Sustainable Infrastructure Development: Balancing Growth with Environmental Responsibility
Abstract
Green infrastructure development has emerged a fervent solution to strike a balance between the organization of economies and the guardianship of the environment and fairness to humanity. The paper assesses the feasibility of doing a shift to sustainable infrastructure systems on the basis of the sectoral input, the life cycle cost and financial structure. The case studies of the Indian infrastructure projects incorporated in the study raise best practice and challenges such as Delhi Metro Rail Corporation and the Cochin International Airport. The graphic analysis (pie charts and distribution of costs) used to show the patterns of investments reflects the investment trends and efficiency improvements. The paper has also proposed a financial framework that can integrate the green bonds i.e. the PPP and the ESG investments. The findings indicate that sustainable infrastructure with added higher start-up costs promises to have long term economic, environmental and social benefits.
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BODHIVRUKSHA JOURNAL OF DIVERSE DISCIPLINE