article thumbnail

PPPs for SDGs and the PIERS (UNECE PPP and Infrastructure Evaluation and Rating System) Role

Training ByteSize

If not properly mitigated and managed, climate risks are assumed to be the main driver of major physical hazards and socioeconomic impacts to infrastructures by 2050 (Figure 1). Expected impacts by 2050, Adapted from McKinsey Global Institute. Climate risk and response: Physical hazards and socioeconomic impacts.

article thumbnail

Certified PPP Professional: The ultimate guide to CP3P

Training ByteSize

UNECE , the United Nations Economic Commission for Europe, describes public-private partnerships in the following way: “PPP’s are a method by which the public sector can procure the design, construction, operation and maintenance of public capital assets from the private sector at a cost that represents value for money.

Banking 52