This resource outlines the need for CoST, the four core CoST features and the impact we’ve seen across our member programmes.
It is estimated that between 10% and 30% of investment in infrastructure is lost due to corruption, mismanagement and inefficiency. Our experience indicates that increasing infrastructure transparency, participation, and accountability helps to drive reforms that reduce mismanagement, inefficiency and corruption. Applying this approach results in cost savings of magnitude, helping to deliver better-quality infrastructure for millions.
The value of CoST has been felt in myriad ways at local and national levels. This resource outlines examples of our most recent impact in Afghanistan, Uganda, Thailand and Honduras.