ABSTRACT

This chapter outlines the movement beyond national frameworks to international frameworks. This most closely reflects the international nature of delivering the services associated with critical infrastructure and moves somewhat away from the administratively driven protection of physical infrastructure. The public and private infrastructure owners establish an infrastructure bank, with the support of the insurance industry, that can maintain levels of contingency funds on one hand while also working to improve mitigation and preparedness activities that would ultimately reduce the costs associated with the response and recovery from disasters or similar events. With an increasing understanding that many of the infrastructures operate internationally, the potential risk, even if remote, must be watched for carefully. This is particularly true during difficult economic times and credit restructuring, where private sector entities will seek to gain or establish any advantage that they can.