Development Business
Encyclopedia
Development Business, also known as "United Nations Development Business", "UN Development Business", "UNDB" or "DB" is an online and print publication issued by the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 Department of Public Information . It is the official source of international procurement information and contains current tender announcements, contract awards and operational summaries from all major international development banks, national governments and the United Nations System
United Nations System
The United Nations system consists of the United Nations, its subsidiary organs , the specialized agencies, and affiliated organizations...

.

Origins and Development

The United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 Department of Public Information launched Development Business in 1978 with the support of the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

, African Development Bank
African Development Bank
The African Development Bank Group is a development bank established in 1964 with the intention of promoting economic and social development in Africa...

, Asian Development Bank
Asian Development Bank
The Asian Development Bank is a regional development bank established on 22 August 1966 to facilitate economic development of countries in Asia...

, Caribbean Development Bank
Caribbean Development Bank
The Caribbean Development Bank is a financial institution which assists Caribbean nations in financing social and economic programs in its member countries...

 and Inter-American Development Bank
Inter-American Development Bank
The Inter-American Development Bank is the largest source of development financing for Latin America and the Caribbean...

.
Development Business was initially a part of its parent publication called Development Forum, which was a platform for governments and other entities to express ideas on issues and challenges in the international economic environment.

Based on an agreement between the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 and the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 in 1981, Development Business became the official source for World Bank Procurement Notices, Contract Awards, and Project Approvals. In 1998, the agreement was re-negotiated, and included in this agreement was a joint venture to create an electronic version of the publication via the World Wide Web
World Wide Web
The World Wide Web is a system of interlinked hypertext documents accessed via the Internet...

. Today, Development Business is the primary publication for all major multilateral development banks, United Nations agencies, and several national governments, many of whom have made the publication of their tenders and contracts in Development Business a mandatory requirement.

Partners

Development Business receives its procurement information for publishing from governments, the UN system and development banks. Among its long-standing partners are:
  • The World Bank
  • United Nations Procurement Division
  • United Nations Development Programme
    United Nations Development Programme
    The United Nations Development Programme is the United Nations' global development network. It advocates for change and connects countries to knowledge, experience and resources to help people build a better life. UNDP operates in 177 countries, working with nations on their own solutions to...

  • AusAID
  • Asian Development Bank
    Asian Development Bank
    The Asian Development Bank is a regional development bank established on 22 August 1966 to facilitate economic development of countries in Asia...

  • Caribbean Development Bank
    Caribbean Development Bank
    The Caribbean Development Bank is a financial institution which assists Caribbean nations in financing social and economic programs in its member countries...

  • European Bank for Reconstruction and Development
    European Bank for Reconstruction and Development
    Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...

  • Inter-American Development Bank
    Inter-American Development Bank
    The Inter-American Development Bank is the largest source of development financing for Latin America and the Caribbean...

  • International Finance Corporation
    International Finance Corporation
    The International Finance Corporation promotes sustainable private sector investment in developing countries.IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States....

  • International Fund for Agricultural Development
    International Fund for Agricultural Development
    The International Fund for Agricultural Development , a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. IFAD is dedicated to eradicating rural poverty in developing countries...

  • Islamic Development Bank
    Islamic Development Bank
    The Islamic Development Bank is a multilateral development financing institution located in Jeddah, Saudi Arabia. It was founded by the first conference of Finance Ministers of the Organisation of the Islamic Conference , convened 23 Dhu'l Qa'dah 1393 AH.The bank officially began its activities on...

  • Millennium Challenge Corporation
    Millennium Challenge Corporation
    The Millennium Challenge Corporation is a bilateral United States foreign aid agency created by the George W. Bush administration in 2004, applying a new philosophy towards foreign aid.-Background and formation:...

  • North American Development Bank
    North American Development Bank
    The North American Development Bank is a binational financial institution capitalized and governed equally by the United States of America and Mexico for the purpose of financing environmental projects certified by the Border Environment Cooperation Commission .The two institutions work together...

  • West African Development Bank
    West African Development Bank
    The West African Development Bank - WADB is an international Multilateral Development Bank established in 1973 to serve the nations of Francophone and Lusophone West Africa...


Services

Development Business follows a subscription-based model. Subscription options are made up of combinations of services including unlimited online access to projects and tender information, a print version, and monthly operational summaries issued by development banks. Online access includes a fully searchable database of:
  • Tender notices
  • Contract awards
  • Development bank operational summaries

Outreach

Development Business actively distributes its print publication to the UN Member States, especially to its partners in developing countries and least developed countries, where most projects are being implemented. In order to make its information on tenders and business opportunities available to a large pool of qualified suppliers, it has partnered with the United Nations Development Programme
United Nations Development Programme
The United Nations Development Programme is the United Nations' global development network. It advocates for change and connects countries to knowledge, experience and resources to help people build a better life. UNDP operates in 177 countries, working with nations on their own solutions to...

, UN Information centers, UN Member States and their respective Missions and several Chambers of Commerce.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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