Launching our new Infrastructure Transition Monitor report

Our study reveals, that fewer than 50% of organizations expect to meet decarbonization targets by 2030. 

We published our inaugural “Siemens Infrastructure Transition Monitor” report for 2023 earlier this month. You can view the full report here – link.

Data from the report reveals that there is limited alignment on priorities and how best to progress towards a decarbonized and resource-efficient world.

The study set out to measure the current state of the infrastructure transition, including developments within the systems, services, buildings, and structures that are needed for industries, cities, and countries to function effectively.

Data was collected through a global survey of 1,400 senior executives from 22 countries, as well as a series of in-depth interviews with leaders and experts. 

Key findings included:

• Decarbonization is a top priority within the infrastructure transition, but progress is too slow.
• Over 50% of executives believe decarbonization is a competitive advantage, but less than half believe their country has an effective decarbonization strategy.
• Technology and digitalization are key levers of a successful infrastructure transition.

Change is not happening fast enough at the regional level

Despite the acceleration of the infrastructure transition, faster progress is needed at the regional (country) level to support a low-carbon world. Energy is a key priority as almost three quarters of global greenhouse gas emissions come from production, use, and transportation of energy. According to the report, less than 10% believe their country to be “advanced, fully integrated, full-scale" on major energy goals of the transition.

Decarbonization is a competitive advantage for cities

In the fight against #ClimateChange, cities have a major role to play. In the survey, half of respondents (51%) believe that being ahead in decarbonization is a competitive advantage for a city. Decarbonizing mobility, including public transport networks and commercial and private vehicles, is a priority to reduce emissions. 45% of respondents feel their cities have made progress to encourage the use of public transport.

Only 40% of organizations expect to reach decarbonization targets this year

Businesses are under pressure to decarbonize their business models, assets, and infrastructure. According to the report, only 40% think it is likely that they will meet their targets for the year ahead and just 44% expect to meet their 2030 targets.

Technology and digitalization to accelerate the transition

Technology and #digitalization are key levers of a successful infrastructure transition. Key technologies that could have the biggest positive impact include #AI-driven predictions and automation, virtual and augmented reality, and 5G mobile networks.

To summarise

The report confirms that whilst there is not always a strong alignment between citizens, business and governments on the main requirements and goals of the infrastructure transition, it is critical to act now to mitigate the effects of climate change. Collaboration and digitalization across the areas of energy, mobility, and buildings will be key in paving the way forward toward a decarbonized world.