Study Calculates the Cost-Benefit of Hardening

Resilient infrastructure pays off four-fold for low - and middle-income countries and could save those countries $4.2 trillion over the life of the infrastructure, says a new report from the World Bank. Such investments become even more cost effective as the impacts of climate change worsen, according to the report, “Lifelines: The Resilient Infrastructure Opportunity.” The cost of inaction, however, is $1 trillion over the next decade.