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Development co-operation actors are increasingly working with the private sector in their projects and programmes to address the challenges brought by the pandemic and climate change, and to deliver on the 2030 Agenda at the country level. This trend has created a demand by these actors for more practical guidance on how to design, implement or review a private sector engagement (PSE) policy, programme or project.
The GPEDC is working with a multi-stakeholder group to develop a set of toolkits that provides guidance for stakeholders to apply the Kampala Principles for Effective Private Sector Engagement – a set of 5 normative principles and 16 sub-principles.
The toolkits will come in five parts with tailored advice to development partners, partner countries, private sector, civil society and trade unions. The ultimate goal of these toolkits is to inspire stakeholders to invest in new ways of collaborating with the private sector as a genuine partner in development co-operation in the pursuit of the 2030 Agenda and the SDGs. After open, online consultations all five toolkits will be launched at the upcoming Effective Development Co-operation Summit in December 2022.
Private sector projects involve a variety of actors on the ground beyond governments and private sector with different interests and needs for information. This is why your opinion is important to develop targeted advice to stakeholders engaged in development co-operation.
Many thanks Kim Bettcher for these detailed comments, questions and suggestions focusing on sections of the toolkit on many of the sub-principles. This is highly appreciated - we will take these points into account for the further refinement of the toolkit.