THE UN 2030 DEVELOPMENT AGENDA
In 2015, the United Nations agreed to an ambitious 2030 Development Agenda, a grand vision for sustainability that will reshape the practice of development globally, as well as the private sector’s role in building a more prosperous, resilient and healthy world. USCIB is deeply engaged in all aspects of the 2030 development agenda, advocating for good governance and the rule of law, inclusive economic growth, investment in infrastructure, enabling environments to foster innovation, strong public-private partnerships and above all, an open channel for business input into policy negotiations and implementation at the international and national levels. The UN Sustainable Development Goals (SDGs) – a comprehensive set of economic, social, and environmental targets that aspire to address challenges from ending poverty to promoting justice – will fundamentally reshape corporate social responsibility. The financing needed to achieve the SDGs by 2030, which the UN estimates will amount to over $4 trillion annually, far surpasses current official development assistance flows. Investment from the private sector will therefore not only be welcome, but indispensable to implement the UN’s development agenda.
USCIB has played a central role in marshaling business input into the UN’s Financing for Development process, having worked actively with members and our global network to ensure that the private sector’s voice was heard at the Third International Conference on Financing for Development last July, where UN member states established a new financing framework to support sustainable development for the next
15 years. The new financing framework is positive for business, with policies that include an emphasis on governance and domestic resource mobilization, support for blended finance and a move away from an overly-narrow focus on official development assistance.
In September 2015, USCIB officially launched its well-received Business for 2030 web portal, a catalog of business engagement that showcases the private sector’s contributions to the SDGs. Business for 2030 features over 140 initiatives from 35 companies in over 150 countries of how businesses are helping to achieve 72 of the 169 SDG targets. The website highlights concrete initiatives and public-private partnerships to inspire renewed trust in the private sector, and to catalyze sustained and active business engagement in the 2030 Agenda for Sustainable Development.
Strengthening the Voice of Business in Intergovernmental Organizations
USCIB understands that for businesses to be more fully engaged as partners in international policy discussions, they must make clear that they care about delivering sustainable solutions on health, human rights, intellectual property, social welfare and the environment. To that end, USCIB started the Strategic International Influencers Engagement (SIIE) initiative in 2013 to provide business input into multilateral organizations and create better channels for engagement with the private sector. Examples of our SIIE include heading off business discrimination precedents at the World Health Organization, involving business experts at policy-setting panels at the United Nations Environment Program and anchoring a role for business in the UN Framework Convention on Climate Change.