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Arctic project development: testing the law? - Legal challenges of large Infrastructure projects - The example of the Finnafjord Port

Organized by the University of Iceland Faculty of Law and bremenports GmbH & Co. KG 7. September 2017

The Session aims at highlighting the legal challenges of infrastructure development in the Arctic, mainly from the viewpoint of Icelandic law. It will focus on environmental law, harbour law and concession regimes, which play an important role if private capital is to be attracted to environmentally sensitive projects. The FINNAFJORD HARBOUR PROJECT in North-Eastern Iceland will be used to illustrate challenges in this respect.


Saturday, October 14, 11:20 - 12:20
Location: Esja, Fifth Level

The moderated session will bring together four speakers from various backgrounds, including project development organisations as well as academia. The Session is partially based on findings of a research project on Arctic law which is administered inter alia by the University of Iceland, Faculty of Law, and sponsored by the Government of Iceland.

Speakers:

  • Aðalheiður Jóhannsdóttir, Professor of Law, Dean of Faculty of Law, University of Iceland: Environmental impact assessment regulations, from a general point of view and/or in the specific context of greenfield port development projects
  • Friðrik Árni Friðriksson Hirst, Co-Director of the Arctic Law Institute, University of Iceland, and Attorney at Juri: General provisions of the Harbour Act no. 61/2003 and their application to large-scale greenfield port development projects. What issues does the Harbour Act pose with regard to private ownership and financing of ports, including bankability
  • Lars Stemmler, bremenports GmbH & Co. KG, Head of International Projects: Use of public-private partnerships (PPP) for the provision and financing of complex infrastructure development projects – possible legal and political implications
  • James E. Pass, Guggenheim Partners LLC, Senior Managing Director, Municipal and Infrastructure Sector Manager and Portfolio Manager: Legal requirements from an project developer´s point of view, in particular concessioning – Case study Finnafjord

Chair:

Robert Howe, Managing Director, bremenports GmbH & Co. KG