This presentation was held during the 5th GIB Summit, May 27-28 2015. The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org

1. This presentation was
held during the 5th GIB
Summit, May 27-28 2015.
The presentation and
more information on the
Global Infrastructure Basel
Foundation are available
on
www.gib-foundation.org
The next GIB Summit will take place in Basel,
May 24-25, 2016.
The information and views set out in this presenation are those of the author(s) and do not necessarily reflect the opinion of the Global
Infrastructure Basel Foundation. Neither the Global Infrastructure Basel Foundation nor any person acting on its behalf may be held responsible
for the use of the information contained therein.

2. Solid Standards for Financiers and Designers
2
May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Solid Standards and Ratings
for
Project Financers and Designers
Dr. Andreas Georgoulias
Harvard University

3. Solid Standards for Financiers and Designers
3
May 28, 2015
Prof. Andreas Georgoulias, Harvard University
v How do you monitor, report and verify sustainability?
v How do you evaluate a project's capacity to adjust to a changing
context?
v How do you implement a continuous approach?
v One answer, our answer, is…
Solid Standards and Ratings for Project Financers and Designers

4. Solid Standards for Financiers and Designers
4
May 28, 2015
Prof. Andreas Georgoulias, Harvard University

5. Zofnass
program
for
Sustainable
Infrastructure
Our
mission:
Develop
and
promote
methods,
processes,
and
tools
for
sustainable
infrastructure.
Our
goal:
Expand
the
body
of
knowledge
for
sustainable
infrastructure,
promote
best
prac>ces
and
facilitate
the
adop>on
of
solu>ons
for
infrastructure
projects
and
systems,

6. C
The
Zofnass
program
is
supported
by
a
unique
alliance
with
the
Industry.
The
Sustainable
Industry
Advisory
Board
is
comprised
of
senior
execuAves
from
leading
global
firms.

7. Envision™ was developed in joint
collaboration between the Zofnass
Program for Sustainable Infrastructure
at the Harvard University Graduate
School of Design and the Institute for
Sustainable Infrastructure.
The Institute for Sustainable
Infrastructure is a not-for-profit
education and research organization
founded by the American Public Works
Association, the American Council of
Engineering Companies and the
American Society of Civil Engineers.

8. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University

9. ENVISION
TOOLS
ENVISION
• An in-depth planning guide and rating system
• Includes a manual and online scoring system
• No cost to use for planning or self-assessment
• ISI offers an optional independent, third-party
verification necessary for awards
• A no-cost, simple, project self-assessment
• An educational tool
• Familiarizes users with sustainability
• A comprehensive cost-benefit framework
• Informs investment decisions on infrastructure
• Completely modeled after Envision
• Online educational version free to use
ENVISION
CHECKLIST
ZOFNASS
ECONOMIC TOOL

10. 60 CREDITS IN
5 CATEGORIES
RESTORATIVE
CONSERVING
SUPERIOR
ENHANCED
IMPROVED
QUALITY
OF LIFE
13 CREDITS
LEADERSHIP
10 CREDITS
RESOURCE
ALLOCATION
14 CREDITS
NATURAL
WORLD
15 CREDITS
CLIMATE
AND RISK
8 CREDITS
5 LEVELS OF
ACHIEVEMENT
CONVENTIONAL
DESIGN

11. ENVISION
AWARDS
VERIFICATION
• Independent third-party review
• Optional with associated fee
• Easy to use online process
• Projects must meet a minimum percentage of
points to be eligible
• An ENV SP must submit the project application

12. Types of projects using Envision
- Airports
- Seaports
- Roads
- Power plants
- Wind
- Pipelines
US agencies using Envision:
- Port of Long Beach
- NYC Dept. of Environmental Protection
- CA Dept. of Water Resources
- Los Angeles County DPW
- MassDOT, DelDOT, KCMO, Edina (MN)
- Water and
Sanitation
- Rail
- Stormwater LID
- Hydro
- Transmission
ENVISION
USAGE
UNITED STATES
INTERNATIONAL
Projects appliyng Envision exist in:
US, Canada, Mexico, Brazil, Chile, Colombia,
UK, Italy, Greece, Saudi Arabia, Pakistan, China

14. ❑ Two years of running the
awards
❑ 93 project applications
❑ 26 projects assessed
❑ 18 countries represented
❑ $64 billion of infrastructure
assets
❑ 3 new credits integrated in the
evaluation methodology
❑ 44 energy projects
❑ 20 transportation projects
❑ 6 water projects
❑ 1 (large-scale) iron ore mine
❑ Other typologies
Mission: disseminate a better understanding, theoretical and practical
on how to assess sustainability in infrastructure projects, from design
through operations.
Infrastructure 360 Awards

15. Infrastructure by Typology:
INFRASTRUCTURE
360
AWARDS
26
PROJECT
ASSESSMENTS

16. Diana
Espinosa
President,
Colombian
Society
of
Engineers
Julio
Héctor
Estrada
Ex.
Director,
Nat.
Agency
for
the
Development
of
Economic
Infrastructure
of
Guatemala
TaAana
Bilbao
Founder,
Ta>ana
Bilbao
S.C,
Mexico
Dr.
Helcio
Tokeshi
Managing
Director,
GP
Investments
Julia
Prescot
Chief
Strategy
Officer,
Meridiam
Richard
Lapper
Director,
LatAm
Confiden>al
at
the
Financial
Times
Richard
Frank
President
and
CEO
Darby
Overseas
Investments
Marcos
Siqueira
Exec.
Manager,
PPP
Unit
Minas
Gerais,
Brazil
Simon
Smithson
Partner,
La>n
America
Rogers
S>rk
Harbour
+
Partners
Mark
Tercek
President
and
CEO,
The
Nature
Conservancy
Jerry
Touval
La>n
America
Program
on
Smart
Infrastructure,
The
Nature
Conservancy
Alberto
Alemán
CEO,
ABCO
Global
Inc
Panama
Marcela
Huertas
President
GIP-­‐
Colombia
Pacific
Region
Marty
Janowitz
Vice
President,
Sustainable
Development
Stantec
Rajendra
Pachauri
Chair,
UN
Intergovernmental
Panel
on
Climate
Change
Internationally recognized jurors_
2014/2015

17. INF 360 Awards _ Data Analysis
Project
data
analyAcs
on
sustainability
performance.
Breakdown
by:
❖ Country
❖ Size
❖ Type
-Energy
-Water
-Transportation

18. INF360 Awards_ Project Analysis 2014

19. INF360 Awards_ Data Analysis 2015

20. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Pre-Assessment
Checklist Recognition
Assessment
Phase Toolkits
Companion
Tools

21. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University

22. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
A case study: one need, three alternatives
• Alternative I: business-as-usual, capex X
• Alternative II: capex 1.8X, lower opex
• Alternative III: capex 1.6X, lower opex
Which one to chose??

23. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 1: apply Envision

24. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 2: apply the Zofnass Economic Tool

25. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 3: Quantify impacts

26. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 3: Quantify impacts

27. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 3: Quantify impacts

28. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 3: Quantify impacts

29. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 4: Examine the Life-Cycle of Impacts

30. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Step 5: Compare and decide

31. Solid Standards for Financiers and Designers
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May 28, 2015
Prof. Andreas Georgoulias, Harvard University
Thank you
Dr. Andreas Georgoulias
Harvard University