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We want to enable one billion people to live in more equitable, prosperous and sustainable communities by 2030 by improving US$2 trillion in public procurement spending. Now we want to build on that momentum to jump scale again to a tipping point of global change in policy and practice by the start of 2030. The future is open!
In 2024, we look towards implementation of the resolution and participation at the International Anti-Corruption Conference (IACC) in Lithuania this summer. The post OCP Feedback Survey: Closing the books on 2023 and looking towards 2030 appeared first on Open Contracting Partnership.
Read on for some of our plans on this Your top priorities for 2025 include making AI work in public procurement, implementing anti-corruption strategies, and building better e-procurement systems. We’re humbled to learn that 91% of you recommend working with us. So bring on 2025!
At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.
Vision 2030 and Beyond: The Role of Arbitration in Saudi Arabia’s Transformation The LIDW 2024 keynote address was followed by a panel discussion on the topic “ Vision 2030 and Beyond: Arbitration’s role in Saudi Arabia’s transformation ”.
That same year, KSA launched its Vision 2030 with the aim of achieving economic diversification in the KSA. Vision 2030 highlights the importance of providing equal opportunities for men and women in all sectors. One of its goals is to increase womens participation in the workforce from 22% to 30% by 2030.
The Bankruptcy Law The 2018 introduction of KSA’s Bankruptcy Law aimed to replace the previous fragmented regulatory framework for insolvency, aligning with the Saudi Vision 2030 to boost economic activity and international investment. We look forward to attending the SCCA24 Conference.
RIDW, the first event of its kind in the KSA, attests to the remarkable progress made by the KSA on the journey it set out on a few years ago to establish a robust arbitration regime, aligned with its broader Vision 2030 commitment to foster an investor-friendly environment. We look forward to attending the SCCA24 Conference !
Dr. Lai introduced the Singapore IP Strategy 2030 (SIPS 2030) , highlighting its commitment to growing international IP dispute resolution in Singapore. They reflected on the rise of IP arbitration in recent years and the future of the IP landscape in Singapore and beyond.
Lucien Claassen , ICT Category Manager in the Netherlands, shared the government’s ambitious goals, including climate neutrality by 2030 and complete circularity by 2050. They track their progress through lifecycle analysis and sustainability scores of both vendors and products. There were many, many more great examples to share.
As part of its Vision 2030, and in order to attract more foreign investments, the KSA has significantly aligned its legal landscape with international standards to reassure both local and foreign investors. These initiatives have positioned KSA as a pioneering global investment destination.
Meanwhile, the UK has established a billion-pound CCUS Infrastructure Fund with the target of building four CCUS hubs in the country by 2030. Canada’s government, furthermore, has announced an US$ 8 billion initiative to store 15 million tons of CO2 by 2030 through CCUS.
Furthermore, Lubano emphasised Kenya’s ambitious commitment to achieving a 100% reduction in carbon emissions by 2030. This is evident in the growing number of solar projects, wind farms and biomass initiatives. Dispute Resolution in the Energy Transition Searle predicts a shift in energy disputes.
In 2016, the KSA launched the Saudi Vision 2030 , an initiative to, among others, attract foreign and domestic investment by improving the regulatory environment and enhancing business opportunities. The Kingdom of Saudi Arabia (“KSA”) is undergoing a transformative shift in its economy.
panel explained, the International Energy Agency estimates “peak oil” demand by 2030 due to an increased electric vehicle (“EV”) usage, renewable energy and industrial electrification. As the “Adapting to New Energy Contracts: How Will Energy Transition Change Arbitration Practice?”
In a frequently cited 2021 report , the International Energy Agency estimated that in order to reach net zero emissions by 2050, annual clean energy investment worldwide would need to triple by 2030—to around US$4 trillion annually. While some of these funds will come from the public coffers, most of it will come from private investors.
High-profile cases include German energy companies suing the Netherlands under the ECT for phasing out coal power by 2030. ( Recently, there has been a surge in cases related to renewable energy investments and climate change actions. see , RWE v. Netherlands , see also, Uniper v.
She also added that the recent implementation of the CEPA would be instrumental in enhancing this figure to USD 100 billion by 2030. In her inaugural address, Kazim highlighted the growth of India and the UAE’s strong trade relations that has grown from a modest USD 180 million in the 1970s to an impressive USD 85 billion in 2022.
Third, and importantly, the SIFA contains an entire chapter dedicated to ESG provisions with the stated objective of integrating sustainable development in the Parties’ relationship and contributing to the achievement of the Sustainable Development Goals of the UN 2030 Agenda (Article 28(2)).
The recent revisions to the modernised and innovation arbitration rules of the SCCA give it a distinct advantage to resolve disputes fairly and efficiently, in tandem with KSA’s Vision 2030.
In the meantime, he highlighted Asia’s growth in the global economy: by 2030, Asia is expected to account for 50% of the world’s economy, with the infrastructure needs of the Association of Southeast Asian Nations (“ASEAN”) expected to reach approximately four trillion U.S.
However, as the pervasive abuses of direct awards under the emergency conditions generated by the covid pandemic evidenced in virtually all jurisdictions, dispensing with those requirements, checks and balances comes with a very high price tag for taxpayers in terms of corruption, favouritism, and wastage of public funds.
All too often I’m told that public procurement is boring, technical and abstract, too removed from people’s lives, and that some money will inevitably be “lost” to corruption or poor financial management, like it is an inevitability we have to accept. But I disagree.
The Kingdom of Saudi Arabia (KSA) is witnessing a significant surge in construction activity, from leading giga projects (such as NEOM and the Red Sea Project) to being selected as the host of the FIFA World Cup 2034 and Expo 2030. Historically, inflation has not been a major issue for the KSA’s construction industry.
Solar power, already supplying 6% to 7% of the world’s electricity today, is projected to be the single biggest source of electric power by 2030 and the largest source of all energy by 2040. Lim predicted that solar energy is likely to be a large source of energy in the near future and transform the production and usage of energy.
These include the WIPO-Singapore ASEAN Mediation Programme announced in January 2024, which provides funding for mediation of applicable disputes and the Singapore IP Strategy 2030 aimed at making Singapore a global-Asia node of technology, innovation, and enterprise.
The Foreign Corrupt Practices Act goes back decades. Even if corruption is the norm in that country. Interview transcript: Tom Temin: Let’s review briefly, precisely, more than my summary said about the Foreign Corrupt Practices Act. convention against corruption. At the earliest, the end date will be March of 2030.
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