Development Co-operation Report 2016
The Sustainable Development Goals as Business Opportunities
The face of development has changed, with diverse stakeholders involved – and implicated – in what are more and more seen as global and interlinked concerns. At the same time, there is an urgent need to mobilise unprecedented resources to achieve the ambitious Sustainable Development Goals (SDGs). The private sector can be a powerful promotor of sustainable development. Companies provide jobs, infrastructure, innovation and social services, among others. Increasingly, investments in developing countries – even in the least developed countries – are seen as business opportunities, despite the risks involved. The public sector can leverage the private sector contribution, helping to manage risk and providing insights into effective policy and practice. Yet in order to set the right incentives, a better understanding is needed of the enabling factors, as well as the constraints, for businesses and investors interested in addressing sustainable development challenges.
The Development Co-operation Report 2016 explores the potential and challenges of investing in developing countries, in particular through social impact investment, blended finance and foreign direct investment. The report provides guidance on responsible business conduct and outlines the challenges in mobilising and measuring private finance to achieve the SDGs. Throughout the report, practical examples illustrate how business is already promoting sustainable development and inclusive growth in developing countries. Part II of the report showcases the profiles and performance of development co-operation providers, and presents DAC statistics on official and private resource flows.
Also available in: French
Denmark
Denmark’s support to private sector development has increased steadily over the past 15 years, with a focus on value chain development (particularly for agribusiness), small and medium enterprise development and finance, and innovative financing models based on public-private partnerships. Denmark’s private sector development strategy aims at creating an enabling environment for private sector development in developing countries. Denmark is looking to develop new instruments for catalysing private financing, matching development challenges with Danish competencies. A key mechanism for co‑ordination with business and institutional investors is the joint Danish Investment Fund for Developing Countries (IFU) and the Development Committee of the Ministry of Foreign Affairs, which meets regularly to discuss synergies.
Also available in: French
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