Private Sector

PRIVATE SECTOR AND DEVELOPMENT

AECID is increasingly focusing on facilitating partnerships (SDG 17) that enable it to coordinate its work with that of other actors, identify and take advantage of other capacities, promote and validate innovations and mobilize the necessary resources for Spain’s contribution to the achievement of the 2030 Agenda for Sustainable Development. It is becoming more essential than ever to work in partnerships between the public administrations, private companies, universities and civil society organizations.

 

The 2030 Agenda for Sustainable Development and the Action Plan for the Implementation of the 2030 Agenda constitute, respectively, the international and national frameworks for the coming years. Both texts highlight the opportunities available to the private business sector in its capacity as an agent for development. This entails a significant change in business models and corporate social responsibility, to advance towards the 17 SDGs. Enterprises, micro-enterprises, cooperatives and multinationals, are called to contribute to the SDGs in collaboration with other actors.

 

Spanish Cooperation’s Fifth Master Plan considers the business sector to be a Cooperation actor, at the same level as non-governmental development organizations (NGDOs) or universities. One of the mandates of the Plan is to work jointly with the Spanish business sector in relation to the 17 SDGs, facilitating the development of the private sector in partner countries and working to ensure that the Spanish companies present in them find incentives to act responsibly.

 

To support the private business sector in its contribution to the achievement of the SDGs, AECID has two specific instruments to promote its participation in international development cooperation.

 

Public-Private Partnerships (PPPs) for development between different international cooperation actors (SDG 17), involving partners from the business sector and civil society, from Spain and partner countries, to maximize synergies, supplement resources, and enrich learning, thus affording interventions greater scope. AECID has a protocol for managing the creation and design stage of PPPs for development. AECID has participated in over 30 partnership processes. Some of the spheres of the current PPPs for development are: renewable energies, job market integration, heritage for development, creation of micro-enterprises, and humanitarian assistance. These partnerships have been developed in countries as diverse as Colombia, Ethiopia, Morocco, Mexico, Mozambique, Panama and Peru.

 

Call for Development Cooperation Actions for innovation projects. Annual call for grant applications open to the business, academic and social sectors, whose objective is to provide innovative solutions for the purpose of applying them and replicating them on a larger scale. The projects address social, economic, environmental and development issues of the 2030 Agenda, with an innovative approach in terms of product, service, process or strategy. Over 100 projects have been co-funded through the Call for Actions.


In its role as a facilitator and generator of partnerships, AECID is actively involved in dialogue and coordination processes, networks and spaces for learning and the exchange of experiences and knowledge related to the private sector and development. Of particular note are the Knowledge Network and the Thematic Community for Business and Development.


 

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