UNDP's work with the private sector focuses on five strategic areas:
- We offer policy advice and capacity building support to governments that wish to create a rule-based legal and regulatory climate for private enterprise and non-discriminatory markets.
- We help poor producers access markets that offer realistic prospects for sustainable, employment-intensive growth and mobility to higher paying jobs.
- We produce cutting-edge research on ‘bottom of the pyramid’ investment opportunities and sustainable business models.
- We promote investments in human capital and foster the entrepreneurial skills of the poor.
- We advocate for new forms of Corporate Social Responsibility (CSR) that leverage ‘core business’ investment to provide sustainable benefits to the poor.
Our current private sector programme portfolio consists of approximately 530 programmes in more than 100 countries, with a value over $100 million a year and growing. Most of these projects are brought to life by UNDP country offices, often in partnership with beneficiary governments, private sector organizations and individual investors.
UNDP also has a number of global programmes that are implemented at the national level with guidance and technical support from the Private Sector Division at headquarters. These programmes are Growing Inclusive Markets, Growing Sustainable Business and Public-Private Partnerships for Service Delivery.
- Growing Inclusive Markets (GIM) brings together a broad range of partners from developed and developing countries to analyze how businesses, governments and civil society can eliminate barriers to inclusive growth and give the world's 2.7 billion poorest people greater freedom of choice both as consumers and producers. One of GIM's major contributions will be a series of global "heat maps" [hyperlink] that graphically illustrate the economic activities of the poor, and how they access key goods and services.
- The Growing Sustainable Business (GSB) Initiative facilitates business-led solutions to poverty in advancement of the MDGs. Going beyond basic principles of corporate social responsibility, GSB works with the private sector to develop core business models for pro-poor growth. GSB brokers based in UNDP country offices are now working on more than 50 projects worldwide, with investment values ranging from $10,000 to $20 million. Main corporate partners include Unilever, Ericsson Shell, SAB Miller, Total, Société General, and local small- and medium-sized enterprises and business associations.
- The Public Private Partnerships for Local Service Delivery (PPP-SD) helps governments find creative solutions and form innovative coalitions to respond to their citizens' expanding needs and preferences for key services. The initiative focuses on sectors that contribute directly to achieving the MDGs, such as water supply, sanitation, local energy services, social services and public infrastructure facilities.
Global Compact: UNDP facilitates Global Compact local networks in 52 countries in developing countries and countries with economies in transition. These are voluntary networks that bring local private sector, together with civil society organizations, labour and academia to discuss corporate concerns in the area of human rights, labour standards, environment and anti-corruption and collectively address these issues through public policy dialogues and public private partnerships. For more information about UNDP's work with the Global Compact please click here.
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