{"id":1066,"date":"2026-11-04T11:41:40","date_gmt":"2026-11-04T11:41:40","guid":{"rendered":"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/"},"modified":"2026-11-04T18:24:05","modified_gmt":"2026-11-04T18:24:05","slug":"full","status":"publish","type":"page","link":"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/","title":{"rendered":"Global Infrastructure and Logistics 2026: complete edition"},"content":{"rendered":"\n<!-- Nexus Reports \u00b7 GCRI \u00b7 https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/ \u00b7 source sha256:658431187a05515c6733250873d6ca461280b68d225844245839db9cd64cf84d \u00b7 generated by integrations\/wordpress\/nexus-reports\/build.mjs, never edit this file --><script>window.nexusLiveStrings={\"label\":\"Load the live map\",\"note\":\"Imagery and feeds come from other services (NASA, USGS, OpenStreetMap) and load only when you ask.\"};<\/script><script>(function(){\"use strict\";var n=window,l=document,A=\"nexus.live-map\",K=\"nexus.live-map.reload\";if(n.NXLive){return}var B=[{\"id\":\"gibs\",\"host\":\"gibs.earthdata.nasa.gov\",\"path\":\"^\/(wmts|wms|legends|colormaps)\/\",\"to\":\"\/nx-data\/gibs\",\"credit\":\"NASA GIBS\",\"test\":[\"\/wmts\/epsg3857\/best\/BlueMarble_ShadedRelief_Bathymetry\/default\/GoogleMapsCompatible_Level8\/2\/1\/1.jpeg\",\"\/wmts\/epsg3857\/best\/OPERA_L3_Dynamic_Surface_Water_Extent-HLS\/default\/2026-10-30\/GoogleMapsCompatible_Level12\/3\/2\/4.png\",\"\/wmts\/epsg4326\/best\/ASTER_GDEM_Greyscale_Shaded_Relief\/default\/250m\/0\/0\/0.jpg\",\"\/wmts\/epsg3857\/best\/GOES-East_ABI_GeoColor\/default\/2026-10-31T12:00:00Z\/GoogleMapsCompatible_Level7\/1\/0\/0.png\",\"\/wmts\/epsg4326\/best\/1.0.0\/WMTSCapabilities.xml\",\"\/wms\/epsg4326\/best\/wms.cgi?SERVICE=WMS\\u0026REQUEST=GetMap\\u0026LAYERS=ASTER_GDEM_Color_Index\",\"\/legends\/GPM_Precipitation_Rate_H.svg\"]},{\"id\":\"eonet\",\"host\":\"eonet.gsfc.nasa.gov\",\"path\":\"^\/api\/v3\/\",\"to\":\"\/nx-data\/eonet\",\"credit\":\"NASA EONET\",\"test\":[\"\/api\/v3\/events?status=open\\u0026days=20\",\"\/api\/v3\/events\/geojson?status=open\\u0026days=7\"]},{\"id\":\"usgs\",\"host\":\"earthquake.usgs.gov\",\"path\":\"^\/earthquakes\/feed\/v1\\\\.0\/summary\/\",\"to\":\"\/nx-data\/usgs\",\"credit\":\"U.S. Geological Survey\",\"test\":[\"\/earthquakes\/feed\/v1.0\/summary\/4.5_week.geojson\"]},{\"id\":\"power\",\"host\":\"power.larc.nasa.gov\",\"path\":\"^\/api\/temporal\/\",\"to\":\"\/nx-data\/power\",\"credit\":\"NASA POWER\",\"test\":[\"\/api\/temporal\/daily\/point?parameters=T2M\\u0026community=RE\\u0026longitude=13.4\\u0026latitude=52.5\\u0026start=20261001\\u0026end=20261010\\u0026format=JSON\"]},{\"id\":\"open-meteo\",\"host\":\"open-meteo.com\",\"subs\":[\"api\",\"flood-api\",\"ensemble-api\",\"air-quality-api\",\"marine-api\",\"archive-api\",\"historical-forecast-api\"],\"path\":\"^\/v1\/\",\"to\":\"\/nx-data\/open-meteo\",\"credit\":\"Open-Meteo.com\",\"test\":[\"\/flood-api\/v1\/flood?latitude=52.5\\u0026longitude=13.4\\u0026daily=river_discharge\",\"\/api\/v1\/forecast?latitude=1\\u0026longitude=2\\u0026hourly=temperature_2m\"]},{\"id\":\"metno\",\"host\":\"api.met.no\",\"path\":\"^\/weatherapi\/locationforecast\/2\\\\.0\/(compact|complete)$\",\"to\":\"\/nx-data\/metno\",\"credit\":\"MET Norway\",\"test\":[\"\/weatherapi\/locationforecast\/2.0\/compact?lat=45.2\\u0026lon=8.45\"]},{\"id\":\"oisst\",\"host\":\"coastwatch.pfeg.noaa.gov\",\"path\":\"^\/erddap\/griddap\/ncdcOisst21Agg_LonPM180\\\\.json$\",\"to\":\"\/nx-data\/oisst\",\"credit\":\"NOAA OISST v2.1 (CoastWatch ERDDAP)\",\"test\":[\"\/erddap\/griddap\/ncdcOisst21Agg_LonPM180.json?sst%5B(last)%5D%5B(0.0)%5D%5B(43.5)%5D%5B(7.5)%5D\"]},{\"id\":\"terrain\",\"host\":\"elevation-tiles-prod.s3.amazonaws.com\",\"path\":\"^\/terrarium\/\",\"to\":\"\/nx-data\/terrain\",\"credit\":\"Terrain Tiles (Mapzen, AWS Open Data)\",\"test\":[\"\/terrarium\/3\/4\/2.png\"]},{\"id\":\"ofm\",\"host\":\"tiles.openfreemap.org\",\"path\":\"^\/(styles|planet|fonts|sprites|natural_earth)(\/|$)\",\"to\":\"\/nx-data\/ofm\",\"credit\":\"OpenFreeMap, OpenMapTiles, OpenStreetMap contributors\",\"test\":[\"\/styles\/dark\",\"\/planet\",\"\/planet\/20261029_001001_pt\/3\/4\/2.pbf\",\"\/fonts\/Noto%20Sans%20Regular\/0-255.pbf\",\"\/sprites\/ofm_f384\/ofm@2x.json\"]},{\"id\":\"geoboundaries\",\"host\":\"www.geoboundaries.org\",\"path\":\"^\/api\/current\/\",\"to\":\"\/nx-data\/geoboundaries\",\"credit\":\"geoBoundaries\",\"test\":[\"\/api\/current\/gbOpen\/KEN\/ADM1\/\"]},{\"id\":\"gh-raw\",\"host\":\"raw.githubusercontent.com\",\"path\":\"^\/wmgeolab\/geoBoundaries\/\",\"to\":\"\/nx-data\/gh-raw\",\"credit\":\"geoBoundaries\",\"test\":[\"\/wmgeolab\/geoBoundaries\/9469f09\/releaseData\/gbOpen\/KEN\/ADM1\/geoBoundaries-KEN-ADM1_simplified.geojson\"]},{\"id\":\"gh-media\",\"host\":\"media.githubusercontent.com\",\"path\":\"^\/media\/wmgeolab\/geoBoundaries\/\",\"to\":\"\/nx-data\/gh-media\",\"credit\":\"geoBoundaries\",\"test\":[\"\/media\/wmgeolab\/geoBoundaries\/9469f09\/releaseData\/gbOpen\/KEN\/ADM1\/geoBoundaries-KEN-ADM1_simplified.geojson\"]},{\"id\":\"jsdelivr\",\"host\":\"cdn.jsdelivr.net\",\"path\":\"^\/npm\/(maplibre-gl|h3-js|pmtiles)@[0-9]+\\\\.[0-9]+\\\\.[0-9]+\/dist\/\",\"to\":\"\/nx-data\/jsdelivr\",\"credit\":\"\",\"test\":[\"\/npm\/maplibre-gl@6.9.1\/dist\/maplibre-gl.mjs\",\"\/npm\/h3-js@4.5.0\/dist\/h3-js.umd.js\"]}];var T=[\/(^|\\.)gibs\\.earthdata\\.nasa\\.gov$\/i,\/(^|\\.)eonet\\.gsfc\\.nasa\\.gov$\/i,\/(^|\\.)power\\.larc\\.nasa\\.gov$\/i,\/(^|\\.)earthquake\\.usgs\\.gov$\/i,\/(^|\\.)open-meteo\\.com$\/i,\/(^|\\.)openfreemap\\.org$\/i,\/(^|\\.)openstreetmap\\.org$\/i,\/(^|\\.)cartocdn\\.com$\/i,\/(^|\\.)arcgisonline\\.com$\/i,\/(^|\\.)maplibre\\.org$\/i,\/(^|\\.)protomaps\\.com$\/i,\/(^|\\.)versatiles\\.org$\/i,\/(^|\\.)amazonaws\\.com$\/i,\/(^|\\.)raw\\.githubusercontent\\.com$\/i,\/(^|\\.)media\\.githubusercontent\\.com$\/i,\/(^|\\.)geoboundaries\\.org$\/i,\/(^|\\.)jsdelivr\\.net$\/i,\/(^|\\.)unpkg\\.com$\/i,\/(^|\\.)cdn[j]s\\.cloudflare\\.com$\/i,\/(^|\\.)googleapis\\.com$\/i,\/(^|\\.)gstatic\\.com$\/i];var W=n.nexusLiveStrings?n.nexusLiveStrings:{};var H={label:W.label?W.label:\"Load the live map\",note:\"Some layers of this map come from another service. They load only when you ask.\"};var J=[\"experience\",\"external\",\"optional-content\",\"embeds\",\"media\"];var v=[],f=[],C=0;function z(e,t,r,a){if(typeof e!==\"string\"){return\"\"}if(e.slice(0,8).toLowerCase()!==\"https:\/\/\"){return\"\"}var i=\/^https:\\\/\\\/([A-Za-z0-9.-]+)(?::443)?(\\\/[^?#]*)?(\\?[^#]*)?\/.exec(e);if(!i){return\"\"}var o=i[1].toLowerCase(),s=i[2]?i[2]:\"\/\",R=i[3]?i[3]:\"\";for(var m=0;m<t.length;m++){var h=t[m],L=\"\";if(h.subs){var M=\".\"+h.host;if(o.length<=M.length){continue}if(o.slice(o.length-M.length)!==M){continue}L=o.slice(0,o.length-M.length);if(h.subs.indexOf(L)<0){continue}}else if(o!==h.host){continue}if(!new RegExp(h.path).test(s)){continue}return r+a+h.to.slice(9)+(L?\"\/\"+L:\"\")+s+R}return\"\"}var O=n.location.protocol===\"https:\"?n.location.origin:n.location.protocol===\"http:\"?n.location.origin:\"\";var u=typeof n.NX_DATA_BASE===\"string\"?n.NX_DATA_BASE:\"\/nx-data\/\";if(u.charAt(u.length-1)!==\"\/\"){u+=\"\/\"}var D=O!==\"\"?n.NX_DATA!==false:false;function F(e){if(!e){return\"\"}if(typeof e===\"string\"){return e}if(e.url){return String(e.url)}if(e.href){return String(e.href)}return String(e)}function p(e){return D?z(F(e),B,O,u):\"\"}var k={};function oe(e){var t=e.slice(O.length+u.length);return t.slice(0,t.indexOf(\"\/\"))}function j(e,t){var r=oe(e),a=k[r]=k[r]||{req:0,ok:0,fail:0};a[t]++}function se(){try{if(n.localStorage.getItem(A)===\"1\"){return true}}catch(e){}try{return n.sessionStorage.getItem(A)===\"1\"}catch(e){return false}}function $(){var e=n.nexusConsent;if(!e){return null}return typeof e.allows===\"function\"?e:null}function le(){var e=n.nexusConsent;if(!e){return false}if(typeof e.granted!==\"function\"){return false}for(var t=0;t<J.length;t++){try{if(e.granted(J[t])){return true}}catch(r){}}return false}function I(e,t){if(typeof e.features!==\"function\"){return false}try{return e.features().indexOf(t)>=0}catch(r){return false}}function Y(e){var t=n.nexusConsent;if(!t){return false}if(typeof t.switchedOff!==\"function\"){return false}try{return t.switchedOff(e)===true}catch(r){return false}}function b(){var e=$();if(e){var t=I(e,\"map-embeds\")?\"map-embeds\":\"maps\";try{if(e.allows(t)===true){return true}}catch(r){}}return se()?true:le()}function d(e){var t=e?e:\"maps\";if(t===\"map-embeds\"){return b()}return!Y(t===\"globe\"?\"globe\":\"maps\")?!Y(\"maps\"):false}function ce(e){try{var t=new URL(F(e),l.baseURI);if(t.protocol!==\"http:\"){if(t.protocol!==\"https:\"){return\"\"}}return t.origin===n.location.origin?\"\":t.hostname}catch(r){return\"\"}}var Z=0;function g(e){var t=ce(e);if(!t){return false}var r=false;for(var a=0;a<T.length;a++){if(T[a].test(t)){r=true;break}}if(!r){return false}if(p(e)){return!d(\"maps\")}if(b()){return false}C++;Z++;return true}var q=0;function c(){if(q){return}q=setTimeout(function(){q=0;U()},250)}function y(e){setTimeout(function(){try{e.dispatchEvent(new Event(\"error\"))}catch(t){}},0)}var N=n.fetch;if(N){n.fetch=function(e,t){var r=p(e);if(r){if(!d(\"maps\")){C++;c();return Promise.reject(new TypeError(\"Maps are switched off in your privacy choices\"))}var a=e;if(typeof e===\"string\"){a=r}else if(n.Request?e instanceof n.Request:false){a=new n.Request(r,e)}else{a=r}j(r,\"req\");var i=arguments.length>1?N.call(n,a,t):N.call(n,a);i.then(function(o){j(r,o.ok?\"ok\":\"fail\")},function(o){if(o?o.name!==\"AbortError\":true){j(r,\"fail\")}});return i}if(g(e)){c();return Promise.reject(new TypeError(\"Blocked until the live map is loaded\"))}return N.apply(this,arguments)}}var x=n.XMLHttpRequest?n.XMLHttpRequest.prototype:null;if(x){var fe=x.open,ue=x.send;x.open=function(e,t){var r=p(t);if(r){arguments[1]=r}this.__nxLiveUrl=r?r:t;return fe.apply(this,arguments)};x.send=function(){if(g(this.__nxLiveUrl)){c();y(this);return}return ue.apply(this,arguments)}}var w=n.HTMLImageElement?Object.getOwnPropertyDescriptor(n.HTMLImageElement.prototype,\"src\"):null;if(w){if(w.set){Object.defineProperty(n.HTMLImageElement.prototype,\"src\",{configurable:true,enumerable:w.enumerable,get:w.get,set:function(e){var t=p(e);if(g(e)){c();y(this);return}w.set.call(this,t?t:e)}})}}var _=n.Element?n.Element.prototype.setAttribute:null;if(_){n.Element.prototype.setAttribute=function(e,t){if(e===\"src\"){if(this.tagName===\"IMG\"){if(g(t)){c();y(this);return}var r=p(t);if(r){return _.call(this,e,r)}}}return _.apply(this,arguments)}}function Q(e){if(!e){return false}var t=e.tagName===\"SCRIPT\"?\"src\":e.tagName===\"LINK\"?\"href\":\"\";if(!t){return false}var r=e.getAttribute?e.getAttribute(t):\"\";var a=r?p(r):\"\";if(a){_.call(e,t,a);return false}return g(e[t])}if(n.Node){var pe=n.Node.prototype.appendChild,de=n.Node.prototype.insertBefore;n.Node.prototype.appendChild=function(e){if(Q(e)){c();y(e);return e}return pe.apply(this,arguments)};n.Node.prototype.insertBefore=function(e){if(Q(e)){c();y(e);return e}return de.apply(this,arguments)}}var S=n.Worker;if(S?D:false){var ge=\"(function(){var T=\"+JSON.stringify(B)+\",O=\"+JSON.stringify(O)+\",B=\"+JSON.stringify(u)+\",R=\"+z.toString()+',f=self.fetch;if(!f){return;}self.fetch=function(i,o){var u=typeof i===\"string\"?i:(i?(i.url?i.url:String(i)):\"\"),r=R(u,T,O,B);if(r){i=(typeof i===\"string\"?r:(typeof Request!==\"undefined\"?(i instanceof Request?new Request(r,i):r):r));}return arguments.length>1?f.call(self,i,o):f.call(self,i);};})();\\n';var P=function(e,t){if(!(this instanceof P)){return new S(e,t)}try{var r=new URL(String(e),l.baseURI);if(r.protocol===\"blob:\"?true:r.origin===n.location.origin){var a=t?t.type===\"module\":false;var i=ge+(a?\"import \"+JSON.stringify(r.href)+\";\\n\":\"importScripts(\"+JSON.stringify(r.href)+\");\\n\");return new S(URL.createObjectURL(new Blob([i],{type:\"text\/javascript\"})),t)}}catch(o){}return new S(e,t)};P.prototype=S.prototype;try{n.Worker=P}catch(e){}}var V='[data-nx-map=\"ctx-field\"],[data-nx-le],[data-nx-eo],[data-grx-globe],[data-grx-obs],.nx-sb[data-nx-sb]';function ee(){var e=[l];var t=l.querySelectorAll(\"*\");for(var r=0;r<t.length;r++){if(t[r].shadowRoot){e.push(t[r].shadowRoot)}}return e}function G(){return d(\"maps\")?Z>0?!b():false:true}function te(){var e=$();if(e){if(typeof e.enable===\"function\"){if(!d(\"maps\")){try{e.enable(\"maps\",\"site\")}catch(t){}try{e.enable(\"globe\",\"site\")}catch(t){}}if(I(e,\"map-embeds\")){try{e.enable(\"map-embeds\",\"site\")}catch(t){}}else{try{e.enable(\"maps\",\"site\")}catch(t){}}E();return}}try{n.localStorage.setItem(A,\"1\")}catch(t){try{n.sessionStorage.setItem(A,\"1\")}catch(r){}}E()}function me(e,t){var r=e.createElement(\"button\");r.type=\"button\";r.textContent=H.label;r.setAttribute(\"style\",\"pointer-events:auto;min-height:44px;min-width:44px;padding:0 18px;cursor:pointer;font:inherit;font-weight:600;font-size:14px;line-height:1.2;border-radius:2px;border:1px solid var(--nx-border-strong,#8a8a8a);background:var(--nx-text-primary,#111);color:var(--nx-bg-canvas,#fff)\");var a=\"nx-live-note-\"+Math.floor(Math.random()*1e9);r.setAttribute(\"aria-describedby\",a);r.addEventListener(\"click\",te);r.addEventListener(\"focus\",function(){r.style.outline=\"2px solid var(--nx-focus,#4c9aff)\";r.style.outlineOffset=\"2px\"});r.addEventListener(\"blur\",function(){r.style.outline=\"\"});var i=e.createElement(\"span\");i.id=a;i.textContent=H.note;i.setAttribute(\"style\",\"pointer-events:none;font-size:12px;line-height:1.4;padding:3px 7px;border-radius:2px;background:var(--nx-bg-canvas,#fff);color:var(--nx-text-secondary,#333);border:1px solid var(--nx-border-hairline,#bbb);max-width:34em\");t.appendChild(r);t.appendChild(i)}function he(e){var t=e.ownerDocument;var r=t.createElement(\"div\");r.className=\"nx-live-gate\";r.setAttribute(\"style\",\"position:absolute;inset-block-start:10px;inset-inline-start:10px;z-index:6;display:flex;flex-direction:column;align-items:flex-start;gap:6px;max-width:calc(100% - 20px);pointer-events:none;font:inherit\");var a=$();var i=false;if(a){if(typeof a.placeholder===\"function\"){try{var o=t.createElement(\"div\");o.setAttribute(\"style\",\"pointer-events:auto\");r.appendChild(o);a.placeholder(o,d(\"maps\")?I(a,\"map-embeds\")?\"map-embeds\":\"maps\":\"maps\");i=o.childNodes.length>0;if(!i){r.removeChild(o)}}catch(s){i=false}}}if(!i){me(t,r)}return r}function U(){if(!G()){return}var e=ee();for(var t=0;t<e.length;t++){var r=e[t].querySelectorAll(V);for(var a=0;a<r.length;a++){var i=r[a];if(i.getAttribute(\"data-nx-live-gate\")){continue}if(i.closest(\".nx-live-gate\")){continue}var o=i.getBoundingClientRect();if(o.width<120){continue}var s=i.querySelector(\".le-stage,.eo-stage\");if(!s){if(i.hasAttribute(\"data-nx-le\")?true:i.hasAttribute(\"data-nx-eo\")){continue}s=i}i.setAttribute(\"data-nx-live-gate\",\"1\");var R=n.getComputedStyle(s);if(R.position===\"static\"){s.style.position=\"relative\"}var m=he(s);s.appendChild(m);f.push({host:i,wrap:m,stage:s})}}ve()}function ve(){for(var e=0;e<f.length;e++){var t=f[e].stage,r=t?t.querySelector(\".nx-wm-presets\"):null;var a=r?r.getBoundingClientRect():null;if(a?a.height>0:false){var i=Math.round(a.bottom-t.getBoundingClientRect().top+8)+\"px\";if(f[e].wrap.style.insetBlockStart!==i){f[e].wrap.style.insetBlockStart=i}}}}function be(){for(var e=0;e<f.length;e++){try{f[e].wrap.remove()}catch(t){}try{f[e].host.removeAttribute(\"data-nx-live-gate\")}catch(t){}}f=[]}function ye(e,t,r){v.push({name:e,selector:t,fn:r});if(X){try{r(\"on\")}catch(a){}}}function xe(e){for(var t=0;t<v.length;t++){try{v[t].fn(e)}catch(r){}}}function we(){var e=[],t=ee();for(var r=0;r<t.length;r++){var a=t[r].querySelectorAll(V);for(var i=0;i<a.length;i++){var o=false;for(var s=0;s<v.length;s++){try{if(a[i].matches(v[s].selector)){o=true;break}}catch(R){}}if(!o){e.push(a[i])}}}return e}function Se(e){if(C===0){return}if(we().length===0){return}var t=e?\"on\":\"off\";try{if(n.sessionStorage.getItem(K)===t){return}n.sessionStorage.setItem(K,t)}catch(r){return}n.location.reload()}function re(){return!G()}var X=re();var ne=b();function E(){var e=re(),t=b(),r=e!==X?true:t!==ne;ne=t;if(!r){if(!e){c()}return}X=e;if(e){be()}xe(e?\"on\":\"off\");if(!e){c()}try{l.dispatchEvent(new CustomEvent(\"nexus:live-map\",{detail:{granted:e}}))}catch(a){}Se(e)}function ae(){U();if(n.MutationObserver){var e=new n.MutationObserver(function(){if(!G()){return}c()});e.observe(l.documentElement,{childList:true,subtree:true});setTimeout(function(){e.disconnect()},2e4)}}if(l.readyState===\"loading\"){l.addEventListener(\"DOMContentLoaded\",ae)}else{ae()}n.addEventListener(\"load\",function(){setTimeout(U,400)});l.addEventListener(\"nexus-consent:ready\",E);l.addEventListener(\"nexus-consent:change\",E);var ie=0;var Ee=setInterval(function(){ie++;E();if(ie>40){clearInterval(Ee)}},400);n.NXData={url:function(e){return p(e)},table:B,base:u,on:D,stats:function(){return JSON.parse(JSON.stringify(k))}};n.NXLive={allowed:d,blocked:g,grant:te,register:ye,hosts:T.length,data:n.NXData}})();<\/script><style>.pix-dark-mode-switch, .bx-color-mode-toggle, .color-switcher, .page-headline { display: none !important; }<\/style><script type=\"text\/x-nexus\" class=\"_iub_cs_skip\" id=\"nxe-mount\" data-nx-run=\"mount\">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<\/script><script class=\"_iub_cs_skip\" id=\"nxe-boot\">if(typeof window.__nxStill!==\"function\")window.__nxStill=function(){try{if(document.documentElement.hasAttribute(\"data-nx-still\"))return true;if(document.body?\/(?:^|\\s)mdp-readabler-stop-animations(?:\\s|$)\/.test(document.body.className):false)return true;var _=JSON.parse(window.localStorage.getItem(\"readabler\")||\"{}\");return _?_.stopAnimations===true||_.stopAnimations===\"true\"||_.stopAnimations===1:false}catch(K){return false}};(function(){function _(r,i){var f=atob(r),o=new Uint8Array(f.length),e;for(e=0;e< f.length;e++){o[e]=f.charCodeAt(e)}var s=0,a=0,u=0,n=new Uint8Array(Math.max(1024,o.length*6)),t=0;var c=[3,4,5,6,7,8,9,10,11,13,15,17,19,23,27,31,35,43,51,59,67,83,99,115,131,163,195,227,258];var d=[0,0,0,0,0,0,0,0,1,1,1,1,2,2,2,2,3,3,3,3,4,4,4,4,5,5,5,5,0];var m=[1,2,3,4,5,7,9,13,17,25,33,49,65,97,129,193,257,385,513,769,1025,1537,2049,3073,4097,6145,8193,12289,16385,24577];var E=[0,0,0,0,1,1,2,2,3,3,4,4,5,5,6,6,7,7,8,8,9,9,10,10,11,11,12,12,13,13];var lt=[16,17,18,0,8,7,9,6,10,5,11,4,12,3,13,2,14,1,15];function b(h){while(u< h){if(s>=o.length){throw new Error(\"nx-inflate: truncated\")}a|=o[s++]<< u;u+=8}var w=a%(1<< h);a>>>=h;u-=h;return w}function S(h,w,v){var g=new Uint16Array(16),A=new Uint16Array(16),p=new Uint16Array(v),x;for(x=0;x< v;x++){g[h[w+x]]++}g[0]=0;for(x=1;x<16;x++){A[x]=A[x-1]+g[x-1]}for(x=0;x< v;x++){if(h[w+x]){p[A[h[w+x]]++]=x}}return{count:g,sym:p}}function P(h){var w=0,v=0,g=0,A,p;for(A=1;A<16;A++){w|=b(1);p=h.count[A];if(w-p< v){return h.sym[g+(w-v)]}g+=p;v+=p;v<<=1;w<<=1}throw new Error(\"nx-inflate: bad code\")}function B(h){if(t+h<=n.length){return}var w=new Uint8Array(Math.max(n.length*2,t+h));w.set(n.subarray(0,t));n=w}var q=null,Z=null,k=0;while(!k){k=b(1);var J=b(2),H,F;if(J===0){a=0;u=0;var R=o[s]|o[s+1]<<8;s+=4;B(R);n.set(o.subarray(s,s+R),t);t+=R;s+=R;continue}if(J===1){if(!q){var tt=new Uint8Array(288),nt=new Uint8Array(30);for(e=0;e<288;e++){tt[e]=e<144?8:e<256?9:e<280?7:8}for(e=0;e<30;e++){nt[e]=5}q=S(tt,0,288);Z=S(nt,0,30)}H=q;F=Z}else if(J===2){var G=b(5)+257,et=b(5)+1,xt=b(4)+4,N=new Uint8Array(320),rt=new Uint8Array(19);for(e=0;e< xt;e++){rt[lt[e]]=b(3)}var ht=S(rt,0,19),I=0;while(I< G+et){var $=P(ht),X=0,at=0;if($<16){N[I++]=$;continue}if($===16){if(!I){throw new Error(\"nx-inflate: bad repeat\")}at=N[I-1];X=3+b(2)}else if($===17){X=3+b(3)}else{X=11+b(7)}while(X--){N[I++]=at}}H=S(N,0,G);F=S(N,G,et)}else{throw new Error(\"nx-inflate: bad block\")}for(;;){var y=P(H);if(y<256){B(1);n[t++]=y;continue}if(y===256){break}y-=257;var it=c[y]+b(d[y]),ot=P(F),ut=m[ot]+b(E[ot]);if(ut>t){throw new Error(\"nx-inflate: bad distance\")}B(it);for(var ft=0;ft< it;ft++){n[t]=n[t-ut];t++}}}return i?n.subarray(0,t):new TextDecoder(\"utf-8\").decode(n.subarray(0,t))}if(typeof window.__nxInflate!==\"function\"){window.__nxInflate=_}function K(r){var i=_(r,true),f=i[0]|i[1]<<8|i[2]<<16|i[3]<<24;var o=i.subarray(4+f);function e(s,a){var u=\"\",n=o.subarray(s,s+a);for(var t=0;a>t;t+=8192){u+=String.fromCharCode.apply(null,n.subarray(t,t+8192))}return btoa(u)}return JSON.parse(new TextDecoder(\"utf-8\").decode(i.subarray(4,4+f)),function(s,a){return a?a.$b?e(a.$b[0],a.$b[1]):a:a})}if(typeof window.__nxUnpack!==\"function\"){window.__nxUnpack=K}if(typeof window.__nxLate!==\"function\"){window.__nxLate=function(r,i){if(document.readyState!==\"loading\"){return null}if(!document.querySelector('template[data-nx-libs-last~=\"'+r+'\"]')){return null}return new Promise(function(f,o){document.addEventListener(\"DOMContentLoaded\",function(){var e=i();if(e){f(e)}else{o(new Error(\"nx-late: \"+r))}},{once:true})})}}if(typeof window.__nxAsset!==\"function\"){var U={};window.__nxAsset=function(r,i){if(U[r]){return U[r]}var f=document.getElementById(\"nxe-boot\"),o=[],e=window.NX_ASSET_BASE,s=f?f.getAttribute(\"data-nx-asset-base\"):\"\";if(e){o.push(String(e))}if(s){o.push(s)}o.push(\"\/wp-content\/uploads\/nexus-assets\/\");function a(t){if(!i){return t}return crypto.subtle.digest(\"SHA-256\",new TextEncoder().encode(t)).then(function(c){if(\"sha256-\"+btoa(String.fromCharCode.apply(null,new Uint8Array(c)))!==i){throw new Error(\"nx-asset: integrity\")}return t})}function u(t){if(t>=o.length){return Promise.reject(new Error(\"nx-asset: \"+r))}var c=o[t].charAt(o[t].length-1)===\"\/\"?o[t]:o[t]+\"\/\";return fetch(c+r,{credentials:\"omit\"}).then(function(d){if(!d.ok){throw new Error(\"nx-asset: \"+d.status)}return d.text()}).then(a).then(null,function(){return u(t+1)})}var n=u(0);U[r]=n;n.then(null,function(){delete U[r]});return n}}if(typeof window.__nxText!==\"function\"){window.__nxText=function(r){if(!r){return Promise.reject(new Error(\"nx-text: none\"))}var i=r.getAttribute(\"data-nx-asset\");if(i?!r.textContent:false){return window.__nxAsset(i,r.getAttribute(\"data-nx-sri\")||\"\")}return Promise.resolve(r.textContent)}}var j=null;function Q(r){var i=window.NX_RUNTIME||{},f=i.base||window.NX_RUNTIME_BASE||\"\";if(!f||!window.fetch){return Promise.resolve(null)}if(!j){j=fetch(f+\"manifest.json\",{credentials:\"same-origin\",cache:\"no-store\"}).then(function(o){return o.ok?o.json():null}).then(null,function(){return null})}return j.then(function(o){var e=o?(o.files||o)[r.replace(\/\\.[0-9a-f]{12}(\\.js)$\/,\"$1\")]:null;return e?e.file?[f+e.file,e.sri||\"\"]:null:null})}function st(r){var i=r.getAttribute(\"data-nx-asset\");if(i?!r.textContent:false){return window.__nxAsset(i,r.getAttribute(\"data-nx-sri\")||\"\").then(function(n){return window.__nxInflate(n)})}var f=r.getAttribute(\"data-nx-src\");if(f?!r.textContent:false){var o=window.NX_RUNTIME||{},e=o.base||window.NX_RUNTIME_BASE||\"\",s=(o.files||{})[f.replace(\/\\.[0-9a-f]{12}(\\.js)$\/,\"$1\")]||null,a=[];if(e){a.push([e+f,r.getAttribute(\"data-nx-sri\")||\"\"])}if(s?!!s.url:false){a.push([s.url,s.sri||\"\"])}var u=function(n){if(n===a.length?!a.live:false){a.live=true;return Q(f).then(function(c){if(!c){throw new Error(\"nx-lazy: \"+f)}a.push(c);return u(n)})}if(n>=a.length){return Promise.reject(new Error(\"nx-lazy: \"+f))}var t={credentials:\"same-origin\"};if(a[n][1]){t.integrity=a[n][1]}return fetch(a[n][0],t).then(function(c){if(!c.ok){throw new Error(\"nx-lazy: \"+c.status)}return c.text()}).then(null,function(){return u(n+1)})};return u(0)}return Promise.resolve(window.__nxInflate(r.textContent))}function ct(r){var i=r[0].getAttribute(\"data-nx-on-sight\")||\"[data-nx-map]\",f=null,o=false;function e(){if(o){return}o=true;if(f){f.disconnect()}var a=document.querySelectorAll(\"script[data-nx-on-sight][data-nx-asset]:not([data-nx-run])\"),u=[];for(var n=0;n!==a.length;n++){(function(t){if(t.textContent){return}u.push(window.__nxAsset(t.getAttribute(\"data-nx-asset\"),t.getAttribute(\"data-nx-sri\")||\"\").then(function(c){t.textContent=c;t.removeAttribute(\"data-nx-asset\")},function(){t.setAttribute(\"data-nx-ran\",\"failed\")}))})(a[n])}Promise.all(u.concat(r.map(function(t){return st(t).then(null,function(){return null})}))).then(function(t){var c=t.slice(u.length);for(var d=0;d!==r.length;d++){if(c[d]===null){r[d].setAttribute(\"data-nx-ran\",\"failed\");continue}var m=document.createElement(\"script\");m.className=\"_iub_cs_skip\";m.setAttribute(\"data-nx-runtime\",r[d].getAttribute(\"data-nx-run\"));m.textContent=c[d];(document.head||document.documentElement).appendChild(m);r[d].setAttribute(\"data-nx-ran\",\"true\")}try{document.dispatchEvent(new CustomEvent(\"nexus:lazy-ready\"))}catch(E){}})}function s(){if(o){return}var a=[document],u=document.querySelectorAll(\".nxe-host\"),n=[],t,c;for(t=0;t!==u.length;t++){if(u[t].shadowRoot){a.push(u[t].shadowRoot)}}for(t=0;t!==a.length;t++){c=a[t].querySelectorAll(i);for(var d=0;d!==c.length;d++){n.push(c[d])}}if(!n.length){return}if(!window.IntersectionObserver){e();return}f=f||new IntersectionObserver(function(m){for(var E=0;E!==m.length;E++){if(m[E].isIntersecting){e();return}}},{rootMargin:\"800px 0px 800px 0px\"});for(t=0;t!==n.length;t++){if(!n[t].__nxLazySeen){n[t].__nxLazySeen=true;f.observe(n[t])}}}document.addEventListener(\"DOMContentLoaded\",s);document.addEventListener(\"nexus:runtime-ready\",s);window.addEventListener(\"load\",s);setTimeout(s,0)}var V=document.querySelectorAll(\"script[data-nx-run]\"),C=[],z=[];for(var D=0;D< V.length;D++){var l=V[D];if(l.hasAttribute(\"data-nx-ran\")){continue}if(l.hasAttribute(\"data-nx-on-sight\")){l.setAttribute(\"data-nx-ran\",\"waiting\");z.push(l);continue}if(l.hasAttribute(\"data-nx-src\")?!l.textContent:false){l.setAttribute(\"data-nx-ran\",\"loading\");C.push(l);continue}if(l.hasAttribute(\"data-nx-asset\")?!l.textContent:false){l.setAttribute(\"data-nx-ran\",\"loading\");C.push(l);continue}l.setAttribute(\"data-nx-ran\",\"true\");try{var L=document.createElement(\"script\");L.className=\"_iub_cs_skip\";L.setAttribute(\"data-nx-runtime\",l.getAttribute(\"data-nx-run\"));L.textContent=window.__nxInflate(l.textContent);(document.head||document.documentElement).appendChild(L)}catch(r){l.setAttribute(\"data-nx-ran\",\"failed\")}}if(z.length){ct(z)}if(!C.length){return}var W=window.NX_RUNTIME||{},Y=W.base||window.NX_RUNTIME_BASE||\"\",T=window.__nxMount,O=[];if(typeof T===\"function\"){window.__nxMount=function(r){O.push(r)}}function dt(){if(typeof T===\"function\"){window.__nxMount=T;for(var r=0;r< O.length;r++){try{T(O[r])}catch(i){}}}try{document.dispatchEvent(new CustomEvent(\"nexus:runtime-ready\"))}catch(i){}}function M(r){if(r>=C.length){dt();return}var i=C[r],f=i.getAttribute(\"data-nx-src\")||\"\",o=W.files||{},e=[];if(i.hasAttribute(\"data-nx-asset\")){window.__nxAsset(i.getAttribute(\"data-nx-asset\"),i.getAttribute(\"data-nx-sri\")||\"\").then(function(u){var n=document.createElement(\"script\");n.className=\"_iub_cs_skip\";n.setAttribute(\"data-nx-runtime\",i.getAttribute(\"data-nx-run\"));n.textContent=window.__nxInflate(u);(document.head||document.documentElement).appendChild(n);i.setAttribute(\"data-nx-ran\",\"true\")}).then(null,function(){i.setAttribute(\"data-nx-ran\",\"failed\")}).then(function(){M(r+1)});return}var s=o[f.replace(\/\\.[0-9a-f]{12}(\\.js)$\/,\"$1\")]||null;if(Y){e.push([Y+f,i.getAttribute(\"data-nx-sri\")||\"\"])}if(s?!!s.url:false){e.push([s.url,s.sri||\"\"])}function a(u){if(u===e.length?!e.live:false){e.live=true;Q(f).then(function(t){if(t){e.push(t)}a(u)});return}if(u>=e.length){i.setAttribute(\"data-nx-ran\",\"failed\");M(r+1);return}var n=document.createElement(\"script\");n.className=\"_iub_cs_skip\";n.setAttribute(\"data-nx-runtime\",i.getAttribute(\"data-nx-run\"));if(e[u][1]){n.integrity=e[u][1]}n.onload=function(){i.setAttribute(\"data-nx-ran\",\"true\");M(r+1)};n.onerror=function(){if(n.parentNode){n.parentNode.removeChild(n)}a(u+1)};n.src=e[u][0];(document.head||document.documentElement).appendChild(n)}a(0)}M(0)})();<\/script><div class=\"nxe-host\" data-nxe-embed=\"nr-gcri-editions-gs-09-full\"><div class=\"nxe\" id=\"nxe-nr-gcri-editions-gs-09-full\" data-inst=\"gcri\" data-host=\"gcri\" data-nr-kit=\"true\" data-nr-pub=\"true\" data-theme=\"light\" data-grammar=\"atlas\" lang=\"en\" data-nx-css=\"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\"><style>#nxe-nr-gcri-editions-gs-09-full.nxe{display:block;box-sizing:border-box;max-width:1180px;margin:0 auto;padding:0 16px;font-family:ui-sans-serif,system-ui,-apple-system,\"Segoe UI\",sans-serif;line-height:1.55;overflow-wrap:break-word}#nxe-nr-gcri-editions-gs-09-full.nxe :where(*,*::before,*::after){box-sizing:inherit}#nxe-nr-gcri-editions-gs-09-full.nxe :where(section,header,footer,nav,aside){display:block;margin:0 0 32px}#nxe-nr-gcri-editions-gs-09-full.nxe :where(h1,h2,h3,h4){line-height:1.2;margin:24px 0 12px;font-weight:600}#nxe-nr-gcri-editions-gs-09-full.nxe :where(p,ul,ol,dl,table,figure,details){margin:0 0 16px}#nxe-nr-gcri-editions-gs-09-full.nxe :where(ul,ol){padding-left:20px}#nxe-nr-gcri-editions-gs-09-full.nxe a{color:inherit;text-decoration:underline;text-underline-offset:2px}#nxe-nr-gcri-editions-gs-09-full.nxe table{border-collapse:collapse;width:100%;display:block;overflow-x:auto}#nxe-nr-gcri-editions-gs-09-full.nxe :where(th,td){padding:6px 8px;text-align:left;vertical-align:top;border-bottom:1px solid;border-color:inherit}#nxe-nr-gcri-editions-gs-09-full.nxe svg{display:none}#nxe-nr-gcri-editions-gs-09-full.nxe svg.nx-i{display:inline-block;width:18px;height:18px;vertical-align:-3px}#nxe-nr-gcri-editions-gs-09-full.nxe :where([role=\"tablist\"],[role=\"toolbar\"],[hidden],button,.nx-theme-toggle,.nx-live-slot){display:none}#nxe-nr-gcri-editions-gs-09-full.nxe img{max-width:100%;height:auto}<\/style><svg class=\"nx-defs\" aria-hidden=\"true\" focusable=\"false\" width=\"0\" height=\"0\"><defs><linearGradient id=\"nx-gi\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-giu\" gradientUnits=\"userSpaceOnUse\" x1=\"0\" y1=\"0\" x2=\"800\" y2=\"0\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-gp\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gp-a\"\/><stop offset=\"1\" class=\"nx-gp-b\"\/><\/linearGradient><\/defs><\/svg><div class=\"nrp\"><div class=\"nrp-wrap\"><p class=\"nrj-draft\" data-nrj-shared=\"draft\" role=\"note\"><strong>Draft, not yet released.<\/strong> In stewardship review. Not indexed until the first approved release.<\/p><article class=\"nrp-flow\"><header class=\"nrp-hero\"><div class=\"nrp-hero-grid\"><div><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\">Reports<\/li><li class=\"nf-ui-eyebrow\">Baseline Edition 2026<\/li><li class=\"nf-ui-eyebrow\">Complete edition<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h1 class=\"pp-hero-title nrp-hero-title-l\">Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure, Transport and Logistics.<\/h1><p class=\"nrp-lede\"><\/p><div class=\"nrp-actions\"><button class=\"nf-ui-btn\" data-variant=\"primary\" type=\"button\" data-nrp-act=\"print\" hidden><svg class=\"nrp-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M6 18H4a2 2 0 0 1-2-2v-5a2 2 0 0 1 2-2h16a2 2 0 0 1 2 2v5a2 2 0 0 1-2 2h-2\"\/><path d=\"M6 9V3a1 1 0 0 1 1-1h10a1 1 0 0 1 1 1v6\"\/><rect x=\"6\" y=\"14\" width=\"12\" height=\"8\" rx=\"1\"\/><\/svg>Print or save as PDF<\/button><a class=\"nf-ui-btn\" data-variant=\"secondary\" href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\"><svg class=\"nrp-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M19 12H5\"\/><path d=\"m12 19-7-7 7-7\"\/><\/svg>Edition home<\/a><\/div><p class=\"nrp-note nrp-noprint\">Choose A4 or Letter in the print dialog; running heads and page numbers are added in print. This is a review copy: the signed PDF with its DOI is issued at release.<\/p><\/div><div><div class=\"nrp-cover\"><div class=\"nrp-cover-top\"><span class=\"nf-ui-eyebrow\">Reports<\/span><span class=\"nf-ui-eyebrow\">GS-09<\/span><\/div><span class=\"nrp-cover-rule\" aria-hidden=\"true\"><\/span><p class=\"nrp-cover-k\">Global Sector Risk and Resilience<\/p><p class=\"nrp-cover-t\">Global Infrastructure and Logistics 2026<\/p><p class=\"nrp-cover-s\"><\/p><div class=\"nrp-cover-foot\"><span>Baseline Edition 2026<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><span><abbr title=\"The Global Centre for Risk and Innovation\">GCRI<\/abbr> for the Nexus Consortium<\/span><\/div><\/div><\/div><\/div><\/header><section class=\"nrp-block nrp-imprint\" aria-label=\"Imprint\"><p class=\"nf-ui-eyebrow\">Imprint<\/p><dl class=\"nrp-dl\"><dt>Editor<\/dt><dd>Saeed Valadbaygi, Chief Steward and Managing Editor, the Global Centre for Risk and Innovation (GCRI)<\/dd><dt>Publisher of record<\/dt><dd>The Global Centre for Risk and Innovation (GCRI) for the Nexus Consortium, Toronto<\/dd><dt>Report number<\/dt><dd class=\"nrp-mono\">NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/dd><dt>Evidence close<\/dt><dd>30 September 2026, cut DC-SECTOR-INFRASTRUCTURE-GLOBAL-2026-B0<\/dd><dt>Status<\/dt><dd>Draft under stewardship review; not yet released<\/dd><dt>DOI and UNI<\/dt><dd>Issued at deposit<\/dd><dt>Licence<\/dt><dd>CC BY 4.0 for Nexus-authored text, tables and figures; third-party material keeps its own licence<\/dd><dt>Cite as<\/dt><dd>Valadbaygi, S. (Ed.). (2026). Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure, Transport and Logistics. (Baseline Edition 2026, Report No. NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE) [Draft under review]. The Global Centre for Risk and Innovation (GCRI). https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/<\/dd><\/dl><\/section><section class=\"nrp-block\" aria-label=\"Contents\"><p class=\"nf-ui-eyebrow\">Contents<\/p><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">\u00b7<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-summary\">Executive summary<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">1<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-coupled-system\">Chapter 1. Infrastructure is what the other systems travel on<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">2<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-findings\">Chapter 2. Key findings<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">3<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-systems-and-sectors\">Chapter 3. Systems and sectors at baseline<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">4<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-risk-and-capability\">Chapter 4. Risks and capability<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">5<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-scenario\">Chapter 5. Chokepoint closure with port downtime and a cyber incident<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">6<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-lenses-and-readings\">Chapter 6. Readings from the other desks<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">7<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-agenda\">Chapter 7. The 2027 agenda<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">8<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-systems-in-depth\">Chapter 8. Systems in depth<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">A<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-methodology\">Annex A. Methodology<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">B<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-data\">Annex B. Data appendix<\/a><\/p><\/li><li><span class=\"nrp-rows-i\">C<\/span><p class=\"nrp-rows-t\"><a href=\"#nx-nrp-gs-09-part-references\">Annex C. References and record<\/a><\/p><\/li><\/ol><\/section><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-summary\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-cs-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Executive summary<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Executive summary<\/h2><p class=\"nrp-lede\">The edition on a few pages: the abstract, the key messages, the headline finding and what each steward reads in it.<\/p><p class=\"nrp-chap-meta\"><span>6 min read<\/span><span>1 figure<\/span><span>0 tables<\/span><span>12 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-s1\" aria-labelledby=\"nx-nrp-gs-09-cs-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-s1-h\"><span class=\"nrp-num\">S.1<\/span><span>Abstract<\/span><\/h2><div class=\"nrp-prose\"><p>The world\u2019s infrastructure carries more load, over longer distances and through narrower passages, than a decade ago. Seaborne trade reached 12,720 million tons in 2024, up 2.2%, while ton-miles rose 5.9% as ships rerouted around the Cape of Good Hope<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n1\" id=\"nx-nrp-gs-09-cs-r1\" aria-label=\"Note 1\">1<\/a><\/sup>. The average voyage haul grew from 4,831 miles in 2018 to 5,245 miles in 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup>. Container ports handled 913 million TEU in 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n6\" id=\"nx-nrp-gs-09-cs-r6\" aria-label=\"Note 6\">6<\/a><\/sup>. The Strait of Hormuz showed how fast a chokepoint can fail: daily ship transits averaged 129 in February 2026 and fell by 97% in early March, in a strait that carried about 20 million barrels of oil a day in 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n2\" id=\"nx-nrp-gs-09-cs-r2\" aria-label=\"Note 2\">2<\/a><\/sup>. Hazard exposure is the quiet risk. About 27% of road and rail assets are exposed to at least one hazard<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n15\" id=\"nx-nrp-gs-09-cs-r15\" aria-label=\"Note 15\">15<\/a><\/sup>, 86% of ports face more than three hazards<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n17\" id=\"nx-nrp-gs-09-cs-r17\" aria-label=\"Note 17\">17<\/a><\/sup>, and infrastructure disruption costs households and firms in low- and middle-income countries USD 391 to 647 billion a year, in a 2019 estimate<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n14\" id=\"nx-nrp-gs-09-cs-r14\" aria-label=\"Note 14\">14<\/a><\/sup>. People bear the cost directly: road crashes killed 1.19 million people in 2021<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n11\" id=\"nx-nrp-gs-09-cs-r11\" aria-label=\"Note 11\">11<\/a><\/sup>. Connectivity is a second layer: 6.3 billion people are online in 2026 and 2 billion are not<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n10\" id=\"nx-nrp-gs-09-cs-r10\" aria-label=\"Note 10\">10<\/a><\/sup>. Investment evidence is dated: the 2017 outlook put the need to 2040 at USD 94 trillion<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n21\" id=\"nx-nrp-gs-09-cs-r21\" aria-label=\"Note 21\">21<\/a><\/sup>. This baseline sets out what the evidence supports and where it is thin. It ranks no country, port or operator and recommends no route or policy.<\/p><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-s2\" aria-labelledby=\"nx-nrp-gs-09-cs-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-s2-h\"><span class=\"nrp-num\">S.2<\/span><span>Key messages<\/span><\/h2><p class=\"nrp-stand\">Six readings that frame the infrastructure and logistics baseline, and the eight questions this edition answers, each with its status and source.<\/p><ol class=\"nrp-km\"><li><p class=\"nrp-km-t\">Seaborne trade reached 12,720 million tons in 2024; container ports handled 913 million TEU.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n6\" aria-label=\"Note 6\">6<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>How much does the world ship?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Yes. The average haul grew from 4,831 miles in 2018 to 5,245 miles in 2024.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Are routes getting longer?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Hormuz transits fell by 97% within days in March 2026.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>How fast can a chokepoint fail?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Disruption costs USD 391 to 647 billion a year in low- and middle-income countries; ports carry USD 63 to 81 billion of trade at risk a year in two models.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n14\" aria-label=\"Note 14\">14<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n16\" id=\"nx-nrp-gs-09-cs-r16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>What do hazards cost networks?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Road crashes killed 1.19 million people in 2021, mostly in low- and middle-income countries.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n11\" aria-label=\"Note 11\">11<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Who pays the human price?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Slowly. 2 billion people remain offline; 3G or better covers 96%.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n10\" aria-label=\"Note 10\">10<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n5\" id=\"nx-nrp-gs-09-cs-r5\" aria-label=\"Note 5\">5<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Is the connectivity gap closing?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">The 2017 outlook found USD 18 trillion unfunded to 2040; no current global estimate was found.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n21\" aria-label=\"Note 21\">21<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Is investment enough?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">A chokepoint closure that coincides with port weather downtime and a <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a>. SCN-GS09-HRM-01<\/p><p class=\"nrp-km-m\"><span>What will 2027 test first?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-s3\" aria-labelledby=\"nx-nrp-gs-09-cs-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-s3-h\"><span class=\"nrp-num\">S.3<\/span><span>Headline finding<\/span><\/h2><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><span class=\"nrp-find-id\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-002<\/span><\/p><p class=\"nrp-km-t\">Daily ship transits through the Strait of Hormuz averaged 129 on 1 to 27 February 2026 and fell by 97% in early March.<\/p><figure class=\"nrp-fig\" id=\"nx-nrp-gs-09-cs-fig1\" aria-labelledby=\"nx-nrp-gs-09-cs-fig1-t\"><figcaption class=\"nrp-figcap\"><span class=\"nf-ui-eyebrow\">Figure S.1<\/span><span class=\"nf-ui-title\" data-level=\"card\" id=\"nx-nrp-gs-09-cs-fig1-t\">Daily ship transits through the Strait of Hormuz<\/span><\/figcaption><div class=\"nrp-tblw\"><table class=\"nrp-tbl nrp-bars\"><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\"><span class=\"nrp-sr\">Bar, scaled to the largest value<\/span><\/th><th scope=\"col\">Value<\/th><\/tr><\/thead><tbody><tr><th scope=\"row\">Average, 1 to 27 February 2026<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"100.0\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">129<\/td><\/tr><tr><th scope=\"row\">Early March 2026, about (derived from the 97% fall)<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"3.1\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">4<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nrp-fig-src\">Source: UNCTAD, Strait of Hormuz Disruptions, 10 March 2026, from Clarksons Research data<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n2\" aria-label=\"Note 2\">2<\/a><\/sup>. The early March value is the editors\u2019 derivation (method 2).<\/p><\/figure><p class=\"nrp-p\">The strait carried about 20 million barrels of oil a day in 2024. UNCTAD put this at 25% of seaborne oil trade in March 2026, and its 2025 Review gave about 34% of seaborne oil exports and 11% of maritime trade. Around one third of seaborne fertiliser trade, about 16 million tonnes, also passes through it<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n3\" id=\"nx-nrp-gs-09-cs-r3\" aria-label=\"Note 3\">3<\/a><\/sup>.<\/p><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-s4\" aria-labelledby=\"nx-nrp-gs-09-cs-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-s4-h\"><span class=\"nrp-num\">S.4<\/span><span>At a glance<\/span><\/h2><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">12,720<\/span><span class=\"nrp-cell-u\">million tons<\/span><p>seaborne trade, 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">913<\/span><span class=\"nrp-cell-u\">million TEU<\/span><p>container port traffic, 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n6\" aria-label=\"Note 6\">6<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">97<\/span><span class=\"nrp-cell-u\">%<\/span><p>fall in Hormuz transits, March 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">27<\/span><span class=\"nrp-cell-u\">%<\/span><p>road and rail assets exposed to a hazard<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n15\" aria-label=\"Note 15\">15<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">1.19<\/span><span class=\"nrp-cell-u\">million<\/span><p>road deaths, 2021<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n11\" aria-label=\"Note 11\">11<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">6.3<\/span><span class=\"nrp-cell-u\">billion<\/span><p>people online, 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cs-n10\" aria-label=\"Note 10\">10<\/a><\/sup><\/p><\/div><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-s5\" aria-labelledby=\"nx-nrp-gs-09-cs-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-s5-h\"><span class=\"nrp-num\">S.5<\/span><span>What each steward reads in it<\/span><\/h2><div class=\"nrp-cards\" data-n=\"3\"><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">GCRI \u00b7 KEY T<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Technical Truth<\/h3><p>The evidence supports reading infrastructure as the carrier layer of the WEFH+B system.<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\"><abbr title=\"The Global Risks Forum\">GRF<\/abbr> \u00b7 KEY M<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Public Meaning<\/h3><p>For most people infrastructure risk arrives as a delayed delivery, a closed road or a dropped connection.<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\"><abbr title=\"The Global Risks Alliance\">GRA<\/abbr> \u00b7 KEY F<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Capital Meaning<\/h3><p>Readiness implications only. The need estimate is dated, port and network risks are modelled in the hundreds of billions, and freight and insurance costs repriced in 2026.<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">NEXUS<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Synthesis<\/h3><p>Infrastructure is well measured at the level of trade volumes and port traffic and thinly measured at the level of asset condition, maintenance and recovery.<\/p><\/article><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-s6\" aria-labelledby=\"nx-nrp-gs-09-cs-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-s6-h\"><span class=\"nrp-num\">S.6<\/span><span>What this edition is, and is not<\/span><\/h2><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><h3 class=\"nf-ui-title\" data-level=\"card\">What this edition is<\/h3><p>A baseline: the 2026 state of the world\u2019s infrastructure, transport and logistics <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a> and the couplings through which it carries risk into other systems. It synthesises published evidence and ranks no country, company or asset.<\/p><\/div><div class=\"nrp-cell\"><h3 class=\"nf-ui-title\" data-level=\"card\">What it is not<\/h3><p>Not a logistics performance index, a freight-rate forecast, a route recommendation or an assessment of any port, carrier, airport, operator or government. Infrastructure policy, investment and operations rest with national authorities, owners and operators.<\/p><\/div><div class=\"nrp-cell\"><h3 class=\"nf-ui-title\" data-level=\"card\">What comes next<\/h3><p>National, regional and sector evidence feeds the 2027 infrastructure and logistics edition through the federation. Each edition reports what changed against this baseline: observations, source revisions, method changes, scenario updates and corrections.<\/p><\/div><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cs-notes\" aria-labelledby=\"nx-nrp-gs-09-cs-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cs-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-cs-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n6\"><span class=\"nrp-notes-n\">6<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, container port traffic (TEU), series IS.SHP.GOOD.TU, API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r6\" aria-label=\"Back to the first call of note 6\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cs-n3\"><span class=\"nrp-notes-n\">3<\/span><span>UNCTAD (ed.), Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies, media alert UNCTAD\/PRESS\/MA\/2026\/003, Geneva, 10 March 2026. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cs-r3\" aria-label=\"Back to the first call of note 3\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-coupled-system\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c1-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 1<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Infrastructure is what the other systems travel on<\/h2><p class=\"nrp-lede\">Part I describes systems and their couplings. It ranks no country or operator and assesses no authority.<\/p><p class=\"nrp-chap-meta\"><span>6 min read<\/span><span>2 figures<\/span><span>1 table<\/span><span>15 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c1-s1\" aria-labelledby=\"nx-nrp-gs-09-c1-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c1-s1-h\"><span class=\"nrp-num\">1.1<\/span><span>The questions this part answers<\/span><\/h2><h3 class=\"nrp-h3\">Key questions<\/h3><ul class=\"nrp-list\"><li>Where is infrastructure and logistics risk concentrated?<\/li><li>Which couplings carry infrastructure and logistics shocks into other <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>?<\/li><li>Which infrastructure and logistics capabilities hold under compound stress?<\/li><li>What must 2027 evidence measure first?<\/li><\/ul><h3 class=\"nrp-h3\">In this part<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">Narrative<\/li><li class=\"nf-ui-chip\">Headline finding<\/li><li class=\"nf-ui-chip\">Lead figure<\/li><li class=\"nf-ui-chip\">Five coupling chapters<\/li><li class=\"nf-ui-chip\">Twelve-domain reading<\/li><li class=\"nf-ui-chip\">Sector screens<\/li><li class=\"nf-ui-chip\">Dependency matrix<\/li><li class=\"nf-ui-chip\">Risk objects<\/li><li class=\"nf-ui-chip\">Capability ladder<\/li><li class=\"nf-ui-chip\">Scenario<\/li><li class=\"nf-ui-chip\">Three lenses<\/li><li class=\"nf-ui-chip\">Portfolio<\/li><\/ul><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c1-s2\" aria-labelledby=\"nx-nrp-gs-09-c1-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c1-s2-h\"><span class=\"nrp-num\">1.2<\/span><span>The argument<\/span><\/h2><div class=\"nrp-prose\"><p>Infrastructure is usually reported as assets: ports, roads, rail, cables. The 2026 evidence reads it as the route by which almost every other system\u2019s shock arrives. Fuel, fertiliser, food, medicines and data all move on networks whose failure is felt downstream<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n2\" id=\"nx-nrp-gs-09-c1-r2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n10\" id=\"nx-nrp-gs-09-c1-r10\" aria-label=\"Note 10\">10<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n14\" id=\"nx-nrp-gs-09-c1-r14\" aria-label=\"Note 14\">14<\/a><\/sup>.<\/p><p>The load is growing and the routes are lengthening. Seaborne trade reached 12,720 million tons in 2024 and the average haul grew by about 9% from 2018<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n1\" id=\"nx-nrp-gs-09-c1-r1\" aria-label=\"Note 1\">1<\/a><\/sup>. Container ports handled 913 million TEU<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n6\" id=\"nx-nrp-gs-09-c1-r6\" aria-label=\"Note 6\">6<\/a><\/sup>. Infrastructure also shapes the Sustainable Development Goals: it influences 72% of the targets<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n19\" id=\"nx-nrp-gs-09-c1-r19\" aria-label=\"Note 19\">19<\/a><\/sup>.<\/p><p>Chokepoints are the sharpest pressure. Daily transits through the Strait of Hormuz fell by 97% in early March 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n2\" aria-label=\"Note 2\">2<\/a><\/sup>, while Suez tonnage stayed 70% below its 2023 average in 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n1\" aria-label=\"Note 1\">1<\/a><\/sup>. Neither is a container story first: Hormuz carried an estimated 3% of container trade and 38% of crude oil volumes<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n2\" aria-label=\"Note 2\">2<\/a><\/sup>.<\/p><p>Hazards and neglect are the slower risk. About 27% of road and rail assets are exposed to a hazard<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n15\" id=\"nx-nrp-gs-09-c1-r15\" aria-label=\"Note 15\">15<\/a><\/sup>, most ports face several<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n17\" id=\"nx-nrp-gs-09-c1-r17\" aria-label=\"Note 17\">17<\/a><\/sup>, and the Key Bridge collapse showed how a missing vulnerability assessment can turn one failure into many<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n22\" id=\"nx-nrp-gs-09-c1-r22\" aria-label=\"Note 22\">22<\/a><\/sup>. The investment evidence is dated, and the 2017 outlook is the latest global need estimate found<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n21\" id=\"nx-nrp-gs-09-c1-r21\" aria-label=\"Note 21\">21<\/a><\/sup>.<\/p><\/div><figure class=\"nrp-fig\" id=\"nx-nrp-gs-09-c1-fig1\" aria-labelledby=\"nx-nrp-gs-09-c1-fig1-t\"><figcaption class=\"nrp-figcap\"><span class=\"nf-ui-eyebrow\">Figure 1.1<\/span><span class=\"nf-ui-title\" data-level=\"card\" id=\"nx-nrp-gs-09-c1-fig1-t\">How exposed are the world\u2019s transport assets? Share exposed to hazards (%)<\/span><p class=\"nrp-fig-what\">Exposure is common and loss is concentrated. Global expected damage to road and rail is small against world output at about 0.02% of GDP, but in some countries it reaches 0.5 to 1% of GDP a year, the same order as national transport budgets<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n15\" aria-label=\"Note 15\">15<\/a><\/sup>. Small island economies carry the highest trade risk at ports<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n17\" aria-label=\"Note 17\">17<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n18\" id=\"nx-nrp-gs-09-c1-r18\" aria-label=\"Note 18\">18<\/a><\/sup>.<\/p><\/figcaption><div class=\"nrp-tblw\"><table class=\"nrp-tbl nrp-bars\"><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\"><span class=\"nrp-sr\">Bar, scaled to the largest value<\/span><\/th><th scope=\"col\">Value<\/th><\/tr><\/thead><tbody><tr><th scope=\"row\">Ports exposed to more than three hazards<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"100.0\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">86<\/td><\/tr><tr><th scope=\"row\">Road and rail assets exposed to at least one hazard<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"31.4\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">27<\/td><\/tr><tr><th scope=\"row\">Road and rail assets exposed to a 1-in-100-year flood<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"8.7\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">7.5<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nrp-fig-src\">Source: as cited in the note to this figure. Year 2023.<\/p><p class=\"nrp-fig-src\">Figure ID FIG-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-01-003<\/p><\/figure><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">3.1 to 22<\/span><span class=\"nrp-cell-u\">USD billion<\/span><p>expected annual damage to road and rail<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n15\" aria-label=\"Note 15\">15<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">7.5<\/span><span class=\"nrp-cell-u\">USD billion<\/span><p>port-specific risk a year, multi-hazard<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">63.1<\/span><span class=\"nrp-cell-u\">USD billion<\/span><p>trade at risk a year, multi-hazard<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">81<\/span><span class=\"nrp-cell-u\">USD billion<\/span><p>trade at risk a year, climate-related downtime<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n16\" id=\"nx-nrp-gs-09-c1-r16\" aria-label=\"Note 16\">16<\/a><\/sup><\/p><\/div><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c1-s3\" aria-labelledby=\"nx-nrp-gs-09-c1-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c1-s3-h\"><span class=\"nrp-num\">1.3<\/span><span>Twenty couplings between five systems<\/span><\/h2><p class=\"nrp-stand\">The infrastructure and logistics-centred matrix types the twenty couplings between the five core <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, read for their infrastructure and logistics content. Strengths are Nexus estimates (ESTIMATED) from the cited evidence and analogue events; they set the graph that 2027 evidence will test.<\/p><figure class=\"nrp-fig\" id=\"nx-nrp-gs-09-c1-fig2\" aria-labelledby=\"nx-nrp-gs-09-c1-fig2-t\"><figcaption class=\"nrp-figcap\"><span class=\"nf-ui-eyebrow\">Figure 1.2<\/span><span class=\"nf-ui-title\" data-level=\"card\" id=\"nx-nrp-gs-09-c1-fig2-t\">Couplings between the five systems<\/span><p class=\"nrp-fig-what\">Each line is one coupling from one system to another, drawn by the strength the edition assigns. Strengths are Nexus estimates from the cited evidence and analogue events.<\/p><\/figcaption><svg class=\"nrp-svg nrp-ring\" viewBox=\"0 0 340 340\" role=\"img\" aria-label=\"Coupling ring: 20 typed couplings between water, energy, food, health and biodiversity. The matrix in the next table carries every value.\" data-nx-z=\"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\"><\/svg><ul class=\"nrp-legend\"><li><span class=\"nrp-key\" data-w=\"STRONG\"><\/span>Strong<\/li><li><span class=\"nrp-key\" data-w=\"MODERATE\"><\/span>Moderate<\/li><li><span class=\"nrp-key\" data-w=\"WEAK\"><\/span>Weak<\/li><\/ul><p class=\"nrp-fig-src\">Source: this edition&#8217;s coupling matrix (Table 1.1); status Estimated.<\/p><\/figure><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c1-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 1.1<\/span><span class=\"nrp-tbl-t\">Coupling matrix: from the row system to the column system<\/span><\/caption><thead><tr><th scope=\"col\">From, to<\/th><th scope=\"col\">WAT<\/th><th scope=\"col\">ENE<\/th><th scope=\"col\">FOO<\/th><th scope=\"col\">HLT<\/th><th scope=\"col\">BIO<\/th><\/tr><\/thead><tbody><tr><td><b>WAT<\/b> Water<\/td><td><span aria-label=\"same system\">\u00b7<\/span><\/td><td>STRONG<br><span class=\"nrp-cell-u\">river and canal freight of fuel \u00b7 cooling<\/span><\/td><td>MODERATE<br><span class=\"nrp-cell-u\">inland freight of grain<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">services at stations and ports<\/span><\/td><td>MODERATE<br><span class=\"nrp-cell-u\">dredging \u00b7 canal works<\/span><\/td><\/tr><tr><td><b>ENE<\/b> Energy<\/td><td>MODERATE<br><span class=\"nrp-cell-u\">pumping \u00b7 lock operation<\/span><\/td><td><span aria-label=\"same system\">\u00b7<\/span><\/td><td>STRONG<br><span class=\"nrp-cell-u\">haulage fuel \u00b7 cold chain power<\/span><\/td><td>STRONG<br><span class=\"nrp-cell-u\">fuel and power for clinics and ambulances<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">fuel spills \u00b7 port emissions<\/span><\/td><\/tr><tr><td><b>FOO<\/b> Food<\/td><td>WEAK<br><span class=\"nrp-cell-u\">freight on waterways<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">biofuel shipping<\/span><\/td><td><span aria-label=\"same system\">\u00b7<\/span><\/td><td>MODERATE<br><span class=\"nrp-cell-u\">shared cold chain and roads<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">land for corridors<\/span><\/td><\/tr><tr><td><b>HLT<\/b> Health<\/td><td>WEAK<br><span class=\"nrp-cell-u\">workforce<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">workforce<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">labour<\/span><\/td><td><span aria-label=\"same system\">\u00b7<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">waste<\/span><\/td><\/tr><tr><td><b>BIO<\/b> Biodiversity<\/td><td>WEAK<br><span class=\"nrp-cell-u\">siltation<\/span><\/td><td>WEAK<br><span class=\"nrp-cell-u\">biomass freight<\/span><\/td><td>MODERATE<br><span class=\"nrp-cell-u\">pests carried by trade<\/span><\/td><td>MODERATE<br><span class=\"nrp-cell-u\">pathogens along routes<\/span><\/td><td><span aria-label=\"same system\">\u00b7<\/span><\/td><\/tr><\/tbody><tfoot><tr><td colspan=\"6\">Strength: strong, moderate or weak; a Nexus estimate (status Estimated) from cited evidence and analogue events. The scale is defined in Annex A.<\/td><\/tr><\/tfoot><\/table><\/div><h3 class=\"nrp-h3\">Transmission paths<\/h3><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">01<\/span><p class=\"nrp-rows-t\">ENE \u2192 FOO<\/p><p class=\"nrp-rows-x\">Fuel and fertiliser freight is interrupted at a chokepoint and reaches farms and food prices.<\/p><p class=\"nrp-rows-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> 2026 Hormuz disruption<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n3\" id=\"nx-nrp-gs-09-c1-r3\" aria-label=\"Note 3\">3<\/a><\/sup><\/p><\/li><li><span class=\"nrp-rows-i\">02<\/span><p class=\"nrp-rows-t\">CLI \u2192 INF \u2192 TRD<\/p><p class=\"nrp-rows-x\">Storms and heat close ports and routes, and delay trade.<\/p><p class=\"nrp-rows-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> port downtime studies<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/p><\/li><li><span class=\"nrp-rows-i\">03<\/span><p class=\"nrp-rows-t\">INF \u2192 HLT<\/p><p class=\"nrp-rows-x\">A failed link cuts access to care and supplies, and crashes injure people.<\/p><p class=\"nrp-rows-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> Key Bridge 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n22\" aria-label=\"Note 22\">22<\/a><\/sup>; road deaths<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n11\" id=\"nx-nrp-gs-09-c1-r11\" aria-label=\"Note 11\">11<\/a><\/sup><\/p><\/li><li><span class=\"nrp-rows-i\">04<\/span><p class=\"nrp-rows-t\">TRD \u2192 FIN<\/p><p class=\"nrp-rows-x\">A chokepoint closure lifts freight, fuel and insurance costs for importers.<\/p><p class=\"nrp-rows-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> 2026 bunker and war-risk costs<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><\/li><li><span class=\"nrp-rows-i\">05<\/span><p class=\"nrp-rows-t\">DAT \u2192 INF<\/p><p class=\"nrp-rows-x\">A <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a> halts operations at ports, rail or airlines.<\/p><p class=\"nrp-rows-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> 2021 to 2022 incidents<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c1-n23\" id=\"nx-nrp-gs-09-c1-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c1-notes\" aria-labelledby=\"nx-nrp-gs-09-c1-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c1-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c1-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n6\"><span class=\"nrp-notes-n\">6<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, container port traffic (TEU), series IS.SHP.GOOD.TU, API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r6\" aria-label=\"Back to the first call of note 6\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n19\"><span class=\"nrp-notes-n\">19<\/span><span>Thacker, S. et al., Infrastructure for sustainable development, Nature Sustainability 2, 324 to 331, 2019 (abstract opened). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r19\" aria-label=\"Back to the first call of note 19\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r22\" aria-label=\"Back to the first call of note 22\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n3\"><span class=\"nrp-notes-n\">3<\/span><span>UNCTAD (ed.), Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies, media alert UNCTAD\/PRESS\/MA\/2026\/003, Geneva, 10 March 2026. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r3\" aria-label=\"Back to the first call of note 3\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c1-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c1-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-findings\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c2-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 2<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Key findings<\/h2><p class=\"nrp-lede\">Twelve findings carry the infrastructure and logistics baseline. They are grouped by coupling and never ranked. Each resolves to its source or, where Nexus analysis is involved, to its stated method.<\/p><p class=\"nrp-chap-meta\"><span>6 min read<\/span><span>1 figure<\/span><span>0 tables<\/span><span>17 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s1\" aria-labelledby=\"nx-nrp-gs-09-c2-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s1-h\"><span class=\"nrp-num\">2.1<\/span><span>Headline finding<\/span><\/h2><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-002\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-002<\/a><\/p><p class=\"nrp-km-t\">Daily ship transits through the Strait of Hormuz averaged 129 on 1 to 27 February 2026 and fell by 97% in early March.<\/p><figure class=\"nrp-fig\" id=\"nx-nrp-gs-09-c2-fig1\" aria-labelledby=\"nx-nrp-gs-09-c2-fig1-t\"><figcaption class=\"nrp-figcap\"><span class=\"nf-ui-eyebrow\">Figure 2.1<\/span><span class=\"nf-ui-title\" data-level=\"card\" id=\"nx-nrp-gs-09-c2-fig1-t\">Daily ship transits through the Strait of Hormuz<\/span><\/figcaption><div class=\"nrp-tblw\"><table class=\"nrp-tbl nrp-bars\"><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\"><span class=\"nrp-sr\">Bar, scaled to the largest value<\/span><\/th><th scope=\"col\">Value<\/th><\/tr><\/thead><tbody><tr><th scope=\"row\">Average, 1 to 27 February 2026<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"100.0\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">129<\/td><\/tr><tr><th scope=\"row\">Early March 2026, about (derived from the 97% fall)<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"3.1\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">4<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nrp-fig-src\">Source: UNCTAD, Strait of Hormuz Disruptions, 10 March 2026, from Clarksons Research data<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n2\" id=\"nx-nrp-gs-09-c2-r2\" aria-label=\"Note 2\">2<\/a><\/sup>. The early March value is the editors\u2019 derivation (method 2).<\/p><\/figure><h3 class=\"nrp-h3\">Implication<\/h3><p class=\"nrp-p\">The strait carried about 20 million barrels of oil a day in 2024. UNCTAD put this at 25% of seaborne oil trade in March 2026, and its 2025 Review gave about 34% of seaborne oil exports and 11% of maritime trade. Around one third of seaborne fertiliser trade, about 16 million tonnes, also passes through it<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n1\" id=\"nx-nrp-gs-09-c2-r1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n3\" id=\"nx-nrp-gs-09-c2-r3\" aria-label=\"Note 3\">3<\/a><\/sup>.<\/p><h3 class=\"nrp-h3\">What would move it<\/h3><p class=\"nrp-p\">The next UNCTAD tracking of transits, the Review of Maritime Transport 2026 and the monthly shipping reports would each move this finding.<\/p><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s2\" aria-labelledby=\"nx-nrp-gs-09-c2-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s2-h\"><span class=\"nrp-num\">2.2<\/span><span>Trade<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-001\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 5<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-001\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-001<\/a><\/p><p class=\"nrp-find-t\">Maritime trade volumes reached 12,720 million tons in 2024, up 2.2%, and ton-miles rose 5.9% because ships rerouted; the average haul grew from 4,831 miles in 2018 to 5,245 miles in 2024.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n5\" id=\"nx-nrp-gs-09-c2-r5\" aria-label=\"Note 5\">5<\/a><\/sup><\/p><\/li><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-002\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-002\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-002<\/a><\/p><p class=\"nrp-find-t\">Daily ship transits through the Strait of Hormuz averaged 129 on 1 to 27 February 2026 and fell by 97% in early March; the strait carried about 20 million barrels of oil a day in 2024, 25% of seaborne oil trade in the March analysis and over one third of seaborne oil exports in the 2025 Review.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n4\" id=\"nx-nrp-gs-09-c2-r4\" aria-label=\"Note 4\">4<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/p><\/li><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-003\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-003\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-003<\/a><\/p><p class=\"nrp-find-t\">Ship tonnage through the Suez Canal remained 70% below the 2023 average in early May 2025, and the Shanghai Containerized Freight Index averaged 2,496 points in 2024, up 149%.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/p><\/li><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-006\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-006\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-TRD-006<\/a><\/p><p class=\"nrp-find-t\">Climate-related downtime at 1,320 ports puts USD 81 billion of trade and at least USD 122 billion of economic activity at risk each year; a multi-hazard analysis finds 86% of ports exposed to more than three hazards and USD 63.1 billion of trade at risk each year.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n16\" id=\"nx-nrp-gs-09-c2-r16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n17\" id=\"nx-nrp-gs-09-c2-r17\" aria-label=\"Note 17\">17<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n18\" id=\"nx-nrp-gs-09-c2-r18\" aria-label=\"Note 18\">18<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s3\" aria-labelledby=\"nx-nrp-gs-09-c2-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s3-h\"><span class=\"nrp-num\">2.3<\/span><span>Infrastructure<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-004\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 3<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-004\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-004<\/a><\/p><p class=\"nrp-find-t\">Infrastructure disruption costs households and firms in low- and middle-income countries USD 391 to 647 billion a year, against USD 18 billion a year of direct damage to power and transport assets, in a 2019 estimate.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n14\" id=\"nx-nrp-gs-09-c2-r14\" aria-label=\"Note 14\">14<\/a><\/sup><\/p><\/li><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-005\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-005\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-005<\/a><\/p><p class=\"nrp-find-t\">About 27% of global road and rail assets are exposed to at least one hazard and about 7.5% to a 1-in-100-year flood; expected annual direct damage is USD 3.1 to 22 billion, about 73% from flooding.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n15\" id=\"nx-nrp-gs-09-c2-r15\" aria-label=\"Note 15\">15<\/a><\/sup><\/p><\/li><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-011\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 5<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-011\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-INF-011<\/a><\/p><p class=\"nrp-find-t\">The NTSB found that a loose wire connection caused a <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-h48\" data-tc=\"NHS-1 infra.utilities.power-blackout\" data-tk=\"Built systems \u00b7 Utility and communication network outage\" data-td=\"Loss of electricity supply across a large area, stopping water, heating, cooling, communications and health care.\" data-ts=\"NRS-H48\" data-tr=\"draft\" data-tx=\"https:\/\/risksindex.com\/hazards\/infra\/\" data-txl=\"Built systems\">blackout<\/a> on the containership Dali, which struck the Key Bridge on 26 March 2024; lack of a vulnerability assessment contributed to the collapse, six workers died and over 34,000 vehicles a day lost the route.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n22\" id=\"nx-nrp-gs-09-c2-r22\" aria-label=\"Note 22\">22<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s4\" aria-labelledby=\"nx-nrp-gs-09-c2-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s4-h\"><span class=\"nrp-num\">2.4<\/span><span>Finance<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-FIN-007\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 3<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-FIN-007\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-FIN-007<\/a><\/p><p class=\"nrp-find-t\">The 2017 Global Infrastructure Outlook put the need to 2040 at USD 94 trillion, USD 97 trillion with the SDG access targets, with USD 18 trillion unfunded; official flows for infrastructure in developing countries reached USD 78.7 billion in 2024, of which USD 26.7 billion went to transport.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n21\" id=\"nx-nrp-gs-09-c2-r21\" aria-label=\"Note 21\">21<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n5\" aria-label=\"Note 5\">5<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s5\" aria-labelledby=\"nx-nrp-gs-09-c2-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s5-h\"><span class=\"nrp-num\">2.5<\/span><span>Health<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-HLT-008\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-HLT-008\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-HLT-008<\/a><\/p><p class=\"nrp-find-t\">Road traffic crashes killed 1.19 million people in 2021, 92% of deaths fall in low- and middle-income countries, and more than half are pedestrians, cyclists and motorcyclists; a WHO fact sheet of July 2026 gives 1.16 million without a reference year.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n11\" id=\"nx-nrp-gs-09-c2-r11\" aria-label=\"Note 11\">11<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n12\" id=\"nx-nrp-gs-09-c2-r12\" aria-label=\"Note 12\">12<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s6\" aria-labelledby=\"nx-nrp-gs-09-c2-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s6-h\"><span class=\"nrp-num\">2.6<\/span><span>Data and digital<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-DAT-009\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 5<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-DAT-009\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-DAT-009<\/a><\/p><p class=\"nrp-find-t\">6.3 billion people (76%) use the Internet in 2026 and 2 billion do not; use is 93% in high-income and 32% in low-income countries, and 3G or better covers 96% of people.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n10\" id=\"nx-nrp-gs-09-c2-r10\" aria-label=\"Note 10\">10<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n5\" aria-label=\"Note 5\">5<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n8\" id=\"nx-nrp-gs-09-c2-r8\" aria-label=\"Note 8\">8<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s7\" aria-labelledby=\"nx-nrp-gs-09-c2-s7-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s7-h\"><span class=\"nrp-num\">2.7<\/span><span>Energy<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-ENE-010\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-ENE-010\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-ENE-010<\/a><\/p><p class=\"nrp-find-t\">Electric car sales reached 21 million in 2025, one in four cars sold; electric heavy trucks in China passed 200 000 units; oil use for aviation rose 3.6% while gasoline and diesel demand were virtually unchanged.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c2-n13\" id=\"nx-nrp-gs-09-c2-r13\" aria-label=\"Note 13\">13<\/a><\/sup><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-s8\" aria-labelledby=\"nx-nrp-gs-09-c2-s8-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-s8-h\"><span class=\"nrp-num\">2.8<\/span><span>Systemic<\/span><\/h2><ol class=\"nrp-find\"><li id=\"nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-SYS-012\"><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 2<\/span><a class=\"nrp-find-id\" href=\"#nx-NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-SYS-012\">NRF-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-SYS-012<\/a><\/p><p class=\"nrp-find-t\">The leading compound pathway for 2027 testing is a chokepoint closure that coincides with weather-driven port downtime and an operational <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a> at a major hub. \u00a7 scenario<\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c2-notes\" aria-labelledby=\"nx-nrp-gs-09-c2-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c2-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c2-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n3\"><span class=\"nrp-notes-n\">3<\/span><span>UNCTAD (ed.), Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies, media alert UNCTAD\/PRESS\/MA\/2026\/003, Geneva, 10 March 2026. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r3\" aria-label=\"Back to the first call of note 3\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n4\"><span class=\"nrp-notes-n\">4<\/span><span>UNCTAD (ed.), Hormuz disruption shows why early-warning data matters, news item (about 95% fall in ship transits; tracking tool described). UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r4\" aria-label=\"Back to the first call of note 4\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r22\" aria-label=\"Back to the first call of note 22\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n12\"><span class=\"nrp-notes-n\">12<\/span><span>WHO (ed.), Road traffic injuries, fact sheet updated 20 July 2026 (about 1.16 million deaths a year; 92% in low- and middle-income countries; reference year not stated). World Health Organization, Geneva. Observation year not stated on the page. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r12\" aria-label=\"Back to the first call of note 12\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n8\"><span class=\"nrp-notes-n\">8<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, individuals using the Internet (series IT.NET.USER.ZS, ITU source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r8\" aria-label=\"Back to the first call of note 8\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c2-n13\"><span class=\"nrp-notes-n\">13<\/span><span>IEA (ed.), Global Energy Review 2026 (PDF, opened from a copy of the published report hosted by a third party). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c2-r13\" aria-label=\"Back to the first call of note 13\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-systems-and-sectors\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c3-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 3<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Systems and sectors at baseline<\/h2><p class=\"nrp-chap-meta\"><span>6 min read<\/span><span>0 figures<\/span><span>2 tables<\/span><span>19 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c3-s1\" aria-labelledby=\"nx-nrp-gs-09-c3-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c3-s1-h\"><span class=\"nrp-num\">3.1<\/span><span>Where each system stood at evidence close<\/span><\/h2><div class=\"pp-cells nrp-cells-3\"><article class=\"nrp-cell\"><p class=\"nf-ui-eyebrow\">TRD \u00b7 Trade<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Seaborne trade volume<\/h3><span class=\"pp-metric\">12,720<\/span><span class=\"nrp-cell-u\">million tons<\/span><p>up 2.2%; ton-miles up 5.9%.<\/p><p class=\"nrp-cell-foot\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span>2024<\/span><span>UNCTAD<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n1\" id=\"nx-nrp-gs-09-c3-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/span><\/p><\/article><article class=\"nrp-cell\"><p class=\"nf-ui-eyebrow\">TRD \u00b7 Chokepoints<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Fall in daily Hormuz ship transits<\/h3><span class=\"pp-metric\">97<\/span><span class=\"nrp-cell-u\">%<\/span><p>129 a day in February 2026 to about 4.<\/p><p class=\"nrp-cell-foot\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span>2026<\/span><span>UNCTAD<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n2\" id=\"nx-nrp-gs-09-c3-r2\" aria-label=\"Note 2\">2<\/a><\/sup><\/span><\/p><\/article><article class=\"nrp-cell\"><p class=\"nf-ui-eyebrow\">INF \u00b7 Resilience<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Disruption cost in low- and middle-income countries<\/h3><span class=\"pp-metric\">391 to 647<\/span><span class=\"nrp-cell-u\">USD billion a year<\/span><p>a 2019 estimate.<\/p><p class=\"nrp-cell-foot\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span>2019<\/span><span>World Bank<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n14\" id=\"nx-nrp-gs-09-c3-r14\" aria-label=\"Note 14\">14<\/a><\/sup><\/span><\/p><\/article><article class=\"nrp-cell\"><p class=\"nf-ui-eyebrow\">HLT \u00b7 Health<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Road traffic deaths<\/h3><span class=\"pp-metric\">1.19<\/span><span class=\"nrp-cell-u\">million<\/span><p>a WHO fact sheet of July 2026 gives 1.16 million.<\/p><p class=\"nrp-cell-foot\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span>2021<\/span><span>WHO<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n11\" id=\"nx-nrp-gs-09-c3-r11\" aria-label=\"Note 11\">11<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n12\" id=\"nx-nrp-gs-09-c3-r12\" aria-label=\"Note 12\">12<\/a><\/sup><\/span><\/p><\/article><article class=\"nrp-cell\"><p class=\"nf-ui-eyebrow\">DAT \u00b7 Connectivity<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">People using the Internet<\/h3><span class=\"pp-metric\">6.3<\/span><span class=\"nrp-cell-u\">billion<\/span><p>and 2 billion remain offline.<\/p><p class=\"nrp-cell-foot\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span>2026<\/span><span>ITU<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n10\" id=\"nx-nrp-gs-09-c3-r10\" aria-label=\"Note 10\">10<\/a><\/sup><\/span><\/p><\/article><article class=\"nrp-cell\"><p class=\"nf-ui-eyebrow\">SYS \u00b7 Cross-system<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Trade at risk each year from climate-related port downtime<\/h3><span class=\"pp-metric\">81<\/span><span class=\"nrp-cell-u\">USD billion<\/span><p>modelled across 1,320 ports.<\/p><p class=\"nrp-cell-foot\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span>2023<\/span><span>Verschuur et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n16\" id=\"nx-nrp-gs-09-c3-r16\" aria-label=\"Note 16\">16<\/a><\/sup><\/span><\/p><\/article><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c3-s2\" aria-labelledby=\"nx-nrp-gs-09-c3-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c3-s2-h\"><span class=\"nrp-num\">3.2<\/span><span>Domain posture<\/span><\/h2><p class=\"nrp-stand\">Each of the twelve coupled domains is read through infrastructure and logistics, in words, not scored. The coupling column names the dependency that carries infrastructure and logistics risk into each domain.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c3-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 3.1<\/span><span class=\"nrp-tbl-t\">Each domain read in words, not scored<\/span><\/caption><thead><tr><th scope=\"col\">Domain<\/th><th scope=\"col\">Posture at baseline<\/th><th scope=\"col\">Coupling<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td><span class=\"nrp-mono\">WAT<\/span><\/td><td>Canals, rivers and ports depend on water levels and flows; flooding is the largest source of road and rail damage; volumes of water used by transport are not consolidated here.<\/td><td><span class=\"nrp-mono\">INF \u2194 WAT<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">ENE<\/span><\/td><td>Transport runs on fuel and increasingly on power: electric cars 21 million in 2025, aviation oil use up 3.6%.<\/td><td><span class=\"nrp-mono\">ENE \u2192 INF<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">FOO<\/span><\/td><td>About one third of seaborne fertiliser trade passed through Hormuz; ports and cold chains carry food; no consolidated cold-chain series here.<\/td><td><span class=\"nrp-mono\">INF \u2192 FOO<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 3<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">HLT<\/span><\/td><td>Road crashes killed 1.19 million people in 2021; access to clinics and supplies rides on roads and networks.<\/td><td><span class=\"nrp-mono\">INF \u2192 HLT<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">BIO<\/span><\/td><td>Dredging, corridors and shipping press on habitats; the evidence is not consolidated here.<\/td><td><span class=\"nrp-mono\">INF \u2192 BIO<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 2<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">CLI<\/span><\/td><td>Heat, floods and storms disrupt networks; 2025 was about 1.43 \u00b0C above the pre-industrial average.<\/td><td><span class=\"nrp-mono\">CLI \u2192 INF<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">INF<\/span><\/td><td>The core system: ports, shipping lanes, roads, bridges, rail and aviation, with exposure to hazards, ageing and sudden structural failure.<\/td><td><span class=\"nrp-mono\">the core system<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 5<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">FIN<\/span><\/td><td>A 2017 outlook put the need to 2040 at USD 94 trillion; official flows to developing countries reached USD 78.7 billion in 2024.<\/td><td><span class=\"nrp-mono\">FIN \u2192 INF<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 3<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">DAT<\/span><\/td><td>6.3 billion people online in 2026; 96% covered by 3G or better; operational data on transport are uneven.<\/td><td><span class=\"nrp-mono\">DAT \u2194 INF<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">AIC<\/span><\/td><td>Compute and automation are entering ports and logistics; no consolidated figure is used in this edition.<\/td><td><span class=\"nrp-mono\">AIC \u2192 INF<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 1<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">MIN<\/span><\/td><td>Transport equipment, batteries and vehicles depend on mineral supply; the evidence is bound with SR-04.<\/td><td><span class=\"nrp-mono\">MIN \u2192 INF<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 2<\/span><\/td><\/tr><tr><td><span class=\"nrp-mono\">TRD<\/span><\/td><td>Seaborne trade 12,720 million tons; Hormuz transits fell 97%; Suez tonnage 70% below the 2023 average.<\/td><td><span class=\"nrp-mono\">INF \u2194 TRD<\/span><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span> <span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 5<\/span><\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c3-s3\" aria-labelledby=\"nx-nrp-gs-09-c3-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c3-s3-h\"><span class=\"nrp-num\">3.3<\/span><span>Sector screens<\/span><\/h2><p class=\"nrp-stand\">All sixteen sectors are screened for their dependence on infrastructure and logistics, on the same grammar as every national edition. The evidence column describes coverage of the baseline evidence, not the performance of the sector.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c3-tab2\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 3.2<\/span><span class=\"nrp-tbl-t\">Sectors: baseline evidence and the exposure to watch<\/span><\/caption><thead><tr><th scope=\"col\">Code<\/th><th scope=\"col\">Sector<\/th><th scope=\"col\">Baseline evidence<\/th><th scope=\"col\">Exposure to watch<\/th><th scope=\"col\">Evidence coverage<\/th><\/tr><\/thead><tbody><tr><td><span class=\"nrp-mono\">GS-00<\/span><\/td><td>Cross-system<\/td><td>infrastructure carries every other system\u2019s flows<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n14\" aria-label=\"Note 14\">14<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n19\" id=\"nx-nrp-gs-09-c3-r19\" aria-label=\"Note 19\">19<\/a><\/sup><\/td><td>chokepoint, port and cyber compound<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-01<\/span><\/td><td>Water<\/td><td>floods and canal levels limit routes<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n15\" id=\"nx-nrp-gs-09-c3-r15\" aria-label=\"Note 15\">15<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n32\" id=\"nx-nrp-gs-09-c3-r32\" aria-label=\"Note 32\">32<\/a><\/sup><\/td><td>flood and low-flow disruption<\/td><td>THIN<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-02<\/span><\/td><td>Energy<\/td><td>electric cars 21 million in 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n13\" id=\"nx-nrp-gs-09-c3-r13\" aria-label=\"Note 13\">13<\/a><\/sup><\/td><td>fuel and power for transport<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-03<\/span><\/td><td>Food<\/td><td>one third of seaborne fertiliser trade via Hormuz<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><td>fuel and fertiliser freight<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-04<\/span><\/td><td>Health<\/td><td>1.19 million road deaths in 2021<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n11\" aria-label=\"Note 11\">11<\/a><\/sup><\/td><td>access to care and supplies<\/td><td>GOOD<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-05<\/span><\/td><td>Finance<\/td><td>USD 94 trillion need to 2040 in 2017<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n21\" id=\"nx-nrp-gs-09-c3-r21\" aria-label=\"Note 21\">21<\/a><\/sup><\/td><td>investment and insurance<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-06<\/span><\/td><td>Development<\/td><td>USD 78.7 billion of official flows in 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n5\" id=\"nx-nrp-gs-09-c3-r5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><td>access to roads and networks<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-07<\/span><\/td><td>Climate<\/td><td>2025 about 1.43 \u00b0C above pre-industrial<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n31\" id=\"nx-nrp-gs-09-c3-r31\" aria-label=\"Note 31\">31<\/a><\/sup><\/td><td>heat and storm disruption<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-08<\/span><\/td><td>Disaster<\/td><td>disasters damage and disrupt networks<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n14\" aria-label=\"Note 14\">14<\/a><\/sup><\/td><td>cascading transport failures<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-09<\/span><\/td><td>Infrastructure<\/td><td>seaborne trade 12,720 million tons<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td>chokepoints and exposure<\/td><td>GOOD<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-10<\/span><\/td><td>Cities<\/td><td>57.8% of people live in cities in 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n9\" id=\"nx-nrp-gs-09-c3-r9\" aria-label=\"Note 9\">9<\/a><\/sup><\/td><td>urban access and congestion<\/td><td>THIN<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-11<\/span><\/td><td>Biodiversity<\/td><td>port and corridor pressures on habitats<\/td><td>dredging and land use<\/td><td>THIN<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-12<\/span><\/td><td>Earth observation<\/td><td>ship tracking and hazard data support operations<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><td>continuity of data feeds<\/td><td>THIN<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-13<\/span><\/td><td>Cyber and digital<\/td><td>98 reported incidents in transport, 2021 to 2022<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n23\" id=\"nx-nrp-gs-09-c3-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/td><td>attacks on transport operations<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-14<\/span><\/td><td>Policy<\/td><td>EU network and resilience rules<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n24\" id=\"nx-nrp-gs-09-c3-r24\" aria-label=\"Note 24\">24<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n25\" id=\"nx-nrp-gs-09-c3-r25\" aria-label=\"Note 25\">25<\/a><\/sup><\/td><td>implementation and diversion rules<\/td><td>PARTIAL<\/td><\/tr><tr><td><span class=\"nrp-mono\">GS-15<\/span><\/td><td>Science<\/td><td>strong port and <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 network-risk\" data-tk=\"Nexus risk vocabulary\" data-td=\"Risk that depends on the topology of connections, including hubs, bottlenecks and clusters, rather than on the attributes of individual nodes.\" data-ts=\"NRS-C1\" data-tr=\"draft\">network risk<\/a> modelling<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c3-n17\" id=\"nx-nrp-gs-09-c3-r17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><td>asset condition data<\/td><td>PARTIAL<\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c3-notes\" aria-labelledby=\"nx-nrp-gs-09-c3-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c3-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c3-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n12\"><span class=\"nrp-notes-n\">12<\/span><span>WHO (ed.), Road traffic injuries, fact sheet updated 20 July 2026 (about 1.16 million deaths a year; 92% in low- and middle-income countries; reference year not stated). World Health Organization, Geneva. Observation year not stated on the page. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r12\" aria-label=\"Back to the first call of note 12\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n19\"><span class=\"nrp-notes-n\">19<\/span><span>Thacker, S. et al., Infrastructure for sustainable development, Nature Sustainability 2, 324 to 331, 2019 (abstract opened). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r19\" aria-label=\"Back to the first call of note 19\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n32\"><span class=\"nrp-notes-n\">32<\/span><span>Autoridad del Canal de Panama (ed.), Panama Canal Authority, home page statistics (13,404 transits in 2025). Panama Canal Authority, Balboa. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r32\" aria-label=\"Back to the first call of note 32\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n13\"><span class=\"nrp-notes-n\">13<\/span><span>IEA (ed.), Global Energy Review 2026 (PDF, opened from a copy of the published report hosted by a third party). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r13\" aria-label=\"Back to the first call of note 13\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n31\"><span class=\"nrp-notes-n\">31<\/span><span>WMO (ed.), State of the Global Climate 2025, press release of 23 March 2026 (2025 about 1.43 \u00b0C above the 1850 to 1900 average). World Meteorological Organization, Geneva. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r31\" aria-label=\"Back to the first call of note 31\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n9\"><span class=\"nrp-notes-n\">9<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, urban population as a share of total population (series SP.URB.TOTL.IN.ZS, UN source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r9\" aria-label=\"Back to the first call of note 9\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n24\"><span class=\"nrp-notes-n\">24<\/span><span>European Commission (ed.), Trans-European transport network (TEN-T), policy page on Regulation (EU) 2024\/1679 (core network by 2030, extended core by 2040, comprehensive by 2050). Directorate-General for Mobility and Transport, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r24\" aria-label=\"Back to the first call of note 24\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n25\"><span class=\"nrp-notes-n\">25<\/span><span>European Commission (ed.), NIS2 Directive: securing network and information <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, policy page on Directive (EU) 2022\/2555 (earlier directive repealed from 18 October 2024). Directorate-General for Communications Networks, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r25\" aria-label=\"Back to the first call of note 25\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c3-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c3-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-risk-and-capability\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c4-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 4<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Risks and capability<\/h2><p class=\"nrp-lede\">Four infrastructure and logistics risk objects open the portfolio. Order carries no rank. Each is read across driver, exposure, vulnerability, capacity, cascade and consequence.<\/p><p class=\"nrp-chap-meta\"><span>5 min read<\/span><span>0 figures<\/span><span>1 table<\/span><span>19 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c4-s1\" aria-labelledby=\"nx-nrp-gs-09-c4-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c4-s1-h\"><span class=\"nrp-num\">4.1<\/span><span>Risk objects<\/span><\/h2><p class=\"nrp-stand\">Each risk is read across the chain from hazard to consequence, with its status and evidence-quality level.<\/p><ol class=\"nrp-find\"><li><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><span class=\"nrp-find-id\">RSK-GS09-TRD-001<\/span><\/p><h3 class=\"nrp-h4\">Maritime chokepoint closure<\/h3><dl class=\"nrp-dl\"><dt>Driver<\/dt><dd>military escalation or blockage at a strait or canal<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n2\" id=\"nx-nrp-gs-09-c4-r2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n1\" id=\"nx-nrp-gs-09-c4-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/dd><dt>Exposure<\/dt><dd>importing economies, tanker and container trades, fertiliser users<\/dd><dt>Vulnerability<\/dt><dd>few bypass routes; long rerouting around the Cape of Good Hope<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/dd><dt>Capacity<\/dt><dd>rerouting, stock holding and insurance markets<\/dd><dt>Cascade<\/dt><dd>TRD \u2192 ENE, FOO, FIN<\/dd><dt>Horizon<\/dt><dd>1 to 3 years<\/dd><\/dl><\/li><li><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><span class=\"nrp-find-id\">RSK-GS09-INF-002<\/span><\/p><h3 class=\"nrp-h4\">Port and coastal hazard downtime<\/h3><dl class=\"nrp-dl\"><dt>Driver<\/dt><dd>tropical cyclones, extreme wind, flooding and sea level rise<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n16\" id=\"nx-nrp-gs-09-c4-r16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n17\" id=\"nx-nrp-gs-09-c4-r17\" aria-label=\"Note 17\">17<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n31\" id=\"nx-nrp-gs-09-c4-r31\" aria-label=\"Note 31\">31<\/a><\/sup><\/dd><dt>Exposure<\/dt><dd>86% of ports face more than three hazards<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n17\" aria-label=\"Note 17\">17<\/a><\/sup>; island economies most reliant<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n18\" id=\"nx-nrp-gs-09-c4-r18\" aria-label=\"Note 18\">18<\/a><\/sup><\/dd><dt>Vulnerability<\/dt><dd>engineering standards and recovery times vary widely<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/dd><dt>Capacity<\/dt><dd>protection works, operating thresholds and backup ports<\/dd><dt>Cascade<\/dt><dd>INF \u2192 TRD, FIN, FOO<\/dd><dt>Horizon<\/dt><dd>1 to 10 years<\/dd><\/dl><\/li><li><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Inferred<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 3<\/span><span class=\"nrp-find-id\">RSK-GS09-INF-003<\/span><\/p><h3 class=\"nrp-h4\">Ageing and unassessed structures<\/h3><dl class=\"nrp-dl\"><dt>Driver<\/dt><dd>deferred maintenance and impact risk from vessels<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n22\" id=\"nx-nrp-gs-09-c4-r22\" aria-label=\"Note 22\">22<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n20\" id=\"nx-nrp-gs-09-c4-r20\" aria-label=\"Note 20\">20<\/a><\/sup><\/dd><dt>Exposure<\/dt><dd>bridges and approaches near ports and shipping lanes<\/dd><dt>Vulnerability<\/dt><dd>missing vulnerability assessments<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n22\" aria-label=\"Note 22\">22<\/a><\/sup>; investment gaps<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n20\" aria-label=\"Note 20\">20<\/a><\/sup><\/dd><dt>Capacity<\/dt><dd>inspection, retrofit and emergency detour plans<\/dd><dt>Cascade<\/dt><dd>INF \u2192 HLT, TRD<\/dd><dt>Horizon<\/dt><dd>1 to 10 years<\/dd><\/dl><\/li><li><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Inferred<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 3<\/span><span class=\"nrp-find-id\">RSK-GS09-DAT-004<\/span><\/p><h3 class=\"nrp-h4\">Cyber disruption of transport operations<\/h3><dl class=\"nrp-dl\"><dt>Driver<\/dt><dd>ransomware and data-related threats against transport operators<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n23\" id=\"nx-nrp-gs-09-c4-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/dd><dt>Exposure<\/dt><dd>airlines, port authorities, rail operators and vehicle makers<\/dd><dt>Vulnerability<\/dt><dd>shared suppliers and operational technology; limited incident reporting<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n23\" aria-label=\"Note 23\">23<\/a><\/sup><\/dd><dt>Capacity<\/dt><dd>incident reporting duties and operator preparedness<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n25\" id=\"nx-nrp-gs-09-c4-r25\" aria-label=\"Note 25\">25<\/a><\/sup><\/dd><dt>Cascade<\/dt><dd>DAT \u2192 INF \u2192 TRD, HLT<\/dd><dt>Horizon<\/dt><dd>1 to 5 years<\/dd><\/dl><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c4-s2\" aria-labelledby=\"nx-nrp-gs-09-c4-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c4-s2-h\"><span class=\"nrp-num\">4.2<\/span><span>Capability ladder<\/span><\/h2><p class=\"nrp-stand\">Existence is not readiness. Each of the fifteen capability functions is placed on the ladder by the strongest public evidence for infrastructure and logistics at the global level.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c4-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 4.1<\/span><span class=\"nrp-tbl-t\">Capabilities on the ladder of evidence: listed, exists, demonstrated, tested<\/span><\/caption><thead><tr><th scope=\"col\">Function<\/th><th scope=\"col\">Rung<\/th><th scope=\"col\">Level<\/th><th scope=\"col\">Strongest public evidence at baseline<\/th><\/tr><\/thead><tbody><tr><td>Prevention and mitigation<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>design standards and hazard protection widespread; implementation uneven<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n14\" id=\"nx-nrp-gs-09-c4-r14\" aria-label=\"Note 14\">14<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><\/tr><tr><td>Monitoring and observation<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i><\/i><i><\/i><i><\/i><i><\/i><\/span><\/td><td>ADEQUATE<\/td><td>vessel and port data strong where reported; asset condition data thin<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n20\" aria-label=\"Note 20\">20<\/a><\/sup><\/td><\/tr><tr><td><a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 early-warning\" data-tk=\"Nexus risk vocabulary\" data-td=\"Timely, actionable information about an impending hazard that lets people and institutions act to reduce harm before it occurs.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Early warning<\/a><\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>weather warnings and shipping advisories; chokepoint early warning is partial<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n4\" id=\"nx-nrp-gs-09-c4-r4\" aria-label=\"Note 4\">4<\/a><\/sup><\/td><\/tr><tr><td>Preparedness and planning<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>network planning and resilience rules in the EU<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n24\" id=\"nx-nrp-gs-09-c4-r24\" aria-label=\"Note 24\">24<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n39\" id=\"nx-nrp-gs-09-c4-r39\" aria-label=\"Note 39\">39<\/a><\/sup><\/td><\/tr><tr><td>Redundancy and reserves<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><\/span><\/td><td>DEMONSTRATED<\/td><td>rerouting around the Cape of Good Hope sustained trade<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><\/tr><tr><td>Response<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><\/span><\/td><td>DEMONSTRATED<\/td><td>rerouting, advisories and emergency measures used in 2024 and 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n32\" id=\"nx-nrp-gs-09-c4-r32\" aria-label=\"Note 32\">32<\/a><\/sup><\/td><\/tr><tr><td>Continuity of critical services<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>priority freight and passenger rules exist; testing uneven<\/td><\/tr><tr><td>Recovery<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i><\/i><i><\/i><i><\/i><\/span><\/td><td>LISTED<\/td><td>recovery times by port and asset are not consolidated<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><\/tr><tr><td>Adaptation<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>protection and fleet changes under way; fleet greening incremental<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n30\" id=\"nx-nrp-gs-09-c4-r30\" aria-label=\"Note 30\">30<\/a><\/sup><\/td><\/tr><tr><td><a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 social-protection\" data-tk=\"Nexus risk vocabulary\" data-td=\"Public policies and programmes that help people manage risk and reduce poverty and vulnerability across their lives.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Social protection<\/a><\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i><\/i><i><\/i><i><\/i><\/span><\/td><td>LISTED<\/td><td>support for transport-poor households documented but not consolidated<\/td><\/tr><tr><td>Finance and insurance<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>USD 78.7 billion of official flows in 2024; war-risk premiums repriced in 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n5\" id=\"nx-nrp-gs-09-c4-r5\" aria-label=\"Note 5\">5<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><\/tr><tr><td>Institutional coordination<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>IMO conventions and EU network rules<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n26\" id=\"nx-nrp-gs-09-c4-r26\" aria-label=\"Note 26\">26<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n24\" aria-label=\"Note 24\">24<\/a><\/sup><\/td><\/tr><tr><td>Technical infrastructure<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i data-on=\"true\"><\/i><i><\/i><i><\/i><\/span><\/td><td>EXISTS<\/td><td>ports and networks extensive; maintenance gaps reported<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n20\" aria-label=\"Note 20\">20<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n14\" aria-label=\"Note 14\">14<\/a><\/sup><\/td><\/tr><tr><td>Workforce<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i data-on=\"true\"><\/i><i><\/i><i><\/i><i><\/i><\/span><\/td><td>LISTED<\/td><td>seafarer and driver supply not reviewed in this edition<\/td><\/tr><tr><td>Research capacity<\/td><td><span class=\"nrp-ladder\" aria-hidden=\"true\"><i><\/i><i><\/i><i><\/i><i><\/i><\/span><\/td><td>ADEQUATE<\/td><td>strong port and <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 network-risk\" data-tk=\"Nexus risk vocabulary\" data-td=\"Risk that depends on the topology of connections, including hubs, bottlenecks and clusters, rather than on the attributes of individual nodes.\" data-ts=\"NRS-C1\" data-tr=\"draft\">network risk<\/a> science; asset data access uneven<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c4-n19\" id=\"nx-nrp-gs-09-c4-r19\" aria-label=\"Note 19\">19<\/a><\/sup><\/td><\/tr><\/tbody><tfoot><tr><td colspan=\"4\">A capability listed in policy is not a tested one; each rung is the strongest public evidence at baseline.<\/td><\/tr><\/tfoot><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c4-notes\" aria-labelledby=\"nx-nrp-gs-09-c4-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c4-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c4-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n31\"><span class=\"nrp-notes-n\">31<\/span><span>WMO (ed.), State of the Global Climate 2025, press release of 23 March 2026 (2025 about 1.43 \u00b0C above the 1850 to 1900 average). World Meteorological Organization, Geneva. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r31\" aria-label=\"Back to the first call of note 31\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r22\" aria-label=\"Back to the first call of note 22\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n20\"><span class=\"nrp-notes-n\">20<\/span><span>ASCE (ed.), 2025 Report Card for America\u2019s Infrastructure (summary page: overall grade C, grades from B in ports to D in stormwater and transit, USD 3.6 trillion investment gap over ten years). American Society of Civil Engineers, Reston. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r20\" aria-label=\"Back to the first call of note 20\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n25\"><span class=\"nrp-notes-n\">25<\/span><span>European Commission (ed.), NIS2 Directive: securing network and information <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, policy page on Directive (EU) 2022\/2555 (earlier directive repealed from 18 October 2024). Directorate-General for Communications Networks, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r25\" aria-label=\"Back to the first call of note 25\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n4\"><span class=\"nrp-notes-n\">4<\/span><span>UNCTAD (ed.), Hormuz disruption shows why early-warning data matters, news item (about 95% fall in ship transits; tracking tool described). UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r4\" aria-label=\"Back to the first call of note 4\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n24\"><span class=\"nrp-notes-n\">24<\/span><span>European Commission (ed.), Trans-European transport network (TEN-T), policy page on Regulation (EU) 2024\/1679 (core network by 2030, extended core by 2040, comprehensive by 2050). Directorate-General for Mobility and Transport, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r24\" aria-label=\"Back to the first call of note 24\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n39\"><span class=\"nrp-notes-n\">39<\/span><span>UNVERIFIED, not opened: Directive (EU) 2022\/2557 of the European Parliament and of the Council on the resilience of critical entities, Official Journal of the European Union, 2022; the legal text returned a challenge page and the transport scope is cited from a search summary. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r39\" aria-label=\"Back to the first call of note 39\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n32\"><span class=\"nrp-notes-n\">32<\/span><span>Autoridad del Canal de Panama (ed.), Panama Canal Authority, home page statistics (13,404 transits in 2025). Panama Canal Authority, Balboa. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r32\" aria-label=\"Back to the first call of note 32\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n30\"><span class=\"nrp-notes-n\">30<\/span><span>IPCC, Climate Change 2022: Impacts, Adaptation and Vulnerability, Working Group II, Chapter 6: Cities, Settlements and Key Infrastructure (chapter PDF opened). Intergovernmental Panel on Climate Change, Geneva. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r30\" aria-label=\"Back to the first call of note 30\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n26\"><span class=\"nrp-notes-n\">26<\/span><span>IMO (ed.), Initial IMO GHG Strategy, hot topic page (notes that the 2023 strategy has been adopted). International Maritime Organization, London. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r26\" aria-label=\"Back to the first call of note 26\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c4-n19\"><span class=\"nrp-notes-n\">19<\/span><span>Thacker, S. et al., Infrastructure for sustainable development, Nature Sustainability 2, 324 to 331, 2019 (abstract opened). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c4-r19\" aria-label=\"Back to the first call of note 19\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-scenario\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c5-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 5<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Chokepoint closure with port downtime and a cyber incident<\/h2><p class=\"nrp-lede\">A conditional statement under stated assumptions, never a prediction.<\/p><p class=\"nrp-chap-meta\"><span>2 min read<\/span><span>0 figures<\/span><span>0 tables<\/span><span>3 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c5-s1\" aria-labelledby=\"nx-nrp-gs-09-c5-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c5-s1-h\"><span class=\"nrp-num\">5.1<\/span><span>Assumptions<\/span><\/h2><p class=\"nrp-stand\">Scenario SCN-GS09-HRM-01: what is assumed, and what is held constant.<\/p><dl class=\"nrp-dl\"><dt>Baseline<\/dt><dd>the 2026 reference state in this edition<\/dd><dt>Drivers<\/dt><dd>a closure of a major strait or canal that coincides with weather-driven downtime at a large port and an operational <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a> at a major hub<\/dd><dt>Analogues<\/dt><dd>the 2026 Hormuz disruption; Suez tonnage in 2024 and 2025; the 2021 to 2022 transport incidents<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c5-n2\" id=\"nx-nrp-gs-09-c5-r2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c5-n1\" id=\"nx-nrp-gs-09-c5-r1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c5-n23\" id=\"nx-nrp-gs-09-c5-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/dd><dt>Interventions<\/dt><dd>none modelled: the specification describes the unmitigated case<\/dd><dt>Run state<\/dt><dd>narrative specification; quantified run scheduled for 2027<\/dd><\/dl><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c5-s2\" aria-labelledby=\"nx-nrp-gs-09-c5-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c5-s2-h\"><span class=\"nrp-num\">5.2<\/span><span>The cascade, step by step<\/span><\/h2><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">1<\/span><p class=\"nrp-rows-t\">TRD \u2192 ENE<\/p><p class=\"nrp-rows-x\">transits through a chokepoint fall; tanker and bunker costs rise<\/p><p class=\"nrp-rows-m\">2026<\/p><\/li><li><span class=\"nrp-rows-i\">2<\/span><p class=\"nrp-rows-t\">CLI \u2192 INF<\/p><p class=\"nrp-rows-x\">a storm or heat event closes a large port while diversions pile up<\/p><p class=\"nrp-rows-m\">2023<\/p><\/li><li><span class=\"nrp-rows-i\">3<\/span><p class=\"nrp-rows-t\">DAT \u2192 INF<\/p><p class=\"nrp-rows-x\">a <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a> halts scheduling at a hub<\/p><p class=\"nrp-rows-m\">2022<\/p><\/li><li><span class=\"nrp-rows-i\">4<\/span><p class=\"nrp-rows-t\">INF \u2192 FOO<\/p><p class=\"nrp-rows-x\">fertiliser and food freight are delayed and costs pass through<\/p><p class=\"nrp-rows-m\">2026<\/p><\/li><li><span class=\"nrp-rows-i\">5<\/span><p class=\"nrp-rows-t\">INF \u2192 HLT<\/p><p class=\"nrp-rows-x\">supplies and access to care slow; crashes rise on diverted roads<\/p><p class=\"nrp-rows-m\">2024<\/p><\/li><li><span class=\"nrp-rows-i\">6<\/span><p class=\"nrp-rows-t\">TRD \u2192 FIN<\/p><p class=\"nrp-rows-x\">freight, insurance and import bills strain budgets<\/p><p class=\"nrp-rows-m\">2026<\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c5-s3\" aria-labelledby=\"nx-nrp-gs-09-c5-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c5-s3-h\"><span class=\"nrp-num\">5.3<\/span><span>The scenario as a table of steps<\/span><\/h2><p class=\"nx-p\">How the shock in scenario SCN-GS09-HRM-01 would travel through Global Infrastructure, Transport and Logistics&#8217;s coupled <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, step by step, under the assumptions the edition states.<\/p><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Step<\/th><th scope=\"col\">What happens<\/th><th scope=\"col\">Source<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Step\">01 Trade to energy<\/td><td data-label=\"What happens\">Transits through a chokepoint fall; tanker and bunker costs rise. Analogue or source: 2026.<\/td><td data-label=\"Source\">Edition GS-09, scenario SCN-GS09-HRM-01, step 1<\/td><\/tr><tr><td data-label=\"Step\">02 Climate to infrastructure<\/td><td data-label=\"What happens\">A storm or heat event closes a large port while diversions pile up. Analogue or source: 2023.<\/td><td data-label=\"Source\">Edition GS-09, scenario SCN-GS09-HRM-01, step 2<\/td><\/tr><tr><td data-label=\"Step\">03 DAT to infrastructure<\/td><td data-label=\"What happens\">A <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a> halts scheduling at a hub. Analogue or source: 2022.<\/td><td data-label=\"Source\">Edition GS-09, scenario SCN-GS09-HRM-01, step 3<\/td><\/tr><tr><td data-label=\"Step\">04 Infrastructure to food<\/td><td data-label=\"What happens\">Fertiliser and food freight are delayed and costs pass through. Analogue or source: 2026.<\/td><td data-label=\"Source\">Edition GS-09, scenario SCN-GS09-HRM-01, step 4<\/td><\/tr><tr><td data-label=\"Step\">05 Infrastructure to health<\/td><td data-label=\"What happens\">Supplies and access to care slow; crashes rise on diverted roads. Analogue or source: 2024.<\/td><td data-label=\"Source\">Edition GS-09, scenario SCN-GS09-HRM-01, step 5<\/td><\/tr><tr><td data-label=\"Step\">06 Trade to finance<\/td><td data-label=\"What happens\">Freight, insurance and import bills strain budgets. Analogue or source: 2026.<\/td><td data-label=\"Source\">Edition GS-09, scenario SCN-GS09-HRM-01, step 6<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nx-note nx-mt-2\">A teaching model of a conditional scenario under the edition&#8217;s stated assumptions: not a forecast, not a prediction and not a warning. Sources: <a class=\"nx-link\" href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/scenario\/\" rel=\"noopener\">Global Infrastructure and Logistics 2026, scenario SCN-GS09-HRM-01<\/a> (2026); Global Infrastructure and Logistics 2026, references (NR-CIT-1) (2026).<\/p><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c5-notes\" aria-labelledby=\"nx-nrp-gs-09-c5-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c5-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c5-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c5-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c5-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c5-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c5-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c5-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-lenses-and-readings\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c6-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 6<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Readings from the other desks<\/h2><p class=\"nrp-lede\">The infrastructure and logistics baseline is read through each steward\u2019s lens, then once as a whole. Each lens is a projection of reviewed findings, not a separate argument. The other desks&#8217; own editions of this subject are listed first, as cross-references, not copies.<\/p><p class=\"nrp-chap-meta\"><span>16 min read<\/span><span>0 figures<\/span><span>8 tables<\/span><span>43 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s1\" aria-labelledby=\"nx-nrp-gs-09-c6-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s1-h\"><span class=\"nrp-num\">6.1<\/span><span>The other desks&#8217; editions of this subject<\/span><\/h2><p class=\"nrp-stand\">Federation: each desk writes its own edition for the subjects in its remit. Until a desk releases, its edition shows its frame and the reading this edition printed for it.<\/p><div class=\"nrp-tblw\"><table class=\"nrp-tbl\"><thead><tr><th scope=\"col\">Desk<\/th><th scope=\"col\">Edition<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Identifier<\/th><\/tr><\/thead><tbody><tr data-host=\"true\"><th scope=\"row\">GCRI Systems Evidence<\/th><td>No edition of this subject at this desk in the 2026 Baseline cycle<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Not in this cycle<\/span><\/td><td class=\"nrp-mono\"><\/td><\/tr><tr><th scope=\"row\">GRF Public Deliberation<\/th><td>Outside this desk&#8217;s remit<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Not in remit<\/span><\/td><td class=\"nrp-mono\"><\/td><\/tr><tr><th scope=\"row\">GRA Capital Readiness<\/th><td>No edition of this subject at this desk in the 2026 Baseline cycle<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Not in this cycle<\/span><\/td><td class=\"nrp-mono\"><\/td><\/tr><tr><th scope=\"row\">Standards Progress<\/th><td>No edition of this subject at this desk in the 2026 Baseline cycle<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Not in this cycle<\/span><\/td><td class=\"nrp-mono\"><\/td><\/tr><tr><th scope=\"row\">Academy Capability<\/th><td>No edition of this subject at this desk in the 2026 Baseline cycle<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Not in this cycle<\/span><\/td><td class=\"nrp-mono\"><\/td><\/tr><tr><th scope=\"row\">Index Measurement<\/th><td>Outside this desk&#8217;s remit<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Not in remit<\/span><\/td><td class=\"nrp-mono\"><\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s2\" aria-labelledby=\"nx-nrp-gs-09-c6-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s2-h\"><span class=\"nrp-num\">6.2<\/span><span>Three lenses<\/span><\/h2><p class=\"nrp-stand\">One edition, read by each steward. The lens of this site comes first.<\/p><div class=\"nrp-cards\" data-n=\"3\"><article class=\"nf-ui-card nrp-card\" data-host=\"true\"><p class=\"nf-ui-eyebrow\">GCRI \u00b7 KEY T<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Technical Truth<\/h3><p>The evidence supports reading infrastructure as the carrier layer of the WEFH+B system. Trade volumes are high, routes are longer and chokepoints can fail within days. Evidence is strongest for trade, ports and road deaths, and weakest for asset condition and recovery times.<\/p><p class=\"nrp-note\">TRD-001 \u00b7 TRD-002 \u00b7 INF-004 \u00b7 SYS-012<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">GRF \u00b7 KEY M<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Public Meaning<\/h3><p>For most people infrastructure risk arrives as a delayed delivery, a closed road or a dropped connection. The baseline asks that public debate treat transport and logistics as shared infrastructure for health and food, and keep the 1.19 million road deaths and the 2 billion people offline in view.<\/p><p class=\"nrp-note\">HLT-008 \u00b7 DAT-009 \u00b7 TRD-002<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">GRA \u00b7 KEY F<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Capital Meaning<\/h3><p>Readiness implications only. The need estimate is dated, port and network risks are modelled in the hundreds of billions, and freight and insurance costs repriced in 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n21\" id=\"nx-nrp-gs-09-c6-r21\" aria-label=\"Note 21\">21<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n16\" id=\"nx-nrp-gs-09-c6-r16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n2\" id=\"nx-nrp-gs-09-c6-r2\" aria-label=\"Note 2\">2<\/a><\/sup>. These show where finance-readiness evidence will matter. Nothing here is advice, a rating or an approval.<\/p><p class=\"nrp-note\">FIN-007 \u00b7 TRD-006<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">NEXUS<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Synthesis<\/h3><p>Infrastructure is well measured at the level of trade volumes and port traffic and thinly measured at the level of asset condition, maintenance and recovery. The 2027 programme should test the compound chokepoint case, bind regional corridor evidence and build the condition register.<\/p><p class=\"nrp-note\">SYS-012 \u00b7 L-01 \u00b7 L-02<\/p><\/article><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s3\" aria-labelledby=\"nx-nrp-gs-09-c6-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s3-h\"><span class=\"nrp-num\">6.3<\/span><span>Standards, Academy and steward contributions<\/span><\/h2><p class=\"nrp-stand\">How the <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/\" data-tc=\"Nexus Standards\" data-tk=\"Nexus Standards\" data-td=\"The foundation standards\">Nexus Standards<\/a> drafts, the Risk Academy and the three stewards feed each quarterly edition for infrastructure and logistics. The standards are a preparatory working draft (2026) and are cited as drafts, never as adopted standards.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.1<\/span><span class=\"nrp-tbl-t\">The quarterly rhythm every edition follows<\/span><\/caption><thead><tr><th scope=\"col\">Quarter<\/th><th scope=\"col\">Edition<\/th><th scope=\"col\">Question<\/th><th scope=\"col\">Boundary<\/th><\/tr><\/thead><tbody><tr><td>Q1<\/td><td>State and Agenda<\/td><td>What matters this year, and what is the starting position?<\/td><td>observed baseline stays distinct from planned work<\/td><\/tr><tr><td>Q2<\/td><td>Evidence and Build<\/td><td>What new evidence and capability exist?<\/td><td>a configured capability is not a validated result<\/td><\/tr><tr><td>Q3<\/td><td><a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 stress-test\" data-tk=\"Nexus risk vocabulary\" data-td=\"An assessment of how a system, portfolio or institution would perform under severe but plausible adverse scenarios, to find weaknesses before they are revealed by events.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Stress Test<\/a> and Readiness<\/td><td>What do scenarios and tests show?<\/td><td>simulated loss or performance is not observed impact<\/td><\/tr><tr><td>Q4<\/td><td>Annual Synthesis and Renewal<\/td><td>What changed in the year, and what renews?<\/td><td>release follows review, not event publicity deadlines<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab2\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.2<\/span><span class=\"nrp-tbl-t\">Who contributes what each quarter<\/span><\/caption><thead><tr><th scope=\"col\">Steward or body<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Contribution route<\/th><\/tr><\/thead><tbody><tr><td>GCRI Canada<\/td><td>Lead Institution and Consortium Secretariat; publisher of record; technical truth (key T)<\/td><td>science and practice communities \u00b7 GCRI gateway<\/td><\/tr><tr><td>The Global Risks Forum (GRF)<\/td><td>leadership, dialogue and the <a class=\"nx-link\" href=\"https:\/\/docs.therisk.global\/organization\/programme\/universe\">Universe<\/a> programme; public meaning (key M)<\/td><td>policy, Universe and national adoption \u00b7 GRF gateway<\/td><\/tr><tr><td>The Global Risks Alliance (GRA)<\/td><td>finance, insurance and development readiness; capital meaning (key F)<\/td><td>finance and insurance \u00b7 GRA gateway<\/td><\/tr><tr><td>Nexus Standards<\/td><td>preparatory drafts on vocabulary, hazards, indicators and methods<\/td><td>Standards site \u00b7 working groups HAZ, IND, MTH, FIN, AI<\/td><\/tr><tr><td>Risk Academy<\/td><td>learning pathways tied to the agenda questions<\/td><td>Academy gateway \u00b7 learning by review<\/td><\/tr><tr><td><a class=\"nx-link\" href=\"https:\/\/docs.therisk.global\/organization\/programme\/reports\">Reports<\/a> sector desks<\/td><td>infrastructure chapter inputs: GCRI evidence, GRA readiness, NXS standards, RA capability<\/td><td>sector editorial board<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Standards drafts used in this edition<\/h3><ul class=\"nrp-list\"><li>Risk vocabulary NRS-C1 (424 terms) for terms in the glossary<\/li><li>Hazard atlas NHS-1 1.1.0 (905 hazards in 120 families) for risk objects<\/li><li>Seven risk classes: global, catastrophic, existential, emerging, planetary, exponential, frontier-tech<\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Standards calendar to watch<\/h3><ul class=\"nrp-list\"><li>Founding calls from 20 October 2026; working groups meet from 5 November 2026<\/li><li>Inaugural Global Standards Council session, 12 January 2027<\/li><li>Quarterly reviews in March, June, September and December, aligned with each edition<\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Nothing here certifies. A Nexus attestation records an evaluation under a mandate; it confers no certification, endorsement or approval. Adoption of any standard is a decision of the competent standards body. Nexus Standards texts are cited as preparatory working draft (2026).<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s4\" aria-labelledby=\"nx-nrp-gs-09-c6-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s4-h\"><span class=\"nrp-num\">6.4<\/span><span>GCRI reading: the model card<\/span><\/h2><p class=\"nrp-p\">GCRI&#8217;s reading of this edition is its model card: what the national model is, what it computes and where it stops. It is printed in full in Annex A, with the methods it belongs to. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/methodology\/\">Annex A, methodology<\/a><\/p><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s5\" aria-labelledby=\"nx-nrp-gs-09-c6-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s5-h\"><span class=\"nrp-num\">6.5<\/span><span>Global Risks Forum reading: editorial essays<\/span><\/h2><p class=\"nrp-stand\">Four signed essays by the Reports editorial team set out the positions this edition takes. They are interpretation, labelled as such; the evidence they draw on is in the findings register.<\/p><div class=\"nrp-cards\"><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">Every recent shock has travelled on a network: fuel on tankers, fertiliser on bulk ships, data on cables and medicines on roads. Treating infrastructure as a list of assets understates how it moves risk between systems. This edition asks where a failed link sends the shock next.<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">EDITORIAL ESSAY \u00b7 01<\/h3><p>Infrastructure is a carrier, not a sector<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">The average voyage grew from 4,831 to 5,245 miles between 2018 and 2024 and ton-miles grew almost three times faster than volumes in 2024. Longer routes mean more fuel, more days and more exposure. Measuring distance as well as tonnage is the first adaptation.<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">EDITORIAL ESSAY \u00b7 02<\/h3><p>Distance is a hidden cost<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">Global expected damage to road and rail is small against output, but reaches 0.5 to 1% of GDP in some countries, and island economies depend most on their ports. The risk is a matter of where an economy has no second route.<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">EDITORIAL ESSAY \u00b7 03<\/h3><p>Hazards fall unevenly<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">Missing vulnerability assessments, dated investment estimates and thin condition data are quieter than a closed strait. They decide how large the next failure will be. Closing them is part of resilience.<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">EDITORIAL ESSAY \u00b7 04<\/h3><p>The slow gaps matter<\/p><\/article><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Essays are signed views of the editorial team. Contributed articles from regional consortia, national pathways and invited experts begin with the 2027 global edition, each with its own review route and disclosures.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s6\" aria-labelledby=\"nx-nrp-gs-09-c6-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s6-h\"><span class=\"nrp-num\">6.6<\/span><span>Global Risks Alliance reading: 2027 infrastructure and logistics readiness pack<\/span><\/h2><p class=\"nrp-stand\">The registers that open the 2027 global cycle. At baseline each is initialised from this edition.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab3\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.3<\/span><span class=\"nrp-tbl-t\">2027 infrastructure and logistics readiness pack<\/span><\/caption><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\">Register<\/th><th scope=\"col\">State at baseline<\/th><th scope=\"col\">First 2027 entry<\/th><\/tr><\/thead><tbody><tr><td>E1<\/td><td>Infrastructure and Logistics risk state delta<\/td><td>baseline set by this edition<\/td><td>changes against the baseline<\/td><\/tr><tr><td>E2<\/td><td>WEFH+B state delta<\/td><td>five global system readings set<\/td><td>indicator updates and freshness<\/td><\/tr><tr><td>E3<\/td><td>Agenda and Portfolio movement<\/td><td>eight agenda items \u00b7 6 proposed objects<\/td><td>admission decisions<\/td><\/tr><tr><td>E4<\/td><td>Federation delivery register<\/td><td>national chapters in preparation<\/td><td>national chapters<\/td><\/tr><tr><td>E5<\/td><td>Consortium capability register<\/td><td>national consortia forming<\/td><td>first contributions<\/td><\/tr><tr><td>E6<\/td><td>Leadership questions and challenges<\/td><td>none yet<\/td><td>first challenge log<\/td><\/tr><tr><td>E7<\/td><td>Foundry technical state<\/td><td>national environments prepared<\/td><td>first federation cut<\/td><\/tr><tr><td>E8<\/td><td>Publication candidates<\/td><td>twelve findings carried forward<\/td><td>PUBLISH \u00b7 HOLD dispositions<\/td><\/tr><tr><td>E9<\/td><td>Universe readiness<\/td><td>one candidate mission<\/td><td>admission and role spine<\/td><\/tr><tr><td>E10<\/td><td>Correction register<\/td><td>none<\/td><td>first federation-wide cycle<\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">Publication dispositions<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">Publish<\/li><li class=\"nf-ui-chip\">Hold<\/li><li class=\"nf-ui-chip\">Needs evidence<\/li><li class=\"nf-ui-chip\">Restricted<\/li><li class=\"nf-ui-chip\">Superseded<\/li><\/ul><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Programme progress is not real-world risk improvement. These registers record the work of the Nexus programme; they report on no state or organisation.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s7\" aria-labelledby=\"nx-nrp-gs-09-c6-s7-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s7-h\"><span class=\"nrp-num\">6.7<\/span><span>Nexus Standards reading: standards and regulatory watch<\/span><\/h2><p class=\"nrp-stand\">Instruments and published guidance that shape the <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a> in this edition, by status on the retrieval date. <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/\" data-tc=\"Nexus Standards\" data-tk=\"Nexus Standards\" data-td=\"The foundation standards\">Nexus Standards<\/a> texts that relate to this edition are cited as preparatory working draft (2026). The edition assesses no one\u2019s compliance.<\/p><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">IN FORCE<\/li><li class=\"nf-ui-chip\">ADOPTED<\/li><li class=\"nf-ui-chip\">DEFERRED<\/li><li class=\"nf-ui-chip\">PUBLISHED \u00b7 VOLUNTARY<\/li><\/ul><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab4\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.4<\/span><span class=\"nrp-tbl-t\">Standards and regulatory watch<\/span><\/caption><thead><tr><th scope=\"col\">Instrument<\/th><th scope=\"col\">Body<\/th><th scope=\"col\">Scope<\/th><th scope=\"col\">Status<\/th><th scope=\"col\">Relevance<\/th><\/tr><\/thead><tbody><tr><td>Regulation (EU) 2024\/1679 on the trans-European transport network<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n24\" id=\"nx-nrp-gs-09-c6-r24\" aria-label=\"Note 24\">24<\/a><\/sup><\/td><td>European Union<\/td><td>EU<\/td><td>IN FORCE<\/td><td>network completion<\/td><\/tr><tr><td>Directive (EU) 2022\/2555, NIS2<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n25\" id=\"nx-nrp-gs-09-c6-r25\" aria-label=\"Note 25\">25<\/a><\/sup><\/td><td>European Union<\/td><td>EU<\/td><td>IN FORCE<\/td><td>cybersecurity<\/td><\/tr><tr><td>Directive (EU) 2022\/2557 on the resilience of critical entities<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n39\" id=\"nx-nrp-gs-09-c6-r39\" aria-label=\"Note 39\">39<\/a><\/sup><\/td><td>European Union<\/td><td>EU<\/td><td>IN FORCE<\/td><td>resilience<\/td><\/tr><tr><td>IMO strategy on greenhouse gas emissions from ships<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n26\" id=\"nx-nrp-gs-09-c6-r26\" aria-label=\"Note 26\">26<\/a><\/sup><\/td><td>IMO<\/td><td>global<\/td><td>ADOPTED 2023<\/td><td>shipping emissions<\/td><\/tr><tr><td>IMO Net-Zero Framework<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n27\" id=\"nx-nrp-gs-09-c6-r27\" aria-label=\"Note 27\">27<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n40\" id=\"nx-nrp-gs-09-c6-r40\" aria-label=\"Note 40\">40<\/a><\/sup><\/td><td>IMO<\/td><td>global<\/td><td>ADOPTION DEFERRED 2025<\/td><td>fuel intensity and pricing<\/td><\/tr><tr><td>ISO 55000 asset management<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n41\" id=\"nx-nrp-gs-09-c6-r41\" aria-label=\"Note 41\">41<\/a><\/sup><\/td><td>ISO<\/td><td>global<\/td><td>PUBLISHED \u00b7 VOLUNTARY<\/td><td>assets<\/td><\/tr><tr><td>ISO 28000 supply chain security management<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n42\" id=\"nx-nrp-gs-09-c6-r42\" aria-label=\"Note 42\">42<\/a><\/sup><\/td><td>ISO<\/td><td>global<\/td><td>PUBLISHED \u00b7 VOLUNTARY<\/td><td>supply chains<\/td><\/tr><tr><td>ISO 22301 <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 business-continuity\" data-tk=\"Nexus risk vocabulary\" data-td=\"The ability of an organisation to continue delivering essential products and services at acceptable levels during and after disruption.\" data-ts=\"NRS-C1\" data-tr=\"draft\" data-tg=\"https:\/\/nexustandards.com\/glossary\/business-continuity\/\" data-tgl=\"Nexus Standards glossary\">business continuity<\/a><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n43\" id=\"nx-nrp-gs-09-c6-r43\" aria-label=\"Note 43\">43<\/a><\/sup><\/td><td>ISO<\/td><td>global<\/td><td>PUBLISHED \u00b7 VOLUNTARY<\/td><td>continuity<\/td><\/tr><tr><td>International Ship and Port Facility Security Code<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n48\" id=\"nx-nrp-gs-09-c6-r48\" aria-label=\"Note 48\">48<\/a><\/sup><\/td><td>IMO<\/td><td>global<\/td><td>IN FORCE<\/td><td>security<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Changed since 2024<\/h3><ul class=\"nrp-list\"><li>The IMO meeting of October 2025 deferred adoption of the Net-Zero Framework for one year<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n27\" aria-label=\"Note 27\">27<\/a><\/sup><\/li><li>NIS2 repealed the earlier network and information security directive from 18 October 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n25\" aria-label=\"Note 25\">25<\/a><\/sup><\/li><li>UNCTAD published a rapid analysis of the Strait of Hormuz on 10 March 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">To watch in 2027<\/h3><ul class=\"nrp-list\"><li>Outcome of the October 2026 IMO session on the Net-Zero Framework<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n40\" aria-label=\"Note 40\">40<\/a><\/sup><\/li><li>National designation of critical entities in transport under the EU resilience directive<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n39\" aria-label=\"Note 39\">39<\/a><\/sup><\/li><li>Completion of the core network of the trans-European transport network, due by 2030<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n24\" aria-label=\"Note 24\">24<\/a><\/sup><\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">evidence<\/p><p>Status is read from the issuing body on the retrieval date. Instruments open for signature or awaiting ratification are labelled as such; a change in status opens a review task for every finding that relies on the instrument.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-s8\" aria-labelledby=\"nx-nrp-gs-09-c6-s8-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-s8-h\"><span class=\"nrp-num\">6.8<\/span><span>Risk Academy reading: literature and evidence review, science and assessments<\/span><\/h2><p class=\"nrp-stand\">The review behind this edition covers infrastructure and logistics assessments, peer-reviewed science and the institutional reports that bind its findings. Systematic reviews for each agenda item begin in 2027.<\/p><h3 class=\"nrp-h3\">Review protocol<\/h3><dl class=\"nrp-dl\"><dt>Question<\/dt><dd>What does the published evidence establish about the world\u2019s infrastructure, transport and logistics <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a> and its couplings?<\/dd><dt>Sources searched<\/dt><dd>agency flagships; regulator and investigation reports; peer-reviewed port and <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 network-risk\" data-tk=\"Nexus risk vocabulary\" data-td=\"Risk that depends on the topology of connections, including hubs, bottlenecks and clusters, rather than on the attributes of individual nodes.\" data-ts=\"NRS-C1\" data-tr=\"draft\">network risk<\/a> literature; statistics<\/dd><dt>Window<\/dt><dd>releases available at evidence close, 30 September 2026<\/dd><dt>Selection<\/dt><dd>sources that bind or contextualise a finding in this edition<\/dd><dt>Next step<\/dt><dd>systematic reviews for agenda items 01 to 05 in 2027<\/dd><\/dl><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab5\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.5<\/span><span class=\"nrp-tbl-t\">Peer-reviewed science and assessments<\/span><\/caption><thead><tr><th scope=\"col\">Reference<\/th><th scope=\"col\">Type<\/th><th scope=\"col\">Year<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Used for<\/th><\/tr><\/thead><tbody><tr><td>Koks et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n15\" id=\"nx-nrp-gs-09-c6-r15\" aria-label=\"Note 15\">15<\/a><\/sup><\/td><td>journal article<\/td><td>2019<\/td><td>supports<\/td><td>road and rail exposure<\/td><\/tr><tr><td>Verschuur et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n18\" id=\"nx-nrp-gs-09-c6-r18\" aria-label=\"Note 18\">18<\/a><\/sup><\/td><td>journal article<\/td><td>2022<\/td><td>supports<\/td><td>port criticality<\/td><\/tr><tr><td>Verschuur et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n17\" id=\"nx-nrp-gs-09-c6-r17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><td>journal article<\/td><td>2023<\/td><td>supports<\/td><td>multi-hazard port risk<\/td><\/tr><tr><td>Verschuur et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n16\" aria-label=\"Note 16\">16<\/a><\/sup><\/td><td>journal article<\/td><td>2023<\/td><td>supports<\/td><td>climate-related downtime<\/td><\/tr><tr><td>Thacker et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n19\" id=\"nx-nrp-gs-09-c6-r19\" aria-label=\"Note 19\">19<\/a><\/sup><\/td><td>journal article<\/td><td>2019<\/td><td>framework<\/td><td>infrastructure and the SDGs<\/td><\/tr><tr><td>IPCC AR6 Working Group II, Chapter 6<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n30\" id=\"nx-nrp-gs-09-c6-r30\" aria-label=\"Note 30\">30<\/a><\/sup><\/td><td>assessment<\/td><td>2022<\/td><td>context<\/td><td>key infrastructure and cities<\/td><\/tr><tr><td>Colon et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n46\" id=\"nx-nrp-gs-09-c6-r46\" aria-label=\"Note 46\">46<\/a><\/sup><\/td><td>journal article<\/td><td>2020<\/td><td>context<\/td><td>transport network criticality<\/td><\/tr><tr><td>Verschuur et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n47\" id=\"nx-nrp-gs-09-c6-r47\" aria-label=\"Note 47\">47<\/a><\/sup><\/td><td>journal article<\/td><td>2020<\/td><td>context<\/td><td>port disruption by natural disasters<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab6\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.6<\/span><span class=\"nrp-tbl-t\">Institutional flagships<\/span><\/caption><thead><tr><th scope=\"col\">Reference<\/th><th scope=\"col\">Issuer<\/th><th scope=\"col\">Year<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Used for<\/th><\/tr><\/thead><tbody><tr><td>Review of Maritime Transport 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n1\" id=\"nx-nrp-gs-09-c6-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td>UNCTAD<\/td><td>2025<\/td><td>supports<\/td><td>trade, fleet, chokepoints<\/td><\/tr><tr><td>Strait of Hormuz Disruptions<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><td>UNCTAD<\/td><td>2026<\/td><td>supports<\/td><td>chokepoint shock<\/td><\/tr><tr><td>Lifelines<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n14\" id=\"nx-nrp-gs-09-c6-r14\" aria-label=\"Note 14\">14<\/a><\/sup><\/td><td>World Bank<\/td><td>2019<\/td><td>supports<\/td><td>disruption cost<\/td><\/tr><tr><td>Global status report on road safety 2023<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n11\" id=\"nx-nrp-gs-09-c6-r11\" aria-label=\"Note 11\">11<\/a><\/sup><\/td><td>WHO<\/td><td>2023<\/td><td>supports<\/td><td>road deaths<\/td><\/tr><tr><td>Facts and Figures 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n10\" id=\"nx-nrp-gs-09-c6-r10\" aria-label=\"Note 10\">10<\/a><\/sup><\/td><td>ITU<\/td><td>2026<\/td><td>supports<\/td><td>connectivity<\/td><\/tr><tr><td>Global Energy Review 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n13\" id=\"nx-nrp-gs-09-c6-r13\" aria-label=\"Note 13\">13<\/a><\/sup><\/td><td>IEA<\/td><td>2026<\/td><td>supports<\/td><td>transport fuels<\/td><\/tr><tr><td>Review of Maritime Transport 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n49\" id=\"nx-nrp-gs-09-c6-r49\" aria-label=\"Note 49\">49<\/a><\/sup><\/td><td>UNCTAD<\/td><td>2024<\/td><td>context<\/td><td>maritime chokepoints<\/td><\/tr><tr><td>Transport Outlook 2023<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n34\" id=\"nx-nrp-gs-09-c6-r34\" aria-label=\"Note 34\">34<\/a><\/sup><\/td><td>ITF at the OECD<\/td><td>2023<\/td><td>context<\/td><td>demand and emissions<\/td><\/tr><tr><td>Resilience Pays<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n36\" id=\"nx-nrp-gs-09-c6-r36\" aria-label=\"Note 36\">36<\/a><\/sup><\/td><td>UNDRR<\/td><td>2025<\/td><td>context<\/td><td>disaster finance<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab7\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.7<\/span><span class=\"nrp-tbl-t\">Statistics, access and finance<\/span><\/caption><thead><tr><th scope=\"col\">Reference<\/th><th scope=\"col\">Issuer<\/th><th scope=\"col\">Year<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Used for<\/th><\/tr><\/thead><tbody><tr><td>SDG Extended Report, Goal 9<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n5\" id=\"nx-nrp-gs-09-c6-r5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><td>UN DESA<\/td><td>2026<\/td><td>supports<\/td><td>freight, finance, coverage<\/td><\/tr><tr><td>World Development Indicators<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n6\" id=\"nx-nrp-gs-09-c6-r6\" aria-label=\"Note 6\">6<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n7\" id=\"nx-nrp-gs-09-c6-r7\" aria-label=\"Note 7\">7<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n8\" id=\"nx-nrp-gs-09-c6-r8\" aria-label=\"Note 8\">8<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n9\" id=\"nx-nrp-gs-09-c6-r9\" aria-label=\"Note 9\">9<\/a><\/sup><\/td><td>World Bank<\/td><td>2026<\/td><td>supports<\/td><td>ports, air, Internet, urbanisation<\/td><\/tr><tr><td>Global Infrastructure Outlook<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n21\" aria-label=\"Note 21\">21<\/a><\/sup><\/td><td>Global Infrastructure Hub<\/td><td>2017<\/td><td>supports<\/td><td>investment need<\/td><\/tr><tr><td>Infrastructure Report Card<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n20\" id=\"nx-nrp-gs-09-c6-r20\" aria-label=\"Note 20\">20<\/a><\/sup><\/td><td>ASCE<\/td><td>2025<\/td><td>context<\/td><td>United States condition<\/td><\/tr><tr><td>Air travel demand update<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n28\" id=\"nx-nrp-gs-09-c6-r28\" aria-label=\"Note 28\">28<\/a><\/sup><\/td><td>ACI World<\/td><td>2025<\/td><td>supports<\/td><td>airport passengers<\/td><\/tr><tr><td>Industry outlook<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n29\" id=\"nx-nrp-gs-09-c6-r29\" aria-label=\"Note 29\">29<\/a><\/sup><\/td><td>IATA<\/td><td>2025<\/td><td>supports<\/td><td>airline passengers<\/td><\/tr><tr><td>Air transport statistics<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n35\" id=\"nx-nrp-gs-09-c6-r35\" aria-label=\"Note 35\">35<\/a><\/sup><\/td><td>ICAO<\/td><td>2025<\/td><td>context<\/td><td>airline passengers<\/td><\/tr><tr><td>Logistics Performance Index<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n37\" id=\"nx-nrp-gs-09-c6-r37\" aria-label=\"Note 37\">37<\/a><\/sup><\/td><td>World Bank<\/td><td>2023<\/td><td>context<\/td><td>logistics performance<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c6-tab8\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 6.8<\/span><span class=\"nrp-tbl-t\">Regulators, safety and standards<\/span><\/caption><thead><tr><th scope=\"col\">Reference<\/th><th scope=\"col\">Issuer<\/th><th scope=\"col\">Year<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Used for<\/th><\/tr><\/thead><tbody><tr><td>Key Bridge investigation<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n22\" id=\"nx-nrp-gs-09-c6-r22\" aria-label=\"Note 22\">22<\/a><\/sup><\/td><td>NTSB<\/td><td>2024<\/td><td>supports<\/td><td>structure failure<\/td><\/tr><tr><td>Transport Threat Landscape<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n23\" id=\"nx-nrp-gs-09-c6-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/td><td>ENISA<\/td><td>2023<\/td><td>supports<\/td><td>cyber incidents<\/td><\/tr><tr><td>Trans-European Transport Network<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n24\" aria-label=\"Note 24\">24<\/a><\/sup><\/td><td>European Commission<\/td><td>2026<\/td><td>context<\/td><td>network rules<\/td><\/tr><tr><td>NIS2 Directive<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n25\" aria-label=\"Note 25\">25<\/a><\/sup><\/td><td>European Commission<\/td><td>2026<\/td><td>context<\/td><td>cybersecurity duties<\/td><\/tr><tr><td>Resilience of critical entities directive<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n39\" aria-label=\"Note 39\">39<\/a><\/sup><\/td><td>European Union<\/td><td>2022<\/td><td>context<\/td><td>critical entities<\/td><\/tr><tr><td>GHG strategy<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n26\" aria-label=\"Note 26\">26<\/a><\/sup><\/td><td>IMO<\/td><td>2023<\/td><td>context<\/td><td>shipping emissions<\/td><\/tr><tr><td>Net-Zero Framework decision<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n27\" aria-label=\"Note 27\">27<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n40\" aria-label=\"Note 40\">40<\/a><\/sup><\/td><td>IMO and DNV<\/td><td>2025<\/td><td>context<\/td><td>deferral<\/td><\/tr><tr><td>ISO 55000, 28000 and 22301<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n41\" aria-label=\"Note 41\">41<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n42\" aria-label=\"Note 42\">42<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n43\" aria-label=\"Note 43\">43<\/a><\/sup><\/td><td>ISO<\/td><td>2019 to 2024<\/td><td>context<\/td><td>asset, supply chain and continuity management<\/td><\/tr><tr><td>ISPS Code<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n48\" aria-label=\"Note 48\">48<\/a><\/sup><\/td><td>IMO<\/td><td>2004<\/td><td>context<\/td><td>port and ship security<\/td><\/tr><tr><td>Rural Access Index<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n50\" id=\"nx-nrp-gs-09-c6-r50\" aria-label=\"Note 50\">50<\/a><\/sup><\/td><td>World Bank<\/td><td>2023<\/td><td>context<\/td><td>rural road access<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Where the evidence agrees<\/h3><ul class=\"nrp-list\"><li>Seaborne trade volumes grew in 2024 and routes lengthened<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/li><li>Chokepoint disruption raises freight, fuel and insurance costs<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n3\" id=\"nx-nrp-gs-09-c6-r3\" aria-label=\"Note 3\">3<\/a><\/sup><\/li><li>A large share of road, rail and port assets is exposed to hazards<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n15\" aria-label=\"Note 15\">15<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Where it is unsettled<\/h3><ul class=\"nrp-list\"><li>How many people fly: airport and airline counts differ by method<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n28\" aria-label=\"Note 28\">28<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n29\" aria-label=\"Note 29\">29<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n7\" aria-label=\"Note 7\">7<\/a><\/sup><\/li><li>How much seaborne freight moves: the UNCTAD Review and the SDG indicator differ by basis<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n5\" aria-label=\"Note 5\">5<\/a><\/sup><\/li><li>How long the 2026 Hormuz disruption lasts, and how far transits recovered<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c6-n44\" id=\"nx-nrp-gs-09-c6-r44\" aria-label=\"Note 44\">44<\/a><\/sup><\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">NEWS AND PREPRINTS<\/p><p>No news report or preprint binds a finding in this edition. News is used only to date events; preprints used from 2027 will be flagged as not peer-reviewed.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c6-notes\" aria-labelledby=\"nx-nrp-gs-09-c6-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c6-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c6-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n24\"><span class=\"nrp-notes-n\">24<\/span><span>European Commission (ed.), Trans-European transport network (TEN-T), policy page on Regulation (EU) 2024\/1679 (core network by 2030, extended core by 2040, comprehensive by 2050). Directorate-General for Mobility and Transport, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r24\" aria-label=\"Back to the first call of note 24\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n25\"><span class=\"nrp-notes-n\">25<\/span><span>European Commission (ed.), NIS2 Directive: securing network and information <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, policy page on Directive (EU) 2022\/2555 (earlier directive repealed from 18 October 2024). Directorate-General for Communications Networks, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r25\" aria-label=\"Back to the first call of note 25\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n39\"><span class=\"nrp-notes-n\">39<\/span><span>UNVERIFIED, not opened: Directive (EU) 2022\/2557 of the European Parliament and of the Council on the resilience of critical entities, Official Journal of the European Union, 2022; the legal text returned a challenge page and the transport scope is cited from a search summary. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r39\" aria-label=\"Back to the first call of note 39\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n26\"><span class=\"nrp-notes-n\">26<\/span><span>IMO (ed.), Initial IMO GHG Strategy, hot topic page (notes that the 2023 strategy has been adopted). International Maritime Organization, London. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r26\" aria-label=\"Back to the first call of note 26\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n27\"><span class=\"nrp-notes-n\">27<\/span><span>DNV (ed.), Decision on the IMO Net-Zero Framework delayed for one year, news item of 2025 on the second extraordinary session of the Marine Environment Protection Committee. DNV, Oslo. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r27\" aria-label=\"Back to the first call of note 27\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n40\"><span class=\"nrp-notes-n\">40<\/span><span>UNVERIFIED, not opened: POST-CLOSE, context only: IMO (ed.), Marine Environment Protection Committee, extraordinary session of October 2025 and the session of October 2026 on the Net-Zero Framework; only the DNV summary [27] was opened. International Maritime Organization, London. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r40\" aria-label=\"Back to the first call of note 40\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n41\"><span class=\"nrp-notes-n\">41<\/span><span>UNVERIFIED, not opened: ISO 55000:2024, Asset management: vocabulary, overview and principles. International Organization for Standardization, Geneva; the page was blocked. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r41\" aria-label=\"Back to the first call of note 41\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n42\"><span class=\"nrp-notes-n\">42<\/span><span>UNVERIFIED, not opened: ISO 28000:2022, Security and resilience: security management systems for the supply chain. International Organization for Standardization, Geneva; the page was blocked. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r42\" aria-label=\"Back to the first call of note 42\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n43\"><span class=\"nrp-notes-n\">43<\/span><span>UNVERIFIED, not opened: ISO 22301:2019, Security and resilience: <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 business-continuity\" data-tk=\"Nexus risk vocabulary\" data-td=\"The ability of an organisation to continue delivering essential products and services at acceptable levels during and after disruption.\" data-ts=\"NRS-C1\" data-tr=\"draft\" data-tg=\"https:\/\/nexustandards.com\/glossary\/business-continuity\/\" data-tgl=\"Nexus Standards glossary\">business continuity<\/a> management systems. International Organization for Standardization, Geneva; the page was blocked. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r43\" aria-label=\"Back to the first call of note 43\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n48\"><span class=\"nrp-notes-n\">48<\/span><span>UNVERIFIED, not opened: IMO (ed.), International Ship and Port Facility Security Code, 2004 (SOLAS chapter XI-2), cited from memory. International Maritime Organization, London. Observation year 2004. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r48\" aria-label=\"Back to the first call of note 48\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n19\"><span class=\"nrp-notes-n\">19<\/span><span>Thacker, S. et al., Infrastructure for sustainable development, Nature Sustainability 2, 324 to 331, 2019 (abstract opened). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r19\" aria-label=\"Back to the first call of note 19\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n30\"><span class=\"nrp-notes-n\">30<\/span><span>IPCC, Climate Change 2022: Impacts, Adaptation and Vulnerability, Working Group II, Chapter 6: Cities, Settlements and Key Infrastructure (chapter PDF opened). Intergovernmental Panel on Climate Change, Geneva. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r30\" aria-label=\"Back to the first call of note 30\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n46\"><span class=\"nrp-notes-n\">46<\/span><span>UNVERIFIED, not opened: Colon, C., Hallegatte, S. and Rozenberg, J., Criticality analysis of a country\u2019s transport network via an agent-based supply chain model, Nature Sustainability 4, 209 to 215, 2021; bibliographic record read via Crossref, abstract not read. Springer Nature. Observation year 2020. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r46\" aria-label=\"Back to the first call of note 46\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n47\"><span class=\"nrp-notes-n\">47<\/span><span>UNVERIFIED, not opened: Verschuur, J., Koks, E.E. and Hall, J.W., Port disruptions due to natural disasters: Insights into port and logistics resilience, Transportation Research Part D 85, 102393, 2020; bibliographic record read via Crossref, abstract not read. Elsevier. Observation year 2020. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r47\" aria-label=\"Back to the first call of note 47\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n13\"><span class=\"nrp-notes-n\">13<\/span><span>IEA (ed.), Global Energy Review 2026 (PDF, opened from a copy of the published report hosted by a third party). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r13\" aria-label=\"Back to the first call of note 13\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n49\"><span class=\"nrp-notes-n\">49<\/span><span>UNVERIFIED, not opened: UNCTAD (ed.), Review of Maritime Transport 2024: Navigating maritime chokepoints; named in the SDG 9 storyline [5], not opened. UN Trade and Development, Geneva. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r49\" aria-label=\"Back to the first call of note 49\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n34\"><span class=\"nrp-notes-n\">34<\/span><span>UNVERIFIED, not opened: ITF (ed.), ITF Transport Outlook 2023. International Transport Forum at the OECD, Paris; the page returned an access error and no figure is used. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r34\" aria-label=\"Back to the first call of note 34\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n36\"><span class=\"nrp-notes-n\">36<\/span><span>UNVERIFIED, not opened: UNDRR (ed.), Global Assessment Report on Disaster Risk Reduction 2025, Resilience Pays: Financing and Investing for our Future; the page was not accessible and no figure from search summaries is used. UN Office for Disaster Risk Reduction, Geneva. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r36\" aria-label=\"Back to the first call of note 36\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n6\"><span class=\"nrp-notes-n\">6<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, container port traffic (TEU), series IS.SHP.GOOD.TU, API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r6\" aria-label=\"Back to the first call of note 6\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n7\"><span class=\"nrp-notes-n\">7<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, air transport passengers carried and freight (series IS.AIR.PSGR and IS.AIR.GOOD.MT.K1, ICAO source) and rail series (no values returned), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r7\" aria-label=\"Back to the first call of note 7\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n8\"><span class=\"nrp-notes-n\">8<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, individuals using the Internet (series IT.NET.USER.ZS, ITU source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r8\" aria-label=\"Back to the first call of note 8\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n9\"><span class=\"nrp-notes-n\">9<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, urban population as a share of total population (series SP.URB.TOTL.IN.ZS, UN source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r9\" aria-label=\"Back to the first call of note 9\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n20\"><span class=\"nrp-notes-n\">20<\/span><span>ASCE (ed.), 2025 Report Card for America\u2019s Infrastructure (summary page: overall grade C, grades from B in ports to D in stormwater and transit, USD 3.6 trillion investment gap over ten years). American Society of Civil Engineers, Reston. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r20\" aria-label=\"Back to the first call of note 20\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n28\"><span class=\"nrp-notes-n\">28<\/span><span>ACI World (ed.), Biannual global air travel demand update, 30 September 2025 (9.4 billion passengers in 2024; 9.8 billion projected for 2025). Airports Council International, Montreal. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r28\" aria-label=\"Back to the first call of note 28\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n29\"><span class=\"nrp-notes-n\">29<\/span><span>IATA (ed.), Industry outlook press release, December 2025 (5.2 billion passengers expected in 2026, up 4.4% on 2025; cargo 71.6 million tonnes). International Air Transport Association, Montreal. Observation year 2026 (expectation). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r29\" aria-label=\"Back to the first call of note 29\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n35\"><span class=\"nrp-notes-n\">35<\/span><span>UNVERIFIED, not opened: ICAO (ed.), Air transport statistics and The World of Air Transport; the site returned an access error and no figure from it is used. International Civil Aviation Organization, Montreal. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r35\" aria-label=\"Back to the first call of note 35\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n37\"><span class=\"nrp-notes-n\">37<\/span><span>UNVERIFIED, not opened: World Bank (ed.), Connecting to Compete 2023: Trade Logistics in the Global Economy, the Logistics Performance Index; the site was not accessible and no value is used. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r37\" aria-label=\"Back to the first call of note 37\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r22\" aria-label=\"Back to the first call of note 22\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n50\"><span class=\"nrp-notes-n\">50<\/span><span>UNVERIFIED, not opened: World Bank (ed.), Rural Access Index, SDG indicator 9.1.1; the custodian storyline in the SDG Extended Report is empty and the index was not retrieved. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r50\" aria-label=\"Back to the first call of note 50\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n3\"><span class=\"nrp-notes-n\">3<\/span><span>UNCTAD (ed.), Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies, media alert UNCTAD\/PRESS\/MA\/2026\/003, Geneva, 10 March 2026. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r3\" aria-label=\"Back to the first call of note 3\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c6-n44\"><span class=\"nrp-notes-n\">44<\/span><span>UNVERIFIED, not opened: UNCTAD (ed.), Strait of Hormuz tracking dashboard, launched April 2026; known only from search summaries. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c6-r44\" aria-label=\"Back to the first call of note 44\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-agenda\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c7-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 7<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">The 2027 agenda<\/h2><p class=\"nrp-lede\">Eight bounded questions open the 2027 infrastructure and logistics agenda. Each comes from a baseline finding, names the initiative that will carry it and the first output due in the 2027 infrastructure and logistics edition.<\/p><p class=\"nrp-chap-meta\"><span>5 min read<\/span><span>0 figures<\/span><span>6 tables<\/span><span>4 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-s1\" aria-labelledby=\"nx-nrp-gs-09-c7-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-s1-h\"><span class=\"nrp-num\">7.1<\/span><span>Questions for the operational series<\/span><\/h2><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">L-01<\/span><p class=\"nrp-rows-t\">How would a chokepoint closure that coincides with port weather downtime and a <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 cyber-incident\" data-tk=\"Nexus risk vocabulary\" data-td=\"An event that compromises the confidentiality, integrity or availability of information systems or data.\" data-ts=\"NRS-C1\" data-tr=\"draft\">cyber incident<\/a> travel through fuel, food and health supply at once?<\/p><p class=\"nrp-rows-m\">INI-GS09-HRM-01 \u00b7 compound chokepoint test; first output: concurrency analysis for six corridors.<\/p><\/li><li><span class=\"nrp-rows-i\">L-02<\/span><p class=\"nrp-rows-t\">What is the current condition and maintenance backlog of roads, bridges and ports outside the United States?<\/p><p class=\"nrp-rows-m\">INI-GS09-CND-02 \u00b7 condition register; first output: asset condition table by region.<\/p><\/li><li><span class=\"nrp-rows-i\">L-03<\/span><p class=\"nrp-rows-t\">Which ports and corridors are single points of failure for island and landlocked economies?<\/p><p class=\"nrp-rows-m\">INI-GS09-PRT-03 \u00b7 port dependence; first output: dependence map.<\/p><\/li><li><span class=\"nrp-rows-i\">L-04<\/span><p class=\"nrp-rows-t\">How reliable is access to all-season roads and rail for rural and remote communities?<\/p><p class=\"nrp-rows-m\">INI-GS09-ACC-04 \u00b7 access and reliability; first output: rural access table.<\/p><\/li><li><span class=\"nrp-rows-i\">L-05<\/span><p class=\"nrp-rows-t\">Where do transport operations depend on a few digital suppliers and networks, and what has failed?<\/p><p class=\"nrp-rows-m\">INI-GS09-CYB-05 \u00b7 operational technology dependence; first output: incident and dependence register.<\/p><\/li><li><span class=\"nrp-rows-i\">L-06<\/span><p class=\"nrp-rows-t\">Which shared corridors lack operational contingency arrangements for diversion?<\/p><p class=\"nrp-rows-m\">To be admitted in 2027; first output: arrangement overlay.<\/p><\/li><li><span class=\"nrp-rows-i\">L-07<\/span><p class=\"nrp-rows-t\">How do heat waves and storms change capacity of rail, roads, airports and ports together?<\/p><p class=\"nrp-rows-m\">To be admitted in 2027; first output: scoping note.<\/p><\/li><li><span class=\"nrp-rows-i\">L-08<\/span><p class=\"nrp-rows-t\">Which infrastructure capabilities have been tested in real disruptions, and which are only planned?<\/p><p class=\"nrp-rows-m\">Infrastructure capability register; first output: rung evidence for 15 functions.<\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-s2\" aria-labelledby=\"nx-nrp-gs-09-c7-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-s2-h\"><span class=\"nrp-num\">7.2<\/span><span>Portfolio proposed for the Q1 2027 alignment<\/span><\/h2><p class=\"nrp-stand\">Five initiatives and one Universe mission candidate are proposed for the 2027 infrastructure portfolio. They are programme objects: no partner, funder or member is attached to them in this edition.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c7-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 7.1<\/span><span class=\"nrp-tbl-t\">Objects proposed for the first operational quarter<\/span><\/caption><thead><tr><th scope=\"col\">ID<\/th><th scope=\"col\">Object<\/th><th scope=\"col\">Kind<\/th><th scope=\"col\">Question<\/th><th scope=\"col\">State<\/th><\/tr><\/thead><tbody><tr><td><span class=\"nrp-mono\">INI-GS09-HRM-01<\/span><\/td><td>Compound chokepoint test<\/td><td>Initiative<\/td><td>L-01<\/td><td>PROPOSED<\/td><\/tr><tr><td><span class=\"nrp-mono\">INI-GS09-CND-02<\/span><\/td><td>Asset condition register<\/td><td>Initiative<\/td><td>L-02<\/td><td>PROPOSED<\/td><\/tr><tr><td><span class=\"nrp-mono\">INI-GS09-PRT-03<\/span><\/td><td>Port and corridor dependence<\/td><td>Initiative<\/td><td>L-03<\/td><td>PROPOSED<\/td><\/tr><tr><td><span class=\"nrp-mono\">INI-GS09-ACC-04<\/span><\/td><td>Access and reliability<\/td><td>Initiative<\/td><td>L-04<\/td><td>PROPOSED<\/td><\/tr><tr><td><span class=\"nrp-mono\">INI-GS09-CYB-05<\/span><\/td><td>Operational technology dependence<\/td><td>Initiative<\/td><td>L-05<\/td><td>PROPOSED<\/td><\/tr><tr><td><span class=\"nrp-mono\">MSN-GS09-2027-01<\/span><\/td><td>Compound chokepoint Universe mission<\/td><td>Mission<\/td><td>L-01<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Candidate<\/span><\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-s3\" aria-labelledby=\"nx-nrp-gs-09-c7-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-s3-h\"><span class=\"nrp-num\">7.3<\/span><span>The pathway<\/span><\/h2><p class=\"nrp-stand\">The infrastructure edition reads national infrastructure chapters, regional corridor and port evidence and the global edition through one governed evidence graph. At baseline the federation is designed; the Canada and global chapters are drafted. This page states what exists today and what comes next.<\/p><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">01<\/span><p class=\"nrp-rows-t\">National infrastructure chapters<\/p><p class=\"nrp-rows-x\">transport and logistics system of each national edition<\/p><p class=\"nrp-rows-m\">DRAFTED \u00b7 further national baselines<\/p><\/li><li><span class=\"nrp-rows-i\">02<\/span><p class=\"nrp-rows-t\">Corridor and port evidence<\/p><p class=\"nrp-rows-x\">shared sea lanes, canals, rail corridors and hubs<\/p><p class=\"nrp-rows-m\">PLANNED \u00b7 regional Baseline Editions<\/p><\/li><li><span class=\"nrp-rows-i\">03<\/span><p class=\"nrp-rows-t\">Infrastructure sector model<\/p><p class=\"nrp-rows-x\">the global infrastructure system of <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a><\/p><p class=\"nrp-rows-m\">v0 SPECIFIED \u00b7 v1 with federation evidence<\/p><\/li><li><span class=\"nrp-rows-i\">04<\/span><p class=\"nrp-rows-t\">Global and strategic links<\/p><p class=\"nrp-rows-x\">GLB \u00b7 SR-02 <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 critical-infrastructure\" data-tk=\"Nexus risk vocabulary\" data-td=\"Physical and digital assets, systems and networks whose disruption would seriously affect health, safety, security, economic welfare or the functioning of government. Criticality depends on what relies on them.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Critical Infrastructure<\/a> and Lifeline Systems \u00b7 SR-03 Global Supply Chains, Trade and Chokepoints<\/p><p class=\"nrp-rows-m\">PLANNED \u00b7 strategic baselines<\/p><\/li><li><span class=\"nrp-rows-i\">05<\/span><p class=\"nrp-rows-t\">Universe<\/p><p class=\"nrp-rows-x\">annual proving environment<\/p><p class=\"nrp-rows-m\">CANDIDATE MISSION \u00b7 mandate in 2027<\/p><\/li><li><span class=\"nrp-rows-i\">06<\/span><p class=\"nrp-rows-t\">Global Infrastructure Report<\/p><p class=\"nrp-rows-x\">this series<\/p><p class=\"nrp-rows-m\">BASELINE DRAFT \u00b7 2027 annual edition<\/p><\/li><li><span class=\"nrp-rows-i\">07<\/span><p class=\"nrp-rows-t\">Evidence and correction<\/p><p class=\"nrp-rows-x\">one graph, many projections<\/p><p class=\"nrp-rows-m\">OPEN \u00b7 first correction cycle in 2027<\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-s4\" aria-labelledby=\"nx-nrp-gs-09-c7-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-s4-h\"><span class=\"nrp-num\">7.4<\/span><span>Universe 2027: evidence pack for the infrastructure and logistics candidate mission<\/span><\/h2><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">01<\/span><p class=\"nrp-rows-x\">Mandate<\/p><\/li><li><span class=\"nrp-rows-i\">02<\/span><p class=\"nrp-rows-x\">Core Build \u00b7 1 month<\/p><\/li><li><span class=\"nrp-rows-i\">03<\/span><p class=\"nrp-rows-x\">Action \u00b7 1 week<\/p><\/li><li><span class=\"nrp-rows-i\">04<\/span><p class=\"nrp-rows-x\">Evidence seal<\/p><\/li><li><span class=\"nrp-rows-i\">05<\/span><p class=\"nrp-rows-x\">Portfolio correction<\/p><\/li><li><span class=\"nrp-rows-i\">06<\/span><p class=\"nrp-rows-x\">Next mandate<\/p><\/li><\/ol><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c7-tab2\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 7.2<\/span><span class=\"nrp-tbl-t\">Universe 2027: evidence pack for the infrastructure and logistics candidate mission<\/span><\/caption><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\">Record<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Timing<\/th><\/tr><\/thead><tbody><tr><td>F1<\/td><td>Annual mandate record<\/td><td>PLANNED<\/td><td>after the Q2 2027 alignment<\/td><\/tr><tr><td>F2<\/td><td>Core Build record<\/td><td>PLANNED<\/td><td>one month before the exercise<\/td><\/tr><tr><td>F3<\/td><td>Exercise evidence<\/td><td>PLANNED<\/td><td>during the Action week<\/td><\/tr><tr><td>F4<\/td><td>Decision packets<\/td><td>PLANNED<\/td><td>exercise state only<\/td><\/tr><tr><td>F5<\/td><td>Proof receipts<\/td><td>PLANNED<\/td><td>scoped to each recorded check<\/td><\/tr><tr><td>F6<\/td><td>After-action report<\/td><td>PLANNED<\/td><td>within one quarter<\/td><\/tr><tr><td>F7<\/td><td>Upgrade docket<\/td><td>PLANNED<\/td><td>routed to the Portfolio<\/td><\/tr><tr><td>F8<\/td><td>Portfolio renewal<\/td><td>PLANNED<\/td><td>2027 global annual edition<\/td><\/tr><tr><td>F9<\/td><td>Public synthesis<\/td><td>PLANNED<\/td><td>public-safe extracts only<\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">Mission<\/h3><dl class=\"nrp-dl\"><dt>ID<\/dt><dd>MSN-GS09-2027-01 \u00b7 Compound chokepoint Universe mission<\/dd><dt>Role spine<\/dt><dd>Leadership sponsor \u00b7 Institutional anchor \u00b7 Mission lead: drawn from national pathways<\/dd><dt>Receiving actors<\/dt><dd>to be identified with the mandate<\/dd><\/dl><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Simulation success is not deployment approval; demonstration is not certification; finance readiness is not financing secured.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-s5\" aria-labelledby=\"nx-nrp-gs-09-c7-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-s5-h\"><span class=\"nrp-num\">7.5<\/span><span>Handoffs and routing<\/span><\/h2><p class=\"nrp-stand\">Where the baseline\u2019s findings go next. A handoff routes a finding for awareness, review or work; it transfers no authority.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c7-tab3\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 7.3<\/span><span class=\"nrp-tbl-t\">Handoffs and routing<\/span><\/caption><thead><tr><th scope=\"col\">Finding<\/th><th scope=\"col\">Routed to<\/th><th scope=\"col\">Purpose<\/th><th scope=\"col\">Class<\/th><\/tr><\/thead><tbody><tr><td>TRD-001 \u00b7 trade volumes<\/td><td>public record<\/td><td>reference for the 2027 series<\/td><td>PUBLIC<\/td><\/tr><tr><td>TRD-002 \u00b7 chokepoint transits<\/td><td>INI-GS09-HRM-01 \u00b7 key F review<\/td><td>compound chokepoint test<\/td><td>PUBLIC<\/td><\/tr><tr><td>INF-005 \u00b7 hazard exposure<\/td><td>INI-GS09-CND-02<\/td><td>asset condition register<\/td><td>PUBLIC<\/td><\/tr><tr><td>TRD-006 \u00b7 ports at risk<\/td><td>INI-GS09-PRT-03<\/td><td>port and corridor dependence<\/td><td>PUBLIC<\/td><\/tr><tr><td>HLT-008 \u00b7 road deaths<\/td><td>public record<\/td><td>reference for the 2027 series<\/td><td>PUBLIC<\/td><\/tr><tr><td>DAT-009 \u00b7 connectivity<\/td><td>INI-GS09-ACC-04<\/td><td>access and reliability<\/td><td>PUBLIC<\/td><\/tr><tr><td>INF-011 \u00b7 structure failure<\/td><td>INI-GS09-CYB-05<\/td><td>operational dependence overlay<\/td><td>PUBLIC<\/td><\/tr><tr><td>SYS-012 \u00b7 compound pathway<\/td><td>MSN-GS09-2027-01<\/td><td>Universe candidate<\/td><td>CONSORTIUM<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c7-tab4\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 7.4<\/span><span class=\"nrp-tbl-t\">Routing rules by publication class<\/span><\/caption><thead><tr><th scope=\"col\">Class<\/th><th scope=\"col\">Where it goes<\/th><th scope=\"col\">Who can see it<\/th><\/tr><\/thead><tbody><tr><td>PUBLIC<\/td><td>the published edition and its evidence bundle<\/td><td>anyone<\/td><\/tr><tr><td>CONSORTIUM<\/td><td>governed rooms of the federation<\/td><td>consortium members under agreement<\/td><\/tr><tr><td>CONTROLLED<\/td><td>need-to-know channels<\/td><td>named competent actors only<\/td><\/tr><\/tbody><\/table><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">CODES ARE NOT JOINS<\/p><p>Series codes in this edition (GS-09 and its relatives) are Reports codes. Codes in other indices can look alike. This edition makes no join on a code alone: a join needs a registry record that names both subjects.<\/p><\/aside><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Handoffs carry findings to Nexus programme objects and steward reviews. States and organisations receive public editions as published; nothing here instructs them.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-s6\" aria-labelledby=\"nx-nrp-gs-09-c7-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-s6-h\"><span class=\"nrp-num\">7.6<\/span><span>Feeds and signal register<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c7-tab5\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 7.5<\/span><span class=\"nrp-tbl-t\">Feeds watched from 2027<\/span><\/caption><thead><tr><th scope=\"col\">Feed<\/th><th scope=\"col\">Producer<\/th><th scope=\"col\">Latency<\/th><th scope=\"col\">Feeds into<\/th><\/tr><\/thead><tbody><tr><td>Review of Maritime Transport and the shipping tracking<\/td><td>UNCTAD<\/td><td>annual and ad hoc<\/td><td>TRD-001<\/td><\/tr><tr><td>Chokepoint transit series<\/td><td>IMF PortWatch and UNCTAD<\/td><td>daily<\/td><td>TRD-002<\/td><\/tr><tr><td>World Development Indicators<\/td><td>World Bank<\/td><td>annual<\/td><td>TRD-006<\/td><\/tr><tr><td>Road safety status reports<\/td><td>WHO<\/td><td>periodic<\/td><td>HLT-008<\/td><\/tr><tr><td>Facts and Figures<\/td><td>ITU<\/td><td>annual<\/td><td>DAT-009<\/td><\/tr><tr><td>SDG 9 indicators<\/td><td>UN DESA and custodian agencies<\/td><td>annual<\/td><td>FIN-007<\/td><\/tr><tr><td>Transport Threat Landscape<\/td><td>ENISA<\/td><td>periodic<\/td><td>INF-011<\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">Escalation routes<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">none \u00b7 keep monitoring<\/li><li class=\"nf-ui-chip\">research question<\/li><li class=\"nf-ui-chip\">project<\/li><li class=\"nf-ui-chip\">risk object<\/li><li class=\"nf-ui-chip\">annual publication<\/li><li class=\"nf-ui-chip\">signal report<\/li><\/ul><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c7-tab6\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 7.6<\/span><span class=\"nrp-tbl-t\">Signals at baseline<\/span><\/caption><thead><tr><th scope=\"col\">ID<\/th><th scope=\"col\">Signal<\/th><th scope=\"col\">Corroboration<\/th><th scope=\"col\">Systems<\/th><th scope=\"col\">Route<\/th><\/tr><\/thead><tbody><tr><td>SIG-GS09-001<\/td><td>Hormuz transits fell by 97% in early March 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c7-n2\" id=\"nx-nrp-gs-09-c7-r2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><td>CORROBORATED<\/td><td>TRD \u00b7 ENE \u00b7 FOO<\/td><td>research question L-01<\/td><\/tr><tr><td>SIG-GS09-002<\/td><td>Suez tonnage stayed 70% below the 2023 average<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c7-n1\" id=\"nx-nrp-gs-09-c7-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td>CORROBORATED<\/td><td>TRD \u00b7 FIN<\/td><td>initiative L-03<\/td><\/tr><tr><td>SIG-GS09-003<\/td><td>Port downtime from climate hazards<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c7-n16\" id=\"nx-nrp-gs-09-c7-r16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c7-n17\" id=\"nx-nrp-gs-09-c7-r17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><td>PARTIAL<\/td><td>INF \u00b7 TRD<\/td><td>research question L-03<\/td><\/tr><\/tbody><\/table><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>A signal is not a warning. Signal records never substitute for official alerting or early-warning authorities, and they bypass no publication control.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c7-notes\" aria-labelledby=\"nx-nrp-gs-09-c7-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c7-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c7-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c7-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c7-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c7-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c7-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c7-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c7-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c7-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-systems-in-depth\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-c8-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Chapter 8<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Systems in depth<\/h2><p class=\"nrp-lede\">One section per system: its state at evidence close, its exposures and what the operational series will watch.<\/p><p class=\"nrp-chap-meta\"><span>8 min read<\/span><span>0 figures<\/span><span>5 tables<\/span><span>20 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c8-s1\" aria-labelledby=\"nx-nrp-gs-09-c8-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c8-s1-h\"><span class=\"nrp-num\">8.1<\/span><span>Infrastructure and water<\/span><\/h2><p class=\"nrp-stand\">Water levels and floods shape routes. Flooding causes about 73% of expected direct damage to road and rail, and canals and rivers carry freight only while levels allow.<\/p><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">73<\/span><span class=\"nrp-cell-u\">%<\/span><p>of expected road and rail damage from flooding<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n15\" id=\"nx-nrp-gs-09-c8-r15\" aria-label=\"Note 15\">15<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">13,404<\/span><span class=\"nrp-cell-u\">transits<\/span><p>Panama Canal, 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n32\" id=\"nx-nrp-gs-09-c8-r32\" aria-label=\"Note 32\">32<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">7.5<\/span><span class=\"nrp-cell-u\">%<\/span><p>of road and rail assets exposed to a 1-in-100-year flood<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n15\" aria-label=\"Note 15\">15<\/a><\/sup><\/p><\/div><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c8-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 8.1<\/span><span class=\"nrp-tbl-t\">State at baseline<\/span><\/caption><thead><tr><th scope=\"col\">Component<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Evidence<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td>Roads and rail<\/td><td>flooding is the largest source of expected direct damage; protection could return a positive benefit on about 60% of exposed roads<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n15\" aria-label=\"Note 15\">15<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Canals<\/td><td>canal transits are reported by the operator; UNCTAD notes congestion and transit restrictions at the Panama Canal in 2024, not quantified here<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n32\" aria-label=\"Note 32\">32<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n1\" id=\"nx-nrp-gs-09-c8-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Ports and coasts<\/td><td>tropical cyclones cause 32% of port-specific risk; sea level rise is not quantified here<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n17\" id=\"nx-nrp-gs-09-c8-r17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Water use of transport<\/td><td>not consolidated here<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n30\" id=\"nx-nrp-gs-09-c8-r30\" aria-label=\"Note 30\">30<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Couplings<\/h3><ul class=\"nrp-list\"><li>WAT \u2192 INF flood and low-flow disruption<\/li><li>INF \u2192 WAT dredging and canal works<\/li><li>CLI \u2192 WAT \u2192 INF <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-h11\" data-tc=\"NHS-1 water.coastal.storm-surge\" data-tk=\"Water systems \u00b7 Coastal and sea-level hazards\" data-td=\"Sea level pushed above the tide by storm wind and low pressure, flooding the coast.\" data-ts=\"NRS-H11\" data-tr=\"draft\" data-tx=\"https:\/\/risksindex.com\/hazards\/water\/\" data-txl=\"Water systems\">storm surge<\/a> and sea level<\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Evidence to bind in 2027<\/h3><ul class=\"nrp-list\"><li>canal capacity in low-flow years<\/li><li>water use of ports and rail<\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">WHAT TO WATCH<\/p><p>Flood seasons in the major river basins; canal draft and transit limits; storm tracks near large ports.<\/p><\/aside><h3 class=\"nrp-h3\">Related editions<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">GLB Global Systems<\/li><li class=\"nf-ui-chip\">GS-02 Energy<\/li><li class=\"nf-ui-chip\">GS-03 Food and Agrifood Systems<\/li><li class=\"nf-ui-chip\">GS-04 Health and One Health<\/li><li class=\"nf-ui-chip\">GS-10 Cities and Urban Systems<\/li><li class=\"nf-ui-chip\">SR-03 Global Supply Chains, Trade and Chokepoints<\/li><\/ul><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>This chapter describes physical couplings. It assesses no operator, authority or company.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c8-s2\" aria-labelledby=\"nx-nrp-gs-09-c8-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c8-s2-h\"><span class=\"nrp-num\">8.2<\/span><span>Infrastructure and food<\/span><\/h2><p class=\"nrp-stand\">Food moves on ports, roads and cold chains. The 2026 Hormuz disruption showed that the link runs through fertiliser freight as well as fuel.<\/p><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">1\/3<\/span><span class=\"nrp-cell-u\">share<\/span><p>of seaborne fertiliser trade passes through Hormuz<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n2\" id=\"nx-nrp-gs-09-c8-r2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">16<\/span><span class=\"nrp-cell-u\">million tonnes<\/span><p>of fertiliser shipped from the Gulf in 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">2<\/span><span class=\"nrp-cell-u\">%<\/span><p>of dry bulk trade passes through Hormuz, including grain<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><\/div><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c8-tab2\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 8.2<\/span><span class=\"nrp-tbl-t\">State at baseline<\/span><\/caption><thead><tr><th scope=\"col\">Component<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Evidence<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td>Fertiliser freight<\/td><td>about 16 million tonnes a year pass through the strait; urea is 67% of it<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n3\" id=\"nx-nrp-gs-09-c8-r3\" aria-label=\"Note 3\">3<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Freight cost<\/td><td>freight, bunker and insurance costs rose in March 2026 and may raise food costs<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Port reliance<\/td><td>low-income countries and small islands rely 1.5 and 2.0 times more on ports than the global average<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n18\" id=\"nx-nrp-gs-09-c8-r18\" aria-label=\"Note 18\">18<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Cold chains<\/td><td>depend on reliable roads and power; no consolidated series here<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Couplings<\/h3><ul class=\"nrp-list\"><li>INF \u2192 FOO freight and ports<\/li><li>TRD \u2192 INF \u2192 FOO fertiliser price transmission<\/li><li>ENE \u2192 INF \u2192 FOO haulage fuel<\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Evidence to bind in 2027<\/h3><ul class=\"nrp-list\"><li>food price pass-through by region<\/li><li>cold-chain reliability<\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">WHAT TO WATCH<\/p><p>Fertiliser freight rates; food import costs in island and landlocked economies; port waiting times.<\/p><\/aside><h3 class=\"nrp-h3\">Related editions<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">GLB Global Systems<\/li><li class=\"nf-ui-chip\">GS-02 Energy<\/li><li class=\"nf-ui-chip\">GS-03 Food and Agrifood Systems<\/li><li class=\"nf-ui-chip\">GS-04 Health and One Health<\/li><li class=\"nf-ui-chip\">GS-10 Cities and Urban Systems<\/li><li class=\"nf-ui-chip\">SR-03 Global Supply Chains, Trade and Chokepoints<\/li><\/ul><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>This chapter describes physical couplings. It makes no statement on any country\u2019s trade or agricultural policy.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c8-s3\" aria-labelledby=\"nx-nrp-gs-09-c8-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c8-s3-h\"><span class=\"nrp-num\">8.3<\/span><span>Infrastructure and health<\/span><\/h2><p class=\"nrp-stand\">Infrastructure shapes health through safe roads, access to care and connected services. Road crashes remain the clearest measured harm.<\/p><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">1.19<\/span><span class=\"nrp-cell-u\">million<\/span><p>road traffic deaths, 2021<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n11\" id=\"nx-nrp-gs-09-c8-r11\" aria-label=\"Note 11\">11<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">92<\/span><span class=\"nrp-cell-u\">%<\/span><p>of road deaths in low- and middle-income countries<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n12\" id=\"nx-nrp-gs-09-c8-r12\" aria-label=\"Note 12\">12<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">2<\/span><span class=\"nrp-cell-u\">billion<\/span><p>people offline in 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n10\" id=\"nx-nrp-gs-09-c8-r10\" aria-label=\"Note 10\">10<\/a><\/sup><\/p><\/div><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c8-tab3\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 8.3<\/span><span class=\"nrp-tbl-t\">State at baseline<\/span><\/caption><thead><tr><th scope=\"col\">Component<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Evidence<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td>Road safety<\/td><td>1.19 million deaths in 2021; leading cause of death for people aged 5 to 29; a fact sheet gives 1.16 million<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n11\" aria-label=\"Note 11\">11<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n12\" aria-label=\"Note 12\">12<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Cost of crashes<\/td><td>most countries bear a cost of about 3% of GDP<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n12\" aria-label=\"Note 12\">12<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Connectivity<\/td><td>3G or better covers 96% of people; 4% (312 million) have no mobile broadband<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n5\" id=\"nx-nrp-gs-09-c8-r5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Access to care<\/td><td>not consolidated here<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n14\" id=\"nx-nrp-gs-09-c8-r14\" aria-label=\"Note 14\">14<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Couplings<\/h3><ul class=\"nrp-list\"><li>INF \u2192 HLT crashes and access<\/li><li>DAT \u2192 INF \u2192 HLT telehealth and logistics<\/li><li>ENE \u2192 INF \u2192 HLT fuel and power for care<\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Evidence to bind in 2027<\/h3><ul class=\"nrp-list\"><li>travel time to care by region<\/li><li>reliability of connectivity<\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">WHAT TO WATCH<\/p><p>The next WHO status report; rural road access data; the winter season on diverted routes.<\/p><\/aside><h3 class=\"nrp-h3\">Related editions<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">GLB Global Systems<\/li><li class=\"nf-ui-chip\">GS-02 Energy<\/li><li class=\"nf-ui-chip\">GS-03 Food and Agrifood Systems<\/li><li class=\"nf-ui-chip\">GS-04 Health and One Health<\/li><li class=\"nf-ui-chip\">GS-10 Cities and Urban Systems<\/li><li class=\"nf-ui-chip\">SR-03 Global Supply Chains, Trade and Chokepoints<\/li><\/ul><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Health-system planning rests with national authorities and WHO. No personal health data are used or shown in Reports.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c8-s4\" aria-labelledby=\"nx-nrp-gs-09-c8-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c8-s4-h\"><span class=\"nrp-num\">8.4<\/span><span>Infrastructure and nature<\/span><\/h2><p class=\"nrp-stand\">Infrastructure influences almost every goal for people and the planet. Shipping and corridors also press on climate and habitats, and the nature side of the ledger is thin in this edition.<\/p><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">72<\/span><span class=\"nrp-cell-u\">%<\/span><p>of SDG targets influenced by infrastructure<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n19\" id=\"nx-nrp-gs-09-c8-r19\" aria-label=\"Note 19\">19<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">2.5<\/span><span class=\"nrp-cell-u\">billion<\/span><p>more urban people by 2050<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n30\" aria-label=\"Note 30\">30<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">1.43<\/span><span class=\"nrp-cell-u\">\u00b0C<\/span><p>above pre-industrial, 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n31\" id=\"nx-nrp-gs-09-c8-r31\" aria-label=\"Note 31\">31<\/a><\/sup><\/p><\/div><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c8-tab4\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 8.4<\/span><span class=\"nrp-tbl-t\">State at baseline<\/span><\/caption><thead><tr><th scope=\"col\">Component<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Evidence<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td>Sustainable development<\/td><td>infrastructure directly or indirectly influences all of the SDGs, including 72% of targets<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n19\" aria-label=\"Note 19\">19<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Shipping emissions<\/td><td>the IMO adopted a strategy in 2023 and deferred the Net-Zero Framework in 2025<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n26\" id=\"nx-nrp-gs-09-c8-r26\" aria-label=\"Note 26\">26<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n27\" id=\"nx-nrp-gs-09-c8-r27\" aria-label=\"Note 27\">27<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Fleet transition<\/td><td>8% of the active fleet by gross tonnage is designed for alternative fuels; over 90% runs on conventional fuels<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Habitat effects<\/td><td>dredging, corridors and port expansion; not consolidated here<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n30\" aria-label=\"Note 30\">30<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Couplings<\/h3><ul class=\"nrp-list\"><li>INF \u2192 BIO corridors and dredging<\/li><li>INF \u2192 CLI emissions<\/li><li>BIO \u2192 INF pests and invasive species carried by trade<\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Evidence to bind in 2027<\/h3><ul class=\"nrp-list\"><li>habitat effects of corridors and dredging<\/li><li>transport emissions on one basis<\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">WHAT TO WATCH<\/p><p>The IMO Net-Zero Framework; fleet orderbook shares; urban expansion near coasts.<\/p><\/aside><h3 class=\"nrp-h3\">Related editions<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">GLB Global Systems<\/li><li class=\"nf-ui-chip\">GS-02 Energy<\/li><li class=\"nf-ui-chip\">GS-03 Food and Agrifood Systems<\/li><li class=\"nf-ui-chip\">GS-04 Health and One Health<\/li><li class=\"nf-ui-chip\">GS-10 Cities and Urban Systems<\/li><li class=\"nf-ui-chip\">SR-03 Global Supply Chains, Trade and Chokepoints<\/li><\/ul><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Biodiversity is not reduced to a single number. Where valuation is used later, it will never be presented as the whole value.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c8-s5\" aria-labelledby=\"nx-nrp-gs-09-c8-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c8-s5-h\"><span class=\"nrp-num\">8.5<\/span><span>Infrastructure, energy and extremes<\/span><\/h2><p class=\"nrp-stand\">Transport now draws on power as well as fuel, and sudden failures come from chokepoints, storms, structures and software. These are the channels the 2024 to 2026 evidence shows.<\/p><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">21<\/span><span class=\"nrp-cell-u\">million<\/span><p>electric cars sold in 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n13\" id=\"nx-nrp-gs-09-c8-r13\" aria-label=\"Note 13\">13<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">3.6<\/span><span class=\"nrp-cell-u\">%<\/span><p>rise in oil use for aviation in 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n13\" aria-label=\"Note 13\">13<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">98<\/span><span class=\"nrp-cell-u\">incidents<\/span><p>reported cyber incidents on transport, 2021 to 2022<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n23\" id=\"nx-nrp-gs-09-c8-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/p><\/div><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-c8-tab5\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table 8.5<\/span><span class=\"nrp-tbl-t\">State at baseline<\/span><\/caption><thead><tr><th scope=\"col\">Component<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Evidence<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td>Fuel and power<\/td><td>electric cars one in four sales; transport over 10% of electricity demand growth in 2025<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n13\" aria-label=\"Note 13\">13<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Chokepoints<\/td><td>Hormuz transits fell 97%; Suez tonnage 70% below the 2023 average<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Structures<\/td><td>a loose wire caused a <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-h48\" data-tc=\"NHS-1 infra.utilities.power-blackout\" data-tk=\"Built systems \u00b7 Utility and communication network outage\" data-td=\"Loss of electricity supply across a large area, stopping water, heating, cooling, communications and health care.\" data-ts=\"NRS-H48\" data-tr=\"draft\" data-tx=\"https:\/\/risksindex.com\/hazards\/infra\/\" data-txl=\"Built systems\">blackout<\/a> on a vessel that struck a bridge; six workers died<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n22\" id=\"nx-nrp-gs-09-c8-r22\" aria-label=\"Note 22\">22<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><tr><td>Cyber incidents<\/td><td>ransomware was 38% of incidents in 2021 to 2022; cybercriminals 54% of attackers<\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-c8-n23\" aria-label=\"Note 23\">23<\/a><\/sup><\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Couplings<\/h3><ul class=\"nrp-list\"><li>TRD \u2192 INF chokepoints<\/li><li>DAT \u2192 INF cyber disruption<\/li><li>ENE \u2192 INF fuel and power<\/li><\/ul><\/div><div><h3 class=\"nrp-h3\">Evidence to bind in 2027<\/h3><ul class=\"nrp-list\"><li>chokepoint position after March 2026<\/li><li>cyber incidents since 2022<\/li><\/ul><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">WHAT TO WATCH<\/p><p>Shipping through the main straits and canals; the November 2026 outlook for storm and heat events; transport incident reports.<\/p><\/aside><h3 class=\"nrp-h3\">Related editions<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">GLB Global Systems<\/li><li class=\"nf-ui-chip\">GS-02 Energy<\/li><li class=\"nf-ui-chip\">GS-03 Food and Agrifood Systems<\/li><li class=\"nf-ui-chip\">GS-04 Health and One Health<\/li><li class=\"nf-ui-chip\">GS-10 Cities and Urban Systems<\/li><li class=\"nf-ui-chip\">SR-03 Global Supply Chains, Trade and Chokepoints<\/li><\/ul><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>This chapter describes physical and operational couplings. It assesses no state, operator or company and makes no forecast of freight rates.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-c8-notes\" aria-labelledby=\"nx-nrp-gs-09-c8-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-c8-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-c8-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n32\"><span class=\"nrp-notes-n\">32<\/span><span>Autoridad del Canal de Panama (ed.), Panama Canal Authority, home page statistics (13,404 transits in 2025). Panama Canal Authority, Balboa. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r32\" aria-label=\"Back to the first call of note 32\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n30\"><span class=\"nrp-notes-n\">30<\/span><span>IPCC, <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 2022: Impacts, Adaptation and Vulnerability, Working Group II, Chapter 6: Cities, Settlements and Key Infrastructure (chapter PDF opened). Intergovernmental Panel on Climate Change, Geneva. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r30\" aria-label=\"Back to the first call of note 30\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n3\"><span class=\"nrp-notes-n\">3<\/span><span>UNCTAD (ed.), Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies, media alert UNCTAD\/PRESS\/MA\/2026\/003, Geneva, 10 March 2026. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r3\" aria-label=\"Back to the first call of note 3\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n12\"><span class=\"nrp-notes-n\">12<\/span><span>WHO (ed.), Road traffic injuries, fact sheet updated 20 July 2026 (about 1.16 million deaths a year; 92% in low- and middle-income countries; reference year not stated). World Health Organization, Geneva. Observation year not stated on the page. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r12\" aria-label=\"Back to the first call of note 12\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n19\"><span class=\"nrp-notes-n\">19<\/span><span>Thacker, S. et al., Infrastructure for sustainable development, Nature Sustainability 2, 324 to 331, 2019 (abstract opened). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r19\" aria-label=\"Back to the first call of note 19\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n31\"><span class=\"nrp-notes-n\">31<\/span><span>WMO (ed.), State of the Global Climate 2025, press release of 23 March 2026 (2025 about 1.43 \u00b0C above the 1850 to 1900 average). World Meteorological Organization, Geneva. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r31\" aria-label=\"Back to the first call of note 31\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n26\"><span class=\"nrp-notes-n\">26<\/span><span>IMO (ed.), Initial IMO GHG Strategy, hot topic page (notes that the 2023 strategy has been adopted). International Maritime Organization, London. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r26\" aria-label=\"Back to the first call of note 26\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n27\"><span class=\"nrp-notes-n\">27<\/span><span>DNV (ed.), Decision on the IMO Net-Zero Framework delayed for one year, news item of 2025 on the second extraordinary session of the Marine Environment Protection Committee. DNV, Oslo. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r27\" aria-label=\"Back to the first call of note 27\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n13\"><span class=\"nrp-notes-n\">13<\/span><span>IEA (ed.), Global Energy Review 2026 (PDF, opened from a copy of the published report hosted by a third party). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r13\" aria-label=\"Back to the first call of note 13\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-c8-n22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-c8-r22\" aria-label=\"Back to the first call of note 22\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-methodology\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-ca-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Annex A<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Methodology<\/h2><p class=\"nrp-lede\">How the edition was made: methods, the model card, the evidence cut and its age, the acceptance record and the glossary.<\/p><p class=\"nrp-chap-meta\"><span>14 min read<\/span><span>0 figures<\/span><span>13 tables<\/span><span>19 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s1\" aria-labelledby=\"nx-nrp-gs-09-ca-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s1-h\"><span class=\"nrp-num\">A.1<\/span><span>Methods<\/span><\/h2><p class=\"nrp-stand\">The global baseline uses published values and four simple derivations. Each is shown in full so that any reader can reproduce it.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.1<\/span><span class=\"nrp-tbl-t\">Methods<\/span><\/caption><thead><tr><th scope=\"col\">No.<\/th><th scope=\"col\">Derivation<\/th><th scope=\"col\">Calculation<\/th><th scope=\"col\">Result<\/th><\/tr><\/thead><tbody><tr><td>(1)<\/td><td>Growth of the average voyage haul, 2018 to 2024<\/td><td>5,245 \u00f7 4,831<\/td><td>about 1.09 times<\/td><\/tr><tr><td>(2)<\/td><td>Daily Hormuz transits after a 97% fall<\/td><td>129 \u00d7 (1 \u2212 0.97)<\/td><td>about 4 a day<\/td><\/tr><tr><td>(3)<\/td><td>Unfunded share of the 2040 need, 2017 outlook<\/td><td>18 \u00f7 97<\/td><td>about 18.6%<\/td><\/tr><tr><td>(4)<\/td><td>Transport share of official infrastructure flows, 2024<\/td><td>26.7 \u00f7 78.7<\/td><td>about 33.9%<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab2\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.2<\/span><span class=\"nrp-tbl-t\">Coupling strength scale (matrix and model card)<\/span><\/caption><thead><tr><th scope=\"col\">Strength<\/th><th scope=\"col\">Definition<\/th><\/tr><\/thead><tbody><tr><td>STRONG<\/td><td>a disruption in the source system has historically changed the target system\u2019s service or output within one season, in more than one region<\/td><\/tr><tr><td>MODERATE<\/td><td>an effect is documented but buffered or slower<\/td><\/tr><tr><td>WEAK<\/td><td>an effect is plausible but not documented at global scale<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab3\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.3<\/span><span class=\"nrp-tbl-t\">Status grammar<\/span><\/caption><thead><tr><th scope=\"col\">Label<\/th><th scope=\"col\">Rule<\/th><\/tr><\/thead><tbody><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td>value as issued by its source, with year<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Inferred<\/span><\/td><td>reasoned from cited evidence; never a measurement<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Estimated<\/span><\/td><td>Nexus analytical value with stated method<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Scenario<\/span><\/td><td>conditional on stated assumptions<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/td><td>structured editorial judgement awaiting evidence<\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s2\" aria-labelledby=\"nx-nrp-gs-09-ca-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s2-h\"><span class=\"nrp-num\">A.2<\/span><span>Model card, Infrastructure and Logistics Sector Model v0<\/span><\/h2><dl class=\"nrp-dl\"><dt>Model ID<\/dt><dd>MDL-GS09-INFRASTRUCTURE \u00b7 v0.1<\/dd><dt>Purpose<\/dt><dd>represent the global infrastructure, transport and logistics system and its couplings to water, energy, food, health and biodiversity<\/dd><dt>Family<\/dt><dd>graph-based system of <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a><\/dd><dt>Inputs<\/dt><dd>the cited sources of this edition; no proprietary data<\/dd><dt>Method<\/dt><dd>expert-specified coupling strengths (STRONG \u00b7 MODERATE \u00b7 WEAK) from assessments and analogue events<\/dd><dt>Validation<\/dt><dd>none yet, first validation against federation evidence in 2027<\/dd><dt>Uncertainty<\/dt><dd>qualitative; strengths are hypotheses, not measurements<\/dd><dt>Domain of validity<\/dt><dd>global scale; not for asset-, site- or country-level use<\/dd><dt>Reproducibility<\/dt><dd>strength table and sources published in this edition<\/dd><\/dl><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">20<\/span><span class=\"nrp-cell-u\">couplings<\/span><p>typed in v0<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">3<\/span><span class=\"nrp-cell-u\">strong<\/span><p>documented within one season<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">6<\/span><span class=\"nrp-cell-u\">moderate<\/span><p>documented, buffered<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">11<\/span><span class=\"nrp-cell-u\">weak<\/span><p>plausible, undocumented<\/p><\/div><\/div><div class=\"nrp-split\"><div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">SUITABLE FOR<\/p><p>framing the 2027 agenda; choosing which couplings and corridors to measure first; explaining the coupled reading of infrastructure and trade.<\/p><\/aside><\/div><div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">NOT SUITABLE FOR<\/p><p>quantitative loss estimates, country comparisons or rankings, operational decisions, or any claim about a specific asset.<\/p><\/aside><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">VERSIONING<\/p><p>Models are immutable by version. A change to any coupling, rule or weight produces v0.2 with its own card and correction note.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s3\" aria-labelledby=\"nx-nrp-gs-09-ca-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s3-h\"><span class=\"nrp-num\">A.3<\/span><span>The baseline evidence cut<\/span><\/h2><p class=\"nrp-stand\">Every Nexus edition is published from a frozen evidence cut. The global baseline cut is documentary: it pins the exact edition of every source cited. Federation cuts begin with the first national Foundry cuts in 2027.<\/p><dl class=\"nrp-dl\"><dt>Cut ID<\/dt><dd>DC-SECTOR-INFRASTRUCTURE-GLOBAL-2026-B0<\/dd><dt>Type<\/dt><dd>baseline documentary cut<\/dd><dt>Resolution policy<\/dt><dd>pinned \u00b7 as of 30 September 2026<\/dd><dt>Sources pinned<\/dt><dd>50 cited sources, each at the edition and access date in the references<\/dd><dt>Model runs<\/dt><dd>none at baseline, analytical values are stated with their method<\/dd><dt>Digest<\/dt><dd>computed at <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-h5\" data-tc=\"NHS-1 atmo.thermal.hard-freeze\" data-tk=\"Atmosphere and weather \u00b7 Thermal extremes\" data-td=\"Air temperature falling well below freezing for hours, killing crops, bursting pipes and stopping water flow.\" data-ts=\"NRS-H5\" data-tr=\"draft\" data-tx=\"https:\/\/risksindex.com\/hazards\/atmo\/\" data-txl=\"Atmosphere and weather\">freeze<\/a> and recorded in the publication record<\/dd><dt>Supersedes<\/dt><dd>nothing, first cut of the series<\/dd><dt>Superseded by<\/dt><dd>the 2027 infrastructure and logistics annual cut<\/dd><\/dl><h3 class=\"nrp-h3\">Lineage<\/h3><ol class=\"nrp-rows\"><li><span class=\"nrp-rows-i\">01<\/span><p class=\"nrp-rows-x\">source edition<\/p><\/li><li><span class=\"nrp-rows-i\">02<\/span><p class=\"nrp-rows-x\">pinned citation<\/p><\/li><li><span class=\"nrp-rows-i\">03<\/span><p class=\"nrp-rows-x\">finding<\/p><\/li><li><span class=\"nrp-rows-i\">04<\/span><p class=\"nrp-rows-x\">page<\/p><\/li><li><span class=\"nrp-rows-i\">05<\/span><p class=\"nrp-rows-x\">publication record<\/p><\/li><\/ol><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab4\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.4<\/span><span class=\"nrp-tbl-t\">From the baseline cut to the federation cut<\/span><\/caption><thead><tr><th scope=\"col\">Element<\/th><th scope=\"col\">Baseline 2026<\/th><th scope=\"col\">2027 global annual<\/th><\/tr><\/thead><tbody><tr><td>Sources<\/td><td>cited global publications, pinned by edition<\/td><td>national, regional and sector cuts through one graph<\/td><\/tr><tr><td>Analysis<\/td><td>stated methods and editorial estimates<\/td><td>typed analysis specifications<\/td><\/tr><tr><td>Models<\/td><td>Infrastructure and Logistics Sector Model v0 specification<\/td><td>model runs with receipts<\/td><\/tr><tr><td>Findings<\/td><td>twelve baseline findings<\/td><td>findings re-bound to federation evidence<\/td><\/tr><tr><td>Review<\/td><td>five passes scheduled<\/td><td>five passes on the exact digest<\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s4\" aria-labelledby=\"nx-nrp-gs-09-ca-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s4-h\"><span class=\"nrp-num\">A.4<\/span><span>Evidence age and coverage<\/span><\/h2><p class=\"nrp-stand\">A 2026 global edition rests on evidence observed in many different years. This page shows each time base, so that no single year label hides older evidence.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab5\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.5<\/span><span class=\"nrp-tbl-t\">Evidence age and coverage<\/span><\/caption><thead><tr><th scope=\"col\">Indicator<\/th><th scope=\"col\">Observed<\/th><th scope=\"col\">Released<\/th><th scope=\"col\">Cadence<\/th><th scope=\"col\">Next release<\/th><\/tr><\/thead><tbody><tr><td>Seaborne trade volume and ton-miles<\/td><td>2024<\/td><td>Review of 2025<\/td><td>annual<\/td><td>Review of Maritime Transport 2026<\/td><\/tr><tr><td>Hormuz transits<\/td><td>2026<\/td><td>March 2026<\/td><td>ad hoc<\/td><td>UNCTAD tracking<\/td><\/tr><tr><td>Container port traffic<\/td><td>2024<\/td><td>WDI update of 8 October 2026<\/td><td>annual<\/td><td>next WDI update<\/td><\/tr><tr><td>Air passengers on the World Bank series<\/td><td>2023<\/td><td>WDI update of 8 October 2026<\/td><td>annual<\/td><td>next WDI update<\/td><\/tr><tr><td>Road traffic deaths<\/td><td>2021<\/td><td>Dec 2023; fact sheet Jul 2026<\/td><td>periodic<\/td><td>next WHO report<\/td><\/tr><tr><td>Internet use<\/td><td>2026<\/td><td>Facts and Figures 2026<\/td><td>annual<\/td><td>Facts and Figures 2027<\/td><\/tr><tr><td>Official flows for infrastructure<\/td><td>2024<\/td><td>Apr 2026 inputs<\/td><td>annual<\/td><td>next SDG report<\/td><\/tr><tr><td>Disruption cost to households and firms<\/td><td>2019<\/td><td>2019<\/td><td>one-off<\/td><td>no update found<\/td><\/tr><tr><td>Global investment need<\/td><td>2017<\/td><td>2017<\/td><td>one-off<\/td><td>no update found<\/td><\/tr><tr><td>Transport cyber incidents<\/td><td>2021 to 2022<\/td><td>Mar 2023<\/td><td>periodic<\/td><td>ENISA Threat Landscape 2026<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab6\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.6<\/span><span class=\"nrp-tbl-t\">Coverage by system at baseline<\/span><\/caption><thead><tr><th scope=\"col\">System<\/th><th scope=\"col\">Coverage<\/th><th scope=\"col\">Thinnest dimension<\/th><\/tr><\/thead><tbody><tr><td>Trade and ports<\/td><td>GOOD<\/td><td>port waiting times and recovery<\/td><\/tr><tr><td>Chokepoints<\/td><td>PARTIAL<\/td><td>position after March 2026<\/td><\/tr><tr><td>Hazard exposure<\/td><td>GOOD<\/td><td>asset condition and maintenance<\/td><\/tr><tr><td>Road safety<\/td><td>GOOD<\/td><td>reference year of the latest estimate<\/td><\/tr><tr><td>Connectivity<\/td><td>GOOD<\/td><td>service quality and affordability<\/td><\/tr><tr><td>Investment<\/td><td>PARTIAL<\/td><td>a current global need estimate<\/td><\/tr><tr><td>Rail and rural access<\/td><td>THIN<\/td><td>global volume and access series<\/td><\/tr><tr><td>Resilience<\/td><td>PARTIAL<\/td><td>tested capabilities beyond rerouting<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab7\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.7<\/span><span class=\"nrp-tbl-t\">Designed empty states: what is not bound, what would fill it and why<\/span><\/caption><thead><tr><th scope=\"col\">Field<\/th><th scope=\"col\">Source that would fill it<\/th><th scope=\"col\">Blocker<\/th><\/tr><\/thead><tbody><tr><td>Chokepoint transits at Hormuz, Suez, Bab el-Mandeb and Panama after March 2026, on a daily series<\/td><td>IMF PortWatch daily series<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n33\" id=\"nx-nrp-gs-09-ca-r33\" aria-label=\"Note 33\">33<\/a><\/sup>; UNCTAD tracking<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n44\" id=\"nx-nrp-gs-09-ca-r44\" aria-label=\"Note 44\">44<\/a><\/sup><\/td><td>the PortWatch daily service returned an access error and the UNCTAD tracking was not opened<\/td><\/tr><tr><td>Position of the Strait of Hormuz and shipping at the evidence close<\/td><td>UNCTAD tracking<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n44\" aria-label=\"Note 44\">44<\/a><\/sup>; monthly shipping reports<\/td><td>releases after March 2026 were not retrieved; only search summaries were read<\/td><\/tr><tr><td>Review of Maritime Transport 2026<\/td><td>UNCTAD<\/td><td>the publication page returned not found on 2026-11-03; not yet issued or moved<\/td><\/tr><tr><td>Share of the rural population within 2 km of an all-season road (SDG 9.1.1)<\/td><td>World Bank Rural Access Index<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n50\" id=\"nx-nrp-gs-09-ca-r50\" aria-label=\"Note 50\">50<\/a><\/sup><\/td><td>the custodian storyline in the SDG Extended Report is empty; not retrieved<\/td><\/tr><tr><td>Global rail passenger and freight volumes<\/td><td>World Bank WDI rail series<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n7\" id=\"nx-nrp-gs-09-ca-r7\" aria-label=\"Note 7\">7<\/a><\/sup>; ITF<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n34\" id=\"nx-nrp-gs-09-ca-r34\" aria-label=\"Note 34\">34<\/a><\/sup><\/td><td>the World Bank rail series returned no values for 2018 to 2023 and the ITF page was not accessible<\/td><\/tr><tr><td>Air passengers for 2024 and 2025 on the airline basis<\/td><td>ICAO air transport statistics<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n35\" id=\"nx-nrp-gs-09-ca-r35\" aria-label=\"Note 35\">35<\/a><\/sup><\/td><td>the ICAO site was not accessible and the World Bank series ends in 2023<\/td><\/tr><tr><td>Reference year of the WHO estimate of 1.16 million road deaths<\/td><td>WHO fact sheet<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n12\" id=\"nx-nrp-gs-09-ca-r12\" aria-label=\"Note 12\">12<\/a><\/sup>; next WHO status report<\/td><td>the fact sheet states no reference year; the 1.19 million figure for 2021 is used<\/td><\/tr><tr><td>Condition and maintenance backlog of roads, bridges and ports outside the United States<\/td><td>national transport ministries; OECD and ITF<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n34\" aria-label=\"Note 34\">34<\/a><\/sup><\/td><td>no consolidated global series found; the ASCE grade covers the United States only<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n20\" id=\"nx-nrp-gs-09-ca-r20\" aria-label=\"Note 20\">20<\/a><\/sup><\/td><\/tr><tr><td>Current global infrastructure investment need and gap<\/td><td>Global Infrastructure Hub; World Bank<\/td><td>the 2017 outlook is the latest estimate found<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n21\" id=\"nx-nrp-gs-09-ca-r21\" aria-label=\"Note 21\">21<\/a><\/sup>; later updates were not retrieved<\/td><\/tr><tr><td>Logistics performance values by economy<\/td><td>World Bank Logistics Performance Index<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n37\" id=\"nx-nrp-gs-09-ca-r37\" aria-label=\"Note 37\">37<\/a><\/sup><\/td><td>the site was not accessible; no value is used and no economy is placed in an order<\/td><\/tr><tr><td>Cyber incidents on transport operations since 2022<\/td><td>ENISA Threat Landscape 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n45\" id=\"nx-nrp-gs-09-ca-r45\" aria-label=\"Note 45\">45<\/a><\/sup><\/td><td>only the publication listing was read; the 2021 to 2022 report is used<\/td><\/tr><tr><td>Heat, flood and storm disruption of transport networks in 2026<\/td><td>operator reports; weather services<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n31\" id=\"nx-nrp-gs-09-ca-r31\" aria-label=\"Note 31\">31<\/a><\/sup><\/td><td>not retrieved<\/td><\/tr><tr><td>Disaster losses to infrastructure on one basis<\/td><td>UNDRR Global Assessment Report 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n36\" id=\"nx-nrp-gs-09-ca-r36\" aria-label=\"Note 36\">36<\/a><\/sup><\/td><td>the report page was not accessible; figures in search summaries are not used<\/td><\/tr><tr><td>Net-Zero Framework outcome after the October 2026 IMO session<\/td><td>IMO press releases<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n40\" id=\"nx-nrp-gs-09-ca-r40\" aria-label=\"Note 40\">40<\/a><\/sup><\/td><td>the session took place after the retrieved material; not retrieved<\/td><\/tr><tr><td>Transport entities designated as critical in the EU<\/td><td>national authorities; Directive (EU) 2022\/2557<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n39\" id=\"nx-nrp-gs-09-ca-r39\" aria-label=\"Note 39\">39<\/a><\/sup><\/td><td>the legal text was not accessible and no designation list was found<\/td><\/tr><tr><td>Transport greenhouse gas emissions on one basis<\/td><td>ITF<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n34\" aria-label=\"Note 34\">34<\/a><\/sup>; IEA<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n38\" id=\"nx-nrp-gs-09-ca-r38\" aria-label=\"Note 38\">38<\/a><\/sup><\/td><td>not retrieved; no figure is used<\/td><\/tr><tr><td>Seafarer, driver and port workforce supply<\/td><td>ILO; IMO; national statistics<\/td><td>not reviewed<\/td><\/tr><tr><td>Capability rungs beyond rerouting and advisories<\/td><td>operators, regulators, ministries<\/td><td>not reviewed<\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s5\" aria-labelledby=\"nx-nrp-gs-09-ca-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s5-h\"><span class=\"nrp-num\">A.5<\/span><span>Evidence cards, two anchor sources<\/span><\/h2><div class=\"nrp-cards\"><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">Issued by UN Trade and Development from shipping market data and port reports. Annual. Role: binds TRD-001 and TRD-003. UNCTAD also issued a separate rapid analysis for 2026 [2].<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">EVD-GS09-001<\/h3><p>UNCTAD Review of Maritime Transport 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n1\" id=\"nx-nrp-gs-09-ca-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">Issued by UN Trade and Development on 10 March 2026 from commercial shipping, energy and fertiliser data. One-off. Role: binds TRD-002. A later UNCTAD note gives about 95% for the fall in transits [4].<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">EVD-GS09-002<\/h3><p>UNCTAD Strait of Hormuz Disruptions<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n2\" id=\"nx-nrp-gs-09-ca-r2\" aria-label=\"Note 2\">2<\/a><\/sup><\/p><\/article><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab8\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.8<\/span><span class=\"nrp-tbl-t\">Quality dimensions at baseline<\/span><\/caption><thead><tr><th scope=\"col\">Dimension<\/th><th scope=\"col\">EVD-GS09-001<\/th><th scope=\"col\">EVD-GS09-002<\/th><\/tr><\/thead><tbody><tr><td>Completeness<\/td><td>global fleet, trade and ports; modelled where data are missing<\/td><td>a single strait for a few weeks<\/td><\/tr><tr><td>Timeliness<\/td><td>about 5 months after the year<\/td><td>issued within weeks of the event<\/td><\/tr><tr><td>Revision<\/td><td>annual edition<\/td><td>later notes give about 95%<\/td><\/tr><tr><td>Method transparency<\/td><td>data sources named<\/td><td>data sources named on each chart<\/td><\/tr><tr><td>External validation<\/td><td>compared with commercial series<\/td><td>based on a commercial intelligence provider<\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">Evidence cards to follow in 2027<\/h3><ul class=\"nrp-list\"><li>UNCTAD<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n1\" aria-label=\"Note 1\">1<\/a><\/sup>: port waiting times and call data<\/li><li>UNCTAD<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n44\" aria-label=\"Note 44\">44<\/a><\/sup>: tracking series for 2026<\/li><li>World Bank<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n7\" aria-label=\"Note 7\">7<\/a><\/sup>: air and rail series after 2023<\/li><li>ENISA<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n45\" aria-label=\"Note 45\">45<\/a><\/sup>: transport incidents since 2022<\/li><\/ul><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s6\" aria-labelledby=\"nx-nrp-gs-09-ca-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s6-h\"><span class=\"nrp-num\">A.6<\/span><span>Publication acceptance record<\/span><\/h2><p class=\"nrp-stand\">Editorial self-check at evidence close. Every applicable item carries a disposition; the remaining items are review, approval and deposit.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab9\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.9<\/span><span class=\"nrp-tbl-t\">Publication acceptance record<\/span><\/caption><thead><tr><th scope=\"col\">Group<\/th><th scope=\"col\">Area<\/th><th scope=\"col\">Items<\/th><th scope=\"col\">Pass<\/th><th scope=\"col\">N\/A<\/th><th scope=\"col\">Pending<\/th><\/tr><\/thead><tbody><tr><td>D1<\/td><td>Identity and scope<\/td><td>8<\/td><td>8<\/td><td>0<\/td><td>0<\/td><\/tr><tr><td>D2<\/td><td>Source and data<\/td><td>12<\/td><td>9<\/td><td>1<\/td><td>2<\/td><\/tr><tr><td>D3<\/td><td>Analysis and models<\/td><td>12<\/td><td>3<\/td><td>8<\/td><td>1<\/td><\/tr><tr><td>D4<\/td><td>Findings and claims<\/td><td>9<\/td><td>8<\/td><td>0<\/td><td>1<\/td><\/tr><tr><td>D5<\/td><td>Figures, tables, maps<\/td><td>10<\/td><td>6<\/td><td>2<\/td><td>2<\/td><\/tr><tr><td>D6<\/td><td>Editorial and citations<\/td><td>10<\/td><td>8<\/td><td>0<\/td><td>2<\/td><\/tr><tr><td>D7<\/td><td>Review and approval<\/td><td>13<\/td><td>0<\/td><td>0<\/td><td>13<\/td><\/tr><tr><td>D8<\/td><td>Artefact and design<\/td><td>12<\/td><td>7<\/td><td>0<\/td><td>5<\/td><\/tr><tr><td>D9<\/td><td>Registry and release<\/td><td>9<\/td><td>0<\/td><td>0<\/td><td>9<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Publication gate<\/h3><dl class=\"nrp-dl\"><dt>Conditions met<\/dt><dd>14 of 23 at evidence close<\/dd><dt>Blocking problems<\/dt><dd>none recorded<\/dd><dt>Open conditions<\/dt><dd>reviews, approval of the exact digest, deposit, registry pointer<\/dd><\/dl><\/div><div><h3 class=\"nrp-h3\">Not applicable at baseline<\/h3><dl class=\"nrp-dl\"><dt>Model runs<\/dt><dd>first runs in Q1 2027<\/dd><dt>Maps<\/dt><dd>plates in Q2 2027<\/dd><dt>Waivers<\/dt><dd>none<\/dd><\/dl><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">evidence<\/p><p>Dispositions are recorded item by item in the machine-readable checklist. A FAIL on any item blocks release.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s7\" aria-labelledby=\"nx-nrp-gs-09-ca-s7-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s7-h\"><span class=\"nrp-num\">A.7<\/span><span>Status words<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab10\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.10<\/span><span class=\"nrp-tbl-t\">The status every value carries<\/span><\/caption><thead><tr><th scope=\"col\">Status<\/th><th scope=\"col\">What it means<\/th><\/tr><\/thead><tbody><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"positive\" aria-hidden=\"true\"><\/span>Observed<\/span><\/td><td>Measured directly and published by the source.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td>Published statistics of an official or institutional source.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Declared<\/span><\/td><td>Stated by the body concerned; not independently measured.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Estimated<\/span><\/td><td>A Nexus estimate from cited evidence, with its method in Annex A.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Modelled<\/span><\/td><td>Produced by a stated model from cited inputs.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Inferred<\/span><\/td><td>Reasoned from cited evidence; not measured.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Forecast<\/span><\/td><td>A projection by the cited source.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Simulated<\/span><\/td><td>A simulation result under stated assumptions.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Scenario<\/span><\/td><td>A conditional statement under stated assumptions; never a prediction.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/td><td>Expert judgement, recorded with its basis.<\/td><\/tr><tr><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Candidate<\/span><\/td><td>Proposed for a later edition; not yet evidence.<\/td><\/tr><\/tbody><tfoot><tr><td colspan=\"2\">Evidence-quality levels (EQL 1 to 5) grade the source behind a value; they are not a score of the subject.<\/td><\/tr><\/tfoot><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s8\" aria-labelledby=\"nx-nrp-gs-09-ca-s8-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s8-h\"><span class=\"nrp-num\">A.8<\/span><span>How the edition is made, released and corrected<\/span><\/h2><p class=\"nx-p\">Every edition is built from a sealed evidence cut, reviewed under three keys, signed and deposited before any site shows it as published; corrections go to <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/\" data-tc=\"Nexus Standards\" data-tk=\"Nexus Standards\" data-td=\"The foundation standards\">Nexus Standards<\/a> as change proposals and feed the next cut.<\/p><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Step<\/th><th scope=\"col\">What happens<\/th><th scope=\"col\">Source<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Step\">01 Evidence arrives from the pillars<\/td><td data-label=\"What happens\">Foundry seals observations and indicator series, Universe hands over after-action and scenario findings, and contributions are screened at every gateway, including this site&#8217;s.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">02 The cut is sealed<\/td><td data-label=\"What happens\">On the cut date the evidence is pinned under one identifier, so anyone can rebuild the edition from exactly what it was built on.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">03 The edition is assembled<\/td><td data-label=\"What happens\">The edition is drafted from its template and content pack. Agents may draft; they never publish and never decide.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">04 The keys turn<\/td><td data-label=\"What happens\">At the publisher of record the truth key comes first: every value is checked against its source or stated method before the meaning and capital keys turn. No edition moves on until every key has been turned by a named steward.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">05 The gate opens<\/td><td data-label=\"What happens\">A named approver releases one exact digest of the edition; any change after this point is a new version, never a silent edit.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">06 Signed and deposited<\/td><td data-label=\"What happens\">The PDF, the web edition and the data bundle are signed together with a manifest and an RO-Crate description, and deposited on Zenodo with a concept and a version DOI.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">07 Published on its desk&#8217;s site<\/td><td data-label=\"What happens\">Only then does the edition show as published on its desk&#8217;s Reports site, and the Collection lists it as a part.<\/td><td data-label=\"Source\"><\/td><\/tr><tr><td data-label=\"Step\">08 Corrections go to Standards<\/td><td data-label=\"What happens\">Method and correction findings go to Nexus Standards as change proposals; citations, corrections and new contributions feed the next evidence cut.<\/td><td data-label=\"Source\"><\/td><\/tr><\/tbody><\/table><\/div><p class=\"nx-note nx-mt-2\">A teaching model of the process, not a forecast and not a record of any run; dates and counts on this page come from the programme record. Sources: <a class=\"nx-link\" href=\"https:\/\/therisk.global\/nexus-reports\/governance\/\" rel=\"noopener\">Reports governance at GCRI Canada<\/a> (2026); Zenodo, repository of record for Reports deposits (2026).<\/p><p class=\"nrp-note\">Lifecycle, one state at a time: Draft, Computed, Evidence bound, Reviewed, Approved for release, Published, Corrected, Superseded. This edition is a draft.<\/p><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s9\" aria-labelledby=\"nx-nrp-gs-09-ca-s9-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s9-h\"><span class=\"nrp-num\">A.9<\/span><span>Glossary and abbreviations<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab11\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.11<\/span><span class=\"nrp-tbl-t\">Series terms<\/span><\/caption><thead><tr><th scope=\"col\">Term<\/th><th scope=\"col\">Meaning<\/th><\/tr><\/thead><tbody><tr><td>Baseline Edition<\/td><td>the inaugural annual edition that fixes the reference state for the series<\/td><\/tr><tr><td>WEFH+B<\/td><td>infrastructure and logistics, energy, food, health and biodiversity, the <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/governance-in-operation\/national-nexus\" data-tc=\"National Nexus\" data-tk=\"Nexus Standards\" data-td=\"The national model: the NNC, the NLC and the NWG as its three participation pillars, with the National Desk, Model and Portfolio and the NSC as the standards function of the NNC (OR-13)\">national nexus<\/a> core<\/td><\/tr><tr><td>Coupling<\/td><td>a typed dependency through which one system transmits to another<\/td><\/tr><tr><td><a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 protection-gap\" data-tk=\"Nexus risk vocabulary\" data-td=\"The difference between total economic losses from hazards and the share covered by insurance or other pre-arranged protection, leaving households, firms and governments to absorb the rest.\" data-ts=\"NRS-C1\" data-tr=\"draft\" data-tg=\"https:\/\/globalriskalliance.com\/glossary\/protection-gap\/\" data-tgl=\"Global Risks Alliance glossary\">Protection gap<\/a><\/td><td>the share of losses not covered by insurance<\/td><\/tr><tr><td>Capability ladder<\/td><td>LISTED \u2192 EXISTS \u2192 ADEQUATE \u2192 TESTED \u2192 DEMONSTRATED<\/td><\/tr><tr><td>EQL<\/td><td>evidence-quality level, 1\u20135<\/td><\/tr><tr><td>Evidence cut<\/td><td>a frozen resolution of exact sources and versions<\/td><\/tr><tr><td>NNC \u00b7 NLC \u00b7 NWG<\/td><td>National Nexus Consortium \u00b7 National Leadership Council \u00b7 National Working Groups<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab12\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.12<\/span><span class=\"nrp-tbl-t\">Abbreviations used in this edition<\/span><\/caption><thead><tr><th scope=\"col\">Abbreviation<\/th><th scope=\"col\">Expansion<\/th><\/tr><\/thead><tbody><tr><td>ACI<\/td><td>Airports Council International<\/td><\/tr><tr><td>ASCE<\/td><td>American Society of Civil Engineers<\/td><\/tr><tr><td>ENISA<\/td><td>European Union Agency for Cybersecurity<\/td><\/tr><tr><td>IATA<\/td><td>International Air Transport Association<\/td><\/tr><tr><td>ICAO<\/td><td>International Civil Aviation Organization<\/td><\/tr><tr><td>IMO<\/td><td>International Maritime Organization<\/td><\/tr><tr><td>ITF<\/td><td>International Transport Forum<\/td><\/tr><tr><td>ITU<\/td><td>International Telecommunication Union<\/td><\/tr><tr><td>NTSB<\/td><td>National Transportation Safety Board<\/td><\/tr><tr><td>SCFI<\/td><td>Shanghai Containerized Freight Index<\/td><\/tr><tr><td>TEN-T<\/td><td>trans-European transport network<\/td><\/tr><tr><td>TEU<\/td><td>twenty-foot equivalent unit<\/td><\/tr><\/tbody><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-s10\" aria-labelledby=\"nx-nrp-gs-09-ca-s10-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-s10-h\"><span class=\"nrp-num\">A.10<\/span><span>Technical annex<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-ca-tab13\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table A.13<\/span><span class=\"nrp-tbl-t\">Technical annex<\/span><\/caption><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\">Annex<\/th><th scope=\"col\">Contents<\/th><th scope=\"col\">Status<\/th><\/tr><\/thead><tbody><tr><td>A.1<\/td><td>Indicator definitions<\/td><td>the global indicator set, with units and sources<\/td><td>IN THIS EDITION<\/td><\/tr><tr><td>A.2<\/td><td>Coupling strengths<\/td><td>the twenty-cell matrix and its rationale<\/td><td>IN THIS EDITION<\/td><\/tr><tr><td>A.3<\/td><td>Scenario specification<\/td><td>SCN-GS09-HRM-01 assumptions and signposts<\/td><td>IN THIS EDITION<\/td><\/tr><tr><td>A.4<\/td><td>Capability placements<\/td><td>rung evidence for fifteen functions<\/td><td>IN THIS EDITION<\/td><\/tr><tr><td>A.5<\/td><td>Model diagnostics<\/td><td>first runs and validation<\/td><td>2027<\/td><\/tr><tr><td>A.6<\/td><td>Sensitivity analyses<\/td><td>influence of coupling strengths<\/td><td>2027<\/td><\/tr><tr><td>A.7<\/td><td>Corridor and port notes<\/td><td>cards for the major shared chokepoints and corridors<\/td><td>WITH REGIONAL EDITIONS<\/td><\/tr><tr><td>A.8<\/td><td>Review statements<\/td><td>pass-by-pass review record<\/td><td>AT RELEASE<\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">A.1 \u00b7 indicator definition: daily ship transits through a chokepoint<\/h3><dl class=\"nrp-dl\"><dt>Construct<\/dt><dd>number of ship transits counted in a day through a strait or canal<\/dd><dt>Unit<\/dt><dd>ships a day<\/dd><dt>Method<\/dt><dd>vessel position data from a commercial shipping intelligence provider, compiled by UNCTAD<\/dd><dt>Source<\/dt><dd>UNCTAD, Strait of Hormuz Disruptions, March 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/dd><dt>Uncertainty<\/dt><dd>vessel classes and thresholds as defined by the provider; a later UNCTAD note gives a fall of about 95%<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-ca-n4\" id=\"nx-nrp-gs-09-ca-r4\" aria-label=\"Note 4\">4<\/a><\/sup><\/dd><dt>Known limits<\/dt><dd>counts ships, not tonnage or cargo value; the 2026 series after March is not bound here<\/dd><\/dl><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">evidence<\/p><p>Annexes carry the same evidence, review and correction rules as the chapters and are versioned with the edition.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-ca-notes\" aria-labelledby=\"nx-nrp-gs-09-ca-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-ca-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-ca-n33\"><span class=\"nrp-notes-n\">33<\/span><span>UNVERIFIED, not opened: IMF (ed.), PortWatch daily chokepoint transit series; the daily service returned an access error and only a static chokepoint list was read, from which no figure is used. International Monetary Fund, Washington. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r33\" aria-label=\"Back to the first call of note 33\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n44\"><span class=\"nrp-notes-n\">44<\/span><span>UNVERIFIED, not opened: UNCTAD (ed.), Strait of Hormuz tracking dashboard, launched April 2026; known only from search summaries. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r44\" aria-label=\"Back to the first call of note 44\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n50\"><span class=\"nrp-notes-n\">50<\/span><span>UNVERIFIED, not opened: World Bank (ed.), Rural Access Index, SDG indicator 9.1.1; the custodian storyline in the SDG Extended Report is empty and the index was not retrieved. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r50\" aria-label=\"Back to the first call of note 50\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n7\"><span class=\"nrp-notes-n\">7<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, air transport passengers carried and freight (series IS.AIR.PSGR and IS.AIR.GOOD.MT.K1, ICAO source) and rail series (no values returned), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r7\" aria-label=\"Back to the first call of note 7\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n34\"><span class=\"nrp-notes-n\">34<\/span><span>UNVERIFIED, not opened: ITF (ed.), ITF Transport Outlook 2023. International Transport Forum at the OECD, Paris; the page returned an access error and no figure is used. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r34\" aria-label=\"Back to the first call of note 34\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n35\"><span class=\"nrp-notes-n\">35<\/span><span>UNVERIFIED, not opened: ICAO (ed.), Air transport statistics and The World of Air Transport; the site returned an access error and no figure from it is used. International Civil Aviation Organization, Montreal. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r35\" aria-label=\"Back to the first call of note 35\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n12\"><span class=\"nrp-notes-n\">12<\/span><span>WHO (ed.), Road traffic injuries, fact sheet updated 20 July 2026 (about 1.16 million deaths a year; 92% in low- and middle-income countries; reference year not stated). World Health Organization, Geneva. Observation year not stated on the page. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r12\" aria-label=\"Back to the first call of note 12\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n20\"><span class=\"nrp-notes-n\">20<\/span><span>ASCE (ed.), 2025 Report Card for America\u2019s Infrastructure (summary page: overall grade C, grades from B in ports to D in stormwater and transit, USD 3.6 trillion investment gap over ten years). American Society of Civil Engineers, Reston. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r20\" aria-label=\"Back to the first call of note 20\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n37\"><span class=\"nrp-notes-n\">37<\/span><span>UNVERIFIED, not opened: World Bank (ed.), Connecting to Compete 2023: Trade Logistics in the Global Economy, the Logistics Performance Index; the site was not accessible and no value is used. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r37\" aria-label=\"Back to the first call of note 37\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n45\"><span class=\"nrp-notes-n\">45<\/span><span>UNVERIFIED, not opened: ENISA (ed.), ENISA Threat Landscape 2026, published 22 September 2026; only the listing entry was read. European Union Agency for Cybersecurity, Athens. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r45\" aria-label=\"Back to the first call of note 45\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n31\"><span class=\"nrp-notes-n\">31<\/span><span>WMO (ed.), State of the Global Climate 2025, press release of 23 March 2026 (2025 about 1.43 \u00b0C above the 1850 to 1900 average). World Meteorological Organization, Geneva. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r31\" aria-label=\"Back to the first call of note 31\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n36\"><span class=\"nrp-notes-n\">36<\/span><span>UNVERIFIED, not opened: UNDRR (ed.), Global Assessment Report on Disaster <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-reduction\" data-tk=\"Nexus risk vocabulary\" data-td=\"Preventing new risk, reducing existing risk and managing residual risk, all contributing to resilience.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Risk Reduction<\/a> 2025, Resilience Pays: Financing and Investing for our Future; the page was not accessible and no figure from search summaries is used. UN Office for Disaster Risk Reduction, Geneva. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r36\" aria-label=\"Back to the first call of note 36\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n40\"><span class=\"nrp-notes-n\">40<\/span><span>UNVERIFIED, not opened: POST-CLOSE, context only: IMO (ed.), Marine Environment Protection Committee, extraordinary session of October 2025 and the session of October 2026 on the Net-Zero Framework; only the DNV summary [27] was opened. International Maritime Organization, London. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r40\" aria-label=\"Back to the first call of note 40\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n39\"><span class=\"nrp-notes-n\">39<\/span><span>UNVERIFIED, not opened: Directive (EU) 2022\/2557 of the European Parliament and of the Council on the resilience of critical entities, Official Journal of the European Union, 2022; the legal text returned a challenge page and the transport scope is cited from a search summary. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r39\" aria-label=\"Back to the first call of note 39\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n38\"><span class=\"nrp-notes-n\">38<\/span><span>UNVERIFIED, not opened: IEA (ed.), Global EV Outlook 2026; the page was not accessible and figures from news summaries are not used. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r38\" aria-label=\"Back to the first call of note 38\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-ca-n4\"><span class=\"nrp-notes-n\">4<\/span><span>UNCTAD (ed.), Hormuz disruption shows why early-warning data matters, news item (about 95% fall in ship transits; tracking tool described). UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-ca-r4\" aria-label=\"Back to the first call of note 4\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-data\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-cb-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Annex B<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">Data appendix<\/h2><p class=\"nrp-lede\">The indicator set with its sources, the source registers, the licences of every kind of material and the formats of the edition.<\/p><p class=\"nrp-chap-meta\"><span>11 min read<\/span><span>0 figures<\/span><span>8 tables<\/span><span>26 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s1\" aria-labelledby=\"nx-nrp-gs-09-cb-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s1-h\"><span class=\"nrp-num\">B.1<\/span><span>The indicator set<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.1<\/span><span class=\"nrp-tbl-t\">Global baseline indicator set<\/span><\/caption><thead><tr><th scope=\"col\">Indicator<\/th><th scope=\"col\">Value<\/th><th scope=\"col\">Unit<\/th><th scope=\"col\">Year<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Source<\/th><\/tr><\/thead><tbody><tr><td>Seaborne trade volume<\/td><td><span class=\"nrp-mono\">12,720<\/span><\/td><td>million tons<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n1\" id=\"nx-nrp-gs-09-cb-r1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><\/tr><tr><td>Seaborne trade, SDG indicator basis<\/td><td><span class=\"nrp-mono\">24.1<\/span><\/td><td>billion metric tons<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n5\" id=\"nx-nrp-gs-09-cb-r5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><\/tr><tr><td>Growth in seaborne trade ton-miles<\/td><td><span class=\"nrp-mono\">5.9<\/span><\/td><td>%<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><\/tr><tr><td>Average voyage haul<\/td><td><span class=\"nrp-mono\">5,245<\/span><\/td><td>miles<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><\/tr><tr><td>Container port traffic<\/td><td><span class=\"nrp-mono\">913<\/span><\/td><td>million TEU<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n6\" id=\"nx-nrp-gs-09-cb-r6\" aria-label=\"Note 6\">6<\/a><\/sup><\/td><\/tr><tr><td>Container port traffic<\/td><td><span class=\"nrp-mono\">854<\/span><\/td><td>million TEU<\/td><td>2023<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n6\" aria-label=\"Note 6\">6<\/a><\/sup><\/td><\/tr><tr><td>Daily Hormuz transits, February average<\/td><td><span class=\"nrp-mono\">129<\/span><\/td><td>ships a day<\/td><td>2026<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n2\" id=\"nx-nrp-gs-09-cb-r2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><\/tr><tr><td>Fall in daily Hormuz transits, early March<\/td><td><span class=\"nrp-mono\">97<\/span><\/td><td>%<\/td><td>2026<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><\/tr><tr><td>Panama Canal transits<\/td><td><span class=\"nrp-mono\">13,404<\/span><\/td><td>transits<\/td><td>2025<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n32\" id=\"nx-nrp-gs-09-cb-r32\" aria-label=\"Note 32\">32<\/a><\/sup><\/td><\/tr><tr><td>Air passengers carried, airline basis<\/td><td><span class=\"nrp-mono\">4.27<\/span><\/td><td>billion<\/td><td>2023<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n7\" id=\"nx-nrp-gs-09-cb-r7\" aria-label=\"Note 7\">7<\/a><\/sup><\/td><\/tr><tr><td>Airport passengers, ACI World<\/td><td><span class=\"nrp-mono\">9.4<\/span><\/td><td>billion<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n28\" id=\"nx-nrp-gs-09-cb-r28\" aria-label=\"Note 28\">28<\/a><\/sup><\/td><\/tr><tr><td>Airline passengers expected, IATA<\/td><td><span class=\"nrp-mono\">5.2<\/span><\/td><td>billion<\/td><td>2026<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"caution\" aria-hidden=\"true\"><\/span>Scenario<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n29\" id=\"nx-nrp-gs-09-cb-r29\" aria-label=\"Note 29\">29<\/a><\/sup><\/td><\/tr><tr><td>Disruption cost in low- and middle-income countries<\/td><td><span class=\"nrp-mono\">391 to 647<\/span><\/td><td>USD billion a year<\/td><td>2019<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n14\" id=\"nx-nrp-gs-09-cb-r14\" aria-label=\"Note 14\">14<\/a><\/sup><\/td><\/tr><tr><td>Road and rail assets exposed to a hazard<\/td><td><span class=\"nrp-mono\">27<\/span><\/td><td>%<\/td><td>2019<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n15\" id=\"nx-nrp-gs-09-cb-r15\" aria-label=\"Note 15\">15<\/a><\/sup><\/td><\/tr><tr><td>Ports exposed to more than three hazards<\/td><td><span class=\"nrp-mono\">86<\/span><\/td><td>%<\/td><td>2023<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n17\" id=\"nx-nrp-gs-09-cb-r17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><\/tr><tr><td>Road traffic deaths, WHO 2023 report<\/td><td><span class=\"nrp-mono\">1.19<\/span><\/td><td>million<\/td><td>2021<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n11\" id=\"nx-nrp-gs-09-cb-r11\" aria-label=\"Note 11\">11<\/a><\/sup><\/td><\/tr><tr><td>Road traffic deaths, WHO fact sheet<\/td><td><span class=\"nrp-mono\">1.16<\/span><\/td><td>million<\/td><td>not stated<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n12\" id=\"nx-nrp-gs-09-cb-r12\" aria-label=\"Note 12\">12<\/a><\/sup><\/td><\/tr><tr><td>People using the Internet, ITU<\/td><td><span class=\"nrp-mono\">76<\/span><\/td><td>%<\/td><td>2026<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n10\" id=\"nx-nrp-gs-09-cb-r10\" aria-label=\"Note 10\">10<\/a><\/sup><\/td><\/tr><tr><td>People using the Internet, World Bank series<\/td><td><span class=\"nrp-mono\">73.6<\/span><\/td><td>%<\/td><td>2025<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n8\" id=\"nx-nrp-gs-09-cb-r8\" aria-label=\"Note 8\">8<\/a><\/sup><\/td><\/tr><tr><td>Official flows for infrastructure, developing countries<\/td><td><span class=\"nrp-mono\">78.7<\/span><\/td><td>USD billion<\/td><td>2024<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><\/tr><tr><td>Infrastructure need to 2040, 2017 outlook<\/td><td><span class=\"nrp-mono\">94<\/span><\/td><td>USD trillion<\/td><td>2017<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n21\" id=\"nx-nrp-gs-09-cb-r21\" aria-label=\"Note 21\">21<\/a><\/sup><\/td><\/tr><tr><td>Electric car sales<\/td><td><span class=\"nrp-mono\">21<\/span><\/td><td>million<\/td><td>2025<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n13\" id=\"nx-nrp-gs-09-cb-r13\" aria-label=\"Note 13\">13<\/a><\/sup><\/td><\/tr><tr><td>Urban population share<\/td><td><span class=\"nrp-mono\">57.8<\/span><\/td><td>%<\/td><td>2025<\/td><td><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/td><td><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n9\" id=\"nx-nrp-gs-09-cb-r9\" aria-label=\"Note 9\">9<\/a><\/sup><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-actions nrp-noprint\"><a class=\"nf-ui-btn\" data-variant=\"secondary\" href=\"data:text\/csv;charset=utf-8,Indicator%2CValue%2CUnit%2CYear%2CState%2CSource%0ASeaborne%20trade%20volume%2C%2212%2C720%22%2Cmillion%20tons%2C2024%2CREPORTED%2C%5B1%5D%0A%22Seaborne%20trade%2C%20SDG%20indicator%20basis%22%2C24.1%2Cbillion%20metric%20tons%2C2024%2CREPORTED%2C%5B5%5D%0AGrowth%20in%20seaborne%20trade%20ton-miles%2C5.9%2C%25%2C2024%2CREPORTED%2C%5B1%5D%0AAverage%20voyage%20haul%2C%225%2C245%22%2Cmiles%2C2024%2CREPORTED%2C%5B1%5D%0AContainer%20port%20traffic%2C913%2Cmillion%20TEU%2C2024%2CREPORTED%2C%5B6%5D%0AContainer%20port%20traffic%2C854%2Cmillion%20TEU%2C2023%2CREPORTED%2C%5B6%5D%0A%22Daily%20Hormuz%20transits%2C%20February%20average%22%2C129%2Cships%20a%20day%2C2026%2CREPORTED%2C%5B2%5D%0A%22Fall%20in%20daily%20Hormuz%20transits%2C%20early%20March%22%2C97%2C%25%2C2026%2CREPORTED%2C%5B2%5D%0APanama%20Canal%20transits%2C%2213%2C404%22%2Ctransits%2C2025%2CREPORTED%2C%5B32%5D%0A%22Air%20passengers%20carried%2C%20airline%20basis%22%2C4.27%2Cbillion%2C2023%2CREPORTED%2C%5B7%5D%0A%22Airport%20passengers%2C%20ACI%20World%22%2C9.4%2Cbillion%2C2024%2CREPORTED%2C%5B28%5D%0A%22Airline%20passengers%20expected%2C%20IATA%22%2C5.2%2Cbillion%2C2026%2CSCENARIO%2C%5B29%5D%0ADisruption%20cost%20in%20low-%20and%20middle-income%20countries%2C391%20to%20647%2CUSD%20billion%20a%20year%2C2019%2CREPORTED%2C%5B14%5D%0ARoad%20and%20rail%20assets%20exposed%20to%20a%20hazard%2C27%2C%25%2C2019%2CREPORTED%2C%5B15%5D%0APorts%20exposed%20to%20more%20than%20three%20hazards%2C86%2C%25%2C2023%2CREPORTED%2C%5B17%5D%0A%22Road%20traffic%20deaths%2C%20WHO%202023%20report%22%2C1.19%2Cmillion%2C2021%2CREPORTED%2C%5B11%5D%0A%22Road%20traffic%20deaths%2C%20WHO%20fact%20sheet%22%2C1.16%2Cmillion%2Cnot%20stated%2CREPORTED%2C%5B12%5D%0A%22People%20using%20the%20Internet%2C%20ITU%22%2C76%2C%25%2C2026%2CREPORTED%2C%5B10%5D%0A%22People%20using%20the%20Internet%2C%20World%20Bank%20series%22%2C73.6%2C%25%2C2025%2CREPORTED%2C%5B8%5D%0A%22Official%20flows%20for%20infrastructure%2C%20developing%20countries%22%2C78.7%2CUSD%20billion%2C2024%2CREPORTED%2C%5B5%5D%0A%22Infrastructure%20need%20to%202040%2C%202017%20outlook%22%2C94%2CUSD%20trillion%2C2017%2CREPORTED%2C%5B21%5D%0AElectric%20car%20sales%2C21%2Cmillion%2C2025%2CREPORTED%2C%5B13%5D%0AUrban%20population%20share%2C57.8%2C%25%2C2025%2CREPORTED%2C%5B9%5D%0A\" download=\"NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-indicators.csv\"><svg class=\"nrp-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12 15V3\"\/><path d=\"M21 15v4a2 2 0 0 1-2 2H5a2 2 0 0 1-2-2v-4\"\/><path d=\"m7 10 5 5 5-5\"\/><\/svg>Indicators, CSV<\/a><a class=\"nf-ui-btn\" data-variant=\"secondary\" href=\"data:application\/json;charset=utf-8,%7B%0A%20%22edition%22%3A%20%22NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE%22%2C%0A%20%22title%22%3A%20%22Global%20Infrastructure%20and%20Logistics%20Risk%20and%20Resilience%20Report%202026%3A%20Baseline%20Edition%2C%20The%20State%20of%20the%20World%E2%80%99s%20Infrastructure%2C%20Transport%20and%20Logistics.%22%2C%0A%20%22status%22%3A%20%22Draft%20under%20stewardship%20review%3B%20not%20yet%20released%22%2C%0A%20%22licence%22%3A%20%22CC-BY-4.0%20for%20the%20edition%20table%3B%20each%20value%20keeps%20its%20source's%20licence%22%2C%0A%20%22columns%22%3A%20%5B%0A%20%20%22Indicator%22%2C%0A%20%20%22Value%22%2C%0A%20%20%22Unit%22%2C%0A%20%20%22Year%22%2C%0A%20%20%22State%22%2C%0A%20%20%22Source%22%0A%20%5D%2C%0A%20%22rows%22%3A%20%5B%0A%20%20%5B%0A%20%20%20%22Seaborne%20trade%20volume%22%2C%0A%20%20%20%2212%2C720%22%2C%0A%20%20%20%22million%20tons%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B1%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Seaborne%20trade%2C%20SDG%20indicator%20basis%22%2C%0A%20%20%20%2224.1%22%2C%0A%20%20%20%22billion%20metric%20tons%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B5%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Growth%20in%20seaborne%20trade%20ton-miles%22%2C%0A%20%20%20%225.9%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B1%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Average%20voyage%20haul%22%2C%0A%20%20%20%225%2C245%22%2C%0A%20%20%20%22miles%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B1%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Container%20port%20traffic%22%2C%0A%20%20%20%22913%22%2C%0A%20%20%20%22million%20TEU%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B6%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Container%20port%20traffic%22%2C%0A%20%20%20%22854%22%2C%0A%20%20%20%22million%20TEU%22%2C%0A%20%20%20%222023%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B6%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Daily%20Hormuz%20transits%2C%20February%20average%22%2C%0A%20%20%20%22129%22%2C%0A%20%20%20%22ships%20a%20day%22%2C%0A%20%20%20%222026%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B2%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Fall%20in%20daily%20Hormuz%20transits%2C%20early%20March%22%2C%0A%20%20%20%2297%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222026%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B2%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Panama%20Canal%20transits%22%2C%0A%20%20%20%2213%2C404%22%2C%0A%20%20%20%22transits%22%2C%0A%20%20%20%222025%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B32%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Air%20passengers%20carried%2C%20airline%20basis%22%2C%0A%20%20%20%224.27%22%2C%0A%20%20%20%22billion%22%2C%0A%20%20%20%222023%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B7%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Airport%20passengers%2C%20ACI%20World%22%2C%0A%20%20%20%229.4%22%2C%0A%20%20%20%22billion%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B28%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Airline%20passengers%20expected%2C%20IATA%22%2C%0A%20%20%20%225.2%22%2C%0A%20%20%20%22billion%22%2C%0A%20%20%20%222026%22%2C%0A%20%20%20%22SCENARIO%22%2C%0A%20%20%20%22%5B29%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Disruption%20cost%20in%20low-%20and%20middle-income%20countries%22%2C%0A%20%20%20%22391%20to%20647%22%2C%0A%20%20%20%22USD%20billion%20a%20year%22%2C%0A%20%20%20%222019%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B14%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Road%20and%20rail%20assets%20exposed%20to%20a%20hazard%22%2C%0A%20%20%20%2227%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222019%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B15%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Ports%20exposed%20to%20more%20than%20three%20hazards%22%2C%0A%20%20%20%2286%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222023%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B17%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Road%20traffic%20deaths%2C%20WHO%202023%20report%22%2C%0A%20%20%20%221.19%22%2C%0A%20%20%20%22million%22%2C%0A%20%20%20%222021%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B11%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Road%20traffic%20deaths%2C%20WHO%20fact%20sheet%22%2C%0A%20%20%20%221.16%22%2C%0A%20%20%20%22million%22%2C%0A%20%20%20%22not%20stated%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B12%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22People%20using%20the%20Internet%2C%20ITU%22%2C%0A%20%20%20%2276%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222026%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B10%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22People%20using%20the%20Internet%2C%20World%20Bank%20series%22%2C%0A%20%20%20%2273.6%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222025%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B8%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Official%20flows%20for%20infrastructure%2C%20developing%20countries%22%2C%0A%20%20%20%2278.7%22%2C%0A%20%20%20%22USD%20billion%22%2C%0A%20%20%20%222024%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B5%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Infrastructure%20need%20to%202040%2C%202017%20outlook%22%2C%0A%20%20%20%2294%22%2C%0A%20%20%20%22USD%20trillion%22%2C%0A%20%20%20%222017%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B21%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Electric%20car%20sales%22%2C%0A%20%20%20%2221%22%2C%0A%20%20%20%22million%22%2C%0A%20%20%20%222025%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B13%5D%22%0A%20%20%5D%2C%0A%20%20%5B%0A%20%20%20%22Urban%20population%20share%22%2C%0A%20%20%20%2257.8%22%2C%0A%20%20%20%22%25%22%2C%0A%20%20%20%222025%22%2C%0A%20%20%20%22REPORTED%22%2C%0A%20%20%20%22%5B9%5D%22%0A%20%20%5D%0A%20%5D%0A%7D\" download=\"NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-indicators.json\"><svg class=\"nrp-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12 15V3\"\/><path d=\"M21 15v4a2 2 0 0 1-2 2H5a2 2 0 0 1-2-2v-4\"\/><path d=\"m7 10 5 5 5-5\"\/><\/svg>Indicators, JSON<\/a><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">NOTES<\/p><p>Shares are rounded as published. Issuers count different things: airport and airline passenger counts differ, the UNCTAD Review and the SDG indicator give different seaborne tonnages, and WHO gives two road death totals. Each is shown with its issuer and none is reconciled<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n5\" aria-label=\"Note 5\">5<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n28\" aria-label=\"Note 28\">28<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n29\" aria-label=\"Note 29\">29<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n7\" aria-label=\"Note 7\">7<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n11\" aria-label=\"Note 11\">11<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n12\" aria-label=\"Note 12\">12<\/a><\/sup>. Forecast values are labelled SCENARIO. A machine-readable copy of this table is published with the evidence bundle at release.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s2\" aria-labelledby=\"nx-nrp-gs-09-cb-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s2-h\"><span class=\"nrp-num\">B.2<\/span><span>Global source register<\/span><\/h2><p class=\"nrp-stand\">The governed source set behind this edition. Each source keeps its authority, coverage, cadence and role; categories describe origin, not truth.<\/p><h3 class=\"nrp-h3\">Domains bound by the register<\/h3><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">TRD<\/li><li class=\"nf-ui-chip\">INF<\/li><li class=\"nf-ui-chip\">FIN<\/li><li class=\"nf-ui-chip\">HLT<\/li><li class=\"nf-ui-chip\">DAT<\/li><li class=\"nf-ui-chip\">CLI<\/li><li class=\"nf-ui-chip\">ENE<\/li><li class=\"nf-ui-chip\">FOO<\/li><li class=\"nf-ui-chip\">WAT<\/li><li class=\"nf-ui-chip\">BIO<\/li><\/ul><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab3\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.3<\/span><span class=\"nrp-tbl-t\">Global source register<\/span><\/caption><thead><tr><th scope=\"col\">Source<\/th><th scope=\"col\">Category<\/th><th scope=\"col\">Coverage<\/th><th scope=\"col\">Period<\/th><th scope=\"col\">Cadence<\/th><th scope=\"col\">Role<\/th><\/tr><\/thead><tbody><tr><td>UNCTAD Review of Maritime Transport 2025<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><td>intergovernmental agency<\/td><td>global<\/td><td>2024<\/td><td>annual<\/td><td>trade, fleet<\/td><\/tr><tr><td>UNCTAD Hormuz analysis<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/td><td>intergovernmental agency<\/td><td>Strait of Hormuz<\/td><td>2026<\/td><td>one-off<\/td><td>chokepoint<\/td><\/tr><tr><td>SDG 9 Extended Report<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><td>UN agencies<\/td><td>global<\/td><td>2024<\/td><td>annual<\/td><td>freight, finance, coverage<\/td><\/tr><tr><td>World Bank WDI series<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n6\" aria-label=\"Note 6\">6<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n7\" aria-label=\"Note 7\">7<\/a><\/sup><\/td><td>multilateral development bank<\/td><td>global<\/td><td>2024<\/td><td>annual<\/td><td>ports, air<\/td><\/tr><tr><td>ITU Facts and Figures<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n10\" aria-label=\"Note 10\">10<\/a><\/sup><\/td><td>UN specialised agency<\/td><td>global<\/td><td>2026<\/td><td>annual<\/td><td>connectivity<\/td><\/tr><tr><td>WHO road safety report<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n11\" aria-label=\"Note 11\">11<\/a><\/sup><\/td><td>UN specialised agency<\/td><td>global<\/td><td>2021<\/td><td>periodic<\/td><td>road deaths<\/td><\/tr><tr><td>World Bank Lifelines<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n14\" aria-label=\"Note 14\">14<\/a><\/sup><\/td><td>multilateral development bank<\/td><td>low- and middle-income countries<\/td><td>2019<\/td><td>one-off<\/td><td>disruption cost<\/td><\/tr><tr><td>Koks et al.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n15\" aria-label=\"Note 15\">15<\/a><\/sup><\/td><td>peer-reviewed literature<\/td><td>global<\/td><td>2019<\/td><td>one-off<\/td><td>road and rail risk<\/td><\/tr><tr><td>NTSB Key Bridge investigation<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n22\" id=\"nx-nrp-gs-09-cb-r22\" aria-label=\"Note 22\">22<\/a><\/sup><\/td><td>national investigation board<\/td><td>United States<\/td><td>2024<\/td><td>one-off<\/td><td>structure failure<\/td><\/tr><tr><td>ENISA Transport Threat Landscape<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n23\" id=\"nx-nrp-gs-09-cb-r23\" aria-label=\"Note 23\">23<\/a><\/sup><\/td><td>EU agency<\/td><td>European Union<\/td><td>2022<\/td><td>periodic<\/td><td>cyber incidents<\/td><\/tr><\/tbody><\/table><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">FIXTURE PROHIBITION<\/p><p>No demonstration or reference-cartographic fixture is used as evidence in this edition. The publication gate checks every binding against this register.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s3\" aria-labelledby=\"nx-nrp-gs-09-cb-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s3-h\"><span class=\"nrp-num\">B.3<\/span><span>Regional reading: infrastructure and logistics across ten clusters<\/span><\/h2><p class=\"nrp-stand\">Map plates follow with the regional Baseline Editions, when boundary sources and public-safe resolutions are bound. This page gives the regional reading in table form and ranks no region.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab4\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.4<\/span><span class=\"nrp-tbl-t\">Regional reading: infrastructure and logistics across ten clusters<\/span><\/caption><thead><tr><th scope=\"col\">Region<\/th><th scope=\"col\">Principal hazards<\/th><th scope=\"col\">Systems most exposed<\/th><th scope=\"col\">Baseline evidence<\/th><\/tr><\/thead><tbody><tr><td>North America<\/td><td>ageing structures; vessel strikes on bridges; winter weather<\/td><td>roads, ports, rail<\/td><td>Key Bridge report<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n22\" aria-label=\"Note 22\">22<\/a><\/sup>; ASCE grade C<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n20\" id=\"nx-nrp-gs-09-cb-r20\" aria-label=\"Note 20\">20<\/a><\/sup><\/td><\/tr><tr><td>South America<\/td><td>canal and port dependence for grain and minerals<\/td><td>ports, rivers<\/td><td>regional statistics (not bound)<\/td><\/tr><tr><td>Europe<\/td><td>network completion and cyber duties<\/td><td>rail, roads, ports<\/td><td>network and NIS2 rules<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n24\" id=\"nx-nrp-gs-09-cb-r24\" aria-label=\"Note 24\">24<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n25\" id=\"nx-nrp-gs-09-cb-r25\" aria-label=\"Note 25\">25<\/a><\/sup>; transport incidents<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n23\" aria-label=\"Note 23\">23<\/a><\/sup><\/td><\/tr><tr><td>Eurasia<\/td><td>rail and sea corridors; sanctions-driven rerouting<\/td><td>rail, ports<\/td><td>regional statistics (not bound)<\/td><\/tr><tr><td>Middle East and North Africa<\/td><td>Hormuz and Suez exposure<\/td><td>oil, gas, fertiliser, containers<\/td><td>UNCTAD<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/td><\/tr><tr><td>Africa<\/td><td>rural access and mobile coverage gaps<\/td><td>roads, networks<\/td><td>SDG 9 coverage figures<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n5\" aria-label=\"Note 5\">5<\/a><\/sup><\/td><\/tr><tr><td>South Asia<\/td><td>port growth and flood exposure<\/td><td>ports, roads<\/td><td>regional statistics (not bound)<\/td><\/tr><tr><td>East Asia<\/td><td>large ports exposed to extreme wind; container hubs<\/td><td>ports, container trade<\/td><td>port downtime study<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n16\" id=\"nx-nrp-gs-09-cb-r16\" aria-label=\"Note 16\">16<\/a><\/sup>; container traffic<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n6\" aria-label=\"Note 6\">6<\/a><\/sup><\/td><\/tr><tr><td>ASEAN<\/td><td>straits and archipelagic routes<\/td><td>ports, sea lanes<\/td><td>regional statistics (not bound)<\/td><\/tr><tr><td>Oceania-Pacific<\/td><td>small island economies reliant on single ports<\/td><td>ports, air links<\/td><td>port criticality study<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n18\" id=\"nx-nrp-gs-09-cb-r18\" aria-label=\"Note 18\">18<\/a><\/sup>; trade risk at island ports<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/td><\/tr><\/tbody><\/table><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">MAP PLATES WITH THE REGIONAL EDITIONS<\/p><p>Each plate will carry its boundary source and version, projection, resolution, classification, uncertainty encoding and public-safe transform, with text and table alternatives.<\/p><\/aside><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>Regional readings summarise the cited evidence. They are not risk ratings of any region or country.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s4\" aria-labelledby=\"nx-nrp-gs-09-cb-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s4-h\"><span class=\"nrp-num\">B.4<\/span><span>Corridor card: Strait of Hormuz<\/span><\/h2><ul class=\"nrp-chips\"><li class=\"nf-ui-chip\">chokepoint<\/li><li class=\"nf-ui-chip\">strait<\/li><li class=\"nf-ui-chip\">oil and fertiliser<\/li><li class=\"nf-ui-chip\">seaborne<\/li><\/ul><dl class=\"nrp-dl\"><dt>Systems in view<\/dt><dd>fuel, fertiliser, shipping, insurance<\/dd><dt>Defining events<\/dt><dd>disruption to shipping from late February 2026<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n2\" aria-label=\"Note 2\">2<\/a><\/sup><\/dd><dt>Couplings<\/dt><dd>TRD \u2192 ENE fuel supply; TRD \u2192 FOO fertiliser; TRD \u2192 FIN freight and insurance cost<\/dd><dt>Capability evidence<\/dt><dd>rapid analysis and tracking published by UNCTAD<sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n2\" aria-label=\"Note 2\">2<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-gs-09-cb-n4\" id=\"nx-nrp-gs-09-cb-r4\" aria-label=\"Note 4\">4<\/a><\/sup><\/dd><dt>Gaps<\/dt><dd>transits after March 2026; bypass capacity<\/dd><dt>Agenda items<\/dt><dd>L-01 \u00b7 L-03<\/dd><\/dl><div class=\"nrp-cards\"><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">About 20 million barrels of oil a day and about one third of seaborne fertiliser trade passed through the strait in 2024 [2].<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">CHOKEPOINT<\/h3><p>Single passage<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">Bunker fuel prices rose about 100% between 27 February and 9 March 2026 and war-risk premiums were repriced [2].<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">COST<\/h3><p>Freight and insurance<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">UNCTAD built a tracking tool for shipping, food, energy and finance indicators; the tool itself was not opened here [4] [44].<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">LEARNING<\/h3><p>Early-warning data<\/p><\/article><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">evidence<\/p><p>Corridor cards are generated for the major shared chokepoints and corridors with the regional Baseline Editions. The Strait of Hormuz card is shown first because its disruption analysis is published.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s5\" aria-labelledby=\"nx-nrp-gs-09-cb-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s5-h\"><span class=\"nrp-num\">B.5<\/span><span>How countries appear in the infrastructure and logistics edition<\/span><\/h2><p class=\"nrp-stand\">Countries enter the infrastructure edition through the infrastructure and logistics chapters of their own national editions, on one card grammar. They are read against peer distributions and thresholds, never ranked.<\/p><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab5\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.5<\/span><span class=\"nrp-tbl-t\">How countries appear in the infrastructure and logistics edition<\/span><\/caption><thead><tr><th scope=\"col\">Card field<\/th><th scope=\"col\">What it shows<\/th><th scope=\"col\">Source<\/th><\/tr><\/thead><tbody><tr><td>WEFH+B state<\/td><td>each core system against peer distribution bands<\/td><td>national edition<\/td><\/tr><tr><td>Couplings<\/td><td>the national dependency matrix<\/td><td>national edition<\/td><\/tr><tr><td>Risk objects<\/td><td>the national risk portfolio<\/td><td>national edition<\/td><\/tr><tr><td>Capability rungs<\/td><td>the national capability ladder<\/td><td>national edition<\/td><\/tr><tr><td>Evidence age<\/td><td>oldest and newest source dates<\/td><td>national source register<\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">Editions in the 2026 Baseline programme<\/h3><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">26<\/span><span class=\"nrp-cell-u\">national<\/span><p>countries and unions<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">10<\/span><span class=\"nrp-cell-u\">regional<\/span><p>clusters<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">16<\/span><span class=\"nrp-cell-u\">global<\/span><p>flagship and sector<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">14<\/span><span class=\"nrp-cell-u\">strategic<\/span><p><a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a> reports<\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">20<\/span><span class=\"nrp-cell-u\">frontier<\/span><p>technology reports<\/p><\/div><\/div><h3 class=\"nrp-h3\">How to read a country card<\/h3><ul class=\"nrp-list\"><li>Each system is shown against the distribution of its peers, with thresholds where they exist<\/li><li>Couplings and risk objects come from the country\u2019s own national edition<\/li><li>Capability rungs record evidence, not a judgement of institutions<\/li><li>Evidence age is printed, so older national data are visible as such<\/li><\/ul><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab6\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.6<\/span><span class=\"nrp-tbl-t\">National Baseline Editions in the 2026 programme<\/span><\/caption><thead><tr><th scope=\"col\">Wave<\/th><th scope=\"col\">Countries and unions<\/th><th scope=\"col\">State<\/th><\/tr><\/thead><tbody><tr><td>W0<\/td><td>Canada<\/td><td>ISSUED<\/td><\/tr><tr><td>W1<\/td><td>United States, United Kingdom, France, Germany, Italy, Japan, European Union, Switzerland<\/td><td>PLANNED<\/td><\/tr><tr><td>W2<\/td><td>Mexico, Brazil, Argentina, T\u00fcrkiye, Russian Federation, Saudi Arabia, United Arab Emirates, South Africa, Senegal, Kenya, African Union, India, China, Republic of Korea, Indonesia, Singapore, Australia<\/td><td>PLANNED<\/td><\/tr><\/tbody><\/table><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">boundary<\/p><p>External rankings, where cited, keep their own method and source. Nexus never converts them into a rating, and each country\u2019s ownership of its national edition is unaffected by its appearance here.<\/p><\/aside><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s6\" aria-labelledby=\"nx-nrp-gs-09-cb-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s6-h\"><span class=\"nrp-num\">B.6<\/span><span>Licences<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab7\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.7<\/span><span class=\"nrp-tbl-t\">Licences of each kind of material<\/span><\/caption><thead><tr><th scope=\"col\">Material<\/th><th scope=\"col\">Licence<\/th><\/tr><\/thead><tbody><tr><td>Text<\/td><td>CC BY 4.0<\/td><\/tr><tr><td>Data<\/td><td>on the licence of each source; Nexus tables CC BY 4.0<\/td><\/tr><tr><td>Figures<\/td><td>Nexus figures CC BY 4.0; third-party as credited<\/td><\/tr><tr><td>Maps<\/td><td>boundary source and licence printed on each plate<\/td><\/tr><tr><td>Metadata<\/td><td>CC0 1.0, as Zenodo publishes it<\/td><\/tr><tr><td>Third-party data, figures and text<\/td><td>The source&#8217;s own licence, credited where it is used; never relicensed<\/td><\/tr><\/tbody><tfoot><tr><td colspan=\"2\">Nexus-authored text, tables and figures: CC BY 4.0 (SPDX CC-BY-4.0). Map plates print their boundary source and licence.<\/td><\/tr><\/tfoot><\/table><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-s7\" aria-labelledby=\"nx-nrp-gs-09-cb-s7-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-s7-h\"><span class=\"nrp-num\">B.7<\/span><span>Formats and provenance<\/span><\/h2><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cb-tab8\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table B.8<\/span><span class=\"nrp-tbl-t\">This edition in every format<\/span><\/caption><thead><tr><th scope=\"col\">Format<\/th><th scope=\"col\">Kind<\/th><th scope=\"col\">State<\/th><th scope=\"col\">What it is<\/th><th scope=\"col\">Identifier<\/th><\/tr><\/thead><tbody><tr><td>Web edition<\/td><td><span class=\"nrp-mono\">HTML<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"here\">On this site<\/span><\/td><td>Draft in stewardship review; every value resolves to its source.<\/td><td><span class=\"nrp-mono\">NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-v1.0.0<\/span><\/td><\/tr><tr><td>Print edition<\/td><td><span class=\"nrp-mono\">PDF<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"release\">At release<\/span><\/td><td>A4 portrait \u00b7 screen, print and archival PDF, signed with the web edition at release.<\/td><td><span class=\"nrp-mono\">NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-v1.0.0<\/span><\/td><\/tr><tr><td>Indicator data<\/td><td><span class=\"nrp-mono\">CSV \u00b7 JSON<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"here\">On this site<\/span><\/td><td>23 indicators with unit, year, status and source; the machine-readable copy ships with the evidence bundle at release.<\/td><td><span class=\"nrp-mono\">NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE data release v1<\/span><\/td><\/tr><tr><td>Figures<\/td><td><span class=\"nrp-mono\">SVG \u00b7 PNG<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"here\">On this site<\/span><\/td><td>4 on the web edition: headline figure, figure 1.3, coupling instrument, capability ladder.<\/td><td><span class=\"nrp-mono\">FIG-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-*<\/span><\/td><\/tr><tr><td>Slides<\/td><td><span class=\"nrp-mono\">PDF<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"none\">Not recorded<\/span><\/td><td>No slide deck is recorded for this edition.<\/td><td><span class=\"nrp-mono\"><\/span><\/td><\/tr><tr><td>Evidence brief<\/td><td><span class=\"nrp-mono\">HTML \u00b7 PDF<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"none\">Not recorded<\/span><\/td><td>No evidence brief is recorded for this edition.<\/td><td><span class=\"nrp-mono\"><\/span><\/td><\/tr><tr><td>Dataset with DOI<\/td><td><span class=\"nrp-mono\">DataCite<\/span><\/td><td><span class=\"nx-nr-out-s\" data-state=\"release\">At release<\/span><\/td><td>Concept and version DOI are minted at deposit; none is recorded yet.<\/td><td><span class=\"nrp-mono\"><\/span><\/td><\/tr><\/tbody><\/table><\/div><h3 class=\"nrp-h3\">Provenance<\/h3><dl class=\"nrp-dl\"><dt>Edition pack<\/dt><dd>The edition&#8217;s content pack (JSON), from which the print and web editions are built<\/dd><dt>Evidence cut<\/dt><dd>DC-SECTOR-INFRASTRUCTURE-GLOBAL-2026-B0, closed 30 September 2026<\/dd><dt>Reproducibility<\/dt><dd>sourced values cited; analytical values reproducible from stated parameters<\/dd><dt>Self-check<\/dt><dd>14 of 23 at evidence close; a fail on any item blocks release<\/dd><dt>Review<\/dt><dd>five passes scheduled before release (in Annex C)<\/dd><dt>Publisher of record<\/dt><dd>GCRI for the Nexus Consortium<\/dd><dt>Corrections<\/dt><dd>Registry correction pathway; upheld corrections are published as notices with a new version<\/dd><\/dl><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cb-notes\" aria-labelledby=\"nx-nrp-gs-09-cb-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cb-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. <a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-cb-n1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r5\" aria-label=\"Back to the first call of note 5\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n6\"><span class=\"nrp-notes-n\">6<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, container port traffic (TEU), series IS.SHP.GOOD.TU, API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r6\" aria-label=\"Back to the first call of note 6\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r2\" aria-label=\"Back to the first call of note 2\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n32\"><span class=\"nrp-notes-n\">32<\/span><span>Autoridad del Canal de Panama (ed.), Panama Canal Authority, home page statistics (13,404 transits in 2025). Panama Canal Authority, Balboa. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r32\" aria-label=\"Back to the first call of note 32\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n7\"><span class=\"nrp-notes-n\">7<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, air transport passengers carried and freight (series IS.AIR.PSGR and IS.AIR.GOOD.MT.K1, ICAO source) and rail series (no values returned), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r7\" aria-label=\"Back to the first call of note 7\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n28\"><span class=\"nrp-notes-n\">28<\/span><span>ACI World (ed.), Biannual global air travel demand update, 30 September 2025 (9.4 billion passengers in 2024; 9.8 billion projected for 2025). Airports Council International, Montreal. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r28\" aria-label=\"Back to the first call of note 28\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n29\"><span class=\"nrp-notes-n\">29<\/span><span>IATA (ed.), Industry outlook press release, December 2025 (5.2 billion passengers expected in 2026, up 4.4% on 2025; cargo 71.6 million tonnes). International Air Transport Association, Montreal. Observation year 2026 (expectation). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r29\" aria-label=\"Back to the first call of note 29\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r11\" aria-label=\"Back to the first call of note 11\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n12\"><span class=\"nrp-notes-n\">12<\/span><span>WHO (ed.), Road traffic injuries, fact sheet updated 20 July 2026 (about 1.16 million deaths a year; 92% in low- and middle-income countries; reference year not stated). World Health Organization, Geneva. Observation year not stated on the page. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r12\" aria-label=\"Back to the first call of note 12\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n8\"><span class=\"nrp-notes-n\">8<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, individuals using the Internet (series IT.NET.USER.ZS, ITU source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r8\" aria-label=\"Back to the first call of note 8\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r21\" aria-label=\"Back to the first call of note 21\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n13\"><span class=\"nrp-notes-n\">13<\/span><span>IEA (ed.), Global Energy Review 2026 (PDF, opened from a copy of the published report hosted by a third party). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r13\" aria-label=\"Back to the first call of note 13\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n9\"><span class=\"nrp-notes-n\">9<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, urban population as a share of total population (series SP.URB.TOTL.IN.ZS, UN source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r9\" aria-label=\"Back to the first call of note 9\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r22\" aria-label=\"Back to the first call of note 22\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r23\" aria-label=\"Back to the first call of note 23\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n20\"><span class=\"nrp-notes-n\">20<\/span><span>ASCE (ed.), 2025 Report Card for America\u2019s Infrastructure (summary page: overall grade C, grades from B in ports to D in stormwater and transit, USD 3.6 trillion investment gap over ten years). American Society of Civil Engineers, Reston. Observation year 2025. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r20\" aria-label=\"Back to the first call of note 20\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n24\"><span class=\"nrp-notes-n\">24<\/span><span>European Commission (ed.), Trans-European transport network (TEN-T), policy page on Regulation (EU) 2024\/1679 (core network by 2030, extended core by 2040, comprehensive by 2050). Directorate-General for Mobility and Transport, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r24\" aria-label=\"Back to the first call of note 24\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n25\"><span class=\"nrp-notes-n\">25<\/span><span>European Commission (ed.), NIS2 Directive: securing network and information <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, policy page on Directive (EU) 2022\/2555 (earlier directive repealed from 18 October 2024). Directorate-General for Communications Networks, Brussels. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r25\" aria-label=\"Back to the first call of note 25\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-gs-09-cb-n4\"><span class=\"nrp-notes-n\">4<\/span><span>UNCTAD (ed.), Hormuz disruption shows why early-warning data matters, news item (about 95% fall in ship transits; tracking tool described). UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03.<a class=\"nrp-notes-back\" href=\"#nx-nrp-gs-09-cb-r4\" aria-label=\"Back to the first call of note 4\">back<\/a><\/span><\/li><\/ol><\/section><\/div><div class=\"nrp-part\" id=\"nx-nrp-gs-09-part-references\"><header class=\"nrp-chap-head\" id=\"nx-nrp-gs-09-cc-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\">Global Infrastructure and Logistics 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Annex C<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h2 class=\"pp-hero-title\">References and record<\/h2><p class=\"nrp-lede\">Every source the edition rests on, the publication record, the corrections log and the open record.<\/p><p class=\"nrp-chap-meta\"><span>15 min read<\/span><span>0 figures<\/span><span>1 table<\/span><span>0 notes<\/span><span>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE<\/span><\/p><\/header><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cc-s1\" aria-labelledby=\"nx-nrp-gs-09-cc-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cc-s1-h\"><span class=\"nrp-num\">C.1<\/span><span>50 sources<\/span><\/h2><p class=\"nrp-stand\">NR-CIT-1, editor first. A DOI is linked where the source has one; Nexus records carry a <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/uni\/\" data-tc=\"UNI\" data-tk=\"Nexus Standards\" data-td=\"The universal identifier of every Nexus artifact (NS-1)\">UNI<\/a> once the catalogue allocates it (NS-1).<\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-gs-09-ref-1\"><span class=\"nrp-notes-n\">1<\/span><span>UNCTAD (ed.), Review of Maritime Transport 2025: Staying the course in turbulent waters (full report and overview). UN Trade and Development, Geneva. Observation year 2024. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 5, chapter 6, chapter 7, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-2\"><span class=\"nrp-notes-n\">2<\/span><span>UNCTAD (ed.), Strait of Hormuz Disruptions: Implications for Global Trade and Development, rapid analysis dated 10 March 2026, from Clarksons Research, EIA, LSEG, Kpler and other data. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 5, chapter 6, chapter 7, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-3\"><span class=\"nrp-notes-n\">3<\/span><span>UNCTAD (ed.), Hormuz shipping disruptions raise risks for energy, fertilisers and vulnerable economies, media alert UNCTAD\/PRESS\/MA\/2026\/003, Geneva, 10 March 2026. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-4\"><span class=\"nrp-notes-n\">4<\/span><span>UNCTAD (ed.), Hormuz disruption shows why early-warning data matters, news item (about 95% fall in ship transits; tracking tool described). UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 2, chapter 4<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-5\"><span class=\"nrp-notes-n\">5<\/span><span>UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 9 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024 (indicators 9.1.2 and 9.a.1) and 2025 (indicator 9.c.1). Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 2, chapter 3, chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-6\"><span class=\"nrp-notes-n\">6<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, container port traffic (TEU), series IS.SHP.GOOD.TU, API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2024. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-7\"><span class=\"nrp-notes-n\">7<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, air transport passengers carried and freight (series IS.AIR.PSGR and IS.AIR.GOOD.MT.K1, ICAO source) and rail series (no values returned), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-8\"><span class=\"nrp-notes-n\">8<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, individuals using the Internet (series IT.NET.USER.ZS, ITU source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 2, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-9\"><span class=\"nrp-notes-n\">9<\/span><span>DATA VINTAGE AFTER CLOSE: World Bank (ed.), World Development Indicators, urban population as a share of total population (series SP.URB.TOTL.IN.ZS, UN source), API read, database last updated 2026-10-08. World Bank, Washington. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 3, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-10\"><span class=\"nrp-notes-n\">10<\/span><span>ITU (ed.), Measuring digital development: Facts and Figures 2026 (publication page with key findings). International Telecommunication Union, Geneva. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-11\"><span class=\"nrp-notes-n\">11<\/span><span>WHO (ed.), Global status report on road safety 2023, Geneva, 13 December 2023 (publication page). World Health Organization, Geneva. Observation year 2021. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-12\"><span class=\"nrp-notes-n\">12<\/span><span>WHO (ed.), Road traffic injuries, fact sheet updated 20 July 2026 (about 1.16 million deaths a year; 92% in low- and middle-income countries; reference year not stated). World Health Organization, Geneva. Observation year not stated on the page. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 2, chapter 3, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-13\"><span class=\"nrp-notes-n\">13<\/span><span>IEA (ed.), Global Energy Review 2026 (PDF, opened from a copy of the published report hosted by a third party). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 2, chapter 3, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-14\"><span class=\"nrp-notes-n\">14<\/span><span>Hallegatte, S., Rentschler, J. and Rozenberg, J., Lifelines: The Resilient Infrastructure Opportunity. World Bank, Washington, 2019 (full report PDF). Observation year 2019 (analysis of earlier data). Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-15\"><span class=\"nrp-notes-n\">15<\/span><span>Koks, E.E. et al., A global multi-hazard <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-analysis\" data-tk=\"Nexus risk vocabulary\" data-td=\"Understanding the nature and level of risk, including likelihood, consequence, controls and uncertainty.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk analysis<\/a> of road and railway infrastructure assets, Nature Communications 10, 2677, 2019 (abstract via Crossref). Springer Nature. Observation year 2019. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-16\"><span class=\"nrp-notes-n\">16<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Systemic risks from climate-related disruptions at ports, Nature <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 climate-change\" data-tk=\"Nexus risk vocabulary\" data-td=\"A change in the state of the climate that persists for decades or longer, identified by shifts in averages and variability; in current practice, mainly the change driven by human emissions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Climate Change<\/a> 13, 804 to 806, 2023 (abstract and introduction opened). Springer Nature. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 7<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-17\"><span class=\"nrp-notes-n\">17<\/span><span>Verschuur, J., Koks, E.E., Hall, J.W. et al., Multi-hazard risk to global port infrastructure and resulting trade and logistics losses, Communications Earth and Environment 4, 2023 (abstract opened). Springer Nature. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 7, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-18\"><span class=\"nrp-notes-n\">18<\/span><span>Verschuur, J., Koks, E.E. and Hall, J.W., Ports\u2019 criticality in international trade and global supply-chains, Nature Communications 13, 2022 (abstract opened). Springer Nature. Observation year 2022. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 1, chapter 2, chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-19\"><span class=\"nrp-notes-n\">19<\/span><span>Thacker, S. et al., Infrastructure for sustainable development, Nature Sustainability 2, 324 to 331, 2019 (abstract opened). Springer Nature. Observation year 2019. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 1, chapter 3, chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-20\"><span class=\"nrp-notes-n\">20<\/span><span>ASCE (ed.), 2025 Report Card for America\u2019s Infrastructure (summary page: overall grade C, grades from B in ports to D in stormwater and transit, USD 3.6 trillion investment gap over ten years). American Society of Civil Engineers, Reston. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 4, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-21\"><span class=\"nrp-notes-n\">21<\/span><span>Global Infrastructure Hub (ed.), Global Infrastructure Outlook, press release of 25 July 2017 (USD 94 trillion need to 2040, USD 97 trillion with SDG access targets, USD 18 trillion unfunded). Global Infrastructure Hub, Sydney. Observation year 2017. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-22\"><span class=\"nrp-notes-n\">22<\/span><span>NTSB (ed.), Contact of Containership Dali with Francis Scott Key Bridge and Subsequent Bridge Collapse, investigation page with probable cause and recommendations. National Transportation Safety Board, Washington. Observation year 2024. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 1, chapter 2, chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-23\"><span class=\"nrp-notes-n\">23<\/span><span>ENISA (ed.), ENISA Transport Threat Landscape, March 2023 (publication page and report PDF; incidents January 2021 to October 2022). European Union Agency for Cybersecurity, Athens. Observation year 2022. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 1, chapter 3, chapter 4, chapter 5, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-24\"><span class=\"nrp-notes-n\">24<\/span><span>European Commission (ed.), Trans-European transport network (TEN-T), policy page on Regulation (EU) 2024\/1679 (core network by 2030, extended core by 2040, comprehensive by 2050). Directorate-General for Mobility and Transport, Brussels. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 3, chapter 4, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-25\"><span class=\"nrp-notes-n\">25<\/span><span>European Commission (ed.), NIS2 Directive: securing network and information <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, policy page on Directive (EU) 2022\/2555 (earlier directive repealed from 18 October 2024). Directorate-General for Communications Networks, Brussels. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 3, chapter 4, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-26\"><span class=\"nrp-notes-n\">26<\/span><span>IMO (ed.), Initial IMO GHG Strategy, hot topic page (notes that the 2023 strategy has been adopted). International Maritime Organization, London. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-27\"><span class=\"nrp-notes-n\">27<\/span><span>DNV (ed.), Decision on the IMO Net-Zero Framework delayed for one year, news item of 2025 on the second extraordinary session of the Marine Environment Protection Committee. DNV, Oslo. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-28\"><span class=\"nrp-notes-n\">28<\/span><span>ACI World (ed.), Biannual global air travel demand update, 30 September 2025 (9.4 billion passengers in 2024; 9.8 billion projected for 2025). Airports Council International, Montreal. Observation year 2024. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-29\"><span class=\"nrp-notes-n\">29<\/span><span>IATA (ed.), Industry outlook press release, December 2025 (5.2 billion passengers expected in 2026, up 4.4% on 2025; cargo 71.6 million tonnes). International Air Transport Association, Montreal. Observation year 2026 (expectation). Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-30\"><span class=\"nrp-notes-n\">30<\/span><span>IPCC, Climate Change 2022: Impacts, Adaptation and Vulnerability, Working Group II, Chapter 6: Cities, Settlements and Key Infrastructure (chapter PDF opened). Intergovernmental Panel on Climate Change, Geneva. Observation year 2022. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 4, chapter 6, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-31\"><span class=\"nrp-notes-n\">31<\/span><span>WMO (ed.), State of the Global Climate 2025, press release of 23 March 2026 (2025 about 1.43 \u00b0C above the 1850 to 1900 average). World Meteorological Organization, Geneva. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 3, chapter 4, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-32\"><span class=\"nrp-notes-n\">32<\/span><span>Autoridad del Canal de Panama (ed.), Panama Canal Authority, home page statistics (13,404 transits in 2025). Panama Canal Authority, Balboa. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 3, chapter 4, chapter 8<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-33\"><span class=\"nrp-notes-n\">33<\/span><span>UNVERIFIED, not opened: IMF (ed.), PortWatch daily chokepoint transit series; the daily service returned an access error and only a static chokepoint list was read, from which no figure is used. International Monetary Fund, Washington. Observation year 2026. Accessed 2026-11-03.<\/span><\/li><li id=\"nx-nrp-gs-09-ref-34\"><span class=\"nrp-notes-n\">34<\/span><span>UNVERIFIED, not opened: ITF (ed.), ITF Transport Outlook 2023. International Transport Forum at the OECD, Paris; the page returned an access error and no figure is used. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-35\"><span class=\"nrp-notes-n\">35<\/span><span>UNVERIFIED, not opened: ICAO (ed.), Air transport statistics and The World of Air Transport; the site returned an access error and no figure from it is used. International Civil Aviation Organization, Montreal. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-36\"><span class=\"nrp-notes-n\">36<\/span><span>UNVERIFIED, not opened: UNDRR (ed.), Global Assessment Report on Disaster <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-reduction\" data-tk=\"Nexus risk vocabulary\" data-td=\"Preventing new risk, reducing existing risk and managing residual risk, all contributing to resilience.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Risk Reduction<\/a> 2025, Resilience Pays: Financing and Investing for our Future; the page was not accessible and no figure from search summaries is used. UN Office for Disaster Risk Reduction, Geneva. Observation year 2025. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-37\"><span class=\"nrp-notes-n\">37<\/span><span>UNVERIFIED, not opened: World Bank (ed.), Connecting to Compete 2023: Trade Logistics in the Global Economy, the Logistics Performance Index; the site was not accessible and no value is used. World Bank, Washington. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-38\"><span class=\"nrp-notes-n\">38<\/span><span>UNVERIFIED, not opened: IEA (ed.), Global EV Outlook 2026; the page was not accessible and figures from news summaries are not used. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.<\/span><\/li><li id=\"nx-nrp-gs-09-ref-39\"><span class=\"nrp-notes-n\">39<\/span><span>UNVERIFIED, not opened: Directive (EU) 2022\/2557 of the European Parliament and of the Council on the resilience of critical entities, Official Journal of the European Union, 2022; the legal text returned a challenge page and the transport scope is cited from a search summary. Observation year 2022. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 4, chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-40\"><span class=\"nrp-notes-n\">40<\/span><span>UNVERIFIED, not opened: POST-CLOSE, context only: IMO (ed.), Marine Environment Protection Committee, extraordinary session of October 2025 and the session of October 2026 on the Net-Zero Framework; only the DNV summary [27] was opened. International Maritime Organization, London. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-41\"><span class=\"nrp-notes-n\">41<\/span><span>UNVERIFIED, not opened: ISO 55000:2024, Asset management: vocabulary, overview and principles. International Organization for Standardization, Geneva; the page was blocked. Observation year 2024. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-42\"><span class=\"nrp-notes-n\">42<\/span><span>UNVERIFIED, not opened: ISO 28000:2022, Security and resilience: security management systems for the supply chain. International Organization for Standardization, Geneva; the page was blocked. Observation year 2022. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-43\"><span class=\"nrp-notes-n\">43<\/span><span>UNVERIFIED, not opened: ISO 22301:2019, Security and resilience: business continuity management systems. International Organization for Standardization, Geneva; the page was blocked. Observation year 2019. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-44\"><span class=\"nrp-notes-n\">44<\/span><span>UNVERIFIED, not opened: UNCTAD (ed.), Strait of Hormuz tracking dashboard, launched April 2026; known only from search summaries. UN Trade and Development, Geneva. Observation year 2026. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-45\"><span class=\"nrp-notes-n\">45<\/span><span>UNVERIFIED, not opened: ENISA (ed.), ENISA Threat Landscape 2026, published 22 September 2026; only the listing entry was read. European Union Agency for Cybersecurity, Athens. Observation year 2025. Accessed 2026-11-03.<\/span><\/li><li id=\"nx-nrp-gs-09-ref-46\"><span class=\"nrp-notes-n\">46<\/span><span>UNVERIFIED, not opened: Colon, C., Hallegatte, S. and Rozenberg, J., Criticality analysis of a country\u2019s transport network via an agent-based supply chain model, Nature Sustainability 4, 209 to 215, 2021; bibliographic record read via Crossref, abstract not read. Springer Nature. Observation year 2020. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-47\"><span class=\"nrp-notes-n\">47<\/span><span>UNVERIFIED, not opened: Verschuur, J., Koks, E.E. and Hall, J.W., Port disruptions due to natural disasters: Insights into port and logistics resilience, Transportation Research Part D 85, 102393, 2020; bibliographic record read via Crossref, abstract not read. Elsevier. Observation year 2020. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-48\"><span class=\"nrp-notes-n\">48<\/span><span>UNVERIFIED, not opened: IMO (ed.), International Ship and Port Facility Security Code, 2004 (SOLAS chapter XI-2), cited from memory. International Maritime Organization, London. Observation year 2004. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-49\"><span class=\"nrp-notes-n\">49<\/span><span>UNVERIFIED, not opened: UNCTAD (ed.), Review of Maritime Transport 2024: Navigating maritime chokepoints; named in the SDG 9 storyline [5], not opened. UN Trade and Development, Geneva. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><li id=\"nx-nrp-gs-09-ref-50\"><span class=\"nrp-notes-n\">50<\/span><span>UNVERIFIED, not opened: World Bank (ed.), Rural Access Index, SDG indicator 9.1.1; the custodian storyline in the SDG Extended Report is empty and the index was not retrieved. World Bank, Washington. Observation year 2023. Accessed 2026-11-03. <span class=\"nrp-cell-u\">Cited in chapter 6<\/span><\/span><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cc-s2\" aria-labelledby=\"nx-nrp-gs-09-cc-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cc-s2-h\"><span class=\"nrp-num\">C.2<\/span><span>Publication record<\/span><\/h2><div class=\"nrp-split\"><div><h3 class=\"nrp-h3\">Publication<\/h3><dl class=\"nrp-dl\"><dt>Title<\/dt><dd>Global Infrastructure and Logistics Risk &amp; Resilience Report 2026: Baseline Edition<\/dd><dt>Series<\/dt><dd>Reports \u00b7 Global Sector Series GS-09<\/dd><dt>Edition<\/dt><dd>Baseline Edition 2026 \u00b7 inaugural annual<\/dd><dt>Version<\/dt><dd>v1.0.0 \u00b7 draft for stewardship review<\/dd><dt>Publication ID<\/dt><dd>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-v1.0.0<\/dd><dt>Evidence close<\/dt><dd>30 September 2026<\/dd><dt>Publication date<\/dt><dd>October 2026<\/dd><dt>DOI<\/dt><dd>concept and version DOI at deposit<\/dd><\/dl><\/div><div><h3 class=\"nrp-h3\">Publisher<\/h3><dl class=\"nrp-dl\"><dt>Publisher of record<\/dt><dd>The Global Centre for Risk and Innovation (GCRI), for the Nexus Consortium<\/dd><dt>Place<\/dt><dd>Toronto<\/dd><dt>Editor<\/dt><dd>Saeed Valadbaygi, Chief Steward and Managing Editor<\/dd><dt>Stewards<\/dt><dd>GCRI \u00b7 technical truth \u00b7 GRF \u00b7 public meaning \u00b7 GRA \u00b7 capital meaning<\/dd><dt>Licence<\/dt><dd>text CC BY 4.0; data on the terms of each source<\/dd><dt>Copyright<\/dt><dd>\u00a9 2026 GCRI \u00b7 Nexus Consortium<\/dd><dt>Language<\/dt><dd>English (en-GB) source edition<\/dd><dt>Correspondence<\/dt><dd>Registry correction pathway \u00b7 editorial office<\/dd><\/dl><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">DISCLAIMER<\/p><p>This edition is published for research, planning and public understanding. It is not a government assessment, an official warning, a rating, a certification, investment advice or an operational authorisation. Reasonable care has been taken with every source; consult the cited originals before relying on any value.<\/p><\/aside><h3 class=\"nrp-h3\">Colophon<\/h3><dl class=\"nrp-dl\"><dt>Format<\/dt><dd>A4 portrait \u00b7 screen, print and archival PDF<\/dd><dt>Typefaces<\/dt><dd>Space Grotesk (display) \u00b7 Geist (text) \u00b7 IBM Plex Sans Italic (standfirsts) \u00b7 IBM Plex Mono (data)<\/dd><dt>Design standard<\/dt><dd>Reports Foundational Edition, Volume I, Part VII<\/dd><dt>Accessibility<\/dt><dd>tagged PDF and HTML targets; text alternatives for every figure<\/dd><dt>Production<\/dt><dd>Reports editorial team, GCRI<\/dd><\/dl><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">HOW TO CORRECT THIS EDITION<\/p><p>Report errors, omissions or objections through the Registry correction pathway. Each report is logged and answered; upheld corrections are published as notices with a new version, and the original remains resolvable.<\/p><\/aside><h3 class=\"nrp-h3\">Release path for this version<\/h3><div class=\"nrp-tblw\" id=\"nx-nrp-gs-09-cc-tab1\"><table class=\"nrp-tbl\"><caption><span class=\"nf-ui-eyebrow\">Table C.1<\/span><span class=\"nrp-tbl-t\">Release path for this version<\/span><\/caption><thead><tr><th scope=\"col\">Step<\/th><th scope=\"col\">What happens<\/th><th scope=\"col\">When<\/th><\/tr><\/thead><tbody><tr><td>Draft<\/td><td>editorial self-check complete at evidence close<\/td><td>October 2026<\/td><\/tr><tr><td>Steward review<\/td><td>five passes on the exact draft (keys T \u00b7 M \u00b7 F \u00b7 N)<\/td><td>Q4 2026<\/td><\/tr><tr><td>Approval<\/td><td>publication authority approves the exact digest<\/td><td>before release<\/td><\/tr><tr><td>Deposit<\/td><td>concept and version DOI minted; registry pointer set<\/td><td>at release<\/td><\/tr><tr><td>Succession<\/td><td>the 2027 infrastructure and logistics edition reports changes against this baseline<\/td><td>2027<\/td><\/tr><\/tbody><\/table><\/div><div class=\"nrp-split\"><div><dl class=\"nrp-dl\"><dt>Current version<\/dt><dd>v1.0.0 draft, stewardship review<\/dd><dt>Previous edition<\/dt><dd>none, first edition of the series<\/dd><dt>Next edition<\/dt><dd>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2027-v1.0.0<\/dd><\/dl><\/div><div><dl class=\"nrp-dl\"><dt>Latest version<\/dt><dd>resolve the concept DOI or the registry record<\/dd><dt>Correction route<\/dt><dd>Registry correction pathway<\/dd><dt>Notice types<\/dt><dd>erratum \u00b7 addendum \u00b7 supersession \u00b7 withdrawal<\/dd><\/dl><\/div><\/div><aside class=\"nrp-call\"><p class=\"nf-ui-eyebrow\">NO CORRECTIONS \u2260 NO LIMITS<\/p><p>The absence of corrections does not mean the absence of limitations. Limitations and uncertainty are stated where they arise in the edition.<\/p><\/aside><\/section><div id=\"nx-nr-gs-09-corrections\"><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cc-s3\" aria-labelledby=\"nx-nrp-gs-09-cc-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cc-s3-h\"><span class=\"nrp-num\">C.3<\/span><span>Corrections log<\/span><\/h2><div class=\"nx-nr-corr\"><p class=\"nx-nr-corr-sum\"><span class=\"nx-nr-corr-n\">0<\/span><span>correction notices. No edition has been released yet, so none can be corrected; the log below lists each edition&#8217;s current version.<\/span><\/p><div class=\"nx-table-wrap\"><table class=\"nx-table nx-rd-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Edition<\/th><th scope=\"col\">Version<\/th><th scope=\"col\">Date<\/th><th scope=\"col\">State<\/th><th scope=\"col\">Change<\/th><th scope=\"col\">Notice<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Edition\"><span class=\"nx-rd-code\">GS-09<\/span><\/td><td data-label=\"Version\" class=\"nx-rd-mono\">NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-v1.0.0<\/td><td data-label=\"Date\">October 2026<\/td><td data-label=\"State\">Draft<\/td><td data-label=\"Change\">Baseline Edition 2026, inaugural annual edition,<\/td><td data-label=\"Notice\">None<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nx-rd-source\">Notice types: erratum, addendum, supersession, withdrawal. A correction is a new version with a published notice; the earlier version stays resolvable, and no edition is ever edited in silence.<\/p><\/div><\/section><\/div><div id=\"nx-nr-gs-09-outputs\"><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cc-s4\" aria-labelledby=\"nx-nrp-gs-09-cc-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cc-s4-h\"><span class=\"nrp-num\">C.4<\/span><span>Open record<\/span><\/h2><div class=\"nx-nr-os\"><div class=\"nx-nr-os-card\"><h3>This edition&#8217;s open record<\/h3><dl class=\"nx-nr-os-kv\"><dt>Publication ID<\/dt><dd>NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-v1.0.0<\/dd><dt>Desk identifier and series alias<\/dt><dd>NR-SEC-GS-09-2026-BL<\/dd><dt>Collection<\/dt><dd>None<\/dd><dt>DOI<\/dt><dd>Concept and version DOI at deposit, on Zenodo with DataCite metadata<\/dd><dt>Versions<\/dt><dd>Each correction is a new version (isNewVersionOf); the concept DOI resolves to the latest<\/dd><dt>Bundle<\/dt><dd>RO-Crate 1.2 with CITATION.cff, CodeMeta and PROV-O provenance; a signed manifest<\/dd><dt>Licence<\/dt><dd><a class=\"nx-link\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\" rel=\"noopener\">CC BY 4.0<\/a> (SPDX CC-BY-4.0) for original material; metadata CC0 1.0<\/dd><\/dl><\/div><div class=\"nx-nr-os-card\"><h3>Credit and identity<\/h3><dl class=\"nx-nr-os-kv\"><dt>ORCID<\/dt><dd>Your iD in the deposit and the contribution record; DataCite can then add the work to your ORCID record<\/dd><dt>ROR<\/dt><dd>Your organisation by its ROR identifier, never by a typed name alone<\/dd><dt>CRediT<\/dt><dd>Conceptualization, Data curation, Formal analysis, Investigation, Methodology, Software, Validation, Visualisation, Writing, review and editing<\/dd><dt>Account<\/dt><dd>None needed to contribute; never a password<\/dd><\/dl><\/div><div class=\"nx-nr-os-card\"><h3>Find and follow<\/h3><p class=\"nx-p\">Search the open indexes for Global Infrastructure, Transport and Logistics; software is cited by its SWHID from Software Heritage, and a quantified scenario run is preregistered on OSF before it is run. Annotation is your choice: Hypothesis opens this page in its own viewer.<\/p><ul class=\"nx-nr-os-links\"><li><a href=\"https:\/\/openalex.org\/works?search=Nexus%20Reports%20Global%20Infrastructure%2C%20Transport%20and%20Logistics\" rel=\"noopener\">OpenAlex<\/a><\/li><li><a href=\"https:\/\/explore.openaire.eu\/search\/find?fv0=Nexus%20Reports%20Global%20Infrastructure%2C%20Transport%20and%20Logistics&amp;f0=q\" rel=\"noopener\">OpenAIRE<\/a><\/li><li><a href=\"https:\/\/search.crossref.org\/search\/works?q=Nexus%20Reports%20Global%20Infrastructure%2C%20Transport%20and%20Logistics\" rel=\"noopener\">Crossref<\/a><\/li><li><a href=\"https:\/\/commons.datacite.org\/?query=Nexus%20Reports%20Global%20Infrastructure%2C%20Transport%20and%20Logistics\" rel=\"noopener\">DataCite Commons<\/a><\/li><li><a href=\"https:\/\/zenodo.org\/search?q=Nexus%20Reports%20Global%20Infrastructure%2C%20Transport%20and%20Logistics\" rel=\"noopener\">Zenodo<\/a><\/li><li><a href=\"https:\/\/archive.softwareheritage.org\/\" rel=\"noopener\">Software Heritage<\/a><\/li><li><a href=\"https:\/\/osf.io\/prereg\/\" rel=\"noopener\">OSF preregistration<\/a><\/li><li><a href=\"https:\/\/via.hypothes.is\/https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\" rel=\"noopener\">Annotate with Hypothesis<\/a><\/li><\/ul><\/div><div class=\"nx-nr-os-card\"><h3>Mirrors and harvest<\/h3><p class=\"nx-p\">The DOI is canonical. At release each signed bundle is also given an IPFS content identifier and a bloxberg anchor as mirrors; both are listed in the record once they exist. Zenodo exposes every record over OAI-PMH, and reviews and endorsements can arrive through COAR Notify where the repository supports it.<\/p><\/div><\/div><div class=\"nx-mt-3\"><figure class=\"nx-nr-code\"><figcaption class=\"nx-nr-code-cap\">InvenioRDM metadata for a contribution on Global Infrastructure, Transport and Logistics, prefilled from this page<\/figcaption><pre class=\"nx-nr-pre\" tabindex=\"0\"><code>{&#10;  &quot;metadata&quot;: {&#10;    &quot;resource_type&quot;: {&#10;      &quot;id&quot;: &quot;dataset&quot;&#10;    },&#10;    &quot;title&quot;: &quot;Evidence on Global Infrastructure, Transport and Logistics for Nexus Reports&quot;,&#10;    &quot;publication_date&quot;: &quot;YYYY-MM-DD&quot;,&#10;    &quot;creators&quot;: [&#10;      {&#10;        &quot;person_or_org&quot;: {&#10;          &quot;type&quot;: &quot;personal&quot;,&#10;          &quot;family_name&quot;: &quot;Your family name&quot;,&#10;          &quot;given_name&quot;: &quot;Your given name&quot;,&#10;          &quot;identifiers&quot;: [&#10;            {&#10;              &quot;scheme&quot;: &quot;orcid&quot;,&#10;              &quot;identifier&quot;: &quot;0000-0000-0000-0000&quot;&#10;            }&#10;          ]&#10;        },&#10;        &quot;affiliations&quot;: [&#10;          {&#10;            &quot;id&quot;: &quot;ROR identifier of your organisation&quot;&#10;          }&#10;        ]&#10;      }&#10;    ],&#10;    &quot;description&quot;: &quot;What it is, where its record is kept and how it bears on Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure, Transport and Logistics..&quot;,&#10;    &quot;rights&quot;: [&#10;      {&#10;        &quot;id&quot;: &quot;cc-by-4.0&quot;&#10;      }&#10;    ],&#10;    &quot;subjects&quot;: [&#10;      {&#10;        &quot;subject&quot;: &quot;Nexus Reports&quot;&#10;      },&#10;      {&#10;        &quot;subject&quot;: &quot;Global Infrastructure, Transport and Logistics&quot;&#10;      },&#10;      {&#10;        &quot;subject&quot;: &quot;Global Sector Report \u00b7 GS-09&quot;&#10;      }&#10;    ],&#10;    &quot;related_identifiers&quot;: [&#10;      {&#10;        &quot;identifier&quot;: &quot;https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/&quot;,&#10;        &quot;scheme&quot;: &quot;url&quot;,&#10;        &quot;relation_type&quot;: {&#10;          &quot;id&quot;: &quot;issupplementto&quot;&#10;        },&#10;        &quot;resource_type&quot;: {&#10;          &quot;id&quot;: &quot;publication-report&quot;&#10;        }&#10;      }&#10;    ],&#10;    &quot;version&quot;: &quot;1.0.0&quot;&#10;  },&#10;  &quot;custom_fields&quot;: {},&#10;  &quot;access&quot;: {&#10;    &quot;record&quot;: &quot;public&quot;,&#10;    &quot;files&quot;: &quot;public&quot;&#10;  },&#10;  &quot;files&quot;: {&#10;    &quot;enabled&quot;: true&#10;  },&#10;  &quot;parent&quot;: {&#10;    &quot;communities&quot;: {&#10;      &quot;default&quot;: &quot;nexusreports&quot;&#10;    }&#10;  }&#10;}<\/code><\/pre><\/figure><\/div><div class=\"nx-nr-os-hook\" data-nx-research-hub=\"slot\" data-nx-research-context=\"{&quot;org&quot;:&quot;GCRI&quot;,&quot;site&quot;:&quot;gcri&quot;,&quot;url&quot;:&quot;https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/&quot;,&quot;kind&quot;:&quot;edition&quot;,&quot;subject&quot;:&quot;Global Infrastructure, Transport and Logistics&quot;,&quot;series&quot;:[&quot;Global Sector Report \u00b7 GS-09&quot;]}\" hidden><\/div><\/section><\/div><div id=\"nx-nr-gs-09-pillars\"><section class=\"nrp-block\" id=\"nx-nrp-gs-09-cc-s5\" aria-labelledby=\"nx-nrp-gs-09-cc-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-gs-09-cc-s5-h\"><span class=\"nrp-num\">C.5<\/span><span>Where this edition sits among the six pillars<\/span><\/h2><p class=\"nrp-stand\">Foundry seals the evidence and Universe tests it; Reports publishes it; Standards takes its corrections and Academy teaches from it.<\/p><ol class=\"nx-pl-list\"><li data-pillar=\"foundry\" data-hue=\"infrastructure\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>F03 Sealed observations and indicator series<\/strong> <span class=\"nx-pl-in\">Foundry<\/span> Sealed observations and indicator series behind a profile (closeout).<\/li><li data-pillar=\"universe\" data-hue=\"water\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>F04 After-action and scenario findings for<\/strong> <span class=\"nx-pl-in\">Universe<\/span> After-action and scenario findings for chapters 10 and 13 (after action review).<\/li><li data-pillar=\"foundry\" data-hue=\"infrastructure\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>F05 National Portfolio movement for chapter<\/strong> <span class=\"nx-pl-in\">Foundry<\/span> National Portfolio movement for chapter 11 (after action review).<\/li><li data-pillar=\"standards\" data-hue=\"biodiversity\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>Applied in editions<\/strong> <span class=\"nx-pl-in\">Standards<\/span> <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/\" data-tc=\"Nexus Standards\" data-tk=\"Nexus Standards\" data-td=\"The foundation standards\">Nexus Standards<\/a>: applied in editions.<\/li><li data-pillar=\"reports\" data-hue=\"energy\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>GS-09 edition<\/strong> <span class=\"nx-pl-in\">Reports<\/span> Global Infrastructure and Logistics 2026, published in every format with its sources, citation and corrections.<\/li><li data-pillar=\"standards\" data-hue=\"biodiversity\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>F06 Method and correction findings as change<\/strong> <span class=\"nx-pl-in\">Standards<\/span> Method and correction findings as change proposals (correction).<\/li><li data-pillar=\"universe\" data-hue=\"water\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>F12 Q4 synthesis informs the next-year<\/strong> <span class=\"nx-pl-in\">Universe<\/span> Q4 synthesis informs the next-year mandate (renewal).<\/li><li data-pillar=\"academy\" data-hue=\"risk\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><strong>Taught in the open<\/strong> <span class=\"nx-pl-in\">Academy<\/span> Risk Academy: taught in the open.<\/li><\/ol><p class=\"nx-caption\"><span>What Foundry and Universe hand to this edition, and what it hands to Standards, Universe and Academy. From the programme spine; GS-09 is a drafted Baseline Edition, so these handoffs run from its first operational quarter.<\/span><\/p><ul class=\"nx-pl-legend\" aria-label=\"Pillars\"><li data-pillar=\"labs\" data-hue=\"social\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><a class=\"nx-link\" href=\"https:\/\/therisk.global\/nexus-labs\/\">Labs<\/a><\/li><li data-pillar=\"foundry\" data-hue=\"infrastructure\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><a class=\"nx-link\" href=\"https:\/\/therisk.global\/nexus-foundry\/\">Foundry<\/a><\/li><li data-pillar=\"universe\" data-hue=\"water\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><a class=\"nx-link\" href=\"https:\/\/universe.nexus\/\">Universe<\/a><\/li><li data-pillar=\"standards\" data-hue=\"biodiversity\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><a class=\"nx-link\" href=\"https:\/\/nexustandards.com\/\">Nexus Standards<\/a><\/li><li data-pillar=\"reports\" data-hue=\"energy\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><a class=\"nx-link\" href=\"https:\/\/therisk.global\/nexus-reports\/\">Reports<\/a><\/li><li data-pillar=\"academy\" data-hue=\"risk\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><a class=\"nx-link\" href=\"https:\/\/risksacademy.com\/\">Risk Academy<\/a><\/li><\/ul><div class=\"nx-table-wrap\"><table class=\"nx-table nx-rd-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Handoff<\/th><th scope=\"col\">Between<\/th><th scope=\"col\">What crosses, and when<\/th><\/tr><\/thead><tbody><tr data-pillar=\"foundry\"><td><span class=\"nx-rd-code\">F03<\/span><\/td><td>Foundry to Reports<\/td><td>Sealed observations and indicator series behind a profile (closeout).<\/td><\/tr><tr data-pillar=\"universe\"><td><span class=\"nx-rd-code\">F04<\/span><\/td><td>Universe to Reports<\/td><td>After-action and scenario findings for chapters 10 and 13 (after action review).<\/td><\/tr><tr data-pillar=\"foundry\"><td><span class=\"nx-rd-code\">F05<\/span><\/td><td>Foundry to Reports<\/td><td>National Portfolio movement for chapter 11 (after action review).<\/td><\/tr><tr data-pillar=\"standards\"><td><span class=\"nx-rd-code\">Ring<\/span><\/td><td>Nexus Standards to Reports<\/td><td>Nexus Standards: applied in editions.<\/td><\/tr><tr data-pillar=\"standards\"><td><span class=\"nx-rd-code\">F06<\/span><\/td><td>Reports to Nexus Standards<\/td><td>Method and correction findings as change proposals (correction).<\/td><\/tr><tr data-pillar=\"universe\"><td><span class=\"nx-rd-code\">F12<\/span><\/td><td>Reports to Universe<\/td><td>Q4 synthesis informs the next-year mandate (renewal).<\/td><\/tr><tr data-pillar=\"academy\"><td><span class=\"nx-rd-code\">Ring<\/span><\/td><td>Reports to Risk Academy<\/td><td>Risk Academy: taught in the open.<\/td><\/tr><\/tbody><\/table><\/div><\/section><\/div><\/div><\/article><\/div><\/div><div class=\"nrp-noprint\"><section id=\"nx-sec-nr-gateway\" class=\"nx-section\" data-hue=\"systemic\" data-tone=\"alt\" aria-labelledby=\"nx-nr-gateway-h\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">Reports<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Contribute<\/span><\/div><h2 id=\"nx-nr-gateway-h\" class=\"nx-section-title\">Send evidence or a correction on Global Infrastructure, Transport and Logistics.<\/h2><p class=\"nx-lede\">Reports is the Consortium&#8217;s quarterly publication, written by six desks. This page sits with the GCRI <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">Systems<\/a> Evidence desk. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work. Sent to the wrong desk, it is forwarded, not refused.<\/p><div class=\"nx-chips\"><span class=\"nx-chip\">GCRI Systems Evidence desk<\/span><span class=\"nx-chip\">Global Sector Risk and Resilience<\/span><\/div><\/div><div class=\"nx-section-body\"><ul class=\"nx-dest\"><li><a class=\"nx-dest-card\" href=\"https:\/\/therisk.global\/nexus-reports\/write-to-us\/contact\/\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Email<\/span><span class=\"nx-dest-host\">Gateway GW-GCRI<\/span><\/span><span class=\"nx-dest-title\">Send it from this page<\/span><span class=\"nx-dest-why\">Evidence, a correction, a case, a method, a review, a translation or profile input. It arrives tagged with this page, so the editor who owns it receives it.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><li><a class=\"nx-dest-card\" href=\"https:\/\/therisk.global\/nexus-reports\/open-science\/#nx-sec-zenodo\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Zenodo<\/span><span class=\"nx-dest-host\">Open deposit<\/span><\/span><span class=\"nx-dest-title\">Deposit it and submit to the community<\/span><span class=\"nx-dest-why\">Publish your own record on Zenodo with your ORCID iD, then submit it to the Reports community there. Curators review it; the DOI stays yours.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><li><a class=\"nx-dest-card\" href=\"https:\/\/therisk.global\/nexus-reports\/contribute\/#nx-sec-routing\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Reports<\/span><span class=\"nx-dest-host\">GCRI<\/span><\/span><span class=\"nx-dest-title\">See which desk takes what you have<\/span><span class=\"nx-dest-why\">The routing table opens the contribution page: what you have, the desk that takes it, how each contribution is reviewed and credited, and the licence.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><\/ul><div class=\"nx-live-slot\" data-nxf-slot=\"contribute\" data-nxf-kind=\"workflow\" data-nxf-resource=\"nexus:\/\/gcri\/nexus-reports\/editions\/gs-09\/full#contribute\" data-nxf-title=\"Contribute evidence\" data-nxf-height=\"480\" hidden><\/div><p class=\"nx-note nx-mt-3\">Never send personal data, sensitive infrastructure detail or anything you have no right to share. A contribution is reviewed before use; sending it confers no authorship or editorial rights, and sponsorship never buys a finding.<\/p><\/div><\/div><\/section><\/div><p class=\"nx-note\" data-nr-rights=\"true\"><a class=\"nx-link\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY 4.0<\/a> Free to read. Text and figures: CC BY 4.0. Data: CC0 1.0. Authors keep copyright. Published by GCRI Canada.<\/p><section class=\"nx-section nx-deeper-band\" aria-labelledby=\"nx-deeper-therisk-global-nexus-reports-editions-gs-09-full-h\"><div class=\"nx-container\"><nav class=\"nx-deeper\" aria-labelledby=\"nx-deeper-therisk-global-nexus-reports-editions-gs-09-full-h\" data-nx-deeper=\"3\" data-nx-resources=\"1 1 1\"><h2 class=\"nx-deeper-h\" id=\"nx-deeper-therisk-global-nexus-reports-editions-gs-09-full-h\">Go deeper<\/h2><ul><li><a href=\"https:\/\/docs.therisk.global\/organization\/model\/scenarios\/urban-flood\" data-ext><span class=\"nx-deeper-k\">Documentation:<\/span> Urban flood<span class=\"nx-deeper-x\" aria-hidden=\"true\">\u2197<\/span><span class=\"nx-deeper-sr\"> (opens another site)<\/span><\/a><\/li><li><a href=\"https:\/\/risksacademy.com\/risk-science\/risk-information-standards\/\" data-ext><span class=\"nx-deeper-k\">Academy:<\/span> Risk information standards and interoperability<span class=\"nx-deeper-x\" aria-hidden=\"true\">\u2197<\/span><span class=\"nx-deeper-sr\"> (opens another site)<\/span><\/a><\/li><li><a href=\"https:\/\/nexustandards.com\/data\/identification-standards\/\" data-ext><span class=\"nx-deeper-k\">Standards:<\/span> Identification (the UNI)<span class=\"nx-deeper-x\" aria-hidden=\"true\">\u2197<\/span><span class=\"nx-deeper-sr\"> (opens another site)<\/span><\/a><\/li><\/ul><\/nav><\/div><\/section><\/div><\/div><script class=\"_iub_cs_skip\">window.__nxMount ? window.__nxMount(document.currentScript) : null;<\/script><style>@media print { @page { margin: 20mm 17mm 20mm 17mm; @top-left { content: \"Nexus Reports\"; font: 500 7.5pt \"IBM Plex Mono\", monospace; color: #4a4a4a; } @top-right { content: \"Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\\002019 s Infrastructure, Transport and Logistics. \\0000b7  Baseline Edition 2026\"; font: 400 7.5pt \"IBM Plex Sans\", sans-serif; color: #4a4a4a; } @bottom-left { content: \"NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE \\0000b7  Draft, not released\"; font: 400 7pt \"IBM Plex Mono\", monospace; color: #4a4a4a; } @bottom-center { content: \"CC BY 4.0. Free to read. Authors keep copyright.\"; font: 400 6.5pt \"IBM Plex Sans\", sans-serif; color: #4a4a4a; } @bottom-right { content: counter(page) \" \/ \" counter(pages); font: 500 7.5pt \"IBM Plex Mono\", monospace; color: #000000; } } @page :first { @top-left { content: none; } @top-right { content: none; } } html, body { background: #ffffff; } nexus-header, nexus-footer, #wpadminbar, .site-header, .site-footer, #masthead, #colophon, .sidebar, .widget-area, .comments-area, .post-navigation, .entry-meta, .page-header, .elementor-location-header, .elementor-location-footer, body > header, body > footer { display: none; } .nxe-host { margin: 0; padding: 0; } }<\/style><script>(function () { var D = document; function hosts(f) { var h = D.querySelectorAll(\".nxe-host\"); for (var i = 0; i < h.length; i++) { f(h[i].shadowRoot ? h[i].shadowRoot : h[i]); } } function reveal() { hosts(function (r) { var b = r.querySelectorAll(\"[data-nrp-act][hidden]\"); for (var i = 0; i < b.length; i++) { b[i].hidden = false; } }); } function say(el, t) { var p = el; while (p) { var l = p.querySelector ? p.querySelector(\".nrp-live\") : null; if (l) { l.textContent = t; return; } p = p.parentElement; } } D.addEventListener(\"click\", function (e) { var path = e.composedPath ? e.composedPath() : [e.target]; for (var i = 0; i < path.length; i++) { var el = path[i]; var act = el.getAttribute ? el.getAttribute(\"data-nrp-act\") : null; if (act === \"print\") { window.print(); return; } if (act === \"copy\") { var t = el.getAttribute(\"data-nrp-text\"); if (navigator.clipboard) { navigator.clipboard.writeText(t).then(function () { say(el, \"Copied.\"); }, function () { say(el, \"CLIPBOARD_UNAVAILABLE: select the text and copy it.\"); }); } else { say(el, \"CLIPBOARD_UNAVAILABLE: select the text and copy it.\"); } return; } } }); if (D.readyState === \"loading\") { D.addEventListener(\"DOMContentLoaded\", reveal); } else { reveal(); } addEventListener(\"load\", reveal); setTimeout(reveal, 1500); })();<\/script>\n\n\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Report\",\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/#report\",\"name\":\"Global Infrastructure and Logistics 2026: complete edition\",\"headline\":\"Global Infrastructure and Logistics 2026: complete edition\",\"description\":\"The complete Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure.\",\"inLanguage\":\"en\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/#webpage\"},\"author\":{\"@id\":\"https:\/\/therisk.global\/#organization\",\"@type\":\"Organization\",\"name\":\"The Global Centre for Risk and Innovation\",\"url\":\"https:\/\/therisk.global\/\",\"alternateName\":\"GCRI\"},\"publisher\":{\"@id\":\"https:\/\/therisk.global\/#organization\"},\"license\":\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\",\"isAccessibleForFree\":true,\"creativeWorkStatus\":\"Draft\"}]}<\/script>\n\n<!-- nx-rev:baf6e46e8401f78b -->\n<!-- nx-shared:dc07efbb07b6 -->\n<!-- nx-path:\/editions\/gs-09\/full\/ -->","protected":false},"excerpt":{"rendered":"<p>The complete Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure.<\/p>\n","protected":false},"author":0,"featured_media":0,"parent":660,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_buddyx_sub_header_visibility":"","_buddyx_sub_header_title_visibility":"","_hide_show_side_panel":"","_buddyxpro_page_sidebar":"","_buddyxpro_page_disable_header":"","_buddyxpro_page_disable_footer":"","_buddyxpro_page_content_width":"","_buddyxpro_page_header_style":"","_buddyxpro_page_color_mode":"","_buddyxpro_page_loader":"","_nx_seo_description":"The complete Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure.","_nx_seo_title":"Global Infrastructure and Logistics 2026 | Reports GCRI","_nx_seo_image":"","_nx_seo_jsonld":"{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/#webpage\",\"url\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/\",\"name\":\"Global Infrastructure and Logistics 2026: complete edition\",\"creativeWorkStatus\":\"Draft\",\"description\":\"The complete Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure.\",\"inLanguage\":\"en\",\"isPartOf\":{\"@id\":\"https:\/\/therisk.global\/nexus-reports\/#website\"},\"license\":\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\",\"publisher\":{\"@id\":\"https:\/\/therisk.global\/#organization\"},\"breadcrumb\":{\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/#breadcrumbs\"}},{\"@type\":\"Report\",\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/#complete\",\"name\":\"Global Infrastructure and Logistics 2026\",\"url\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/\",\"identifier\":[{\"@type\":\"PropertyValue\",\"propertyID\":\"NR\",\"value\":\"NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE-v1.0.0\"},{\"@type\":\"PropertyValue\",\"propertyID\":\"NR-alias\",\"value\":\"NR-SEC-GS-09-2026-BL\"}],\"reportNumber\":\"NR-SECTOR-INFRASTRUCTURE-GLOBAL-2026-BASELINE\",\"version\":\"1.0.0\",\"inLanguage\":\"en\",\"license\":\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\",\"creativeWorkStatus\":\"Draft\",\"publisher\":{\"@id\":\"https:\/\/therisk.global\/#organization\"},\"editor\":{\"@type\":\"Person\",\"name\":\"Saeed Valadbaygi\",\"jobTitle\":\"Chief Steward and Managing Editor\",\"affiliation\":{\"@id\":\"https:\/\/therisk.global\/#organization\"}},\"author\":{\"@id\":\"https:\/\/therisk.global\/#organization\"},\"isPartOf\":{\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/#report\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/therisk.global\/nexus-reports\/#website\",\"url\":\"https:\/\/therisk.global\/nexus-reports\/\",\"name\":\"Reports \u00b7 GCRI\",\"publisher\":{\"@id\":\"https:\/\/therisk.global\/#organization\"}},{\"@type\":\"Organization\",\"@id\":\"https:\/\/therisk.global\/#organization\",\"name\":\"The Global Centre for Risk and Innovation\",\"alternateName\":\"GCRI\",\"url\":\"https:\/\/therisk.global\/\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/#breadcrumbs\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Reports\",\"item\":\"https:\/\/therisk.global\/nexus-reports\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Editions: the Reports catalogue\",\"item\":\"https:\/\/therisk.global\/nexus-reports\/editions\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Global Infrastructure and Logistics Risk and Resilience Report 2026: Baseline Edition, The State of the World\u2019s Infrastructure, Transport and Logistics.\",\"item\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Global Infrastructure and Logistics 2026: complete edition\",\"item\":\"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/\"}]}]}","_nx_i18n_locale":"","_nx_i18n_group":"","nexus_page_kind":"","footnotes":"","_nrp_robots":"noindex","_nrp_edition":"660","_nx_seo_image_alt":"","_nx_seo_canonical":"https:\/\/therisk.global\/nexus-reports\/editions\/gs-09\/full\/","_nx_seo_robots":"noindex,follow","_nx_seo_schema_type":"Report"},"class_list":["post-1066","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/pages\/1066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/types\/page"}],"replies":[{"embeddable":true,"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/comments?post=1066"}],"version-history":[{"count":0,"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/pages\/1066\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/pages\/660"}],"wp:attachment":[{"href":"https:\/\/therisk.global\/nexus-reports\/wp-json\/wp\/v2\/media?parent=1066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}