The Future Impact of ICT on Environmental Sustainability

Total Page:16

File Type:pdf, Size:1020Kb

The Future Impact of ICT on Environmental Sustainability Institute for Futures Studies and Technology Assessment (IZT) Swiss Federal Laboratories for Materials Testing and Research Sustainable Information Technology Unit (EMPA-SIT) Forum for the Future International Institute for Industrial Environmental Economics at Lund University (IIIEE) The future impact of ICT on environmental sustainability Second Interim Report “Script” Lorenz Erdmann (IZT) Siegfried Behrendt (IZT) submitted to Institute for Prospective Technological Studies (IPTS), Sevilla Berlin, May 2003 Chapter 1 Legal notice Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use which might be made of the following information. © European Communities, 2003. Reproduction is authorized provided the source is acknowledged. 2 Executive Summary EXECUTIVE SUMMARY In the script the following ten key trends in ICT with low uncertainty have been identified: 1. Moore’s law continues for 10-15 years 2. Increasing context sensitivity 3. Wireless and mobile networks spread and converge 4. Widespread broadband access 5. Embedded computing and extension of networks into daily appliances 6. Growth of ICT markets 7. Ongoing built-up of ICT infrastructure 8. Parallel development of licensed and free software 9. Improved reliability of authentification systems 10. Improvement of existing ICT services and new location based services The scope of the investigation covers the following 10 fields and 7 indicators: freight passenger modal energy Share of GHG Daily transport transport split consumpt renewabl emissions waste volume volume ion es First order ICT industry x(i) ICT use x(d, t) x(d, t) Second and third order E-business x x x(i, t) x(d, t) Telework and virtual x x(d, t) meetings Virtual goods x(d, t) Waste management x(d, t) Intelligent transport x x x systems Energy supply x(d, t, i) x x Facility management x(d, t) Production process x(d,t) management d: domestic, i: industry, t: tertiary For each of the 10 fields a fact sheet of the following structure has been prepared: - definition and scope - data on diffusion - data on environmental indicators - variables - external factors These fact sheets, exploring important factors and uncertainties are the basis for the scenario- building and modelling and also contain information in which areas policy can steer towards environmental sustainability. i Preface PREFACE The aim of task 2 is to lay the entire data basis for the project. The following figure shows the worksteps of the call for tender and how they are considered in the script: Workstep The broad perspective 2.1 ICT ICT trends applications Selection Selection Workstep In depth analysis (Fact sheets) 2.2 - definition and scope Factors/ - data on diffusion events - data on environmental indicators - variables Uncertainty - external factors Selection Workstep Draft script 2.3 Workstep Project meeting 2.4 Workstep Interim report 2 2.5 iii Preface Workstep 2.1: The aim of workstep 2.1 is to give a broad perspective of the future trends and developments of ICT. On the one hand technological and economic developments in the ICT sector have been identified, on the other hand a synopsis of ICT-applications relevant to the environmental indicators has been compiled. The technological and economic developments in the ICT sector (chapter 2) have been analysed by evaluating existing studies on the future course of ICT. Main data sources are IPTS Technology maps and material of the eEurope 2002 and eEurope 2005 initiatives. Six main areas mainly addressed in these reports are investigated: microelectronics, new functions, networks, ICT devices and infrastructure, software and knowledge management and, finally, services and applications. ICT trends and developments in these areas have been analysed by estimating the expected time horizons and giving a rationale for the uncertainty. Ten key trends with low uncertainty have been selected. In order to give one of several inputs for the scenario building additionally other key factors/events for the development of ICT were identified in a brainstorming in an in-house workshop at IZT. They have been classified by their estimated probability and impact on diffusion of ICT. A broad overview of ICT-applications discussed in scientific literature with regard to their environmental impact is given in the synopsis (chapter 3). Based upon the principal sustainability strategies and the chosen sector/indicator-combinations (1st interim report) the ICT-applications have been clustered into the following fields: virtual goods, virtual mobility, e- business, intelligent transport systems, energy demand, energy supply and waste management. The principal second order effects of these strategies on the environmental indicators have been assessed to identify key interactions of ICT-applications and the indicators. The same has been carried out for the first order effects of ICT industry and ICT use. Third order effects are dealt with in the in-depth analysis (Workstep 2.2). Main data sources evaluated include two studies carried out for the European Union: The “Atlas-Project” (ATLAS 1997) and “Telematic applications for sustainable energy management” (IZT, ETSU 1999). Furthermore various studies prepared by the project partners and other research institutions were analysed to close data gaps. The potential effects on the environmental indicators are screened. A selection for the in-depth analysis was carried out by a semi-quantitative assessment of the impact on the environmental indicators. Additionally the quality of data is characterised briefly to give an impression in which fields the data basis is still insufficient. This has to be taken into account for political action. The selected ICT-applications are analysed in detail in workstep 2.2. Workstep 2.2: Workstep 2.2 contains an in-depth analysis of factors and events. In each of the fact sheets derived from workstep 2.1 a scope of the areas investigated is defined. Then data on diffusion of the ICT-applications and the factors/events that influence their uptake in the EU have been gathered and structured. Data for main environmental effects identified in workstep 2.1 have been compiled from many different single studies and analysed. For both the diffusion of the ICT-applications and environmental effects most relevant variables have been extracted. The degree of uncertainty has been estimated for each of the variables. Furthermore the relation of external factors to variables is assessed and explained in the form of a rationale. The selection is preliminary, as Forum for the Future will add and drop some additional variables for building the scenarios. Workstep 2.3: Data from 2.1 and 2.2 have been condensed into a draft script. Workstep 2.4: A discussion of the draft script has taken place on 22 April 2003 in Barcelona. Workstep 2.5: The 2nd interim report documents the data basis for project, results of workstep 2.4 and additional comprehensive comments by IPTS on the draft script. iv CONTENTS EXECUTIVE SUMMARY............................................................................................................................I PREFACE ................................................................................................................................................... III 1 INTRODUCTION ................................................................................................................................ 1 2 METHODOLOGICAL FRAMEWORK........................................................................................... 3 2.1 Innovation and diffusion of ICT................................................................................................... 3 2.2 The socio-economic context......................................................................................................... 5 2.3 Environmental effects................................................................................................................... 6 3 KEY TRENDS IN SELECTED FIELDS OF ICT............................................................................ 9 3.1 Microelectronics ......................................................................................................................... 10 3.2 New functions ............................................................................................................................. 10 3.3 Networks ..................................................................................................................................... 11 3.4 ICT devices and interfaces.......................................................................................................... 14 3.5 Software and knowledge management....................................................................................... 16 3.6 Services and applications............................................................................................................ 18 3.7 Conclusion .................................................................................................................................. 20 Digression: Alternative future courses of the ICT sector......................................................................... 21 4 SYNOPSIS........................................................................................................................................... 23 4.1 Shaping the synopsis................................................................................................................... 23 4.1.1 Where are
Recommended publications
  • Technology Options for the European Electronic Toll Service
    DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT B: STRUCTURAL AND COHESION POLICIES TRANSPORT AND TOURISM TECHNOLOGY OPTIONS FOR THE EUROPEAN ELECTRONIC TOLL SERVICE STUDY This document was requested by the European Parliament's Committee on Transport and Tourism. AUTHORS Steer Davies Gleave - Francesco Dionori, Lucia Manzi, Roberta Frisoni Universidad Politécnica de Madrid - José Manuel Vassallo, Juan Gómez Sánchez, Leticia Orozco Rendueles José Luis Pérez Iturriaga – Senior Consultant Nick Patchett - Pillar Strategy RESPONSIBLE ADMINISTRATOR Marc Thomas Policy Department Structural and Cohesion Policies European Parliament B-1047 Brussels E-mail: [email protected] EDITORIAL ASSISTANCE Nóra Révész LINGUISTIC VERSIONS Original: EN ABOUT THE PUBLISHER To contact the Policy Department or to subscribe to its monthly newsletter please write to: [email protected] Manuscript completed in April 2014. © European Union, 2014. This document is available on the Internet at: http://www.europarl.europa.eu/studies DISCLAIMER The opinions expressed in this document are the sole responsibility of the author and do not necessarily represent the official position of the European Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the publisher is given prior notice and sent a copy. DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT B: STRUCTURAL AND COHESION POLICIES TRANSPORT AND TOURISM TECHNOLOGY OPTIONS FOR THE EUROPEAN ELECTRONIC TOLL SERVICE STUDY Abstract This study has been prepared to review current and future technological options for the European Electronic Toll Service. It discusses the strengths and weaknesses of each of the six technologies currently in existence. It also assesses on-going technological developments and the way forward for the European Union.
    [Show full text]
  • Alternative Ways of Funding Public Transport
    Alternative Ways of Funding Public Transport A Case Study Assessment Barry Ubbels1, Peter Nijkamp1, Erik Verhoef1, Steve Potter2, Marcus Enoch2 1 Department of Spatial Economics, Free University Amsterdam, The Netherlands 2 Faculty of Technology, The Open University, Walton Hall, Milton Keynes, United Kingdom EJTIR, 1, no.1 (2001), pp. 73 - 89 Received: July 2000 Accepted: August 2000 Public transport traditionally has been, and still is, heavily subsidised by local or national governments, which have been motivated by declining average cost arguments, social considerations, and the desire to offer an alternative to private car use. Conventional sources for funding, including general taxes on labour, in many occasions have become harder to sustain for various reasons. This paper explores alternative, increasingly implemented, sources of funding, i.e., local charges or taxes that are hypothecated to support (urban) public transport (such as local sales taxes, parking charges etc.). Based on an overview of several case-studies all over the world, it is found that there is a large potential for applying unconventional charging mechanisms. Not only as means of raising financial support for public transport systems, but also as a method of sending appropriate (from a sustainable point of view) pricing signals to transport use. 1. Introduction Public transport refers to a collective transport system, which is made available, usually against payment, for any person who wishes to use it. Public transportation services can be provided at various scale levels and can take different forms. Common in many cities is the public bus and to a lesser extent the tram. Fewer countries have underground services or rapid rail.
    [Show full text]
  • Autopista Central, S.A. the Valuation of a Toll Road Project in Chile
    The Fuqua School of Business at Duke University FUQ-04-2010 Rev. April 30, 2010 Autopista Central, S.A. The Valuation of a Toll Road Project in Chile Manuel Flores arrived to his office in Madrid on Monday after a relaxing weekend spent with his family. It was mid-November 2007 and Flores, senior vice-president of Business Development for the Spanish construction and services company ACS, had spent the last three weeks visiting ACS project sites in Latin America. Upon his return to Spain, he had had gone to a three-day infrastructure and project finance conference in Majorca where many of the most important players in the industry had been in attendance. At the conference Flores was approached by Juan Albán from the toll-road and airport operator Abertis and Sergio Sandoval from the private equity arm of Santander Bank who had an interesting proposition for him. Specifically, Albán and Sandoval expressed considerable interest in jointly buying ACS’ stake in a 61 kilometer toll-road that the firm had constructed and was now co- operating in the Chilean capital of Santiago. ACS had a 48% equity stake in this venture known in Chile as Autopista Central or “Central Highway” which had received investment of more than USD 800 million by 2007. Although some had recently begun to speculate that world asset prices had reached a peak, companies like Abertis and Santander still had appetite for infrastructure projects that they viewed as being relatively safe investments. Flores, Albán, and Sandoval had had a series of informal meetings regarding Autopista Central at the conference in which the group decided that Flores would discuss the idea of a sale of ACS’ stake with the firm’s CEO, Florentino Pérez, as soon as possible.
    [Show full text]
  • “War of Platforms” the Rivalry Between Cable and DSL to Win the “Triple Play” Customer
    “War of Platforms” The rivalry between Cable and DSL to win the “Triple Play” Customer Executive Summary Competition shifts from individual services to Triple Play Today, television cable as well as DSL are in a position to offer TV, Internet and telephony as a product bundle (“Triple Play“). Thus, for the first time, direct competition ensues between these infrastructures. Throughout Europe, the Triple Play market will grow rapidly, increasing from the current € 0.7 billion to approximately € 7.5 billion by 2010, reflecting a tenfold increase. TV-over-DSL will be utilized by approximately 1.4 million German households by 2010 In the near future, the largest German infrastructure-based DSL providers will be aggressively marketing and offering DSL television. However, in contrast to other European countries, the market potential is limited by the structure of the TV market. TV cable goes Triple Play: 1.6 million German broadband Internet customers by 2010 Cable television is facing an impending growth spurt. Due to accelerated upgrading of the networks, cable will have achieved a 9% market share of broadband households by 2010. Infrastructure platforms are breaking ground in new product territories Cable Satellite DSL DTT TV Analogue TV & Radio Digital Basic TV & Radio Basic Pay-TV Premium Pay-TV NVoD / PPV HDTV uni -uni directional PVR * iTV Standard Partial VoD Potential Internet High Speed Internet Broadband Content Portal bi –bi directional * Telephony Basic Telephone Service Mobile Mobile (Basic, Home Zone) Source: Solon © 2005 Solon Management Consulting War of Platforms “War of Platforms” “Television via Internet“, ”high-speed Internet via televison cable“, “Voice-over-IP“, “Internet In frastructures are via mobile networks” – the operators of various broadband infrastructures (television cable, breaking ground in DSL, UMTS) are advancing into new domains and creating competition for one another.
    [Show full text]
  • Corredor Sur Trust
    OFFERING MEMORANDUM US$150,000,000 CORREDOR SUR TRUST 6.95% Notes due 2025 The Issuer, BG Trust, Inc., not in its individual capacity, but solely as trustee of the Corredor Sur Trust, formed under Law 1 of 1984 of the Republic of Panama, pursuant to an irrevocable trust agreement to be entered into with ICA Panama, S.A., as settlor and secondary beneficiary, will issue the notes. The Issuer will pay interest and principal on the notes on the 25th day of each May, August, November and February of each year, commencing on August 25, 2005 in the case of interest and on August 25, 2008 in the case of principal. The notes will mature on May 25, 2025. The Issuer may, at its option, redeem some or all of the notes at any time after the third anniversary of the date of issuance of the notes at the redemption prices described in this offering memorandum. The Issuer may also redeem the notes at any time in the event of certain tax law changes requiring payment of additional amounts as described in this offering memorandum. The notes will be senior secured obligations of the Issuer and will rank equally without any preference among themselves. The notes will be secured by a first priority lien on substantially all of the assets of the Issuer. The primary beneficiary under the trust agreement will be The Bank of New York, as trustee under the indenture governing the notes. Under an assignment agreement, ICA Panama, S.A. will assign to the Issuer certain of its rights, including its rights to receive tolls generated by the Corredor Sur toll road in Panama City under a concession granted by the Panamanian government, proceeds from certain ancillary service agreements, and certain payments from the Panamanian government, in each case as more fully described herein.
    [Show full text]
  • 2.2. Broadband Speeds 37 2.3
    DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT A: ECONOMIC AND SCIENTIFIC POLICY INDUSTRY, RESEARCH AND ENERGY Entertainment x.0 to Boost Broadband Deployment STUDY Abstract We explore the definition of broadband and explain its interaction with European policy goals; analyse available data in order provide a detailed, objective and realistic picture of the broadband deployment, adoption, and usage situation in the EU from a number of different perspectives; and assess the drivers of broadband today, with particular emphasis on audiovisual and entertainment services. Measures to promote demand in general and the distribution of IP- based audiovisual content in particular, would appear to be warranted. IP/A/ITRE/ST/2012-18 October 2013 PE 507.479 EN This document was requested by the European Parliament's Committee on Industry, Research and Energy AUTHORS Mr J Scott Marcus (WIK-Consult GmbH) Ms Ilsa Godlovitch(WIK-Consult GmbH) Mr Pieter A Nooren (TNO) Mr Dieter Elixmann(WIK-Consult GmbH) Mr Bram van den Ende (TNO) with the support of Prof Jonathan Cave (RAND Europe) RESPONSIBLE ADMINISTRATORS Mr Fabrizio Porrino Mr Mariusz Maciejewski Policy Department A: Economic and Scientific Policy European Parliament B-1047 Brussels E-mail: [email protected] LINGUISTIC VERSIONS Original: EN ABOUT THE EDITOR To contact the Policy Department A or to subscribe to its newsletter please write to: PoldepH [email protected] Manuscript completed in October 2013. © European Union, 2013. This document is available on the Internet at: http://www.europarl.europa.eu/studies DISCLAIMER The opinions expressed in this document are the sole responsibility of the author and do not necessarily represent the official position of the European Parliament.
    [Show full text]
  • The German Internet Industry 2016-2019 the German Industry 2016-2019 Internet
    The German Internet Industry 2016-2019 The German Industry 2016-2019 Internet WE ARE SHAPING THE INTERNET. Table of Contents 1. Introduction .5 1.1 Reality check of the claims in the previous studies .6 1.2 Infographic explaining the underlying concepts of the market model .7 2. The German Internet Industry in Facts and Figures .10 2.1 Projections 2012–2019 .10 2.2 The Impact of the Commercial Internet on Germany as an Industry Location .13 3. A detailed look at the individual layers and segments .16 of the Internet industry 3.1 NETWORK, INFRASTRUCTURE & OPERATIONS .16 3.1.1 Colocation & Housing .18 3.1.2 Internet Exchanges .20 3.1.3 Internet Backbone, Transit & CDN .22 3.1.4 Fixed Internet Access Network .24 3.1.5 Mobile Internet Access Network .26 3.2 SERVICES & APPLICATIONS .28 3.2.1 Cloud Computing – Public IaaS .30 3.2.2 Cloud Computing – Public PaaS .32 3.2.3 Cloud Computing – Public SaaS .34 3.2.4 Web Hosting & Domains .36 3.3 AGGREGATION & TRANSACTIONS .38 3.3.1 Online Advertising & Internet Presence .40 3.3.2 Portals & Classified Marketplaces .42 3.3.3 Billing & Payment .44 3.3.4 E-Commerce B2B .46 3.3.5 E-Commerce B2C .48 3.4 PAID CONTENT .50 3.4.1 Gaming .52 3.4.2 Gambling .54 3.4.3 TV & Video .56 3.4.4 Music & Radio .58 3.4.5 E-Publishing .60 4. 20 Years of eco in Germany .62 4.1 eco is shaping the Internet .62 4.2 The Development of eco in figures .63 4.3 Worldwide Distribution of Member Companies .64 4.4 eco Services .65 5.
    [Show full text]
  • Do Digital Information Technologies Help Unemployed Job Seekers Find a Job? Evidence from the Broadband Internet Expansion in Germany
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Gürtzgen, Nicole; Nolte, André; Pohlan, Laura; van den Berg, Gerard J. Working Paper Do Digital Information Technologies Help Unemployed Job Seekers Find a Job? Evidence from the Broadband Internet Expansion in Germany IZA Discussion Papers, No. 11555 Provided in Cooperation with: IZA – Institute of Labor Economics Suggested Citation: Gürtzgen, Nicole; Nolte, André; Pohlan, Laura; van den Berg, Gerard J. (2018) : Do Digital Information Technologies Help Unemployed Job Seekers Find a Job? Evidence from the Broadband Internet Expansion in Germany, IZA Discussion Papers, No. 11555, Institute of Labor Economics (IZA), Bonn This Version is available at: http://hdl.handle.net/10419/180573 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence.
    [Show full text]
  • All Options at a Glance Changes, Please See Our Website: BOOKING Register Online Or Using the App Or by PHONE: SMS Option Description Call 1155
    All options at a glance www.ortelmobile.de please see our website: Changes, BOOKING register online or using the app or BY PHONE: SMS Option Description call 1155. Send text to 55300. National calls International calls Options Then press: SMS content: 300 minutes for German domestic calls, calls from Germany to landline and mobile networks in the countries listed below as well as calls within and between the countries listed below: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, 750 MB CROSS 300 Min. Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, in 8-1-7-1 CROSS An option for Europe Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and UK. + Internet package with a data volume of up to 750 MB for in Europe Price/30 Days: €20,00* use in Germany and the countries listed above. Europe Register for an additional data volume of 500 MB for €9 (text DATAX) 180 minutes for calls to all networks in Austria, Belgium, Bulgaria, China, Croatia, Czech Republic, France, Germany, Greece, Hungary, India, Italy, the 180 Min. Netherlands, Poland, Portugal, Romania, Spain, Thailand, UK and USA + E-Plus/o2 Flat – unlimited calls to the entire E-Plus/o2 network + high-speed SMART 180 + E-Plus / o2 network 180 MB --- SMART180 Price/30 Days: €9,90* Internet Flat up to 180 MB. Register for additional new high-speed volume for €3 (text SPEEDS) (unlimited) 500 minutes for calls to all networks in Austria, Belgium, Bulgaria, China, Croatia, Czech Republic, France, Germany, Greece, Hungary, India, Italy, the 500 Min.
    [Show full text]
  • Relatoriojota2007.Pdf
    50th Jamboree On The Air 20- 21 October 2007 Each year in the third full weekend of October hundred-thousands of Scouts and Guides all over the world exchange greetings, learn about each others country and culture, swap programme ideas and make new friends. The contacts between them are established by amateur radio stations. This Jamboree-On-The- Air (JOTA) is the largest annual event for Scouts. Chaque année durant le troisième week-end d'octobre, des centaines de milliers de Scouts et Guides dans le monde entier échangent des salutations, apprennent la culture des autres pays, se transmettent des idées de programme et se font des nouveaux amis, tout cela par contacts entre stations de radioa- mateurs. Ce Jamboree Sur Les Ondes (JSLO) est la plus grande manifestation annuelle du Scoutisme. Cada año, durante el tercer fin de semana de octubre, cientos de miles de Scouts y Guías de todo el mundo se envían saludos, aprenden acerca de otros países y culturas, comparten ideas para el programa y establecen nuevas amistades. Estos jóvenes toman contacto mediante estaciones de radioaficionados. El Jamboree en el aire (JOTA) es el acontecimiento Scout anual más grande del mundo. CONTENTS: 1. FROM YOUR EDITOR......................................................................................................................................... 3 2.RÉSUME FRANÇAIS ............................................................................................................................................. 4 3. RESUMEN ESPAÑOL..........................................................................................................................................
    [Show full text]
  • Mfg Investment Fund Plc
    MFG INVESTMENT FUND PLC (An open-ended umbrella investment company with segregated liability between sub-funds) Annual Report and Audited Financial Statements For the financial year ended 31 March 2020 Company Registration No. 525177 MFG INVESTMENT FUND PLC Annual Report and Audited Financial Statements For the financial year ended 31 March 2020 CONTENTS Page General Information 2 Background to the Company 3 Investment Manager’s Report 5 Directors’ Report 8 Depositary’s Report 11 Independent Auditor’s Report 12 Statement of Comprehensive Income 15 Statement of Financial Position 17 Statement of Changes in Net Assets Attributable to Holders of Redeemable Participating Shares 19 Statement of Cash Flows 21 Notes to the Financial Statements 23 Schedule of Investments 38 Schedule of Significant Portfolio Changes (unaudited) 48 Risk Item (unaudited) 53 UCITS Remuneration Disclosure (unaudited) 54 Appendix I - Securities Financing Transactions Regulation (unaudited) 55 Appendix II - CRS Data Protection Information Notice (unaudited) 56 1 MFG INVESTMENT FUND PLC Annual Report and Audited Financial Statements For the financial year ended 31 March 2020 GENERAL INFORMATION Directors Registered Office of the Company Bronwyn Wright* (Irish) 32 Molesworth Street Jim Cleary* (Irish) Dublin 2 Craig Wright (Australian) Ireland Investment Manager and Distributor Company Secretary MFG Asset Management MFD Secretaries Limited MLC Centre, Level 36 32 Molesworth Street 19 Martin Place Dublin 2 Sydney Ireland NSW 2000 Australia Depositary Northern Trust Fiduciary Administrator & Registrar Service (Ireland) Limited Northern Trust International Fund Administration Georges Court Services (Ireland) Limited 54-62 Townsend Street Georges Court Dublin 2 54-62 Townsend Street Ireland Dublin 2 Ireland Legal Advisers Maples and Calder Independent Auditor 75 St.
    [Show full text]
  • Unconventional Funding of Urban Public Transport
    Transportation Research Part D 7 (2002) 317–329 www.elsevier.com/locate/trd Unconventional funding of urban public transport Barry Ubbels *, Peter Nijkamp Department of Regional Economics, Free University, De Boelelaan 1105, 1081 HV Amsterdam, Netherlands Abstract In the past decade public authorities have developed a wealth of creative funding mechanisms to support transit systems. This paper offers a taxonomy of various unconventional funding mechanisms (i.e. outside the domain of charges for transit passengers or general taxation schemes), based on a review of financial arrangements for public transport. The paper identifies which classes of funding are particularly successful for the financing of transit systems. This cross-sectional analysis uses a type of artificial intelligence method, viz. rough set analysis. It appears that the nature of the funding scheme and the degree of public accept- ability are mainly responsible for the success of unconventional funding mechanisms. Ó 2002 Elsevier Science Ltd. All rights reserved. 1. Introduction Urban public transport––defined as publicly provided mass transit systems in cities––is often regarded as a less environmentally damaging mode of transport and in many countries generates much, sometimes uncritical, policy support. As a consequence, deficits in this sector are not charged to the user, but to the taxpayer. The awareness is growing, however, that alterna- tive sources of revenue may be necessary to keep transit systems intact or to finance new in- vestments. In the past, public transport companies have been supported primarily by federal, state and local funds and revenues from fares. Governments are involved in the financing and operation of this activity, because urban public transportation is an unprofitable business.
    [Show full text]