12.7.1 Number of countries implementing sustainable public procurement policies and action plans
Public procurement wields enormous purchasing power, accounting for an average of 12 percent of gross domestic product (GDP) in OECD countries, and up to 30 percent of GDP in many developing countries. Leveraging this purchasing power by buying more sustainable goods and services can help drive markets in the direction of sustainability, reduce the negative impacts of an organization, and produce positive benefits for the environment and society. The advancement of sustainable public procurement (SPP) practices is recognized as being a key strategic component of the global efforts towards achieving more sustainable consumption and production patterns. SPP stakeholders have long requested reliable and up-to-date information on activities and organizations involved in SPP. The indicator tries to assess the degree of implementing Sustainable Public Procurement action plans or policies through a composite index. . The detailed metadata is shown in this document.