Cooperation with the private sector
Alliance Sud endeavours to ensure that development cooperation partnerships with the private sector are designed to alleviate poverty and are subject to high transparency and impact measurement standards.
What it is about
Since the approval of the UN Sustainable Development Goals (SDGs), strategies have been adopted to "mobilise" private funds for sustainable development, both multilaterally (World Bank Group, OECD, regional development banks) and in many countries, in an effort to make up the estimated annual funding shortfall of USD 2.5 trillion, and thereby pave the way for attaining the SDGs
A wide range of institutions and instruments have been promoted or newly created to that end. This often entails exaggerated ambitions, both in terms of the amount of funding that can be raised in this way, and the potential and relevance of private sector financing for poverty alleviation.
Alliance Sud strives to ensure that the Swiss Agency for Development and Cooperation's (SDC) and the State Secretariat for Economic Affairs' (SECO) partnerships with the private sector are instrumental in alleviating poverty, and meet high transparency and impact measurement standards.