Teaching Interest
Teaching Interest
Overview
By: John D. Macomber
Description
Teaching and research interests center around the matching of private and instituional capital into large public infrastructure and resilience projects that shape the future of cities and urban environments around the world. The world's population is increaslingly urban, as hundreds of millions of people move to citeis to seek economic opportunity, or because of political displacement, or because of climate displacement. Resource scarcity exists and is worsening: Not enough food, water, land, energy, and too much traffic and garbage. Climate change makes this worse. Yet most federal governments appear unable to rasie and deploy the capital to invest ahead in infrastructure—roads, water, power, sanitation—to support more people living in cities. The infrastrucutre paradox is that there are tens of trillions of dolars in the global financial system earning very low yields and which could potentially be deployed into bankable public infrastructure projects. How to select which ones and how to finance them?