INTERNATIONAL STRATEGIC FRAMEWORK FOR PUBLIC-PRIVATE PARTNERSHIP

Our work and dedication are directed towards adhering to internationally recognized public-private partnership standards, which are crucial for achieving sustainable development goals as per the 2030 Agenda for Sustainable Development.

Thanks to our commitment to following international strategic frameworks, our work has been recognized by international organizations such as the UN Economic Commission for Europe (UNECE). For years, we have participated in the work of UNECE PPP in furthering the achievement of sustainable development goals through the projects we work on. Additionally, we regularly participate in UNECE panels and conferences where we strive to share examples of good practices and promote development projects that transform the face of Serbia.

Our projects are annually presented at the UNECE International Forum as examples of good practice. We are pleased that our project “Reconstruction of Public Lighting in Zaječar” received special commendations from UNECE for reducing carbon dioxide emissions and protecting the environment, as well as for aligning with sustainable development goals and the circular economy.

Our projects have convinced us of the need to expand the possibility of replicating successful projects in other local communities, i.e., working on their replicability.

The Sustainable Development Goals

In September 2015, at the United Nations summit, Resolution A/RES/70/1 – “Transforming our world: the 2030 Agenda for Sustainable Development” was adopted. This Agenda represents a universal strategy requiring the collective efforts of all member states to achieve Sustainable Development Goals by 2030.

Comprising 17 goals, the 2030 Agenda emphasizes three key dimensions of sustainable development:

  • Economic prosperity
  • Socijal inclusion
  • Enviromental protection

The Sustainable Development Goals (SDGs) are an urgent call for all countries, regardless of their level of development, to join in a global partnership. Combating poverty and other challenges requires strategies that promote health and education, reduce social inequalities, and foster economic growth, while simultaneously addressing climate change and contributing to the preservation of our ecosystems, including oceans and forests.

In support of this, the European Commission is actively engaged in sustainable development issues, implementing the goals of the UN 2030 Agenda through the concrete application of policies and recommendations, appropriate funds, and management instruments, with enhanced field monitoring.

Since 2010, Sustainable Development Goals have become a key element of the Europe 2020 Strategy, based on three main pillars:

  • Smart growth” which promotes education and innovation;
  • Sustainable growth” which focuses on reducing CO2 emissions, climate change resilience, and environmental conservation; and
  • Inclusive growth” through job creation and poverty reduction.

The European Union actively promotes the principles of Sustainable Development Goals defined in the UN 2030 Agenda, integrating them into its development agendas and priorities.

Serbia is actively involved in the implementation of the SDGs and the UN 2030 Agenda. Through the participation of citizens in consultative processes since 2015, as well as direct presence at global forums where the SDGs are defined, Serbia is committed to achieving these important global goals.

 

UNECE PPP and Infrastructure Evaluation and Rating System – PIERS

UNECE Evaluation Methodology for Assessing Infrastructure Projects and Evaluation of Public-Private Partnership Systems – PIERS (the Evaluation Methodology) is a document established by the UN Working Party on Public-Private Partnerships in 2021, aimed at uniting the efforts of governments, the private sector, and civil society in achieving the 2030 Agenda for SDGs through the public-private partnership model for sustainable development goals. This methodology is designed to help address the challenges brought by the pandemic and to contribute to progress towards achieving SDGs, including improved access to healthcare and employment, better housing availability, and women’s economic empowerment.

Various stakeholders, from governments and policymakers to investors, are able to use the Evaluation Methodology to make infrastructure decisions based on a deep understanding of the contributions of public-private partnership projects to solving global challenges. This document encompasses qualitative and quantitative methods for measuring the outcomes of public-private partnerships, focusing on people (“Value for people“). The goal of this tool is to highlight not only the economic value of projects but also their impact on people and the planet.

The five basic outcomes listed in the Evaluation Methodology, which are crucial for achieving SDGs through the implementation of public-private partnership projects and are considered in our projects, are:

  • Access and Equity – ensuring equal access to project outcomes for all
  • Economic Effectiveness and Fiscal Sustainability – efficient resource management to improve living standards
  • Environmental Sustainability and Resilience – protecting biodiversity and combating climate change
  • Replicability – the ability to replicate successful projects in other local communities
  • Stakeholder Engagement – integrating all relevant institutions, organizations, and experts in all phases of the public-private partnership process, for better understanding of needs and higher quality project implementation.

The Evaluation Methodology document aims to analyze these outcomes in public-private partnership projects to achieve the mentioned SDGs and observe their impact on infrastructure, as well as to overcome the challenges of growing global climate change.

By applying the Methodology to public-private partnership projects, the focus is placed not only on value for money but also on value for people and for the planet.