For the Sustainable Development Goals and PPPs
World leaders gathered at the International Conference on Sustainable Development Financing for Development in 2015 and adopted the 17 Sustainable Development Goals (SDGs) and related 169 targets. The 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda on Financing for Development (FfD) provide the framework for the SDGs. They are intended to galvanize policy makers across the world through concrete targets for the 2015–30 period for poverty reduction, food security, human health and education, climate change mitigation, the construction of
resilient infrastructure, and a range of other objectives across the economic, social, and environmental spheres. The SDGs are ambitious—they will require a step change in the level of both public and private investment in all countries. Creative solutions are needed to mobilize private sector investment and innovation and blend commercial financing with public funding. The IISD blog on infrastructure’s role in the SDGs highlights that infrastructure is both an explicit and implicit component of the SDGs’ goals and targets. Hence, the SDGs may be useful in articulating and rallying support for infrastructure development policy. Goal 9: ‘Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation’ is particularly relevant. The Addis Ababa Action Agenda emphasizes in paragraph 44 the role of PPPs in support of the 2030 Agenda. Moreover, the SDGs may help clarify the goals, targets, and indicators around which a country will frame its development priorities, including the delivery of public services through PPPs. Governments can use the SDGs as a framework to foster an enabling environment for infrastructure investment and set important targets to trigger changes in project selection and design. To meet the SDGs, infrastructure investments must be prioritized based on their environmental, social and economic sustainability. The private sector needs to be incentivized in finding cost-efficient solutions to solve sustainable development challenges. Involving the private sector can help not only to increase the stock of infrastructure assets but also strengthen their resilience, create more sustainable solutions and improve access to infrastructure services. Incorporating sustainability considerations
into procurement processes, through project specifications and award criteria, for example, can also enhance the impact of infrastructure investments. The SDGs can also help mobilize high level political action behind an infrastructure project. SDG targets often reflect the aims of a specific goal while also reaching across other goals and targets. Thus, a PPP project may address one primary goal and several secondary goals and targets. For example, when considering a potential water PPP, alignment with government strategy to achieve Goal 6 will strengthen the project; at the same time, the project may contribute to reducing the number of deaths and illnesses from hazardous water pollution (Target 3.9), and the proportion of untreated wastewater (Target 6.3). Upgrading an existing wastewater infrastructure should contribute to resource-use efficiency and adoption of environmentally sound technologies and industrial processes (Target 9.4). Demonstrating infrastructure policy alignment with SDGs may also help governments attract attention and financing from multilateral development banks and funds. Sources: (UN 2015); (Casier 2015)
More than 120 countries especially European Union passed special PPP Laws to organize and legalize the PPP section for SDG’s.
There are PPP laws of few countries for your study in below schedule.
| China PPP Law |
| Islamic Development Bank PPP Policy |
| New Development Bank (BRICS) PPP |
