Cost-effectiveness and compliance
Cost-effectiveness and compliance are key to GIZ’s efficiency and long-term viability. They form the basis for the trust placed in us by our clients, partners and staff.
Cost-effectiveness, or value for money, is about achieving the optimal sustainable cost-benefit ratio. By acting cost-effectively, we improve the efficacy of our work and are therefore able to offer our clients effective and efficient services. Cost-effectiveness is also about ensuring the proper use of public funds and is therefore closely related to compliance. Compliance means acting in accordance with rules, legislation, guidelines and codes of conduct. Responsible behaviour and compliance with the regulatory framework underpins GIZ’s work and its credibility.
Thus, compliance and cost-effectiveness benefit our clients, partner countries and ultimately the German taxpayer. Above all, however, they benefit the people we are helping build a better future.