Achieving the goals of the 2030 Agenda in cooperation with the private sector

Project description

Title: Private Sector Cooperation Sector Project 
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)
Country: Global
Lead executing agency: German Federal Ministry for Economic Cooperation and Development (BMZ)
Overall term: 2020 to 2022

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Context

In the second half of 2015, all United Nations member states signed the 2030 Agenda for Sustainable Development. It contains 17 goals for sustainable economic, social and ecological development (known as the Sustainable Development Goals, or SDGs).

The SDGs are at the heart of German development cooperation work and determine the content of its activities. To achieve the 17 goals, development cooperation relies on funding and commitment from the German, European, international and local private sector. Only in this way can we lay the foundations for socially equitable and environmentally sustainable growth that helps to increase employment and reduce poverty.

Objective

Partners from the public and private sector cooperate more closely in order to achieve the 2030 Agenda’s SDGs.

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Approach

The sector project supports private sector participation by advising the German Federal Ministry for Economic Cooperation and Development (BMZ) on devising topics, helping set up networks and projects, and developing innovations and products. Together with the private sector, BMZ and other organisations, various components of the project promote public and private stakeholders:

  • BMZ Advisory Services supports BMZ in its cooperation with the German and European private sector. The team provides expert advice on specific implementation and on the strategic orientation and further development of the Private Sector Cooperation topic.
  • Product Development devises innovative approaches for cooperation with companies. One example is the leverist.de digital platform. It informs companies about business opportunities in developing countries and emerging economies that contribute towards sustainable development. Via the platform, companies can contact local development cooperation experts and initiate cooperation arrangements.
  • "Sustainable Development through Tourism" aims to mainstream tourism in development cooperation. This is achieved, for instance, by organising events and providing specialist advice to BMZ and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH projects outside Germany in the field of tourism. In addition, the project's tourism team develops services and draws up handouts on subjects such as digital training in the field of tourism. Furthermore, the sector dialogue on tourism for sustainable development promotes cooperation with the tourism industry and the sector’s collective engagement towards fulfilling the SDGs.
  • The Strategic Partnership Technology in Africa (SPTA) is a network connecting German development cooperation and around 200 European companies. Its aim is to develop public-private cooperation projects relating to digitalisation and innovation in Africa. The partners work in thematic expert groups on education, energy, health care, e-governance, agriculture and mobility. The network was initiated by Günter Nooke, the German Federal Chancellor's Personal Representative for Africa in BMZ.
  • The lab of tomorrow (lot) encourages an entrepreneurial spirit in order to address specific challenges in developing countries and emerging economies. In the lot processes, interdisciplinary teams develop innovative business models to address specific challenges, such as reducing plastic waste in Thailand. In the teams, companies, experts and stakeholders in the fields of policy-making and civil society from Europe and the target countries work together and contribute sustainably with their ideas to the local economy and society, and to implementing the SDGs.
  • The Business Alliance on Energy is coordinated from within the sector project. It comprises companies and associations from the green hydrogen and PtX products value chain – from generating energy to constructing facilities. BMZ launched the alliance in 2019 in order to integrate industrial technologies and skills into its planning at an early stage. Green hydrogen, which can be used to produce climate-neutral synthetic fuels, presents a great opportunity for German development cooperation’s partner countries for example, in terms of additional skilled jobs, higher export revenues and improved local energy supply.

Further Information