The world is facing a pivotal moment of urgent global challenges for development. It is critical for the World Bank to remain vigilant against corruption in the projects it finances. This report documents how the offices of the World Bank’s sanctions system worked in FY23 to help ensure that the Banks’s funds are used in a transparent and accountable manner and only for their intended purposes. It particularly highlights the importance of collective action efforts to overcome corruption. 

This manual has been developed to help compliance officers in Croatian and Serbian State-Owned Enterprises (SOEs) to introduce or strengthen their company’s anti-corruption programmes. It is designed as a practical, easy-to-reference tool offering a variety of practices that an SOE could consider implementing, such as Collective Action, which can be a highly effective way for SOEs to fight corruption and foster integrity.

Corruption in state-owned enterprises has a unique ability to undermine governments, markets and citizens’ well-being. While international standards promote integrity in the state-owned sector, their implementation remains a challenge. This handbook describes an innovative peer-learning programme – Compliance Without Borders – and its contributions to strengthening anti-corruption compliance in state-owned enterprises. It explains the benefits of galvanising the private sector to work with their state-owned counterparts in preventing corruption and levelling the playing field.

“Fighting corruption has to be a collective effort. No single stakeholder can do it alone. Government cannot do it alone, or the public administration. If only citizens are left to fight corruption, they will struggle. And the private sector likewise.”
– Gretta Fenner, Managing Director, Basel Institute on Governance

This event has now passed. See short takeaways and quotes.

A high-level forum in the Bulgarian capital Sofia on 10 October 2023 will focus on Bulgaria’s efforts to strengthen integrity, transparency, accountability and open government through Collective Action and the active participation of the business sector.

A high-level forum in the Bulgarian capital Sofia will focus on Bulgaria’s efforts to strengthen integrity, transparency, accountability and open government through Collective Action and the active participation of the business sector.

The in-person event (with live streaming) is aimed primarily at government agencies contributing to the anti-corruption agenda, as well as private-sector participants including business and industry associations. Civil society organisations and the media will also be invited.

Our fifth Communication on Engagement to the United Nations Global Compact details our support over the last two years for the UN Global Compact and its results.

Non-business participants, including the Basel Institute, submit the CoE every two years. 

Prepared by our Collective Action team, our 2023 submission is available on the UN Global Compact website and by following the link below.

Dernièrement, l'Afrique de l'Ouest a connu une forte croissance économique et des investissements directs étrangers. Pourtant, elle perd aussi des milliards de dollars en flux financiers illicites, dont la corruption est une composante majeure. L'éradication de la corruption est essentielle pour attirer les investisseurs et favoriser le développement durable.