Engaging the private sector through development co-operation is about working together in a way that is driven by mutual benefits: purpose and profit. It is an approach that supports national and international development priorities like the UN Sustainable Development Goals and is a collaboration of diverse partners across the private, public, and development sectors.
Climate change, COVID-19 recovery, and many other sustainable development challenges stand before us in the years ahead. These challenges cannot and should not be tackled alone. Development partners want to work with you!
The private sector is innovative and creative. The international community and development partners want to leverage these ideas and skills to achieve the Sustainable Development Goals while also recognizing the need for companies to make a profit. Working together is a win-win approach based on shared value creation.
There’s a clear business case for co-operation and for working toward the Sustainable Development Goals. Here are our top 10 reasons for co-operation:
Getting started with the Kampala Principles
In 2019, the Global Partnership for Effective Development Co-operation (GPEDC) launched the Kampala Principles.
These five Kampala Principles were designed by and for the business community, governments in developing countries and their development partners, civil society, and other stakeholders. The Principles are meant to enhance the effectiveness of development partnerships with the private sector at the country level.
Are you already championing the Kampala Principles in your work? Scroll down to tell us your real-life story of #CooperationInAction for the chance to contribute to an international event.
Soon also to be released are a series of case studies that illustrate the Kampala Principles and #CooperationInAction in three countries.
What comes next?
Are you ready to reach new consumers, engage more diverse partners, and enter or become more competitive in emerging markets — all while solving some of the world’s most urgent challenges?
Share this blog post and tell us your real-life story of #CooperationInAction here.
Your stories could contribute to the Global Partnership’s reflections on private sector engagement in the lead-up to its next High-Level Meeting in 2022 which attracts high-level, international stakeholders from governments, civil society, and the private sector.