Author: G20 Development Working Group
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
ISBN:
Category : Business & Economics
Languages : en
Pages : 13
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Book Description
In keeping with the Turkish Presidency’s focus on inclusiveness, the G20 has strengthened its work on shared prosperity within and beyond G20 Members, as well as its engagement with low income developing countries, partners in civil society and the private sector. The G20 is a very important forum in bringing traditional donor countries and emerging and South-South development partners together, enabling its members to explore new ways to co-operate. At the G20 Antalya Summit in November 2015, the Leaders of the G20 formally endorsed the G20 Leaders’ Call on Inclusive Business, the G20 Inclusive Business Framework and called for the establishment of the G20 Global Platform on Inclusive Business. The new G20 Inclusive Business Framework, designed with the support of UNDP and the World Bank, opens up new opportunities for low-income people and communities to participate in markets. The framework will also serve as tool for the G20 engagement in the effective implementation of the SDGs. Objective The Framework defines inclusive business, sets out recommendations to enable inclusive business and presents policy options for G20 and non-G20 governments, companies, and international financial institutions to promote and support inclusive business as a means to end poverty.
Author: G20
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
ISBN:
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
Inclusive Business (IB) was a central theme of the 2018 G20 Argentine Presidency. To supplement the G20’s Development Working Group’s efforts, the Inclusive Business Activities Summary Report was developed by the Inclusive Business Action Network (iBAN) and the UNDP, wherein 47 best-practice case studies of projects, initiatives, and policies are analysed. IB practices seek to build wealth with low-income people, who are often underserved by businesses, in a scalable and commercially viable manner. Extending the wealth-generating power of business to low-income communities is seen as an effective catalyst for lifting people out of poverty. Indeed, the report notes the importance of IB, remarking that; ‘the future of work and the successful implementation of the Agenda 2030 hinges on the inclusion of those at the so-called Base of the Economic Pyramid (BoP), who earn up to US$8 per day and constitute half of the World’s population.’ – p.4. The report provides insights on the IB activities undertaken by the member States of the G20, invited countries and International Organisations (IOs). The insights include IB activities in different sectors, funding mechanisms, and the forms of inclusion of individuals at the Base of the Pyramid (BoP). By providing perceptions on the enabling environment and connecting practitioners, the aim of this report is to help scale up IB and encourage the replication of good practices in more countries to accelerate their efforts to be more inclusive, ultimately helping to achieve the United Nations’ Sustainable Development Goals. The Inclusive Business Activities Summary Report outlines the theoretical underpinnings of IB whilst also analysing some illustrative examples. The report highlights how states are taking steps to create corporate environments that are conducive to the thriving of IBs. There are fantastic opportunities, both for material gain and global sustainable development, to be unlocked through IB, and this report helps to detail the roadmap for policymakers, investors, and businesses as they shift towards IB. Report Findings Within the 47 case studies, engaging with the BoP as suppliers and customers were the most prevalent IB practices (31 and 27 cases respectively, including overlapping cases). Moreover, the most popular sectors for BoP engagement were agriculture (29) and the manufacture and retail of consumer goods (21). Given that one of the designated aims of the report is to improve policy-maker’s understanding of IB, the report also addresses the intervention priorities of states seeking to overcome the four key barriers to a healthy IB ecosystem, these are; information (26% of projects), rules (12%), capacity (35%), and finance (27%). The case studies were selected by participating states and IOs, therefore a majority of the projects (28) were state-funded in origin, yet a significant proportion of cases (19) also received some private sector backing, with 39% of cases receiving a blend of two-or-more financing sources. 40% of the projects were domestically governed, thus demonstrating the faith that emerging economies have in IB as a means to enhance development aims. Case Studies The annex to the report provides a concise synopsis of each case study. Many of these examples take a multi-faceted ad multi-stakeholder approach to tackling barriers to IB; for example, the USA-led 2X Challenge unites Development Finance Institutions to mobilize $3bn USD to invest in women around the world and demonstrate best practices of transparency, accountability and sustainable investment policy. Other case studies present domestic initiatives by states to promote IB in very specific areas. For example, the Australian Indigenous Procurement Policy (IPP) directly engages with Aboriginal communities as entrepreneurs and retailers. It seeks to leverage the Commonwealth’s procurement spending to facilitate Indigenous inclusion in value chains through setting targets for contracts with Indigenous Businesses, as well as providing minimum targets for Indigenous involvement in large-scale projects. In 2018, the IPP has helped to secure 3,291 contracts for 723 Indigenous businesses worth $205m USD. IB presents an exciting opportunity for businesses to take an active role in achieving the SDGs and will remain a core thematic area for the G20 Development Working Group (DWG) going forward.
Author: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
Although the number of inclusive businesses has risen substantially over the past decade, they are still far from the desired level. Furthermore, most of the existing inclusive businesses are not elaborated to their full potential. To discover why, the IICPSD has posed two main questions: First, what do successful initiatives that reach their full potential in terms of scale and impact have in common? Second, what is the private sector’s current level of knowledge, engagement and awareness of inclusive business? This report addresses these questions and presents findings from four stages of research. A comprehensive literature review and an analysis of 150 successful inclusive business cases around the world were conducted to answer the first research question. In-depth interviews with top-executives from ten businesses and a survey of 680 companies in Turkey was also carried out to tackle the second concern.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292611712
Category : Business & Economics
Languages : en
Pages : 86
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Book Description
The report explains the current state of inclusive business (IB) models from the People's Republic of China, drawing from domestic and international company examples and practices. Key characteristics of IBs in terms of sector, size, and business model, and challenges facing these IBs are discussed. It also presents opportunities for IB to build on existing government programs, and proposes actions various stakeholders can take to promote the growth of IB in the People's Republic of China.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292611739
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
This report illustrates the current state of inclusive business (IB) models in the Asia–Pacific Economic Cooperation (APEC) economies, particularly the market potentials, constraints, and necessary policy instruments for an enabling environment for IB. A profile of IB initiatives, the overview of the base of the pyramid market size, and the IB ecosystem in each APEC economy as well as a recommended a framework to guide future work on IB under the APEC regional economic cooperation agenda are also included in this report.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929257390X
Category : Business & Economics
Languages : en
Pages : 70
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Book Description
Inclusive businesses are commercially viable business models that provide in-scale innovative and systemic solutions to problems relevant to the lives of low-income people. Inclusive business companies often involve women in their value chain and provide specific services that help low-income women. This report assesses the extent to which inclusive business models promote women's economic empowerment. Examples come from the inclusive business portfolios of Asian Development Bank, Inter-American Development Bank and International Finance Corporation. The report finds that inclusive businesses are indeed bringing positive change to women’s lives and that addressing gender-based constraints also yields business benefits. However, a company’s financial return and its social impact can be maximized only if companies understand and address systemic issues of gender inequality.
Author: United Nations Development Programme (UNDP) Philippines
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
ISBN:
Category : Business & Economics
Languages : en
Pages : 80
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Book Description
The report, Business+ Philippines, provides valuable insight about the level of inclusiveness among Philippine companies today. It presents the results of a baseline survey among Philippine companies to understand their current levels of awareness, knowledge, and engagement in Inclusive Business, and to determine challenges and opportunities for adopting Inclusive Business models in their operations. The Business+ study, conducted by the Philippine Board of Investments and UNDP Istanbul’s International Center for Private Sector in Development in partnership with the country’s most prominent business associations, involved 223 companies in the Philippines.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264580212
Category :
Languages : en
Pages : 40
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Book Description
As the world's premier forum for international economic co-operation, the G20 plays a critical role in helping to achieve the 2030 Agenda for Sustainable Development. Based on robust evidence and available data, this report examines how the G20's contributions to the global goals across key sectors are already making a difference, while also suggesting where it could go further in leading by example to support the global goals. Collectively, G20 members account for around 85% of global gross domestic product, 75% of world trade and 80% of global carbon dioxide emissions – to name just a few areas of the G20's influence. This report, commissioned by the Government of Japan in support of its 2019 G20 Presidency, takes stock of the G20's progress to date against its Action Plan on the 2030 Agenda for Sustainable Development.
Author: Arno J van Niekerk
Publisher: UJ Press
ISBN: 1776402367
Category : Business & Economics
Languages : en
Pages : 506
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Book Description
There is one serious missing link at the center of today’s capitalism. It is a disequilibrium between increased economic interconnectedness and increased isolation/exclusion. This unique challenge in the 21st century calls for a unique solution: Ubuntu. Africa might be the last place where experts would look for an economic solution, but it ironically holds the secret to restoring the right equilibrium in the economy. Ubuntu’s ability to reconnect the marginalised with the mainstream by putting emphasis on our humanness, connectedness, collective growth through expansion and improved efficiency creates new capacity for the economy to rebalance itself towards genuine and sustainable progress. Ubuntu encapsulates that which is the opposite of economic exclusion (i.e. inequality, poverty, unsustainable growth, limited profits, etc.), namely economic inclusion. However, only a small window of opportunity exists – in and after the COVID-19 pandemic – to implement Ubuntu as a fundamental economic principle in order for it to be an effective remedy. The global economy and most local economies have entered the phase of rebuilding with a serious drawback: after the previous global financial crisis, both the economy and government’s capacity to recover are severely limited as unemployment levels, debt levels and natural resource depletion levels keep soaring, resulting in dangerous levels of economic exclusion and social instability. To this and more, the inclusive economy presents tangible solutions.
Author: United Nations Development Programme
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
ISBN:
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
UNDP’s Private Sector and Foundations Strategy for the Sustainable Development Goals 2016–2020 defines how UNDP plans to engage with – and work on – sustainable development issues with the private sector and philanthropic foundations. The goal is to enable these actors to become transformative partners in implementing all Sustainable Development Goals (SDGs) in order to achieve UNDP’s vision of poverty eradication and a reduction in inequalities. The strategy aims to position UNDP as a partner of choice for the private sector and foundations in SDG implementation, while maximizing the impact of the private sector and philanthropy on sustainable development. The target audience for this strategy includes our partners in the private sector and philanthropy as well as UNDP Headquarters units, regional bureaux, regional hubs and country offices that work with the private sector and foundations on development issues. It explains UNDP’s programmatic approach in working directly with the private sector and foundations as well as with other partners involved in development. By engaging the private sector and foundations through this strategy, UNDP can support governments to establish an enabling environment for aligning these stakeholders’ core operations with the SDGs. This strategy is complementary to UNDP’s Green Commodities and Trade Guidance Note, UNDP Guidance Note on Jobs and Livelihoods, UNDP’s Strategy for Supporting Sustainable and Equitable Management of the Extractive Sector for Human Development, International Financial Institutions Partnership Strategy 2016-2020, the Recovery Strategy, UNDP support to the implementation of the 2030 Agenda for Sustainable Development Policy and Programme brief and the Mainstreaming, Acceleration, Policy Support Approach (MAPS) enabling responsive, coherent and inclusive support to the implementation of the 2030 Agenda for Sustainable Development.
