Details
Year: 2021
Published in: /
Cited as: 2021. Green Public Procurement: An Overview of Green Reforms in Country Procurement Systems. Climate Governance Papers Series. Washington, DC: World Bank.
Subject
Green public procurement
Abstract
Public procurement provides governments with a powerful tool to achieve their development objectives. The estimated global value of public procurement is approximately US$11 trillion, representing 12 percent of global GDP. In many developing countries, the government is the single largest purchaser for many categories of products and services. Green public procurement (GPP) uses the public sector’s purchasing power to achieve environmental objectives. GPP is part of a broader sustainable public procurement (SPP) agenda that addresses economic, social, and environmental concerns. World Bank Group support for GPP reforms is aligned with the Bank’s twin goals—to end extreme poverty within a generation and boost shared prosperity—and its commitments to sustainable development and the Climate Change Action Plan 2021–2025.
