Fast-Infra Sustainable Infrastructure Label
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The FAST-Infra Label is a globally applicable labelling system designed to identify and evaluate sustainable infrastructure projects, with the overarching objective of supporting infrastructure and creating a liquid asset class. It aims to enable all market players, including developers, operators, and investors to show the positive impact of an infrastructure asset, and attract investors seeking assets which positively contribute to sustainable outcomes. A key motivation behind the FAST-Infra Label is not to reinvent the wheel, but to build on existing standards, frameworks, and taxonomies to create a comprehensive framework and set of sustainability criteria that takes into account best practices and evolves with changes in the market. To account for this, the label is based on an extensive mapping against 25+ leading standards, frameworks, and principles in the market.
Application of the FAST-Infra Label enables comparability of metrics across sustainable infrastructure assets. It informs developers of best practices and streamlines their ability to get an initial review before financing a sustainable infrastructure project. The label aims to act as a one-stop solution for sustainability labelling. The more infrastructure projects use the certification, the more important and effective it could become as a marker for sustainable infrastructure projects on the market. The label is awarded in a self-assessed form as well as a verified form if the project participates in a third party verification process.
The FAST-Infra framework is based on four dimensions of sustainability: Environmental Sustainability, Social Sustainability, Governance, and Adaptation and Resilience. To qualify for the Fast-Infra Label, infrastructure assets need to adhere to 14 sustainability objectives across those four dimensions.