The Addis Ababa Action Agenda on Financing for Development emphasizes that private business activity, investment and innovation are major drivers of productivity, inclusive economic growth and job creation. Longterm private investment is critical to support growth, employment and structural transformation, and needs to be aligned with social inclusion and environmental sustainability. The Addis Agenda thus emphasizes the importance of mobilizing stable longer-term private finance, both domestic and international, in ways that further sustainable development. The Agenda welcomes private sector corporate responsibility initiatives, while also exploring policy and regulatory frameworks to better align business and finance with sustainable development.