Environmental Risks in Infrastructure Projects
Environmental risks inherent in infrastructure development projects have been increasing in scale and scope, with investors facing potential unforeseen costs in preventing, mitigating, and remedying environmental damage.
In our new insights report, titled Environmental Risks in Infrastructure Projects, we take a look at the environmental liability risks associated with these projects, as well as the insurance considerations for managing costs and delays.
Some of the key messages from the report include:
- Environmental risks in infrastructure projects can occur both at the construction phase and during operations.
- Large-scale projects are often located in urban or sensitive environments, heightening the risk of environmental damage.
- Environmental insurance policies can provide cover for the direct and indirect costs from a broad range of causes.