The Eighth International Public-Private Partnership (PPP) Forum organized by UNECE was held

8-10 May, Istanbul, Turkey

This year’s Eighth International Public-Private Partnership (PPP) Forum in Istanbul was the epicenter of key discussions on the sustainability and efficiency of projects worldwide. Under the auspices of the UN Economic Commission for Europe (UNECE), the Forum highlighted PPP projects from various parts of the world, emphasizing their alignment with global Sustainable Development Goals.

Jelena Tadić, the Executive Director of PPP Investment, participated in three panels at this year’s UNECE Forum.

In the panel session “Charting new routes: Navigating the power of PPPs for the SDGs in Road Safety finance” Tadić emphasized that public-private partnerships (PPPs) have emerged as an effective solution that shapes our society in many ways. This collaborative approach between the public and private sectors combines their strengths, resources, new financial instruments, technologies, and “know-how” to address complex challenges and drive sustainable development. PPPs have the potential to revolutionize how we address social, economic, and environmental issues, Tadić noted.

The following day, PPP projects from around the world were presented, including the Project of replacing public lighting in the City of Valjevo, which met the Sustainable Development Goals (SDG).

Presenting Serbia’s experience in implementing PPP policies, Tadić highlighted on the panel “National PPP Programs and Policies in UNECE Member States: Building Capacity for SDG-Oriented PPPs” that Serbia is a regional leader in the preparation and implementation of PPP projects. “Serbia recognizes the key role of PPPs in enhancing sustainable development and addressing infrastructure needs while promoting economic growth” Tadić stated.

Tadić pointed out that one of the key aspects of PPP projects is to ensure sustainable financing and that intensive work has been done to create a favourable environment for private investments. This includes increasing predictability, transparency, and legal security within the regulatory framework.

I firmly believe that Serbia remains committed to advancing sustainable PPPs and infrastructure development in line with the sustainable development goals. Serbia recognizes the crucial importance of capacity building for the effective implementation of PPP and infrastructure projects. Our capacity building needs encompass various areas, including support in project preparation, strengthening legal and regulatory frameworks, and enhancing technical expertise in the public sector” concluded Jelena Tadić at the end of this panel.

In the session “National PPP programmes and policies in UNECE member States: capacity building to scale-up SDG-oriented PPPs” the experiences of jury members who evaluate PPP projects from around the world were shared.

Speaking about the PIERS program, Tadić mentioned that the PIERS program allows for the assessment of the alignment of public-private partnerships (PPP) with sustainable development goals. “On the other hand, the program provides guarantees to private investors, attracting sustainable investments and promoting economic growth. The PIERS methodology, which aims to assess projects in relation to sustainable development goals and environmental, social, and governance criteria, marks a key moment on our path to a fairer and more environmentally conscious future” concluded Tadić.

The UNECE Public-Private Partnership Forum is an annual gathering aimed at promoting dialogue and cooperation between the public and private sectors regarding PPPs. This Forum brings together representatives of governments, international organizations, the private sector, academia, and civil society to discuss key issues, challenges, and best practices in the field of public-private partnerships.

Through various panels and sessions, the Forum provides a platform for exchanging experiences, establishing partnerships, and developing policies aimed at improving PPP governance practices.