UNECE International PPP Centre of Excellence wins Special Award for South-South Cooperation
The UNECE International Public-Private Partnership (PPP) Centre of Excellence received the Special Award for South-South Cooperation at the closing ceremony of the Global South-South Development EXPO 2013 on 1 November in Nairobi, Kenya (see separate article on the EXPO).
Established in February 2012, the UNECE International PPP Centre of Excellence has become a global leader in preparing international PPP best practices and standards to guide governments in implementing PPPs successfully. The objectives of the International PPP Centre of Excellence are to significantly reduce the time, cost and inefficiency which currently tend to hamper the preparation, structuring and implementation of PPPs. It also aims at increasing significantly the proportion and scope of PPPs which can be considered as successful and as having achieved both their social and financial objectives.
In addition to developing standards, the UNECE International PPP Centre of Excellence also helps governments to implement them. Regional hubs are being established to assist countries to contextualise and adapt the standards to their local conditions. Furthermore, a Business Advisory Board was recently established to support governments in implementing PPPs through high-level national and regional consultations.