Green Public-Private Partnerships (PPPs) as an Instrument for Sustainable Development

Abstract

The purpose of this paper is to analyse green Public-Private Partnerships (PPPs) as an instrument to contribute to sustainable development. The research of the green PPPs in their international context and the innovative mechanisms for their financial support and implementation is made through a review of their role in the global sustainable development agenda and the policy of the European Union as well as a survey of several case studies. The conceptual framework contains the theoretical background of green PPPs as innovative investment solutions, and the discussion of the results is presented afterwards. The author gives recommendations for overcoming the challenges of the green economy, especially the perception of the collaboration between the private and public sectors in accomplishing the Sustainable Development Goals (SDGs). Particular attention is paid to the new dimensions of cooperation as one of the key factors for achieving better socio-economic and environmental conditions.