Most countries are underinvesting in their efforts to deal with expected population increases and climate stresses, producing an annual global shortfall of US$350B in global infrastructure spending. With limited budgets, cities will need to ensure that their development strategies and investment decisions enhance both economic and social resilience. In many global cities, priority projects and programs have already been identified; yet, these plans have not attracted the capital required to meet funding needs.
Given the funding gap, the Milken Institute, in collaboration with AECOM, is examining opportunities to make more effective use of public and private capital for the financing of resiliency projects. The collaboration kicked off with the Institute convening a Financial Innovations Lab on July 31, 2018 to examine the remodel of Los Angeles Union Station (LAUS) in a city that ranks worst among major global cities for peak hours spent in congestion. The project, Link US, will transform LAUS from a stub-ended track terminal to a world-class multimodal station.
The Lab used Link US as a case study to brainstorm innovative ways to make more effective use of public capital and attract increased private financing to transformational infrastructure projects across the city and state. The workshop brought together policymakers, technical experts, and finance professionals to generate market-based solutions and public policy recommendations in support of accelerating this transformational project.
Countries undergoing population aging today are facing a much different experience than their historical counterparts. One only needs to look at the countries in Asia to see how these trends are unfolding. Demographic aging is happening...
The 26th annual Milken Institute Global Conference convened the best minds in the world to tackle its most urgent challenges and realize its most exciting opportunities. Throughout the four-day event, our health teams curated nearly three...
Even before the onset of the COVID-19 pandemic, the United States was confronted with a number of significant policy concerns. Today, working together to solve those challenges is more imperative than ever. The Milken Institute is committed...
The Financial Innovations Labs® and FasterCures teams have collaborated on a project to identify new models for financing the antimicrobial resistant antibiotic pipeline. These past 18 months have demonstrated how consequential public...
In this collection of essays from the Center for the Future of Aging, experts identify challenges and opportunities in realizing the potential of healthy, productive and purposeful aging.
Technical Update Dementia presents a pernicious gender-based health disparity in the United States, inflicting a disproportionate burden on women as both patients and caregivers. Given the rapid increase in the population of older Americans...
Nationwide protests in the summer of 2020 sparked many of the largest US corporations to pledge more than $200 billion to advance racial equity and confront the nation’s history of systemic racism. Nonprofits, government agencies, and...
This year’s report, Building a Resilient America: The New Consensus for Action, is part of The Milken Institute-Harris Poll Listening Project, now in its fifth year, which surveys socioeconomic, institutional, and political barriers to...
Employers seek to support their employees while normalizing a whole-person approach to substance use disorders (SUD). The response to addiction and the opioid crisis requires a whole-of-society approach, including employers of all sizes...