Over the past 10 years, the Partnering Against Corruption Initiative (PACI) has become the leading global business voice on anti-corruption and transparency. Comprising nearly 100 active companies, PACI is one of the strongest cross-industry collaborative efforts at the Forum. The initiative creates a more visible, dynamic and agenda-setting platform, working with committed business leaders, international organizations and governments to address corruption, transparency and emerging-market risks.
The community of purpose has been expanding its work under the PACI Vanguard CEO leadership and moving towards the implementation of a global anti-corruption agenda. This agenda is largely informed by the action plans of the G20 and B20 anti-corruption dialogues.
Select PACI Projects and Initiatives Driven by identified needs and interests of PACI Member companies, PACI undertakes initiatives to address industry, regional, country or global issues in anti-corruption and compliance.
Regional Initiatives – High-level business-government-civil society meetings are held across emerging and high-growth markets on the key drivers of corruption and emerging trends that support the fight against corruption. In 2014, strategic dialogues on anti-corruption were held in the Philippines and Nigeria; and at a special session at the India Economic Summit linked to the PACI Vanguard agenda.
Industry Projects – Collective Action in the Infrastructure and Real Estate Industries: An in-depth review of corruption and transparency challenges in the infrastructure and real estate industries through a dialogue series and supporting risk analysis. The objective of this multi-year collaborative project (currently Building Foundations for Transparency) is to achieve CEO-level commitment to a mutually developed framework for collective action on sector-specific priorities.
Global Agenda Council on Transparency & Anti-Corruption
In the 2014-2016 term, the Global Agenda Council on Transparency & Anti-Corruption will support large-scale transformation by identifying and advancing the core levers of change, such as B20 collective action hubs, and harmonizing legal framework to design corruption out of the system at global, regional and industry levels. The council will continue its efforts through focused workstreams to increase awareness and greater public education on this issue through social media, educational programmes and other mechanisms. For more information about the council, visit the webpage here.
B20 Task Force on Anti-Corruption
This year the B20 Turkey continued to focus on priority areas pursued under the Australian presidency of 2014 to reflect the Turkish G20 presidency’s focus on boosting economic growth and creating jobs. Anti-corruption is one of those priority areas and the Turkish B20 presidency decided to dedicate a separate task force for anti-corruption. The Anti-Corruption Task Force (ACTF) has more than 70 members who are mostly senior executives from business, business associations and professional services firms. The ACTF is also assisted by EY as Knowledge Partner and the World Economic Forum and International Chamber of Commerce (ICC) as Network Partners. The membership is broadly representative of the G20 countries.
PACI, curates the body of knowledge generated from the B20 either through industry-specific projects or through the Global Agenda Council on Transparency & Anti-Corruption and incubates some of the most forward-looking projects that the community could implement while strengthening relationships with other, highly reputable organizations through public-private cooperation.
Objectives
The aims of the initiative are to:
Support corporate citizenship and set the global agenda through the PACI Vanguard, a CEO-driven anti-corruption community of purpose
Form targeted industry/regional/country initiatives and collective action projects supported by the PACI Community and the PACI Task Force
Support large-scale transformation in the transparency and anti-corruption arena by identifying and advancing the core levers of transformation, such as B20 collective action hubs, harmonizing legal frameworks, and designing efforts to increase public awareness on corruption.
Contact
For more information about becoming a member of PACI please refer to the PACI Membership application form that can be found here or contact a member of the PACI team at paci@weforum.org
This post first appeared on The World Bank’s Governance for Development Blog.
An expatriate Indian physics professor, when traveling back home to India, found himself harassed by endless extortion demands. As a way to fight corruption by shaming the officials who ask for bribes, the professor created a fake currency bill: the zero-rupee note.
The notes are identical to Indian banknotes, but carry the slogan, “Eliminate corruption at all levels,” and the pledge, “I promise to neither accept nor give bribe”.
This post first appeared on The World Bank’s Governance for Development Blog.
We know corruption in developing countries affects poor people the most. It also impacts firms in many ways.
Here are five charts showing how corruption is affecting businesses from South Asia to Sub-Saharan Africa.
These charts are based on surveys of more than 13,000 firms in 135 countries, by World Bank Enterprise Surveys. It collects data directly from firms to study an economy’s private sector.
Over 50% of companies in Middle East and North Africa ...
Poorly equipped schools, counterfeit medicine and elections decided by bribes are just some of the consequences of public sector corruption. According to Transparency International, nowhere on earth is deemed totally free of corruption. Denmark, New Zealand, Finland and Sweden were rated the least corrupt nations worldwide, according to Transparency International.
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Author: Niall McCarthy is Media Relations Manager at Statista.
The recent deaths of asylum seekers attempting to reach European shores have prompted ongoing calls for action. But, given the scale of the issue, only a comprehensive, global program can go some way to solving the crisis.
The UN High Commissioner for Refugees (UNHCR) notes that more than 366,000 refugees have arrived in Europe by sea so far in 2015. And 80% have come from the world’s top ten refugee-producing countries, including half from Syria.
This can be a deadly voyage. The International Organisation for Migration reports that at least 2373 migrants have already died ...
On the African continent, we talk a lot about international justice. With good reason: like anywhere else in the world, Africa has bad guys who must be brought to book, violence that should be accounted for and criminal activity – think drugs, human trafficking and conflict minerals – that must be stopped.
But international justice is particularly pertinent to Africa. The continent’s unusually numerous and especially porous borders make transnational crime prevalent. The under-developed (and overly-politicised) legal systems of too many African countries often make domestic ...
