The state of São Paulo has pioneered contractual innovation in road concessions, developing robust and flexible mechanisms to tackle the growing and unpredictable climate risks facing infrastructure.
The climate crisis has moved from a distant threat to a central element in the management of infrastructure assets in Brazil. With recent extreme events such as the floods in Rio Grande do Sul and the landslides along the São Paulo coast, the concession sector has been forced to rethink its models. The year 2025, one of the hottest on record according to the WMO (World Meteorological Organization), highlighted that infrastructure must be resilient and, above all, adaptable.
In the state of São Paulo, this reality demanded a shift in approach for road concessions. The state government, through its Investment Partnership Program (PPI), began adopting an innovative strategy: in