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Keyword: sustainable development

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PPP for Sustainable Development Goals: Still Untapped Potential journal article

Iryna Zapatrina, Anna Shatkovska

European Procurement & Public Private Partnership Law Review, Volume 19 (2024), Issue 1, Page 5 - 13

Recently, attention to the issue of extending the role of public-private partnership (PPP) in achieving the Sustainable Development Goals (SDGs) has significantly increased. There are several reasons for this: a serious lag behind the planned indicators for achieving the SDGs, largely due to the unsatisfactory state of life support infrastructure in countries of developing economies; a constantly widening infrastructure gap; and the insufficient use of private businesses to create the infrastructure critical to achieving the SDGs. To ensure the active participation of private businesses in this process, new institutional mechanisms are needed. Some of these mechanisms, providing for the assessment of compliance of projects with the SDGs, have already been created and are actively promoted for the implementation of PPP projects. This article contains an analysis of these mechanisms and recommendations for incorporating new approaches to assessing the sustainability of businesses interested in implementing infrastructure projects of public interest into the PPP process, based on the principles laid down in the Corporate Sustainability Reporting Directive and European Sustainability Reporting Standards. Keywords: Public-Private Partnership; Sustainable Development Goals; Infrastructure; Sustainability Reporting; Corporate Sustainability Reporting Directive; European Sustainability Reporting Standards.

Preventing Plastic Pollution with a Global Plastic Treaty and Public-Private Partnership for the Climate journal article

Sarah Maria Denta

European Procurement & Public Private Partnership Law Review, Volume 17 (2022), Issue 4, Page 211 - 220

Reducing the use of plastic is essential because plastic production involves an enormous use of energy and resources, which results in a high amount of carbon emissions that contribute to global warming. This article focuses on regulations concerning plastic, particularly, the coming global Plastic Treaty, which the UN is expected to adopt in 2024. The article argues that regulation will not be enough to solve the issue of plastic pollution; innovative and alternative solutions are necessary. The article further suggests public-private partnerships for the climate as a way of supporting the coming Plastic Treaty. Keywords: Global Plastic Treaty; plastic pollution; public-private partnerships for the climate; Resolution End Plastic Pollution; United Nation’s sustainable development goal; United Nations Environment Assembly

Opportunities and Challenges for Foreign Undertakings in China’s PPPs Market journal article

Tongle Si

European Procurement & Public Private Partnership Law Review, Volume 17 (2022), Issue 1, Page 33 - 43

Public-private partnerships (PPPs) refer to arrangements between the public sector and the private sector, in which they share rewards, responsibilities and risks. PPPs are mainly used to deliver infrastructure and public services. In the recent decade, China has witnessed rapid growth in both the number and investment scale of PPPs projects. With the promotion of sustainable development in the 13th Five-Year Plan, the Chinese government starts to take sustainability into considerations when carrying out PPPs projects. Different from traditional command-and-control measures that impose explicit policy orders on private sectors, PPPs function as a market-based instrument (MBI) that gives private sectors a nudge stimulating their innovation in the market competition. In China's PPPs market, the proportion of foreign investment has been declining in recent years. The 14th Five-Year Plan released in early 2021 emphasises the importance of involving foreign investors to realise sustainable development goals in the coming five years. The Chinese government has released supplementary rules to strengthen the confidence of foreign investors in Chinese PPPs projects. This article sorts out current regulations that directly affect foreign companies’ participation in China’s PPPs projects, further exploring both opportunities and challenges for foreign companies to compete in China’s PPPs market. Keywords: public-private partnerships, PPPs, foreign direct investment, FDI, sustainable development, China

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