Infrastructure &
Quality and Finance
The Standard for Sustainable and Resilient Infrastructure (SuRe®)
Multi-stakeholder approach to developing and testing the SuRe® standard
January 2016 to May 2023
The Global Infrastructure Basel Foundation has transitioned to become the Secretariat of the FAST-Infra label, building-up on the SuRe® Standard. GIB is working towards the harmonisation of standards and therefore decided to transition the SuRe® Standard to the FAST-Infra Label. For updated information and resources regarding infrastructure sustainability and the current status of the FAST-Infra Label’s development, please visit the Label website.
Global
Mava Foundation
SuRe® aims to: (1) establish a common understanding of sustainable and resilient infrastructure between project developers, financiers, public sector institutions and end-users (2) improve the quality of projects so they are built on sustainable and resilient principles and (3) help investors identify responsible investment opportunities. SuRe® has been developed by GIB and French investment bank Natixis with the support of stakeholders globally. The Standard integrates requirements for infrastructure projects to contribute at project level to the achievement of the objectives of international frameworks including the United Nations Framework Convention on Climate Change (UNFCCC), the Convention on Biological Diversity (CBD), the Sendai Framework for Disaster Risk Reduction, the International Labour Organisation (ILO) Declaration on Fundamental Principles and Rights at Work and others. SuRe® complements the Equator Principles and integrates the International Finance Corporation (IFC) Performance Standards on Environmental and Social Sustainability.
Unsustainable and vulnerable infrastructure systems are being built, public sector lacks capacities to develop sustainable infrastructure projects, private sector stakeholder lacks data on sustainability and resilience aspects of their investments.
SuRe® – the Standard for Sustainable and Resilient Infrastructure is a third-party-verified, global voluntary standard, developed through a multi-stakeholder approach incorporating inputs from developed and emerging nations to drive the integration of sustainability and resilience aspects into infrastructure development and upgrade by providing guidance and serving as a globally applicable common language tool for infrastructure project developers, financiers and public sector institutions.
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