Guy Sebban, Secretary General International Chamber of Commerce: Business plays a key role in achieving the Millennium Development Goals

This year marks the midpoint in one of the most ambitious poverty-elimination efforts ever undertaken – the UN Millennium Development Goals (MDG). In this pivotal year, when the objectives are being reassessed and strategies retooled to achieve these objectives, the biennial World Business and Development Awards (WBDA) in support of the goals, to be unveiled […]

Business-NGO Partnerships under the spotlight

E-BULLETIN FROM THE INTERNATIONAL BUSINESS LEADERS FORUM The global context of the 21st century presents new development challenges, to which single sector solutions have proven an inadequate response. Cross-sector solutions – whether to economic, social, cultural or environmental challenges – involve organisations from all sectors systematically collaborating with non-traditional partners to share risks, costs and […]

Growth, The Private Sector And The Path To Ending Poverty

Douglas Alexander, Secretary of State for International Development, set a fresh, bold direction for the UK’s aid agency, the Department for International Development, on Monday. In a speech at an event co-hosted by Business Action for Africa and the Overseas Development Institute, he pointed out that economic growth has accounted for 80% of poverty reduction […]

The public–private alliance model for development

Building partnerships takes time and requires dedicated people and resources. But ultimately there is no better way to tackle development problems. The World Bank now has a superb opportunity to use its convening power to explore with other development actors the potential for scaling up the alliance approach within a strategic framework.

Private sector roles in the partnership age

The nature and scale of development issues require effective partnerships and solutions that involve different sectors of society. These interconnected and systemic issues are best looked at in a multisectoral setting requiring illaborative solutions, with a deliberate experimentational feature—learning from tinkering—which represents a challenge to the traditional motivational, organizational, and accountability mechanism long established for […]