Mark Mosely: The challenge was to deal with a different kind of risk than that which is normally found in these traditional risk allocation matrices.
What we have to do, what Nick Merritt and his team have to do, was to put their thinking caps on and ask the question – how would this port project deal with the risk of new technologies in sea transportation? How would that road project deal with the prospect of a greater move to a time of self-driving vehicles? How would that power project deal with low cost renewables coming onto the market?
All of these challenges were ones that we ought to be thinking about, but frankly a lot of countries aren’t thinking about.