Public-Private Partnerships for Transport Infrastructure

Exploring Conditions and Links to Sustainability

    Research output: Contribution to conferencePaperResearchpeer-review

    Abstract

    The provision of transport infrastructure and services creates fundamental value to society. With traditional sources of transport public funding running short, governments around the world are increasingly turning to public-private finance (PPPs) as a promising tool of public infrastructure project provision. PPPs have proven to be attractive to governments around the world, including Australia, Belgium, Canada, France, Spain, the UK and USA. Sustainability is a priority for many governments and a variety of tools and planning procedures exists for evaluating and assessing economic, environmental and social impacts related to regular transport public project procurement. The literature on transport infrastructure PPPs evaluations is extensive but lacks an explicit systematic reporting linking the PPP process and results to key sustainability principles. This paper contributes to filling this gap presenting the results of a literature study and exploratory review which offers an: 1) identification of key principles of transport sustainability from the literature, that have significance to infrastructure PPPs process and implementation assessment; 2) an overview of challenges that can be posed in infrastructure PPPs implementation concerning sustainability highlighted from the literature and, 3) suggest consideration of three steps: articulation, integration and evaluation and the suggestion that they can become framing elements to emphasize the correspondence between conditions for sustainability in the PPP lifecycle process. The review and analysis presented supports the following conclusions: Although flexibility needs to prevail in every PPP process, when a society’s objective is to achieve greater balance between PPP’s and sustainability, opportunities will be stronger when there is: a) the adoption of a systematic approach that is applied early in the process and runs throughout the entire PPP lifecycle process as exemplified here 2) the establishment of a strong publicly-accountable decision-making authority capable of following the approach through and 3) the commitment not only of the public but of the private actor as well, to act perhaps motivated by corporate social responsibility, committing to bringing innovation and transparency in their efforts for advancing sustainability.
    Original languageEnglish
    Publication date2014
    Number of pages19
    Publication statusPublished - 2014
    EventThe Melbourne PPP Conference 2014: The Challenge of Governance - Monash University Law Chambers, Melbourne, Australia
    Duration: 7 Oct 20149 Oct 2014
    http://monash.edu/news/show/the-challenge-of-governing-with-public-private-partnerships

    Workshop

    WorkshopThe Melbourne PPP Conference 2014
    LocationMonash University Law Chambers
    CountryAustralia
    CityMelbourne
    Period07/10/201409/10/2014
    Internet address

    Bibliographical note

    CBS Library does not have access to the material

    Cite this

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    title = "Public-Private Partnerships for Transport Infrastructure: Exploring Conditions and Links to Sustainability",
    abstract = "The provision of transport infrastructure and services creates fundamental value to society. With traditional sources of transport public funding running short, governments around the world are increasingly turning to public-private finance (PPPs) as a promising tool of public infrastructure project provision. PPPs have proven to be attractive to governments around the world, including Australia, Belgium, Canada, France, Spain, the UK and USA. Sustainability is a priority for many governments and a variety of tools and planning procedures exists for evaluating and assessing economic, environmental and social impacts related to regular transport public project procurement. The literature on transport infrastructure PPPs evaluations is extensive but lacks an explicit systematic reporting linking the PPP process and results to key sustainability principles. This paper contributes to filling this gap presenting the results of a literature study and exploratory review which offers an: 1) identification of key principles of transport sustainability from the literature, that have significance to infrastructure PPPs process and implementation assessment; 2) an overview of challenges that can be posed in infrastructure PPPs implementation concerning sustainability highlighted from the literature and, 3) suggest consideration of three steps: articulation, integration and evaluation and the suggestion that they can become framing elements to emphasize the correspondence between conditions for sustainability in the PPP lifecycle process. The review and analysis presented supports the following conclusions: Although flexibility needs to prevail in every PPP process, when a society’s objective is to achieve greater balance between PPP’s and sustainability, opportunities will be stronger when there is: a) the adoption of a systematic approach that is applied early in the process and runs throughout the entire PPP lifecycle process as exemplified here 2) the establishment of a strong publicly-accountable decision-making authority capable of following the approach through and 3) the commitment not only of the public but of the private actor as well, to act perhaps motivated by corporate social responsibility, committing to bringing innovation and transparency in their efforts for advancing sustainability.",
    author = "Figueroa, {Maria J.} and Carsten Greve",
    note = "CBS Library does not have access to the material; null ; Conference date: 07-10-2014 Through 09-10-2014",
    year = "2014",
    language = "English",
    url = "http://monash.edu/news/show/the-challenge-of-governing-with-public-private-partnerships",

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    Public-Private Partnerships for Transport Infrastructure : Exploring Conditions and Links to Sustainability. / Figueroa, Maria J.; Greve, Carsten.

    2014. Paper presented at The Melbourne PPP Conference 2014, Melbourne, Australia.

    Research output: Contribution to conferencePaperResearchpeer-review

    TY - CONF

    T1 - Public-Private Partnerships for Transport Infrastructure

    T2 - Exploring Conditions and Links to Sustainability

    AU - Figueroa, Maria J.

    AU - Greve, Carsten

    N1 - CBS Library does not have access to the material

    PY - 2014

    Y1 - 2014

    N2 - The provision of transport infrastructure and services creates fundamental value to society. With traditional sources of transport public funding running short, governments around the world are increasingly turning to public-private finance (PPPs) as a promising tool of public infrastructure project provision. PPPs have proven to be attractive to governments around the world, including Australia, Belgium, Canada, France, Spain, the UK and USA. Sustainability is a priority for many governments and a variety of tools and planning procedures exists for evaluating and assessing economic, environmental and social impacts related to regular transport public project procurement. The literature on transport infrastructure PPPs evaluations is extensive but lacks an explicit systematic reporting linking the PPP process and results to key sustainability principles. This paper contributes to filling this gap presenting the results of a literature study and exploratory review which offers an: 1) identification of key principles of transport sustainability from the literature, that have significance to infrastructure PPPs process and implementation assessment; 2) an overview of challenges that can be posed in infrastructure PPPs implementation concerning sustainability highlighted from the literature and, 3) suggest consideration of three steps: articulation, integration and evaluation and the suggestion that they can become framing elements to emphasize the correspondence between conditions for sustainability in the PPP lifecycle process. The review and analysis presented supports the following conclusions: Although flexibility needs to prevail in every PPP process, when a society’s objective is to achieve greater balance between PPP’s and sustainability, opportunities will be stronger when there is: a) the adoption of a systematic approach that is applied early in the process and runs throughout the entire PPP lifecycle process as exemplified here 2) the establishment of a strong publicly-accountable decision-making authority capable of following the approach through and 3) the commitment not only of the public but of the private actor as well, to act perhaps motivated by corporate social responsibility, committing to bringing innovation and transparency in their efforts for advancing sustainability.

    AB - The provision of transport infrastructure and services creates fundamental value to society. With traditional sources of transport public funding running short, governments around the world are increasingly turning to public-private finance (PPPs) as a promising tool of public infrastructure project provision. PPPs have proven to be attractive to governments around the world, including Australia, Belgium, Canada, France, Spain, the UK and USA. Sustainability is a priority for many governments and a variety of tools and planning procedures exists for evaluating and assessing economic, environmental and social impacts related to regular transport public project procurement. The literature on transport infrastructure PPPs evaluations is extensive but lacks an explicit systematic reporting linking the PPP process and results to key sustainability principles. This paper contributes to filling this gap presenting the results of a literature study and exploratory review which offers an: 1) identification of key principles of transport sustainability from the literature, that have significance to infrastructure PPPs process and implementation assessment; 2) an overview of challenges that can be posed in infrastructure PPPs implementation concerning sustainability highlighted from the literature and, 3) suggest consideration of three steps: articulation, integration and evaluation and the suggestion that they can become framing elements to emphasize the correspondence between conditions for sustainability in the PPP lifecycle process. The review and analysis presented supports the following conclusions: Although flexibility needs to prevail in every PPP process, when a society’s objective is to achieve greater balance between PPP’s and sustainability, opportunities will be stronger when there is: a) the adoption of a systematic approach that is applied early in the process and runs throughout the entire PPP lifecycle process as exemplified here 2) the establishment of a strong publicly-accountable decision-making authority capable of following the approach through and 3) the commitment not only of the public but of the private actor as well, to act perhaps motivated by corporate social responsibility, committing to bringing innovation and transparency in their efforts for advancing sustainability.

    M3 - Paper

    ER -

    Figueroa MJ, Greve C. Public-Private Partnerships for Transport Infrastructure: Exploring Conditions and Links to Sustainability. 2014. Paper presented at The Melbourne PPP Conference 2014, Melbourne, Australia.