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Governance Narrative - TWG Working Pape Governance Narrative - TWG Working Paper #4

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Size 10.32 MB

Filedate 2022-12-09

Filename PBSP alternative narratives Nov 2022.pdf

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Created 2022-12-08

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Pacific Blue Shipping Partnership - Governance Narrative

Domestic Shipping is an essential societal need and critical infrastructure for Pacific Island Countries (PICs). Innovative use of no-regrets climate financing (including GCF, GHG levy revenues, bilateral assistance, etc) presents as the only option for breaking the current low CapEx, medium OpEx, self-risk model that dominates the PBSP BAU fleet replacement cycle to a high CapEx, medium OpEx, insured model essential for providing appropriate shipping solutions in these countries.