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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. We want to unlock its power to improve economic inclusion and sustainability, rebuild integrity and trust, and deliver the quality public services that we all deserve.
When we asked which issue areas are most important to you, we saw a deep alignment with our own increased investment in anticorruption, sustainability, and electronic procurement. In 2024, we look towards implementation of the resolution and participation at the International Anti-Corruption Conference (IACC) in Lithuania this summer.
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 ”.
Early this year, the European Union (“EU”) finalized the required internal procedures for the entry into force of the Sustainable Investment Facilitation Agreement concluded between the European Union and the Republic of Angola on 18 November 2022 (“SIFA” or the “Agreement”).
On 15-16 June, together with the governments of Albania, Italy and the Netherlands, we held a conference on Open and Sustainable Procurement in Europe for about 100 procurement leaders from 25 European countries. Inclusion, sustainability and digitization shouldn’t be planned in silos but planned for together.
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 ”. These projects aim to attract 100 million visitors annually by the end of the decade.
Furthermore, Lubano emphasised Kenya’s ambitious commitment to achieving a 100% reduction in carbon emissions by 2030. Alignment with Sustainability Goals : Developing green hydrogen aligns perfectly with both the United Nations Sustainable Development Goals and the Paris Agreement Objectives.
The unveiling of new Smart Sustainable Cities and Special Economic Zones, aimed at enhancing business prospects, underscores the KSA’s commitment to fostering strategic sector development and attracting high-quality investments. These initiatives have positioned KSA as a pioneering global investment destination.
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.
(i) The Low Carbon Transition The concept, the “Low Carbon Transition”, refers to a shift from economies heavily dependent on fossil fuels to sustainable, low carbon economies. As the “Adapting to New Energy Contracts: How Will Energy Transition Change Arbitration Practice?”
“ The event brought together leading experts to discuss the intersection of investment law and the global shift towards sustainable energy. High-profile cases include German energy companies suing the Netherlands under the ECT for phasing out coal power by 2030. ( 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. Such a move would build investor confidence and set the ground for sustained economic collaboration between India and the UAE. This is in line with the commitment to facilitate cross-border investments.
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.
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