The Construction Transparency Initiative (CoST)
CoST is a transparency initiative for the construction sector - inspired by the EITI experience from non-renewable natural resource sectors. The initiative was started by DfID and the World Bank and has been piloted in seven countries in 2008-2010. CoST is currently in the process of being expanded from pilot experience to a global initiative. The purpose of the initiative is to secure 'value for money' in the construction sector. For more information - see http://www.constructiontransparency.org/
CMI researcher Tina Søreide, who was employed by the World Bank 2008-2010, has been closely involved in the development of the CoST initiative. In this project she continues some of this enagement from CMI.
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