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In our recent publication, Asymmetric Sovereign Risk: Implications for Climate Change Preparation , we explore how perceptions of climate risk influence sovereign spreads across countries with varying economic conditions.
Procurement thus heavily influences the interaction between the State’s contractual agents and citizens, and becomes a tool for the regulation of public service delivery. Overall, EU procurement law offers a diverse toolkit for public buyers to embed sustainability requirements.
Adding to this challenge is the current international scenario, including the war in Ukraine, global supply chain disruptions and rising interest rates to combat inflation, which can affect investor appetite for investing in the region and financing its debt. The direct impact is related to how governments use the proceeds from debt sales.
The ‘rise in legislation’, including the EU Corporate Sustainability Reporting Directive and the EU Corporate Sustainability Due Diligence Directive (see here for previous coverage), impose new duties and potential liabilities on businesses.
The government has promoted public participation in procurement monitoring, which is vital to combating corruption and improving efficiency, but few independent civil society organizations and individuals had the information, skills and influence to track contracting effectively. platform mentioned in the case study above.
Access to Capital and Funding Securing financing and investment can be challenging for any small business owner, but studies show that women entrepreneurs encounter additional hurdles in accessing capital. Moreover, WOSB certification enhances credibility and trustworthiness when seeking private investment.
Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021. In contrast, simply adopting fiscal rules but not complying with them does not translate into better outcomes.
She offered a taxonomy of these disputes, based on the nature of the parties involved, their forum, and their legal basis, and she stressed that they have the potential to influence the conduct of both States and private actors. environmentally harmful) firms from making sustainable investments.
This indicator can help policymakers understand whether taxes are influencing companies’ decisions to invest in new projects. Second, the ETRs we calculate are compound rates, obtained as a weighted average of ETR for specific combinations of assets and sources of financing.
Challenge : The City of Des Moines in Iowa wanted to leverage procurement to improve equity and sustainability, but knew its current procurement processes and tools were insufficient. City employees are now able to collaborate on procurement more efficiently, and better plan and track their aspirations around equity and sustainability.
The COVID-19 pandemic had a very large impact on government finances. Supply-driven inflation shocks tend to be associated with a tightening of financing conditions. In contrast, demand-driven inflation shocks tend to be associated with improved financing conditions, resulting in easier access to credit and lower credit costs.
This is because there is still a need to supply conventional energy to ensure energy affordability, security, and sustainability of supply while the energy transition occurs. Finally, the use of legal finance as an insurance policy to protect against adverse cost exposure is becoming more normalised.
Over the past two decades, a growing number of Latin American and Caribbean (LAC) countries began adopting fiscal rules to limit overspending influenced by election cycles, public pressure, and other political economy factors, helping the region strengthen its fiscal solvency and sustainability.
Department of State), Margie-Lys Jaime (Legal Adviser, Office of Investment Arbitration, Ministry of Economy and Finance, Republic of Panama), Ladan Mehranvar (Senior Legal Researcher, Columbia Center on Sustainable Investment (“CCSI”)) and Marie-Claire Argac (Partner, Curtis, Mallet-Prevost, Colt & Mosle LLP). Mr. Bigge and Ms.
It includes indicators such as the population of the community affected, level of urgency, economic influence, or ecological impact. Projects financed by the European Investment Bank, World Bank, and USAID are already uploaded to DREAM. As of 1 August, 159 regional and local projects received UAH 6.6
I think maybe the question is, will that commercial traction be large enough to sustain in whatever time frame? And I think these companies are looking to calculate, how do they sustain to the point where there is a tipping point where commercial revenues really do unlock more opportunity? But it’s taking some time to get there.
Senior tax policymakers from across the region attended the event organized by the IDB, the World Bank and the G-20 Brazilian presidency, represented during the event by Ministry of Finance and Receita Federal do Brasil (RFB), the country’s federal tax agency. Second, government may face domestic political opposition against heavier taxation.
Most notable in Pillar 1 is the generation of an income transfer mechanism which meets the progressive criteria outlined in the United Nations Sustainable Development Goals. It should be noted that the calculations are influenced by the absence of data by company and are only available at country level as of 2017 for five jurisdictions.
The second panel, “ TechTalk: Unraveling the Tapestry – AI’s Influence on International Arbitration”, included Luke Sobota ( Founding Partner, Three Crowns LLP), Nilufar Hossain (Investment Manager and Legal Counsel, Omni Bridgeway), Rachel Thorn (Partner, Cooley LLP), and Marco de Sousa (Senior Associate, Herbert Smith Freehills LLP).
The FARs dynamic nature allows it to evolve with the changing needs of federal procurement, influenced by various government agencies. Fixed-price contracts involve agreements for a set price regardless of incurred costs, with payment methods influenced by the dollar value and nature of the contract.
This model was made possible through CDL collaborating with the Assam State Disaster Management Authority (ASDMA) to combine procurement data with dozens of other datasets, as well as working with Assam’s Finance Department to structure and standardize data on all flood-related procurement from the last five years.
Influence on Market Strategies: Sharing demand data with industry partners has empowered them to tailor their strategies more effectively to Federal market demands, focusing efforts on high-demand items. Because of this data, GSA was able to determine which customers purchased the impacted products to alert them of the potential risks.
Well-crafted generative AI prompts can significantly influence the quality and relevance of GenAI tools. He’s keenly focused on expansion of technical leadership and innovation; maturing AI adoption strategies via notable technical distinction and sustained technical expertise; leadership and impact.
The ECTs modernised transit provisions aim to strengthen energy cooperation among the Contracting Parties, enhance energy security, accelerate the integration of renewable energy in the energy mix, scale up financing for energy infrastructure projects, and foster regional cooperation and economic growth within our constituency.
236 ), along with its budget and financing considerations. UNCITRAL Working Group III and the Advisory Centre on International Investment Dispute Resolution , analyzed key outstanding elements of the draft statute, including the Advisory Centres objective and scope of activities, governance structure, financing mechanisms, and legal status.
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