|
Donor Initiatives:
The World Economic Forum’s Financing for Development Initiative – the final report Building on the Monterrey Consensus: the growing role of public-private partnerships in mobilizing resources for development provides recommendations regarding how multilateral development banks and bilateral aid ministries could better leverage their capital to promote development, particularly in the 94 countries classified as middle income by the World Bank. Based on nearly two years of consultations with over 200 public, private, academic and NGO experts, the initiative concludes that the activities of these public institutions should shift over time from issuing direct loans and grants to catalysing greater domestic and foreign private investment in developing countries through the following:
- Wider use of risk mitigation instruments to alleviate part of the risk faced by investors, and
- Stronger direct support for capacity building to strengthen the enabling environment for investment.
Harnessing Private Sector Capabilities to Meet Public Needs: The Potential of Partnerships to Advance Progress on Hunger, Malaria and Basic Education. This report shows that there is significant potential for the private sector to help meet the Millennium Development Goals on hunger, malaria and basic education. It identifies priority actions for companies to take and presents over 45 examples of ongoing corporate efforts on these three issues.
Other Private Sector Initiatives: World Economic Forum
Irish Aid
UN
The Commission on the Private Sector & Development was convened by Secretary-General Kofi Annan in July 2003 in an effort to identify and address the legal, financial and structural obstacles blocking the expansion of the indigenous private sector in developing nations - especially in the poorest regions and communities in those countries. The Commission focuses on how business can create domestic employment and wealth, free local entrepreneurial energies, and help achieve the Millennium Development Goals.
OECD
Promoting Private Investment for Development: the Role of ODA Donors are supporting a vast range of activities that affect investment, both domestic and foreign. They spend around 20% of their aid on these. The OECD has developed this Policy Guidance to help DAC members use their ODA more effectively to mobilise private investment for development.
- the regulatory environment for foreign direct investment in African countries; and
- the experiences with, and the prospects for, private participation in infrastructure and the utilities sectors.
World Bank
Fair Trade Initiatives:
Heart of Africa: A group of Irish business people have come together to launch a new African food brand on the Irish retail market. ‘‘Heart of Africa’’ has been developed as an ‘Aid-for-Trade’ project where the maximum possible return is generated to assist sustainable economic growth for African businesses and communities. All its activities are governed by ethical principles and all profits made from the brand are reinvested in African businesses and communities.
Traidlinks aims to become the focal point for Irish businesses wishing to engage in commercial and socio-economic activities in the developing world. Traidlinks will work to engage the Irish business community in promoting enterprise to diminish poverty in the developing world. (Report: Promoting Enterprise in the Developing World).
Fairtrade Mark Ireland awards a consumer label, the FAIRTRADE Mark, to products which meet internationally recognised standards of Fairtrade.
Make Trade Fair Oxfam Ireland is an independent member of Oxfam International a group of twelve non-governmental agencies dedicated to fighting poverty and related injustice around the world. The Oxfams work together to achieve greater impact by their collective efforts.
Fairtrade Labelling Organizations International (FLO) is the worldwide Fairtrade Standard setting and Certification organisation. It permits more than one million producers, workers and their dependants in 50 countries to benefit from labelled Fairtrade.
IFAT -the global network of Fair Trade Organizations. Their mission is to improve the livelihoods and well being of disadvantaged producers by linking and promoting Fair Trade Organizations, and speaking out for greater justice in world trade.
|
