Blog Post by USCIB SVP Norine Kennedy
October 19, 2023
Last month in New York, the United Nations General Assembly (UNGA) witnessed unprecedented participation, with 40,000 attendees and over 2,000 bilateral meetings. A gathering with over 13,000 country delegates, and 2,600 members of the media registered for the general debate and its more than 500 affiliated events. Among the events was the SDG Action Weekend, marking a positive (but overdue) shift towards a more inclusive UN engaging the wide array of important non-governmental entities essential to implementation.
The private sector played a significant role, emphasizing its contribution to the Sustainable Development Goals (#SDGs). The USCIB UNGA78 High-Level Business Roundtable highlighted the private sector’s role in shared prosperity and sustainability. Given that as the Major Groups and Stakeholders stated so clearly in their SDG weekend event, the international community is “halfway there, but nowhere near” to the 2030 Agenda, USCIB’s Moving the Needle (MTN) initiative is shining a spotlight on the “what” and “how” of partnering for impact with business.
On September 18, MTN introduced two solutions-oriented reports: ‘Roadmap for Results’ and ‘Business & the UN 2.0.’ These reports offer tools, approaches, and partnerships for translating vision into tangible progress, working with and through the multilateral system to address multiple challenges. Read together, they offer ideas to strengthen the UN, helping it become more effective, resilient, inclusive, and transparent.
‘Business & the UN 2.0’ highlights an enhanced win-win partnership between businesses and the UN. It recognizes the massive investment required for the 2030 agenda, estimated at $5-7 trillion annually, with the potential to unlock $12 trillion in market prospects.
Based on its decades of experience as a responsible actor in inter-governmental forums, MTN envisions a revitalized UN system with private sector involvement at every level, from shaping agendas to crisis management.
‘Roadmap for Results’ emphasizes private sector involvement beyond financing, spotlighting private sector innovation, scalability, leadership, and communication to accelerate action. Sustainability metrics, data analytics, AI and partnerships are a few private sector tools to catalyze SDG progress. The report discusses where public-private partnerships can advance science and solidarity as key to achieving the 2030 Agenda.
With the UN Summit of the Future a year away, USCIB’s MTN initiative continues to make the case for closer connections and alliances with business in an international community that is being pulled apart by geo-political, economic and domestic forces. The time to move the needle is now.
Visit our MTN webpage to access the two reports.