Russian experts share methods of financing the SDGs projects
A webinar on the application of public-private partnership (PPP) mechanisms to achieve the SDGs was organized in the framework of the joint project of UNDP and the Ministry of Finance and Economy of Turkmenistan.
The event was attended by representatives of ministries and departments responsible for the implementation of the SDGs and involved in the financing process to achieve the SDGs, the Central Bank of Turkmenistan, and the State Committee of Turkmenistan on Statistics.
Russian experts on economic policy and state partnership of the Moscow Institute of International Relations (MGIMO), the National PPP Center (Russian Federation), the State Development Corporation “VEB.RF” (Vnesheconombank), the Moscow office of the global law firm “Squire Patton Boggs” delivered presentations on international best practices in financing and attracting investment to achieve the SDGs adopted by the Addis Ababa Action Agenda through public-private partnership.
They presented an overview of the application of PPP mechanisms in the post-Soviet countries, the best methods and features of the preparation and implementation of PPP projects in various sectors of the economy.
Currently, public-private partnership mechanisms are becoming widespread. They allow attracting private investment on favorable terms to create high-quality public infrastructure and provide various services in accordance with the established time frame and budget. In projects implemented through public-private partnerships, advanced technical and managerial solutions are used and, thus, the steadfast platform for long-term cooperation between the state and business is created.
