Highways, rail networks, airports, national healthcare systems, defence and information technology… As governments around the world prepare to invest heavily in critical infrastructure, an important question remains: who ensure that the major projects to deliver it are well governed and how?

Global infrastructure investments are expected to exceed $150 trillion through 2050, with annual spending increase from US$4.4 trillion in 2024 to US$6.9 trillion in 2050.

Europe alone is preparing to account for a major share of these investments through increasingly ambitious policy instruments: from Jean-Claude Juncker’s €315 billion Investment Plan for Europe in 2014, to the €806 billion NextGeneration EU package in 2020, to Mario Draghi’s call in September 2024 for an additional €800 billion every year, close to 5% of EU GDP, in decarbonisation, digital and strategic technologies, and defence.

Why is governance the missing piece?

Each initiative has been larger and more ambitious than the last. Yet despite the visibility of these plans, the projects they fund are often poorly governed – running over budget and behind schedule. This issue is at the heart of our recent book on governance frameworks for major public projects which support the delivery of infrastructure, enabling and facilitating social and economic activities.

A governance framework refers to the systems, processes, and regulations government implement to improve the likelihood of projects being delivered according to plan and within an allocated timeframe and budget. These frameworks determine who makes decisions, how projects are evaluated, what information is required before funding is approved, and how lessons are retained after completion.

Our comparative study centred on ten national and provincial governments: Norway, the United Kingdom, the Netherlands, Ireland, Denmark, Sweden, the United States, Canada, the province of Quebec, and Australia – as well as supranational entities such as the European Union and the World Bank.

The book focuses on governance arrangements introduced at the topmost level of government for........

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