UNGA76 – Harnessing the private sector as the engine for driving growth, as well as a provider of alternative means of financing for development

To enable member states to design and implement policies in order to achieve sustained economic growth and transformation under the framework of the 2030 Agenda for sustainable development and Agenda 2063-the Africa we want, they are all encourage to leverage the private sector and mobilize resources.

A mission of the UN Team lead by M. Mathias Naab was in Douala where they met the GICAM (Groupement Inter-Patronal du Cameroun). The role of the Private sector in achieving our development goals is not negotiable. To achieve the SDGs by 2030, the private sector has to be fully on board. UNESCO is working on increasing the visibility of UNESCO’s donors and partners to implementing the Organization’s programmes and ensure joint ownership of results.

As the UNGA is taking place in New-York, one of the concerns of the UN Secretary General is the innovative ways to support programs. The pandemic of the COVID19, reinforced the need to put an emphasis on public-private partnerships by engaging private sector partners in UN initiatives.

To recall that, the Sustainable Development Goals Fund (SDG Fund) was established in 2014 as an international multi-donor and multi-agency development mechanism to support sustainable development activities through integrated and multidimensional joint programmes.

Its main objective is to bring together UN agencies, national governments, academia, civil society and business to address the challenges of poverty, promote the 2030 Agenda for Sustainable Development and achieve SDGs. As an inter-agency mechanism, the SDG Fund works across the UN system, currently with 14 agencies, implementing joint programmes around the globe.

 

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