EnviCom WG230 – How to Attract Green Funding for Nature-Based Navigation Infrastructure
Objectives of WG230
Describe the options and practical steps to take for navigation infrastructure managers and developers to attract funding from institutional investors for their nature-based infrastructure projects.
For full Terms of Reference please see here.
In the past decades development of Nature-based Solutions (NbS) for navigation infrastructure gained considerable attention in the port and waterway community.
However, barriers seem to stand in the way for wide-scale application of NbS for navigation infrastructure. Known barriers by developers and managers are, for example, assumed additional costs, fear of change or lack of interest or support (Envicom report 176).
The financial sector, however, shows a considerable appetite for so-called ‘green investments’. This category is driven by both fiscal stimuli and a growing community of investors with a green interest.
When the appetite for financing green infrastructure is linked to NbS for navigation infrastructure, adoption and roll-out of NbS will be accelerated.
WG230’s mission is to show how. The report will be written as general guidance for infrastructure developers and managers to explore and enhance funding opportunities of green projects.
PIANC ANZ is calling for applications from our region for participation on this WG.
If you would like to represent the Australian & New Zealand National Section of PIANC on this Working Group we would be delighted to receive your application. Please advise if you qualify as a Young Professional (YP – 40 years or younger) as there are two positions available, one of which is for a YP.
How to Apply:
Please forward your application before Friday 16 October 2020 to:
Marika Calfas (EnviCom Commission Lead ANZ)
and Greg Britton, (Head Commission Lead ANZ)
Your application should include a detailed CV/Resume with a short covering letter outlining:
1. Your experience in the particular technical field;
2. Why the WG is relevant for the Australian / NZ content and the direct benefits of participation;
3. A commitment that upon return from an overseas meeting, you will prepare (for distribution to all members) a short report providing an overview & outcomes of the WG meeting etc;
4. Whether or not you are seeking to access TAP funding; and
5. Whether you qualify as a Young Professional.
All nominations must be received no later than 16 October 2020. Please note that this group has already held its first meeting but would welcome representation from Australia and New Zealand.
Please note that Working Group Members need to be Individual Members of PIANC, working for a Corporate Member or Platinum Partner, be an invited expert or a be a member of a Sister Organisation.
A Selection Committee will review all nominations received and make a final recommendation to the PIANC A&NZ Chair.
Please be aware that membership of a Working Group does require your active participation. This includes attending Working Group meetings (pre-Covid -19 this was usually at international locations) or as a ‘Corresponding Member’ if you do not want to undertake the normal travel requirements of full membership. If you are expert in the field and would like to influence the outcome of the Working Group we encourage you to participate as fully as you are able.
All costs associated with membership must be borne by either yourself or your employer, however PIANC Australia & New Zealand has recently introduced a Travel Assistance Policy to partially assist with travel & attendance at Working Group meetings, in order to promote Australian and New Zealand technical input into these important WG activities. Many of our members are currently active on a select number of PIANC Working Groups and they do produce significant outcomes that benefit maritime matters in our region. Under the TAP, up to $2,000 funds are payable post travel upon the successful completion of a WG Summary Report and production of relevant travel receipts.