The interminable swinging pendulum between sovereign and private investment hesitation on one hand and an industry unsure of its use of choice of zero carbon fuels on the other has to be broken. Who will break the chain and how will a breakthrough be reached?
The World Bank is in the process of reforming its well-known Port Reform Toolkit, which has been used by countries and their ports to establish what is now seen as the standard private-public concessioning model of a landlord port. Since then, energy transition, accelerated digitalization and the need for greater resilience to shocks as well as port community demands for port authorities to act as community builders challenge that model. In this session delegates will get an insight into the new World Bank Port Reform Toolkit in the making and how this will support future-proof port governance in practice.