Public procurement represents nearly 15% of global GDP and holds significant potential to support the long-term development strategies of our client countries. In recognition of this, the Inter-American Development Bank (IDB) joined 11 other MDBs in a joint statement to reaffirm our shared commitment to integrating sustainable procurement practices into development operations.
The MDBs have also pledged to support partner countries in undertaking national-level reforms to embed sustainability into domestic procurement systems.
Sustainable public procurement involves the integration of economic, social, environmental, and institutional considerations throughout the procurement process. It drives transformative change by promoting resilience, environmental performance, equality, and workers’ rights. To operationalize this commitment, we have established a dedicated working group focused on:
- Building awareness, outreach, and partnerships
- Adopting a harmonized approach
- Developing training materials, resources, and tools
- Monitoring and communicating results and impact
This note presents key findings of a comparative analysis of the procurement policy frameworks of 10 MDBs. It benchmarks the frameworks of the African Development Bank, Asian Development Bank, Asian Infrastructure Investment Bank, Council of Europe Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, Islamic Development Bank, New Development Bank, and World Bank across 11 analytical dimensions.
The heads of procurement of MDBs have collaboratively developed a comprehensive and user-friendly tool for assessing the electronic government procurement (e-GP) systems of partner countries. This tool is specifically designed for considering the procurement of goods, works, or services contracts that are financed by MDBs through e-GP systems. By introducing a structured and standardized approach, it aims to determine whether e-GP systems meet the minimum requirements set forth by MDBs for effective use.
This assessment tool conducts a thorough review of procurement policies, procedures, and practices to ensure compliance. It enables MDBs to evaluate whether an e-GP system fulfills all necessary criteria or if additional requirements and restrictions are warranted. For broader reform initiatives, this tool is complemented by the MAPS e-GP supplementary module.
The effective utilization of e-GP systems is critical for enhancing the transparency, credibility, and efficiency of the procurement process, but also elevates the procurement function to a strategic level. By consolidating procurement-related data and offering comprehensive insights, e-GP systems empower decision-makers in project preparation and delivery.
Learn more about the IDB’s business network for companies interested in working across Latin America and the Caribbean.
Unlock untapped business opportunities in Latin America and the Caribbean through the region’s most trusted development partner!
Working as a system for greater impact and scale.
We are improving lives by accelerating the economic and social development in our borrowing member countries.
The Office of Institutional Integrity (OII) is an independent office of the IDB Group created to safeguard IDB Group-financed projects and services throughout the transaction cycle.
Whether you are a new supplier or an experienced contractor, this is your gateway to becoming part of IDB-financed projects that drive sustainable development and growth across Latin America and the Caribbean.
