For information only - not an official document
28 August 2014
Re-issued as received
UNIDO's forum on partnerships to scale up investment for inclusive and sustainable industrial development
VIENNA, 28 August 2014 (United Nations Industrial Development Organization) - The United Nations Industrial Development Organization (UNIDO) will organize a major international event in Vienna from 4 to 5 November with the aim to further expand partnerships and scale up investment for inclusive and sustainable industrial development.
"To further support its renewed mandate, UNIDO has planned to convene two global forums this year. During the first one, held in June, Member States engaged in a strategic dialogue on how to formulate and operationalize inclusive and sustainable industrial development strategies and policies. That event also addressed the development of state-of-the-art business infrastructure and industrial parks in particular," said UNIDO Director General LI Yong.
"The second global forum will aim to pilot the establishment of innovative partnership-based business models to implement strategies for inclusive and sustainable industrial development."
In order to augment and leverage scarce public resources, the forum will also establish a common understanding of how development finance institutions and private investors can contribute. At this forum, UNIDO will highlight the cases of Senegal and Ethiopia, the two selected pilot countries for the development of the inclusive and sustainable industrial development programme for country partnerships.
In the last decade, successful achievements of Millennium Development Goals (MDGs) have led to measurable poverty reduction, however, development strategies, which have been implemented up-to-date, cannot address the current social, economic and environmental challenges facing our planet. More than 1 billion people are still living in extreme poverty and income disparities rise with a rapid pace within and among different countries.
This is why new interlinked development strategies must be identified to foster integrated, sustainable and inclusive solutions for decent jobs, safe and universal energy access, sustainable cities, food security, access to clean water and sustainable agricultural production.
In this context, the United Nations post-2015 development agenda has reinforced the international community's commitment to poverty eradication through, among others, inclusive and sustainable industrial development (ISID), as emphasized in Sustainable Development Goal 9 featured in the proposal of the Open Working Group for Sustainable Development Goals
The concept of inclusive and sustainable industrial development was endorsed by UNIDO Member States through the Lima Declaration during the 15th session of the Organization's General Conference held in Lima, Peru, in December 2013.
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For more information, please contact:
Senor Advisor on Partnerships
Senior Coordinator for South-South Cooperation