The UNECE PPP Business Advisory Board under the chairmanship of James Stewart, the former head of PUK and currently Chairman of KPMG's Global Infrastructure Practice, was officially launched on 21 October 2013 in Moscow, the Russian Federation. The first meeting of the Board was followed by the high-level consultations between the business community and senior government representatives from PPP emerging economies in Europe, Asia and Africa. The event was co-organised by the State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”.
The private sector will play an important role in the work of the Centre in establishing best practice and helping governments implement the best possible projects. Of all groups the private sector understands the need not to just to do PPP, but to do the very best in PPP, that is, projects which can generate sound rates of return and at the same time have the best socio economic impacts. The private sector‘s main role in the Centre will be performed within the UNECE PPP Business Advisory Board (BAB).
The BAB will play two key roles:
1. Advise the International PPP Centre of Excellence
2. Build the capacity of Governments to undertake PPP
Calendar of activities
The BAB undertakes a number of activities including:
• Discuss the strategy of the International Centre of Excellence;
• Identify and promote fundraising activities;
• Advise and review the work of the Specialist centres;
• Evaluate the good governance practices as set out in the guidelines.
Such meetings will be held with senior level government officials to discuss the results of PPP readiness assessments undertaken by the UNECE TOS PPP. The goals of these meetings is to remove barriers in the enabling environment to PPP and to provide an initial ‘road testing’ of the countries proposed project pipeline. Key outcome of these activities will be a report including an implementation plan and an action plan provided to the national government on behalf of the UNECE ICoE and its Business Advisory Board.
Showcasing best practices
On 5 February 2013 (5th session of the UNECE TOS PPP) at the Palais des Nations a session was devoted to explore PPP options for the financing of the renovation of the Palais des Nations. As a follow up, companies will be invited to present their experiences with related projects around the world and to showcase these experiences on the UNECE International Centre of Excellence website.
Since the establishment of the UNECE Team of Specialists on Public-Private Partnership, the idea to create a body that bring private sector expertise to the UNECE PPP capacity-building programme was greatly supported by the member States of the ECE region. In 2009 the UNECE PPP Business Advisory Board was established under the chairmanship of Sir Adrian Montague and held its first consultative meeting in Astana (13 March 2009) back to back with the Second Astana Economic Forum. With the setting up of the International Centre of Excellence on PPP in 2012, it was decided that the Board be reconstituted as an advisor to the Centre and to individual national governments.
The Advisory Board will consist of a number (20 to 30) of distinguished business persons who are recognized for their outstanding contribution to the development and use of public-private partnership either in their respective countries or worldwide. Nominations for the Advisory Board can be extended from the TOS PPP Bureau and members of the TOS PPP, Specialist Centres and relevant international organisations working in the area of public-private partnership (including ADB, WB, EBRD, UN Regional Commissions, IFC, EPEC, etc.).
Selection of nominees will be carried out in such a way as to provide comprehensive coverage of key issues and sectors. Membership will be approved by the UNECE Executive Secretary based on recommendations of the UNECE PPP Secretariat and Chairpersons of the UNECE Team of Specialists on PPP. The UNECE Executive Secretary will inform members of their appointment by an official correspondence. The membership will be for 2 years with possible extension for another 2 years.
Members will not be remunerated.
Chairperson will be nominated by the UNECE Executive Secretary and will be rotating on biannual basis.
The Board is accountable to the intergovernmental Bureau of the Team of Specialists on PPP and works under the UN rules and procedures and is a consultative not a legal body.
Managing and reporting issues
The UNECE PPP Secretariat will manage day-to-day activities of the Advisory Board. The Advisory Board will report to the Bureau of the Team of Specialists on PPP on annual basis. The average amount of time expected from a board member and his/her alternates to undertake the tasks of the Advisory Board: 14 days (including work with the readiness assessment reports, national implementation plans/action plans).
Support from the member States in hosting the meetings
UNECE Secretariat welcomes support from the member States in managing and coordinating of the Advisory Board activities.