From valorinternational · · 50s
Public Procurement Boosts Sustainability
Brazil's public procurement spending could drive climate resilience through strategic contracts.
In brief
Brazil's public procurement spending could drive climate resilience through strategic contracts. Brazil's public procurement spending of R$1.2 trillion in 2024 shows potential to advance climate resilience through strategic contracts. Originally reported by valorinternational.
Public Procurement Scale
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Public procurement totaled R$1.2 trillion in 2024.
Economic Impact
The amount was equivalent to 10.2% of GDP.
Municipal Spending Growth
Municipal share of public procurement nearly doubled from 22.6% in 2013 to 43.4% in 2024.
Public Works Spending
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Spending on public works represented nearly 14% of total procurement in 2024.
Sustainability Strategy
The study highlights potential for climate-resilient public works contracts.
Regional Procurement Patterns
Southeast accounted for 40.4% of Brazil's total public procurement in 2024.
What to remember
Brazil's public procurement spending of R$1.2 trillion in 2024 shows potential to advance climate resilience through strategic contracts.
