He stated that in the wake of a financial crisis and now with a new government in place "we can postpone investment, but we can not postpone risk".
The report highlights the importance of a long-term vision for the UK's infrastructure which focuses on the existing asset stock and recognises the interdependencies between infrastructure assets. This continued development of infrastructure is paramount to the future of construction.
Speaking after the launch, CIRIA's Head of Infrastructure Asset Management, Chris Chiverrell said: "This report helps to raise awareness of the need for whole-life infrastructure asset management as well as the need for continued investment to make the UK's infrastructure more resilient and adaptable to climate change effects. CIRIA has been leading the way in the provision of guidance to infrastructure asset owners and will continue to facilitate knowledge transfer and capacity building in these areas."
CIRIA is at the forefront of industry developments on infrastructure resilience and climate change adaptation, having recently published a review of the flood resilience of the UK's critical infrastructure. This review studied the interdependencies between critical infrastructure assets, a key theme emanating from the ICE report. CIRIA will continue to work with infrastructure asset owners, the Environment Agency, the Cabinet Office and the cross-government Adapting to Climate Change programme to promote good practice in this area.