ECONOMIC ANALYSIS OF CLIMATE-RESILIENT ROAD INFRASTRUCTURE: BALANCING COSTS AND LONG-TERM BENEFITS

Abstract

This paper presents a comprehensive economic analysis of climate-resilient road infrastructure investments, focusing on the balance between upfront costs and long-term benefits. As extreme weather events become more frequent and severe due to climate change, the need for resilient road infrastructure has become increasingly critical. However, the higher initial costs of climate-adaptive designs often pose challenges for decision-makers. This research examines the economic implications of various resilience measures, including innovative materials, enhanced drainage systems, and adaptive design strategies. Through a combination of cost-benefit analysis, life-cycle cost assessment, and case studies from diverse geographic regions, the study demonstrates the long-term economic advantages of investing in climate-resilient road infrastructure. The findings provide valuable insights for policymakers, planners, and engineers in making informed decisions about infrastructure investments in the face of climate uncertainty.