PPP to offset Covid shocks
Public-private partnerships (PPPs) have the potential to contribute to a clean and green recovery from the ongoing Covid-19 crisis, mitigating the effects of climate change, ensuring gender and youth development and discovering partnerships, which have substantial impact on development.
Mia Seppo, resident coordinator of the United Nations (UN) in Bangladesh, made this comment when she called on Sultana Afroz, secretary and CEO of the Public Private Partnership Authority under the Prime Minister's Office, yesterday.
Seppo reiterated the UN's commitment to supporting the development aspirations of Bangladeshi people and discussed the importance of PPPs in advancing the 2030 Agenda.
Referring to the cost of financing the SDGs, she highlighted the role and potential of PPPs in bridging these financing gaps.
The secretary discussed the current initiatives of the PPP Authority in PPP project implementation and capacity building.
She emphasised the importance of small-sized social and economic infrastructure projects to meet the SDG target and particularly focused on projects in food and agriculture sector.
She stressed the need for focusing on selected projects that are in alignment with the UN's Sustainable Development Goals (SDGs), such as dialysis centres, hospitals, urban water supply and waste water treatment, which are already in the PPP pipeline.
Office of the UNRC and PPP Authority showed their commitment in forming strong partnership for overcoming the SDGs related PPP implementation challenges.
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