This week, world leaders have come together for the 3rd Financing for Development (FfD) conference in Addis Ababa, Ethiopia. Though it has garnered less attention than the Sustainable Development Goal (SDG) Summit in September and the COP21 negotiations in December, this conference has major implications for the success of both agendas with it's focus on how to finance them.
In an op-ed published on CNN, B Team Leaders Mo Ibrahim and Paul Polman call on politicians in Addis to see business as a powerful ally to unlock the funding and mechanisms necessary to spark inclusive growth, create jobs and drive the transition to a net-zero greenhouse-gas economy. In other words, progressive business can play a major role in the success of the SDGs and efforts to tackle climate change.
At The B Team we believe that politicians attending the FfD in Addis can invest in all of our futures by forging a strong partnership with business. After all, ensuring we address these issues together is not only a moral obligation, it's good for business.
To read the op-ed on CNN click here.
For more perspectives on the role of the private sector in the sustainable development agenda follow the links below:
- SDGs and the private sector: Creating a win-win scenario
- 3 Ways Civil Society Can Ensure the Private Sector Delivers Positive Development Outcomes
- Mastercard's perspective on the future of financing for development
- A World Bank Discussion on "Changing the Conversation on Development Finance"