Side Event: Aligning the Private Sector to the SDGs.
Monday 20th April Conference Room B, UN New York, 1:15-2:45
Organized by UNCTAD, AVIVA, Tellus Institute and Stakeholder Forum
UNCTAD, SDSN, AVIVA, Tellus Institute, and the UN Global Compact (TBC)
This session aims to review the role of the private sector in helping to deliver the Sustainable Development Goals and Financing for Development.
The 8 and 9 April interactive dialogues on the Zero draft of the FfD 3rd Conference with the private sector and Civil Society showed huge differences in perceived role of the private sector. On the 8th the private sector felt there was not enough on the enabling environment for the private sector, while on the 9th with CSOs, there was a strong push back against the privatization of financing for development. We know public sources will not be sufficient and both the public and private sector will have to contribute to achieve the SDGs.
The private sector will play a role in the partnership to achieve the SDGs. What can they do to help fund the goals and targets? What accountability mechanisms should be put in place? What role could they play in multi-stakeholder partnerships?