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(Photo credit: World Bank Transport Team 2) Road infrastructures connect households to higher quality opportunities for employment, healthcare and education. With 189 member countries, the World Bank is the largest multilateral development bank globally with a mission to reduce poverty and increase shared prosperity in a sustainable way.
These extreme events, and water quantity and quality issues more broadly, are pressing concerns in the Europe, Middle East, and Africa (EMEA) region, further aggravated by the uncertain impacts of climate change. Climate change is a global issue, but its localized impacts can vary significantly across different regions.
There is increased recognition that sustainability cannot be a siloed business unit within an organisation. The main takeaway is that sustainability transformation takes time – but every step along the journey can be meaningful. This blog post provides a recap of the highlights from the sustainability briefing.
Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.
When we launched the campaign in May 2024, we identified a lack of accessible, consolidated data on Olympic-related projects. Although there was an official delivery plan for the Games, as specified in a September 2023 governmental decree, we found data and documents on its delivery scattered across various public and private actors.
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Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).
” – Vendor Manager | ONE AMERICAN BANK Use Data and Analytics to Make Informed Decisions Modern procurement relies heavily on data. Spend analysis, supplier performance data, and market trends can help you identify inefficiencies and opportunities for savings. I always ask myself, ‘How do we get more savings?’
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It’s rare but it does happen, that the Government Accountability Office (“GAO”) sustains five separate violations of the procurement regulations in a single protest. This blog will not discuss every sustained protest ground, but only comment on a few significant points. See Deloitte Consulting, LLP; Softrams, LLC, B-421801 et al, Jan.
Additionally, the government is looking to provide “strong and sustained funding for CET [research and development] in pre-standardized coordination” as part of the long-term efforts. The USG NSSCET roadmap outlines four objectives: to sustain integrity and inclusivity, increase investment, broaden participation, and enhance the workforce.
This is a guest post by Suzanne Wait with the Health Policy Partnership and Dipak Kalra, from the European Institute for Innovation in Health Data The health sector holds approximately one third of the world’s total volume of data. One such example is the development of cloud-enabled electronic health records (EHRs).
A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.
A lack of available water qualitydata makes it difficult to provide decision support in water-related sectors such as food production, energy security, health, economic development, and climate change resilience. Data is key to addressing current water challenges.
There is significant question whether the data actually support this supposed need for deterrence, however, and dialing back a system by which private companies can protest a government contract decision is likely to have a range of unintended and negative consequences.
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Sustainable products are experiencing growth in both profits and consumer demand. To successfully market your sustainability efforts, you must carefully navigate the fine line between legitimate marketing and greenwashing. Recommendation: Partner with suppliers who prioritize sustainability.
million Thai citizens seeking treatment for pollution-related illnesses at the start of 2024 ( up 23 percent from 2023, according to data from the country’s National Economic and Social Development Council). In parts of the country, air pollution reached some of the world’s deadliest levels in recent years, with 1.6
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Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. What is Data Analytics in Procurement? Prior purchase data is also used for demand forecasting improving resource management and operational efficiency.
Now the lab that began in 2019 has transformed into the GAO component responsible for projects including a prototype generative artificial intelligence solution, which is getting close to its user testing phase, and a recent data-science-driven report that found quality issues with audits of non-federal entities that receive federal awards. “We
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The fiscal cliff can lead to a range of negative outcomes that diminish community quality of life, strain household finances and stifle economic growth, including: Reduced services: Local governments may be forced to cut essential services, including public safety, education, transportation and social services.
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Image Credit: Nadia Cruz / Institute for Climate and Sustainable Cities Top findings Here are some of their discoveries. million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials price data were used.
In October, EU countries will be required to adopt eForms in a bid to improve the quality of data published on the block’s government tendering. With data excellence as one of the pillars of their mission, TenderNed has been working on creating better data within the Dutch government for several years.
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As far as what’s next for federal acquisition, Hashmi stressed the importance of acquisition as a lever for public policy and embracing data in acquisition. Though people might view procurement as an old-school process filled with paperwork, he said “smart 21st century acquisition is a data problem — inherently a data problem.”
Council on Environmental Quality updates progress on sustainability - White House) The Department of Health and Human Services is responding to an increase in cyber attacks targeting hospitals and healthcare systems. That is one of the takeaways from a survey led by a governmentwide council of federal CDOs.
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.
What’s exciting about these organizations is their purposeful adoption of technology and effective use of data, with the vision of maximizing their uniquely human capacities. CTrees supports action on climate change by providing accurate, science-based data on carbon in forests and trees globally. Minutes matter. Seconds matter.
Central to the event were the themes of generative AI, sustainability, security, and—importantly for Europe—digital sovereignty. Building a strong data foundation Secure, reliable, and scalable cloud infrastructure helps public sector organizations to innovate quickly while meeting strict security and compliance requirements.
Paige emphasized the importance of assessing a vendor’s credibility and reliability using historical data, including which government agencies they’ve worked with and whether they deliver goods and services on time.
IDB staff calculations based on The Conference Board’s Total Economy Database (TED). (*) Data for 2022 is estimated and for 2023 is projected. Institutional Quality Matters Another important finding of our research is that the effect of public debt on growth depends on institutional quality.
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How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Johan, can you give us a bit of background on the digital transformation journey at Booz Allen and the role of data? What role did data play on a day-to-day basis?
Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.
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Last week in Rome, we brought together over 100 leaders from 26 European governments , EU institutions, global organizations like the World Bank, OECD, EBRD, and UNOPS, civil society, and the private sector for the 3rd International Open and Sustainable Public Procurement Conference 2024. We’re ready to help make this happen.
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According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. According to 2019 Definitive Healthcare data, U.S. Across this supply chain there is typically a lack of visibility due to siloed information and data. The only way to really understand that is data.
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