
Global South-South Development (GSSD Expo) 2018 Thematic Solution Forum 8
“Private Sector Partnerships
for Inclusive and Sustainable South-South Cooperation”
29 November 2018, Conference Room 1, United Nations Headquarters, New York
Co-organised by The Asia Foundation
UN Office for South-South Cooperation (Asia-Pacific) and
UN Department of Economic and Social Affairs (UNDESA)
Co-sponsored by the Royal Thai Government and the Government of Singapore
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I. Introduction
The Second High-Level UN Conference for South-South Cooperation (BAPA+40) will take place in Buenos Aires, Argentina in March 2019. A critical shift is the increasing recognition that achieving sustainable development requires multi-stakeholder partnerships for success.
As Asia-Pacific South-South cooperation expands in scale and scope, the private-sector has assumed a larger role, with significant impacts in addressing global regional, national and community development challenges. The GSSD Expo 2018 provides an opportunity to deepen understanding and expansion of the potential of these partnerships.
II. Objectives and Thematic Focus
Asian private-sector companies and corporations have played a significant role in Asian-led economic cooperation for decades. Public-private partnerships, often facilitated by Asian states, have supported partner countries in developing infrastructure and extracting resources.
Alongside the massive infrastructure investments, Asian-born companies have altered traditional ways of doing business, bringing new technologies and innovation to markets, and creating additional jobs and opportunities that have brought millions out of poverty.
The role of the private sector in Asian-led South-South cooperation has evolved. As Asian companies become part of the “development cooperation” equation with partner countries, they increasingly look for ways to improve the social impact of their investments. Business is no longer seen as peripheral to discussions on how to reduce poverty and create positive community impact. Rather, Asian companies have expanded their exploration of responsible investment, corporate social responsibility activities, and shared-value strategies through their foreign direct investment (FDI) and South-South cooperation. Shared-value strategies have both social and business value, advancing economic competitiveness while at the same time addressing social and development challenges.
Thematic Solution Forum 8 presents and analyses cases that reveal how the Asia-Pacific private sector is addressing sustainable development in the region, forging innovative partnerships and restyling the form and practice of Asian development cooperation as these partnerships evolve.
III. Format and Scope of Discussion
The 80-minute session will start with brief opening session led by high-level representatives from the Royal Thai Government, the Government of Singapore as Co-Sponsors, UNOSSC and UNDESA. The open debate will be Davos-style and private sector-led featuring panellists from Asia’s private sector and a UN representative. The discussion will be moderated by the Asia Foundation.
Programme
13.30-13.40 hrs High-Level Opening Session
13.40-14.30 hrs Open-debate by the Panel: Moderator: Anthea Mulakala, Director for International Development Cooperation, The Asia Foundation
14.30-14.45 hrs Questions and Answers
14.45-14.50 hrs Wrap-up and Closing
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