SGDs and the private sector: Creating a win-win scenario

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End poverty. End Hunger. Provide full employment.

These are just three of the items on humanity’s greatest wish list — the new sustainable development goals, expected to be finalized by the United Nations this fall.

It is impossible to imagine coming close to achieving these goals, and the 14 others, without the private sector. With the sector accounting for 90 percent of jobs in developing countries, and foreign investment outpacing development assistance four to one, business has a critical role to play in achieving the SDGs.

But exactly how private sector engagement happens is still open to debate. As we finalize the SDGs this year, we need ensure that private sector investment, expertise and measurement tools are aligned with this historic development push.

 

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