Partnership for the Goals: Strengthen the means of implementation and build up the global

partnership for sustainable development

Samantha Kristyl Piañar

Jade Genunsalao

March 2024
 INTRODUCTION

The 2030 Agenda has ambitious goals that require a strengthen and enhanced global
partnership involving governments, the private sector, the United Nations system, and other
actors, prepare all available resources. The full implementation of the Addis Ababa Action
Agenda and the achievement of implementation targets, including the raising of necessary
funds, are essential to understand the Agenda. Supporting developing countries, especially
the least developed countries, landlocked developing countries, and small island developing
states, is essential to equitable progress for all.

However, there are major challenges to the global quest for sustainable development,
ranging from rising inequality to a worldwide pandemic. To overcome these obstacles, we
must work together.
For this reason, it is more crucial than ever that we work and collaborate together
through development efforts that are evidence-based and based on principles in order to
fulfill the 2030 Agenda.
In order for government departments to plan, gain, and manage PPP projects, the
Government of Bangladesh (GoB) must significantly expand its capacity.Even while many
industries have seen significant institutional upgrading, there are still certain shortcomings
that may discourage foreign bidders from taking part in PPP projects.Frameworks for
allocating risk in PPP projects should be examined and complemented to the nation’s level of
sector maturity.GoB must give issues related to land purchases and financing access serious
consideration. (Finance Minister AHM Mustafa Kamal)
MANILA, Philippines — In an effort to obtain the best offers from potential proponents,
the government is implementing a longer comparative challenge period for unsolicited
proposals for public-private partnership (PPP) projects.In a news briefing, PPP Center
deputy executive director Jeffrey Manalo informed reporters that the new PPP Code offers
unsolicited proposals a longer comparative challenge period.“In order to protect the public
interest, we increased competition for unsolicited proposals,”.(Jeffrey Manalo)
PANABO, Philippines ‒ unsuitable financial resources, improper negotiation techniques,
and a lack of understanding of PPPs. (Samantha Piañar).
 RESOLUTION

With the Government of Bangladesh’s (GoB) 2018 budget allocation for physical
infrastructure at roughly $14.1 billion, the country’s public debt amounted to
approximately 34% of GDP. In order to close the financial gap, the GoB acknowledges
the significance of increased private sector investment in certain industrial
infrastructure areas. A strategic change in finance from ADB allocations to PPP-style
financing is envisaged for the eighth fiscal year. It is estimated that PPP funding for
infrastructure development will be mobilized at a rate of one to 1.5 percent of GDP.

Six of the more than 80 PPP projects that Bangladesh currently has in its
works have commenced building. These initiatives cover a variety of industries,
including housing, tourism, healthcare, and transportation.

The PPP Code, which seeks to give PPPs a more competitive and supportive
environment, was signed into law by President Marcos on December 5 and will go into
effect on December 23.In the meantime, it is expected that the PPP Code’s
implementing rules and regulations will be published by March 23, 2024, and go into
force early in the following year.In the nation, 181 PPP projects totaling P2.6 trillion
are now under development.60 of the total are PPPs at the local level, while 121 are at
the national level.

The Ninoy Aquino International Airport (NAIA) Expressway (Phase II), for which
the Department of Public Works and Highways (DPWH) awarded the private sector
the right to construct and run the expressway, is an example of a grant PPP.

On August 25‒26, 2016, the Public-Private Partnership Center held a PPP

orientation in Panabo City, Davao del Norte, covering PPP concepts and the PPP
process.
 In an effort to raise the city’s water quality, PrimeWater Infrastructure
Corporation and Panabo City Water District (PCWD) have signed a Public-Private
Partnership (PPP).

In order to handle the assessment and management of contingent liabilities

and financial hazards, we truly need a strong institutional, policy, and regulatory
framework. According to the claims mentioned above, one of their primary problems is
a lack of information and understandings regarding PPP, which is why they were
unable to win the belief of the private sector to engage in negotiations with the public
sector.

In order to handle an a assessment, We must do some PPP orientation covering

the concepts and benefits of PPP in our community.

Review of Related Literature

Revitalize the global partnership for sustainable development. Support the

creation of strong SDG partnerships to achieve the ambitious targets of the 2030
Agenda. Bring together national governments, the international community, civil
society, the private sector and other actors.(United Nations General Assembly).

Reference

https://www.effectivecooperation.org
https://www.un.org
https://www.worldbank.org
https://www.adb.org
https://ppp.gov.ph
https://ppp.gov.ph
https://ppp.gov.ph
https://www.primewaterpanabo.com
https://search.worldcat.org/title/1152195736