The final session will look at recent initiatives and tools to measure the impact of infrastructure investment and public procurement on environmental outcomes and inclusion. While countries have increased efforts to promote green public procurement and take into account environmental and social consideration in the public investment decision-making process, many governments lack appropriate tools to measure and monitor the actual impact of these reforms on achieving desired outcomes. The pandemic has also required new assessment tools to track and assess the environmental and social impact of COVID-19 related public spending. More broadly, the session will discuss initiatives and challenges relating to comprehensive measurement of public investment’s impact on the environment. Likewise, the session will present innovative assessment tools and discuss on potential future collaboration. Such measures will help to keep governments on track, providing valuable information for the adjustment and reinforcement of measures required to meet climate and environmental targets.
Session 3: Are actions worth the efforts? Measuring the impact of infrastructure governance and public procurement expenditures on climate change and inclusion