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Reaching the MDGs - UNDP & Global Compact

Reaching the MDGs - UNDP & Global Compact. United Nations Development Programme. The Global Compact. UN Secretary-General Kofi Annan asks business to help build a more stable globalization that benefits all countries and peoples. .

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Reaching the MDGs - UNDP & Global Compact

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  1. Reaching the MDGs - UNDP & Global Compact United Nations Development Programme

  2. The Global Compact UN Secretary-General Kofi Annan asks business to help build a more stable globalization that benefits all countries and peoples. “Let us choose to unite the power of markets with the authority of universal ideas. Let us choose to reconcile the creative forces of private entrepreneurship with the needs of the disadvantaged and the requirements of future generations.” World Economic Forum, 1999

  3. The Global Compact • Asks business leaders to "embrace and enact" • a set of universal principles in the areas of: • human rights • labour rights • environment …and to support the broad UN goals of peace and development by participating in concrete projects: MDGs Companies are asked to take action: Within company operations In societies where they operate

  4. Global Compact: Division of labour Incorporating the nine principles in business operations: OHCHR, ILO & UNEP “Guardians of the principles” Localizing the Compact, facilitating partnerships: UNDP “The operational arm of the UN” Supporting the engagement of SMEs UNIDO …and providing overall coordination and supports UN Global Compact Office

  5. The Global Compact “I called for a compact – not a contract; not a code of conduct; not a set of regulations, or new system of monitoring, but a concrete expression of global citizenship. I was looking for something that would strengthen the economic openness that business needs to succeed, while also creating the opportunities that people need to build better lives.” World Economic Forum, 2004

  6. Global Compact – Phase two UNDP has been asked by the Secretary-General to support the introduction of the Global Compact at the country level, and UNDP looks at the Global Compact as an important platform for initiating and building constructive and action-oriented partnerships with businesses.

  7. Global Compact — Projects “Ultimately it is by generating developmental benefits through projects that the Global Compact will make its critical contribution. Principles and projects, values and action go hand-in-hand.” ”Partnerships: A crucial part of Global Compact in order to give the nine principles meaning.” George Kell, Global Compact

  8. Global Compact — Local networks UNDP - lead agency for taking the Compact to country level Dialogue / policy dimension Government, business and civil society Networking, ideas & opportunities Projects for MDGs / implementing 9 principles Learning / sharing

  9. Global Compact — Local networks UNDP leads Global Compact in some 30 countries • Key steps and activities: • Consult with and inform leading business organizations • & influential company leaders • Engage the GC core UN agencies • Establish a steering group of champions • Undertake sensitization & outreach to mobilize interest • Organize a launch workshop • Provide hands on training and dialogues on GC principles • Identify key development priorities where business can play role • Define solutions and develop partnership projects • Learn and share

  10. Growing Sustainable Business A Global Compact related initiative UNDP as Broker i) Broker ‘sustainable’ investments - New business models; large–small enterprise linkages ii) Multi-stakeholder alliances to ensure sustainability & Investment examples: • EDF, ABB – support peri-urban, rural electrification • Ericsson - support rural telephony with local partners • Total – local transportation & distribution • TetraPak – local dairy production • Unilever – local sourcing and distribution • Hotel chain & local operators - eco tourism

  11. Growing Sustainable Business Brokering investments Business: Innovative business models Managerial resources Technology, skills, standards Reach (MNCs) Access to finance Governments: Leadership / strategy Transparency Policies & regulations Fiscal incentives Basic infrastructures GSB Initiative Dev. Org:s & NGOs: Facilitation / convening Support of Sustainable Dev. Attract international attention Local knowledge Finance (IFIs, bilaterals) Local communities: Entrepreneurship Local knowledge & innovation Human capacity Understanding of local needs

  12. Growing Sustainable Business Brokering investments • STEP 1 • Identify companies interested in participating & leading • Identify & consult with other key stakeholders • Identify potential sustainable business opportunities • Identify key policy & other constraints, other relevant initiatives • STEP 2 • Convene multistakeholder workshop in country to: • Discuss role of private sector in overall development (PRS etc) • Identify, review, endorse specific investment projects • Agree on next steps, e.g. • - Form specific project alliances • - Form country GSB steering group • STEP 3 • Begin detailed design and implementation of projects • Base projects on transparency and sustainability principles • Report progress, learn, advocate & broker additional projects

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