London is facing a £1.3tn infrastructure funding gap at the same time as rapid population growth is expected to hit 11 million by 2050, requiring huge investment in new and existing infrastructure. BusinessLDN’s infrastructure programme therefore seeks to understand the specific challenges facing infrastructure funding and delivery across the capital, and how to meet these challenges to unlock investment and drive progress towards net zero in the capital by 2030.
To keep London globally competitive and to meet net zero goals, we know there is more to do. It is estimated, for example, that 1.9 million additional electric vehicles will be connected to London’s electricity distribution network by 2030, and the capital’s infrastructure must facilitate this growing market.
We are also advocating for faster roll out of high-speed digital connectivity and campaigning for transformational investment in water infrastructure to improve efficiency and reduce instances of flooding.
By working in partnership with London’s businesses, we are also identifying innovative funding solutions to crowd-in private investment into London’s infrastructure to support sustainable technology-enabled growth, keeping the capital globally competitive and continuing to make London the best place in the world in which to do business.