"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However, the degree of competition realized is closely related...

This report examines the potential use of auctions as a price discovery mechanism facilitating accelerated decommissioning of the global coal fleet. Despite widespread recognition of coal power's significant negative impact on climate and health as well as the urgency of acting in response to...