Download or read book The Impact of International Development Banks on Sustainable Public Procurement written by Lorenz Rentsch and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the 1990s, Sustainable Public Procurement (SPP) is discussed as a policy instrument to further sustainability in the economy and society. SPP is an approach that integrates social, environmental and economic considerations in all stages of the public procurement process, from pre-qualification to contract compliance. The concept of SPP includes raising awareness, removing adverse budgetary incentives and promoting product standards. There are many arguments in favour and against SPP. The discussion in this paper concludes that SPP is desirable because the effect on the environment could be substantial, the government's credibility to promote sustainability is enhanced, and the effectiveness of other environmental policies is expected to increase. In developing countries, SPP does not receive adequate attention. By financing projects and programs in developing and transition countries, International Financial Institution like the Asian Development Bank and the European Bank for Reconstruction and Development set rules on public procurement and thus have the potential to influence procurement practices. In the paper at hand, procurement policies, rules and regulations from ADB, EBRD, UNCITRAL and WTO are screened and examined whether they support and further SPP in developing countries. In addition, representatives from the development banks and national procurement agencies expressed their experiences. In ADB's and EBRD's operations and project design, sustainability is an important element, however, the sustainability of procurement in not treated as a priority. There are several documents that promote or indicate the need of sustainability in public procurement but on an application-level pure economic consideration (e.g. lowest price) are often predominant. ADB integrates sustainability mainly in technical specifications where as EBRD's focus is more on award criteria. However, in none of the examined develop.
Download or read book Sustainable Public Procurement and the Sustainable Development Goals written by Nordic Council of Ministers Secretariat and published by Nordic Council of Ministers. This book was released on 2021-05-17 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Procurement accounts for 6.5 trillion euros annually and plays a fundamental role in achieving the Sustainable Development Goals. All public services and functions depend on public procurement to be delivered. This report aims to draw attention to the “added value” that sustainable public procurement can contribute towards these goals, directly or indirectly, going beyond delivering core public sector objectives. The report establishes clear linkages between Sustainable Public Procurement and the SDG targets, and aims to validate those linkages with specific and real-life case studies from Nordic settings.
Download or read book Public Procurement and Multilateral Development Banks written by Sope Williams-Elegbe and published by . This book was released on 2017 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- A historical overview of the MDBs and the history of public procurement regulation in the World Bank -- THe MDBs and International law -- The procurement documents -- The project cycle and the procurement process -- Value for money, competition and selection procedures -- Secondary (Sustainability) concerns in MDB procurement -- Corruption in MDB funded procurement -- The aid effectiveness agenda : harmonisation, tied aid and use of country systems -- Public procurement reform and the development of procurement capacity in developing countries : the role of MDBs -- Remedies under MDB-funded procurement
Download or read book Environmental Impact of Multilateral Development Bank funded Projects written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1983 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Procurement and Aid Effectiveness written by Annamaria La Chimia and published by Bloomsbury Publishing. This book was released on 2019-08-08 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection fills a significant gap in the literature by gathering contributions from the most prominent academics and practitioners of aid and procurement. It explores the economic, political and legal relationship between procurement and aid effectiveness in developing countries, and takes stock of current debates in the field. More specifically, the contributions analyse the failures and successes of current initiatives to foster effectiveness and streamline the aid procurement process, and address current themes emerging in the literature related to development, procurement and aid success. A pivotal and timely publication, Public Procurement and Aid Effectiveness will be of interest to a varied and multicultural international audience and a wide range of actors working on aid effectiveness, development, procurement and good governance initiatives in both donor and beneficiary countries.
Download or read book The World Bank Group and Public Procurement written by World Bank World Bank and published by World Bank Publications. This book was released on 2015-02-13 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unanticipated spike in international food prices in 2007-08 hit many developing countries hard. International prices for food and other agricultural products increased by more than 100 percent between early 2007 and mid-2008. Prices for food cereals more than doubled; and those for rice doubled in the space of just a few months. The food price increases were particularly hard on the poor and near-poor in developing countries, many of whom spend a large share of their income on food and have limited means to cope with price shocks. An estimated 1.29 billion people in 2008 lived on less than $1.25 a day, equivalent to 22.4 percent of the developing world population. In addition, the Food and Agriculture Organization estimated that 923 million people were undernourished in 2007. Simulation models suggested that poverty rose by 100-200 million people and the undernourished increased by 63 million in 2008. The World Bank organized rapidly for short-term support in the crisis, launching a fast-track program of loans and grants, the Global Food Crisis Response Program (GFRP). The GFRP mainly targeted low-income countries, and provided detailed policy advice to governments and its own staff on how to respond to the crisis. The Bank also scaled up lending for agriculture and social protection to support the building of medium-term resilience to future food price shocks. The International Finance Corporation responded by sharply increasing access to liquidity for agribusinesses and agricultural traders in the short and medium term, as well as new programs to improve incentives for agricultural market participants. This evaluation assesses the effectiveness of the World Bank Group response in addressing the short-term impacts of the food price crisis and in enhancing the resilience of countries to future shocks.
Download or read book Development and Public Banks written by Stephany Griffith-Jones and published by Taylor & Francis. This book was released on 2022-12-12 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development finance institutions (DFIs), also known as public development banks (PDBs) are public financial institutions initiated and steered by governments with explicit official missions to promote public policy objectives, and public development banks (PDBs) are the main category. DFIs are experiencing a renaissance worldwide, but there is limited academic research examining their roles, operations, and effectiveness. This book attempts to fill this gap by bringing together world-renowned scholars who discuss in detail the economics and the social consequences of both development banks and public banks. Combining together, the chapters in this volume discuss topics from sustainability, development impact of financial instruments, a new development financial architecture, and the interaction with existing international rules like the Basel Accord. This book will be of particular interest to students, scholars, and researchers of development finance, global governance, and international political economy. The chapters in this book were originally published in the Review of Political Economy.
Download or read book Multilateral Development Banking Environmental Principles and Concepts Reflecting General International Law and Public Policy written by Gunther Handl and published by Springer. This book was released on 2001-03-26 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique work provides a comprehensive and detailed analysis of international environmental legal principles and concepts, as well as public policy criteria of direct relevance to Multilateral Development Bank (MDB) operations in developing member countries. The study describes the international legal and public policy underpinning MDB's pursuit of sustainable development as a strategic development objective which is key not only to the quality of life of inhabitants of the countries concerned, but also to global economic prosperity. The bulk of legal rules, standards and guidelines, as well as of public policy notions, are reduced in this volume to a set of operationally meaningful principles and concepts for multilateral development banking. The book draws from a vast range of source materials and extends from international conventional law (multilateral, bilateral), customary legal principles, Agenda 21 and other formally non-binding instruments or documents, to practices and standards of international financial institutions. The issues addressed include: accountability and empowerment (which include access to information, environmental impact assessment, and public participation); the social impact of MDB operations (such as involuntary resettlement, treatment of indigenous populations); the effectiveness of environmental protection measures (such as environmental monitoring and environmental audits); and the impact on certain environmental resources.
Download or read book Public Procurement and Multilateral Development Banks written by Sope Williams-Elegbe and published by Bloomsbury Publishing. This book was released on 2017-03-23 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The multilateral development banks cumulatively channel billions of dollars annually in development assistance to borrower countries. This finance is usually spent through processes that incorporate the public procurement regulations of the banks and it is often a condition of this finance that the funds must be spent using the procurement regulations of the lender institution. This book examines the issues and challenges raised by procurement regulation in the multilateral development banks. The book examines the history of procurement regulation in the banks; the tripartite relationship created between the banks, borrowers and contractors in funded procurements; the procurement documents and procurement cycle; as well as how the banks ensure competition and value for money in funded procurements. The book also examines the banks' approach to sustainability concerns in public procurement such as environmental, social or industrial concerns; as well as how the banks address the issue of corruption and fraud in funded contracts. Another issue that is addressed by this book is how the banks have implemented the aid effectiveness agenda. It will be seen that the development banks have undertaken steps to harmonise their policies and practices, increased borrower procurement capacity, taken steps to reduce the tying of aid, and play an important role in the reform of borrower procurement systems, all in an effort to improve the effectiveness of development finance. The book also considers the contractual and other remedies that are available to parties that may be aggrieved as a result of a funded procurement. The book analyses, compares and contrasts the legal, practical and institutional approaches to procurement regulation in the World Bank, the Inter-American Development Bank, the African Development Bank, the Asian Development Bank and the European Bank for Reconstruction and Development.
Download or read book Multilateral Development Banks in an Era of Procurement Reform written by Collin D. Swan and published by . This book was released on 2016 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Last year was momentous for the international procurement arena, as several of the major multilateral development banks (MDBs) -- including the World Bank and the African Development Bank (AfDB) -- adopted significant changes to their procurement processes and procedures in efforts to increase flexibility and achieve value for money with integrity. In July 2015, the World Bank's board of executive directors approved a new procurement policy as part of a larger procurement framework described as “a once-in-a-generation systematic reform and culture change” in how the World Bank approaches procurement. The new procurement framework, which is scheduled to go into effect later this year, will affect more than 1,800 World Bank-financed projects in 172 countries with a total value of $42 billion, although ongoing projects will continue to operate under the existing framework. A few months later, in October 2015, the AfDB joined its global counterpart in adopting similar changes to its own procurement framework. Similar to the World Bank's new framework, The AfDB's reforms focus on “the achievement of value for money by borrowers based on a dynamic and differentiated fit-for-purpose approach to procurement transactions.” According to Vinay Sharma, the director of the AfDB's Procurement and Fiduciary Services Department, the AfDB's new procurement framework is expected to result in faster project completion and “over $200 million in economic benefits annually.” This FEATURE COMMENT highlights several key goals of these procurement reforms, which seek to deliver sustainable development and value for money by, among other things, increasing flexibility in procurement approaches and recognizing the importance of postaward contract management in ensuring successful project implementation.
Download or read book World Development Report 1978 written by and published by World Bank Publications. This book was released on 1978 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.
Download or read book The Role of Public Procurement in Deploying Sustainable Infrastructure written by and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Role of the SPV The SPV, the project company, is responsible for monitoring the project's compliance with environmental and social safeguards, as defined as part of the design specifications of the asset during the procurement process. [...] Given that MDBs are key financers of infrastructure, the revision of the World Bank Environmental and Social Framework in 2015-16 and the public consultation that was conducted in the run up to this revision highlighted the growing concern of both investors and tax payers of finding reliable ways to reduce the legal, environmental and social risks of infrastructure projects. [...] The collective experience (e) Monitor the environmental and The World Bank also of the multilateral development social performance of a project in makes an explicit banks and bilateral development accordance with the ESCP and the commitment to organizations in assisting their ESSs" assist borrowers to clients to manage environmental Principle 2. assess and manage and social risks and impacts "The [...] This then ensures that the baselines of the functionality that the public sectors seeks RfP are designed in a manner that is compliant with the to realize through the deployment of the environmental and social laws of the home state or the assets. [...] Stage 9: Selection and announcement of winning bidder Stage 10: Negotiations on the final risk allocation and the financial structuring of the project Stage 11: The public procuring authorities and public contracting authorities need to ensure that the contracts include Preparation and signing of contracts all elements related to the environmental and social performance that were discussed and agr.
Download or read book Inclusive Green Growth written by World Bank and published by World Bank Publications. This book was released on 2012-05-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.
Download or read book Joint Public Procurement and Innovation written by Gabriella Margherita Racca and published by Bruylant. This book was released on 2020-02-12 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation in public procurement is essential for sustainable and inclusive growth in an increasingly globalized economy. To achieve that potential, both the promises and the perils of innovation must be investigated, including the risks and opportunities of joint procurement across borders in the European Union and the United States. This in-depth research investigates innovation in public procurement from three different perspectives. First, leading academics and practitioners assess the purchase of innovation, with a particular focus on urban public contracting in smart cities involving meta-infrastructures, public-private partnership arrangements and smart contracts. A second line of inquiry looks for ways to encourage innovative suppliers. Here, the collected authors draw on emerging lessons from the US and Europe, to explore both the costs and the benefits of spurring innovation through procurement. A third perspective looks to various innovations in the procurement process itself, with a focus on the effects of joint and cross-border procurement in the EU and US landscapes. The chapters review new technologies and platforms, the increasingly automated means of selecting suppliers, and the related efficiencies that “big data” can bring to public procurement. Expanding on research in the editors’ prior volume, Integrity and Efficiency in Sustainable Public Contracts: Balancing Corruption Concerns in Public Procurement Internationally (Bruylant 2014), this volume builds on a series of academic conferences and exchanges to address these issues from sophisticated academic, institutional and practical perspectives, and to point the way to future research on the contractual models that are emerging from new procurement technologies.
Download or read book Mobilization Effects of Multilateral Development Banks written by Chiara Broccolini and published by International Monetary Fund. This book was released on 2019-02-15 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Download or read book Sustainable Public Procurement of Infrastructure and Human Rights written by Olga Martin-Ortega and published by Edward Elgar Publishing. This book was released on 2023-03-02 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative book addresses the links between sustainability and human rights in the context of infrastructure projects and uncovers the human rights gap in every stage of public procurement processes to deliver on infrastructure assets or services.
Download or read book Understanding Sustainable Public Procurement written by Sanjay Kumar and published by Springer Nature. This book was released on 2022-10-07 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the development of sustainable public procurement (SPP) as a strategic policy instrument to support decoupling of economic growth from environmental degradation and enhancing social well-being. Offering an in-depth case study of India’s SPP implementation trajectory, it discusses the challenges of integrating sustainability criteria into purchasing decisions, and examines policy choices and best practices to address them. It investigates the legislative, institutional, and governance framework for SPP in India, and identifies priority actions to accelerate wider uptake of SPP policy and practices. Furthermore, the book highlights the evolving role of SPP policies in response to emerging global mega trends, such as international trade, low carbon economy, circular economy, and Industry 4.0. Given its scope, this book appeals to scholars of economics, public administration, and environmental and social sciences, as well as to policymakers, practitioners, and advocates interested in steering transformational changes towards mainstreaming sustainable procurement practices in developing economies at the desired scale. "This book comes at the right time to compensate for the lack of in-depth works on the origins, nature and reality of the implementation of sustainable purchases.” - Farid Yaker, Programme Officer, Sustainable Public Procurement, Economy Division, UNEP, Paris, France. “...If you are a procurement or sustainability professional anywhere in the world, please read this book. It will change the way you think and feel about your profession.” - Shaun McCarthy OBE, Chair, Supply Chain Sustainability School, London, UK & Director, Action Sustainability, London, UK
