Pub Date : 2022-09-23DOI: 10.55898/wappp2022_innov_ppp_urbmob
Jaishree Jindel, D. Jose
Developing an economy requires evolving infrastructure needs and investments. Public Private Partnerships (PPPs) have been critical and have eased the government stress of investments in infrastructure by bringing in economic development with improved efficiencies and cost optimisations. The private sector participation in India's transport sector has been majorly focusing on capital intensive transport infrastructure developments like highways, airports or ports. It is still at an early learning curve of PPP in terms of less capital heavy projects or service delivery-oriented contracts. The lessons and learnings of decades of doing road PPPs is now being expanded to other sectors like water, solid waste, as well as urban transit. The paper discusses the innovative PPP models in the mobility sector for the case cities of Amritsar, Kochi, and Surat in India. The E-Auto shift from diesel autos in Amritsar, private bus aggregation of individual operators to company in Kochi, and the women owned operator CNG auto in Surat; and the innovations undertaken by government entities by assuming the role of a facilitator, regulatory and contract manager to support private sector in filling the service gaps is documented in the paper. The paper also documents the need for a more demand responsive operation planning, better risk allocation, and balanced contract conditions to make the sector lucrative for the private sector players.
{"title":"Innovative PPP models in urban mobility sector: A case study of three Indian cities: Amritsar, Kochi and Surat","authors":"Jaishree Jindel, D. Jose","doi":"10.55898/wappp2022_innov_ppp_urbmob","DOIUrl":"https://doi.org/10.55898/wappp2022_innov_ppp_urbmob","url":null,"abstract":"Developing an economy requires evolving infrastructure needs and investments. Public Private Partnerships (PPPs) have been critical and have eased the government stress of investments in infrastructure by bringing in economic development with improved efficiencies and cost optimisations. The private sector participation in India's transport sector has been majorly focusing on capital intensive transport infrastructure developments like highways, airports or ports. It is still at an early learning curve of PPP in terms of less capital heavy projects or service delivery-oriented contracts. The lessons and learnings of decades of doing road PPPs is now being expanded to other sectors like water, solid waste, as well as urban transit. The paper discusses the innovative PPP models in the mobility sector for the case cities of Amritsar, Kochi, and Surat in India. The E-Auto shift from diesel autos in Amritsar, private bus aggregation of individual operators to company in Kochi, and the women owned operator CNG auto in Surat; and the innovations undertaken by government entities by assuming the role of a facilitator, regulatory and contract manager to support private sector in filling the service gaps is documented in the paper. The paper also documents the need for a more demand responsive operation planning, better risk allocation, and balanced contract conditions to make the sector lucrative for the private sector players.","PeriodicalId":271961,"journal":{"name":"WAPPP Journal","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124488642","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-05DOI: 10.55898/wappp2022_climate_risks_ppps
Jyoti Bisbey, Chang-Boong Lee, Patrick Ryan
Climate change is one of the largest threats to global economic growth and financial stability. While international cooperation to address climate change has increased in recent years, progress has been limited in transition to more climate-proof infrastructure management. Stakeholders involved in infrastructure development must urgently understand and integrate climate-related risks (CRR) from all three physical, transition, and liability aspects. As public-private partnerships (PPPs) are a key modality in delivering infrastructure projects, PPP process cycle provides many venues to proactively manage CRR that could arise throughout the whole infrastructure life cycle. To such an end, this paper identifies the specificities of CRR for infrastructure PPPs, providing illustrations on the relevant types of climate-related risks, conceptual analyses of the systemic implications, broader ecosystem-wide considerations facing the key stakeholders as well as granular practical recommendations to adapt the PPP process cycle. Finally, the broader considerations for key stakeholders, particularly the public sector, policymakers, and private sector are discussed. In doing so, this paper aims to contribute towards the development of good practices among PPP practitioners and stakeholders for managing climate-related risks. Keywords: stranded assets, valuation, public investment planning, infrastructure economics, climate change, public-private partnerships
{"title":"Integrating Climate Risk Management in infrastructure PPPs in Developing CountriesER CONSIDERATIONS","authors":"Jyoti Bisbey, Chang-Boong Lee, Patrick Ryan","doi":"10.55898/wappp2022_climate_risks_ppps","DOIUrl":"https://doi.org/10.55898/wappp2022_climate_risks_ppps","url":null,"abstract":"Climate change is one of the largest threats to global economic growth and financial stability. While international cooperation to address climate change has increased in recent years, progress has been limited in transition to more climate-proof infrastructure management. Stakeholders involved in infrastructure development must urgently understand and integrate climate-related risks (CRR) from all three physical, transition, and liability aspects. As public-private partnerships (PPPs) are a key modality in delivering infrastructure projects, PPP process cycle provides many venues to proactively manage CRR that could arise throughout the whole infrastructure life cycle. To such an end, this paper identifies the specificities of CRR for infrastructure PPPs, providing illustrations on the relevant types of climate-related risks, conceptual analyses of the systemic implications, broader ecosystem-wide considerations facing the key stakeholders as well as granular practical recommendations to adapt the PPP process cycle. Finally, the broader considerations for key stakeholders, particularly the public sector, policymakers, and private sector are discussed. In doing so, this paper aims to contribute towards the development of good practices among PPP practitioners and stakeholders for managing climate-related risks. Keywords: stranded assets, valuation, public investment planning, infrastructure economics, climate change, public-private partnerships","PeriodicalId":271961,"journal":{"name":"WAPPP Journal","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126680100","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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