The SDGs, PPPs and UN reform: What to watch out for and where are the concerns. 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 1

Transcription

1 The SDGs, PPPs and UN reform: What to watch out for and where are the concerns 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 1

2 Eswatini Country Context Poverty Rate: 63% Unemploy ment rate: 26% Area: 17,364 square kilometres Total Population: 1.3 million GDP : $4, 141 Million Per capita GDP: $ October 2018 THE VOICE OF BUSINESS IN ESWATINI 2

3 Eswatini SDG Prioritization PRIORITIZED GOAL CROSS CUTTING ENABLERS 8. Decent Work And 5. Gender Equality 15. Life On Land Economic Growth 4. Quality Education 1. No Poverty 16. Peace Justice And Strong Institutions 3. Good Health And Well-being 12. Responsible Consumption And 17. Partnership For The Goals 7. Affordable And Clean Energy 9. Industry Innovation And Infrastructure 2. Zero Hunger 6. Clean Water And Sanitation Production 11. Sustainable Cities And Communities 10. Reduced Inequalities 13. Climate Action 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 3

4 The Role of Government in enabling private sector participation in SDG Implementation To explore possibilities for expenditure switching policies that target money towards SDGs by spending less in other areas. Provide clarity on the regulatory and legal roadmap governments plan to implement to support the SDGs. Businesses want as much certainty in their business environments so that they can plan their contributions and how they impact the SDGs. Too much uncertainty and variability in the regulatory and legal regimes increases business risk and stifles innovation and longer term thinking 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 4

5 UN Marketing SDGs to Private Sector A vast majority of businesses have no relations with the UN, the UN system can be a maze to external bodies. There is a need for concerted effort to highlight the value proposition for businesses to incorporate the SDGs in their corporate strategies. Need to communicate better with the Private Sector. A structured dialogue between the UN and Private Sector to understand the challenges faced by private sector and how can they educate both public and private sector The UN should support the value chains approach and aims at supporting formal and informal SMEs to join their supply chains 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 5

6 PPPs to attract Private Sector Investment It is necessary to have in place institutional capacity to create, manage, monitor and evaluate PPPs and ensure they are undertaken for the right reason: Correctly identify and select projects where PPPs would be viable Structure contracts to ensure an appropriate pricing and transfer of risks to private partners Establish a comprehensive and transparent fiscal accounting and reporting standard for PPPs Establish legal, regulatory and monitoring frameworks that ensure appropriately pricing and quality of service 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 6

7 Successful engagement with the SDGs for Businesses Identify which SDGs business and its value chain have an impact on directly and indirectly Agree the methodology and measure your business impact across all these SDGs Understand where business has a positive or negative impact on each SDG Understand the priorities of the governments operate under Prioritise reducing negative impacts and increasing positive impacts according to what needs to be achieved by governments Incorporate these learnings into business planning and strategy 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 7

8 Measuring Business Impact The tools to map SDGs to a business don t currently exist. Some companies are developing their own methodologies others are reliant on their business associations. For multinationals there is the added complexity that there is no single approach for governments some SDGs will be more important than others so there s the added need to determine government priorities too. The success of the SDGs has a huge reliance on data many are predicting a data revolution to meet the demand. Defining which indicators are relevant, how current business metrics align to them and potentially developing additional ones, and working out how to measure success against them, will be a significant time outlay for business as well as investment across their operations 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 8

9 In Conclusion Good governance is critical for success Inclusive dialogues is required to attract Private Sector Investment PPPs can be an effective tool for sustainable development Harmonisation of data collection for Business Impact to the development Agenda 2030 is required Collaboration and Partnership for continues improvement should remain a priority for successful implementation of SDGS 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 9

10 Thank you! 8 October 2018 THE VOICE OF BUSINESS IN ESWATINI 10