Bribery and corruption exist across all industries, but the engineering, construction and real estate sectors are particularly at risk, given the size, complexity and strategic importance of infrastructure-related initiatives in both advanced and emerging economies.

The Banknotes Ethics Initiative (BnEI) is an anti-corruption collective action initiative founded in 2013. It addresses the internal compliance standards of its members combined with a rigorous accreditation process administered by an external accreditation council.

The objectives of BnEI are also supported by 38 central banks, and now, some five years after its inception, the BnEI is picking up on one of its driving themes – ensuring fair competition in the procurement of banknotes.

Anti-corruption Collective Action Initiatives (CAIs) are structured efforts that bring together private sector actors with other stakeholders with the aim of preventing corruption and improving the business environment in a particular context.

The landscape of CAIs is extremely diverse. Differences cut across the type and number of stakeholders involved. Initiatives can be sector-specific or cross-sectoral. They can be applied at the community, country, regional or global level.

This document addresses the High Level Reporting Mechanism (HLRM) and its contributions to fairer market conditions in Colombia, where it is being piloted in connection with the public procurement process for the 4G Road Project. Using a Public Private Partnership approach, the 4G Road Project will be carried out over the course of seven years, completing 8,000 km of roads at an investment of US$25 billion.

The role of the HLRM will be to ensure that the program is less vulnerable to corruption and bribery risks.

 

What is the best way to join or set up a Collective Action Initiative against corruption? Learn some tips and strategies from expert Collective Action practitioners.

This is the fourth video in a 5-part series on how Collective Action can help combat corruption. Features: Gemma Aiolfi (Basel Institute on Governance), Lisa Miller (World Bank Group), Mirna Adjami (Basel Institute on Governance) and Robert Klitgaard (Claremont Graduate University). Filmed at the International Centre of Collective Action Conference 2018.