Private business activity, investment, and innovation are major drivers of productivity, employment and economic growth. The Financing for Development outcomes call on businesses to apply their creativity and innovation to solving sustainable development challenges, and invites them to engage as partners in implementation of the sustainable development agenda. In understanding the role of the private sector in financing sustainable development, it is important to recognize that the private sector includes a wide range of diverse actors, from individual households and international migrants to multinational corporations, and from direct investors to financial intermediaries, such as banks and pension funds.
Photo by Daniel Lerman
Private business activity, investment, and innovation are major drivers of productivity, employment and economic growth. The Financing for Development outcomes call on businesses to apply their creativity and innovation to solving sustainable development challenges, and invites them to engage as partners in implementation of the sustainable development agenda. In understanding the role of the private sector in financing sustainable development, it is important to recognize that the private sector includes a wide range of diverse actors, from individual households and international migrants to multinational corporations, and from direct investors to financial intermediaries, such as banks and pension funds.
Photo by Daniel Lerman
Domestic and International Private Business and Finance
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