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Putting the Kampala Principles to action: Takeaways from this year’s OECD Private Finance for Sustainable Development Week

3. Februar 2020 - 16:19

For the coming ten years, to be a decade of action, there is an urgent need to ensure that private investments are aligned with the Sustainable Development Goals (SDGs) and achieve real development impact. Against this backdrop, the 2020 OECD Private Finance for Sustainable Development (PF4SD) Conference in Paris brought together a cross-section of over 600 policy and decision makers from emerging, developing and OECD countries, investors and representatives of corporations, and leading experts from development finance institutions, research centres, foundations, and civil society. During the three-day conference (28 – 30 January), speakers and participants discussed how to work better together to leverage additional finance and expertise from the private sector, and create and strengthen partnerships that deliver solutions in line with the SDGs. 

“We need to join forces to ensure that existing investments are better aligned with the SDGs, and to drive more investment towards sustainable development in the toughest contexts, to make the greatest difference”, Angel Gurría, Secretary-General of the OECD, urged the audience, underlining that “this requires to think beyond business as usual. The private and public sector have to work together in new ways to create incentives and to shift more finance to sustainable development outcomes and spur innovation.”

Putting the Kampala Principles to work: Inspiring case stories showing the way forward

The Kampala Principles for Effective Private Sector Engagement, launched in July 2019 in New York, were at the heart of discussions in Paris. The Global Partnership for Effective Development Co-operation (GPEDC) facilitated a series of discussions around how to address the concerns and needs of the business community, governments, development partners, and civil society and trade unions to foster trust and work together towards the SDGs. Discussions focused on practical ways to maximise the impact of private sector engagement in development co-operation and on how to address common challenges such as partnerships between private and public actors –including a lack of safeguards in the use of public resources, insufficient attention to results and outcomes, and limited transparency and accountability. 

Concrete country insights showcased how aligning to the Kampala Principles is adding value. For example, the Kenya Private Sector Alliance (KEPSA) shared how inclusive public-private dialogue helped to significantly improve the business environment in Kenya.  The Rwanda Development Board explained how effectively including the business community in national development planning processes can have a real impact on eradicating extreme poverty while increasing accountability and transparency among development stakeholders. 

The conference showed the great interest and ongoing efforts to actively work with the private sector on delivering on the 2030 Agenda. Yet, there remains tremendous potential for increasing the development impact of private sector partnerships on the ground. For this reason the Global Partnership and its constituents – as part of GPEDC’s new work programme – will continue to support partners in putting the Kampala Principles into action. These five Principles will help governments to align their engagement with the diverse domestic and international private sector, together with civil society and other relevant actors, to their overall strategic priorities.

Please share your case stories and examples of where the Kampala Principles are brought to life in your work and get engaged by contacting:

Kategorien: english

Seoul hosts the Busan Global Partnership Forum, 18th Steering Committee Meeting’s deliberations on the next work programme

18. Dezember 2019 - 22:28

The Steering Committee and Joint Support Team. 

The 5th edition of the Busan Global Partnership Forum (4-5 December), and the 18th Meeting of the Steering Committee (5-6 December) were hosted by the Republic of Korea in Seoul, rounding out a year in which they also marked their return to the Steering Committee.  

Busan Global Partnership Forum

The Forum was opened by the Vice-Minister from the Ministry of Foreign Affairs, HE Mr Taeho Lee, with remarks from Global Partnership Co-Chairs, HE Mrs Elysée Munembwe Tamukumwe, Deputy Prime Minister and Minister of Planning, Democratic Republic of the Congo, and HE Mr Mustafa Kamal, Minister of Finance, Bangladesh. Dr Deb Bhattacharya, Distinguished Fellow at the Centre for Policy Dialogue (CPD) provided the keynote address, calling for new learning to ‘push the needle’ on the effectiveness narrative, and make sure it was responding to evolving development realities.  

The Forum brought together nearly 200 participants from national governments, academia, civil society, and other stakeholders, to review key trends in development cooperation and development effectiveness. The basic framing of the effectiveness conversation was the 2030 Agenda, with sessions variously looking at constituent elements, including the FfD process, and the SDGs. 

Rich discussions picked up on the momentum following the Global Partnership’s Senior-Level Meeting held in New York in the margins of the UN High-Level Political Forum in July 2019, and on how we might re-orient the discourse toward sustainability, with each of the effectiveness principles – country ownership, inclusiveness, focusing on results, and mutual accountability – a good metric for sustainable interventions. 

18th Steering Committee Meeting

The Steering Committee Meeting focused on the Co-Chairs’ proposal for the new work programme , creating space for partners to align and contribute their own efforts on development effectiveness. Deliberations were structured around each of the three proposed strategic priorities – advancing development effectiveness efforts for the 2030 Agenda, building better partnerships, and leveraging monitoring for action. 

The Committee broadly agreed on the overall vision for the Global Partnership, calling on the need for more collective actions, and for more effective interventions, going into the ‘decade of action’. The meeting also discussed the importance how to strengthen the Partnership’s flagship monitoring exercise, while making it lighter and more amenable to translation into policy action. Given the need for reflection, it was recognized that the monitoring would not happen in 2020 in the same way as previous years. Other issues discussed included firmly anchoring the work of the Partnership at the country level, strengthening engagement of partners across constituencies, generating and sharing evidence, and knowledge; and reinvigorating political momentum and outreach. 

In moving into the second work programme of the Partnership, a number of Steering Committee members have already come forward to lead on a number of proposed ‘action areas’. Steering Committee members, GPIs and other actors are invited to express their interest in participating in and co-/leading them, and work on substantive proposals for contributions.  

The European Commission announced its intention to host a workshop (now confirmed for 18-19 March 2020), for technical experts engaged in work programme preparations to accelerate the finalization of the work programme. 

In addition to the new Co-Chairs, from DR Congo and Switzerland, warm welcomes were extended to the Republic of Korea, replacing Japan; Ivory Coast, representing recipients and Francophone African countries; Colombia, replacing Mexico; IADB, represented by ADB, for the MDB Group, replacing the World Bank; and WINGS, who have replaced the Aga Khan Foundation.

A summary of the Steering Committee Meeting can be found here , and relevant background material here . 

Kategorien: english