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Valuation approaches include cost-based, revealed preference, stated preference, and benefit transfer.
Without proper valuation, natural assets’ scarcity remains economically invisible, leading to their exploitation for short-term gains.
A series of reviews or "gateway" assessments by an independent agency helps ensure proper preparation and implementation of infrastructure projects.
In Bangladesh, a project is underway to expand the installation of smart prepaid gas meters and establish a smart metering data management system.
The CAREC transport corridors present reliable alternatives to maritime chokepoints, especially for shorter distances and time-sensitive goods.
Secure funding sources and allocate resources effectively.
Develop and implement a comprehensive, evidence-based national MSME development strategy.
Leverage science-based tools, foster collaboration across sectors, build local capacity, and promote global and regional cooperation.
Develop a digital framework, adapt pavement innovations, and leverage ICT systems.
The Sri Lanka Southern Transport Development Project offers lessons in implementing large infrastructure projects involving multiple development partners and affecting many people and communities.