Network to Facilitate Investment of Resources for Sustainable Transformation
THE BACKGROUND
Sustainable Development Goals (SDGs) cover a wide range of complex social, economic, and environmental challenges. In order to fast track the progress in achieving the SDGs, Government of Haryana has established the SDG Coordination Centre (SDGCC) under the Swarna Jayanti Haryana Institute for Fiscal Management (SJHIFM). The SDGCC’s mission is to ensure that the State of Haryana is empowered, prepared and fully equipped with technical knowledge, capacity, resources & systems to implement and achieve the ambitious targets it has set for itself in SDG VISION 2030.
SDG First’s ‘Conception to Completion’ approach makes it a true champion of SDGs. SDG First’s technology, knowledge and resource partners with their international and subnational expertise will help SDG First to excel at all the 6Cs.
Platform for Free Exchange of Ideas on Development
Platform for Free Exchange of Ideas on Development
THE NEED
The SDG challenges facing the developing world are complex and intertwined. To add to this, the world today is about $ 7.5 trillion short annually to establish the SDGs in time to meet the deadline for 2030. That investments from all corners are welcome, would be stating the obvious.
The private sector could be a good source, except there is a trust deficit here. The long list of projects with private participation that are languishing or have perished is not an encouraging precedent.
While the reasons behind the failed projects may be many, the prominent ones read like a list of worst practices – sub-optimal solutions,
incorrect project definitions & selection, improper planning, inaccurate projections, weak implementation, sub-optimal technology and many more.
The situation calls for new approaches, new methodologies and possibly new types of institutions, at the country and provincial level – where the Business as usual approach is abandoned and “out of the box” solutions are adopted to work with the private sector.
New age problems require new solutions, which often need to be incubated in a favourable tailor-made environment conducive to making a project successful right from the beginning.
The SDG challenges facing the developing world are complex and intertwined. To add to this, the world today is about $ 7.5 trillion short annually to establish the SDGs in time to meet the deadline for 2030. That investments from all corners are welcome, would be stating the obvious. The private sector could be a good source, except there is a trust deficit here. The long list of projects with private participation that are languishing or have perished is not an encouraging precedent. While the reasons behind the failed projects may be many, the prominent ones read like a list of worst practices – sub-optimal solutions,
incorrect project definitions & selection, improper planning, inaccurate projections, weak implementation, sub-optimal technology and many more. The situation calls for new approaches, new methodologies and possibly new types of institutions, at the country and provincial level – where the Business as usual approach is abandoned and “out of the box” solutions are adopted to work with the private sector. New age problems require new solutions, which often need to be incubated in a favourable tailor-made environment conducive to making a project successful right from the beginning.
THE NETWORK PARTNERS
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The Network Partners
Ashoka University is a pioneer in its focus on providing a liberal education at par with the best in the world. The aim at Asoka is to help students become well-rounded individuals who can think critically about issues from multiple perspectives, communicate effectively and become leaders with a commitment to public service. The 1400 students on campus, drawn from over 28 states and 98 cities in India as well as 17 other countries, receive a world-class interdisciplinary education through undergraduate and post- graduate programmes led by internationally renowned faculty.
The International Centre for Research on the Environment and the Economy (ICRE8) is a non-profit private Research Centre dedicated to interdisciplinary research on sustainable development and management of the Environment, Energy, Economy, Eco- innovations and their electronic versions (hence E8). The overarching goal of the Centre is to promote the understanding and implementation of Sustainable Development, as the only non-self- destructive path of socio-economic development.
UN GLOBAL COMPACT is a voluntary initiative based on CEO commitments to implement universal sustainability principles and to take steps to support UN goals. The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization's Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention against Corruption.
World Business Council for Sustainable Development (WBCSD )is a global, CEO-led organization of over 200 leading businesses working together to accelerate the transition to a sustainable world. We help make our member companies more successful and sustainable by focusing on the maximum positive impact for shareholders, the environment and societies. Our member companies come from all business sectors and all major economies, representing a combined revenue of more than USD $8.5 trillion and with 19 million employees.
O.P. Jindal Global University (JGU) is a research intensive university, which is deeply committed to its core institutional values of interdisciplinary and innovative pedagogy; pluralism and rigorous scholarship; and globalism and international engagement. JGU has been awarded the highest grade ‘A’ by the National Accreditation & Assessment Council.
The Sustainable Development Goals Finance Facility has been launched in India by Achim Steiner, UN Under-Secretary General and Administrator of the United Nations Development Programme (UNDP). The SFF is a platform that will incubate innovative financial instruments aligned to the SDGs that will catalyse funding for improved social and developmental outcomes in India.
The CSR Advisory Board aims to play the role of aggregating various social initiatives spread all over the State. The Board shall endeavour to facilitate and support CSR investments of companies/organizations through indirect and direct interventions by encourage collaboration between CSR stakeholders in businesses, government and civil society to create and improve the public infrastructure for the welfare of citizens. The potential size of CSR fund is huge due to the fact that 80% of Fortune 500 companies have their presence in Haryana, the board will work towards channelizing this fund by creating collaboration among corporate, government, NGO and local communities.
The CSR Trust for SDG’s in India (India SDG Trust) has been formed to drive larger focus and collaboration of the Indian Private Sector to drive the SDG targets for the Nation. The key objective of the Trust is to leverage partnerships and collaborations to support the achievement of the SDGs in India, allow corporates to optimize their CSR spends in alignment with India’s priorities on the SDG and also facilitate tracking and monitoring of CSR funds against their impact on SDGs.
At Armenia National SDG Innovation Lab envision mainstreaming the culture of innovation and experimentation in policy making for sustainable development. The joint initiative of the Government of Armenia and the United Nations, supported by the UNDP in Armenia, the Lab aims to further unlock Armenia’s development potential and accelerate the implementation of the Agenda 2030.Currently, the SDG Lab is running “Innovative Solutions for SDG Implementation in Armenia” project funded by the Russian Federation and implemented in close partnership with the Government of Armenia.
Yashwantrao Chavan Academy of Development Administration (YASHADA) is the Administrative Training Institute of the Government of Maharashtra, and meets the training needs of government departments and rural and urban non-officials and stakeholders.
UNDP’s Istanbul International Center for Private Sector in Development (IICPSD), supports the private sector and foundations to become transformative partners in development through research, advocacy for inclusive business, facilitation of public-private dialogue and multi stakeholder-partnerships. IICPSD was established in 2011 in partnership with the Government of Turkey. The Center’s work to engage foundations and the private sector focuses on delivering policy advisory and technical services in four thematic areas: Inclusive Business; Private Sector Engagement in Skills Development; Impact Investing; and Resilience and Crisis Response.
