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This article, released by the General Electric Company, offers some fundamentals and keys to effective and good public-private partnerships.

The article suggests that Public-private Partnerships (PPPs) that pair companies, the public sector, and civil society offer a powerful answer to this question. Partnerships can enhance true coordination, use resources efficiently, and eliminate duplicated efforts to deal with some of society’s toughest social and environmental challenges.

By taking into account the wide range of lessons learned from many different types of partnerships, and aligning PPPs with a company’s efforts to be a good corporate citizen, best practice in public-private partnerships includes balancing the interests and needs of the entities involved with the goals of providing improved access or service for communities and beneficiaries. Key areas where such partnerships should focus their efforts are also discussed in the article.