The Development Co-operation Report is the key annual reference document for statistics and analysis on trends in international aid. This year, the Development Co-operation Report 2012 seeks to provide insights into how to address today’s sustainable development challenges, with a focus on inclusiveness and good governance to ensure that our finite resources are equitably distributed, now and in the future.
Sharing finite resources among a growing number people – and consumers – is a critical challenge. It is in this spirit that J. Brian Atwood, Chair of the OECD Development Assistance Committee (DAC), invited several intellectual leaders on the challenges of inclusive, sustainable development to contribute to this year’s report.
- 13 Nov 2012
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The private sector driving green growth
- Jeff Seabright
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A revolution is occurring in the business arena: for many leading companies worldwide, social and environmental action is no longer solely about compliance or resource efficiency; it is about garnering competitive advantage. In this chapter, the author outlines a vision for the future in which business, government and civil society all work together, each doing what they do best, to create what none of them could achieve alone. He draws on many examples of such partnerships, such as the Water and Development Alliance (WADA) between The Coca-Cola Company and the United States Agency for International Development (USAID), which is benefiting over half a million people globally. Green paths that the business sector can follow include: mainstreaming resource efficiency into operations; valuing natural capital; and leveraging the resources of the private sector against those of the public sector to multiply the impact. The free flow of creative knowledge and expertise through partnerships is essential to drive the social and environmental changes needed to ensure a vibrant and prosperous future.