Public procurement refers to the process by which public authorities, such as government departments or local authorities, purchase works, goods or services from companies. Every year, over 250,000 public authorities in the EU spend around 14% of GDP on the purchase of services, works and supplies. It is thus a powerful instrument to influence the market.
More specifically, public procurement can help to increase the market share of products and services that are more respectful of the environment and also contribute in the future to reduce the price of those products and services.
In addition, it might be useful for public authorities to implement joint procurement procedures in order to reduce their costs. However, public authorities have to be careful with joint procurement initiatives to not scratch completely local actors that depend on smaller procurement opportunities and cannot answer joint procurement tenders.