The most intriguing characterization of the new Sustainable Developments Goals (SDGs), endorsed by world leaders at the United Nations General Assembly on September 25, came from Amina Mohammed, assistant secretary-general of the United Nations and special advisor on Post-2015 Development Planning. During a panel discussion at the African Leadership Forum on September 24, Ms. Mohammed described the SDGs in a novel way, as “17 opportunities for investment.” Ms. Mohammed’s comment is a recognition that the private sector will play an important role in achieving the 17 SDGs, especially those related to food security, climate change, education, health, sanitation and water, gender equality, and reliable sources of energy.The SDGs bring in a new player: the private sectorWhy is the role of business in the SDGs important?For the first time, the private sector has a recognized role in achieving the global development agenda. Indeed, in the Millennium Development Goals (MDGs), published in 2000, there was only a passing reference to the private sector, and that was to call on technology companies to enhance cell phone availability and internet penetration.The new global development agenda is significantly different: Within the SDGs, there is an appreciation of the private sector’s role in the complex process… Read full this story
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