The world is spending only $3 trillion a year on infrastructure, half of the $6 trillion a year required from 2015 to 2030.

The agendas of accelerating sustainable development and eradicating poverty and that of climate change are deeply intertwined. Growth strategies that fail to tackle poverty and/or climate change will prove to be unsustainable, and vice versa. A common denominator to the success of both agendas is infrastructure development.

This new McKinsey report examines how the world's growing demand for natural resources can be met. It also looks at how policymakers need to change their approach to resource management to avoid the risk that enter a period of resource price spikes.

Any successful program of action on climate change must support two objectives