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WAPPP MAGAZINE 2024 SPRING EDITION
The main event of the last quarter was the 8th Istanbul PPP Week held 5-8 March organized by the Istanbul PPP Center of Excellence and Turkish Foreign Economic Relations Board (DEİK). WAPPP supported the event and was largely represented among the speakers and participants. In this issue of the WAPPP Magazine you will find a detailed account of what happened there. Nearly 200 participants from over 30 countries gathered to discuss PPPs, to network and learn about the latest industry trends.
As appeared from the Istanbul discussions, following COP28, PPPs seem to be developing in two directions:
⦁ A Focus on sustainability and resilience as environmental considerations and climate change issues are likely to play a bigger role in PPPs. Projects need to be designed with sustainability goals in mind, promoting renewable energy sources and energy efficiency.
⦁ Emphasis on Social Impact Projects, with a growing interest in PPPs for social impact projects like healthcare, education, and sanitation, particularly in developing countries.
To what extent will these trends be sufficient to cope with the SDG challenges, remains to be seen. For this reason, WAPPP has started in Q1/2024 with a focus on on small-scale PPPs #SSPPP. In view of the global weakness in the number of PPP transactions, while the infrastructure gap keeps widening, we do believe that small-scale PPPs have a role to play to attract new potential investors and thus become a game changer to achieve the UN 2030 Agenda for Sustainable Development. WAPPP and the United Nations Economic Commission for Europe have joined forces for a year long discussion series in order to develop much needed new approaches. The project should last until the second half of the year and culminate in a joint report with policy recommendations.
In other news, we are finalizing the formalities to welcome NCP, the PPP unit of the Kingdom of Saudi Arabia, as well as the Azerbaijan PPP unit to WAPPP. No doubt that these new additions will bring a formidable added value to the activities of our organization.
The next issue of our Magazine will focus on small-scale PPPs. Stay tuned!
WAPPP MAGAZINE 2024 SPRING EDITION
The main event of the last quarter was the 8th Istanbul PPP Week held 5-8 March organized by the Istanbul PPP Center of Excellence and Turkish Foreign Economic Relations Board (DEİK). WAPPP supported the event and was largely represented among the speakers and participants. In this issue of the WAPPP Magazine you will find a detailed account of what happened there. Nearly 200 participants from over 30 countries gathered to discuss PPPs, to network and learn about the latest industry trends.
As appeared from the Istanbul discussions, following COP28, PPPs seem to be developing in two directions:
⦁ A Focus on sustainability and resilience as environmental considerations and climate change issues are likely to play a bigger role in PPPs. Projects need to be designed with sustainability goals in mind, promoting renewable energy sources and energy efficiency.
⦁ Emphasis on Social Impact Projects, with a growing interest in PPPs for social impact projects like healthcare, education, and sanitation, particularly in developing countries.
To what extent will these trends be sufficient to cope with the SDG challenges, remains to be seen. For this reason, WAPPP has started in Q1/2024 with a focus on on small-scale PPPs #SSPPP. In view of the global weakness in the number of PPP transactions, while the infrastructure gap keeps widening, we do believe that small-scale PPPs have a role to play to attract new potential investors and thus become a game changer to achieve the UN 2030 Agenda for Sustainable Development. WAPPP and the United Nations Economic Commission for Europe have joined forces for a year long discussion series in order to develop much needed new approaches. The project should last until the second half of the year and culminate in a joint report with policy recommendations.
In other news, we are finalizing the formalities to welcome NCP, the PPP unit of the Kingdom of Saudi Arabia, as well as the Azerbaijan PPP unit to WAPPP. No doubt that these new additions will bring a formidable added value to the activities of our organization.
The next issue of our Magazine will focus on small-scale PPPs. Stay tuned!
