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Road safety impact bonds a financial business case - Certificate of merit safety of road users and road workers
Rob McInerney Chief Executive Officer, International Road Assessment Programme (iRAP)
Hafez Alavi Senior Road Safety Research Analyst, Transport Accident Commission (TAC)
Bill Bui Senior Network Safety Officer, VicRoads,
Dean Hislop Senior Traffic Engineer, Royal Automobile Club, Victoria (RACV), Australia
Road infrastructure safety investments worldwide can provide very high returns on investment with benefit cost ratios in excess of 5 to 1 and internal rates of return of 30% plus common. iRAP together with road authority and development bank partners worldwide are exploring the potential of Social Impact Bonds and similar innovative investment vehicles to be applied to infrastructure road safety improvements to capture these benefits in a sustainable funding model that saves lives.