective. On the other hand, the issues of inequality, as well as the topics of transparency, effective interaction of various stakeholders to overcome common global challenges, are becoming more and more relevant. Infrastructure plays a key role in achieving sustainable development and has a direct impact on more than 80 % of the UN SDG targets. Through creation and use of sustainable infrastructure, it is possible to achieve the necessary economic, social and environmental results within the framework of the sustainable development goals. Sustainable infrastructure is an infrastructure that is planned, designed, built, operated or decommissioned in a way that ensures economic, social, environmental and institutional sustainability throughout the entire life cycle. The study analyzes the impact of infrastructure on sustainable development. The problematic issues of infrastructural development in Russia are identified, the current situation with the underfunding of infrastructure is shown. Considering the large role of investments for development of the infrastructure complex, state measures for development of this industry have been offered; the necessary conditions have been determined for a more complete involvement of the state in infrastructure.