- Global Compact (GC)
- Inter-agency initiative “to challenge businesses
around the world to take greater responsibility
in society and act upon a set of universally recognized
principles”
- “Important framework for initiating and
building action-oriented relationships between
business and other sectors, including governments,
civil society and the UN”
- Main components of framework are: outreach and
advocacy; policy dialogue; partnership projects
and initiatives; learning
- Growing Sustainable Business (GSB) is anchored in
GC
- Facilitates business-led “enterprise solutions”
to poverty in advancement of the MDGs, where “profit
and incentives justify real investment and financial
sustainability is embedded in the design”
- Leverages “UNDP’s impartiality, its
convening power, and its ability to facilitate
and coordinate, and to create space at country
level for interested stakeholders to come together”
- Delivery mechanism consists of:
- A full time broker for each country, who
acts as a convener and intermediary, and helps
identify, develop and support specific projects
- Research Platform: Co-funding with participating
companies for socio-economic and feasibility
studies informing business plans
- Technical Assistance Platform: Help prepare
local stakeholders, including entrepreneurs,
CSOs and government, to play a role in the
implementation of a GSB project
- Launches of “Unleashing Entrepreneurship”
at country and regional level
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- Brokerage of sustainable pro-poor investments, including
activities such as:
- PPPs for service delivery
- Promotion of investments, and new business models
- Facilitation of market access, deployment of
technology, and promotion of enabling business
environment
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