A public-private partnership is a collaborative organizational structure in which public, private and non-profit partners agree to share risks, resources, and decision-making authority. In a time of limited resources and growing challenges, we need to accomplish more with less. By leveraging the assets of the public and private sectors, PPPs can accomplish just that.
PPPs can increase country competitiveness by leveraging the resources of a pool of stakeholders—not just the public and private sectors, but also multilaterals and non-profits. They are a flexible way of addressing complex public-policy challenges in an increasingly global context.
With the challenges of a new century at our doorstep, now is the time for bold, swift action. As collaborative structures, PPPs promise flexibility, ingenuity, and resource-efficiency. But their implementation is far from straightforward. Managing the interest of various stakeholders comes with its own set of challenges. That’s where the PPP Initiative comes in. As an independent mediator, PPPI has the ability to build lasting frameworks that benefit all stakeholders, and leverage the full power of public-private partnerships.