Building a Sustainable Future Investment in Children and the Role of the Private Sector Mattias Forsberg, Save the Children Sweden 1 The role of the private sector - opportunities • • • • Generates conditions for development Drives innovation Builds resources CSR increasingly on the agenda • The private sector as part of society – rights and responsibilities 2 The role of the private sector - challenges • Marrying profit and inclusive, sustainable development • Long-term vs. short-term • Business is global – government is national/local • Universality and level playing-field • Competing for investment and traid – tax policies • The private sector as part of society – rights and responsibilities 3 Public Private Partnerships – opportunities • The Private Sector needs an educated, healthy and prosperous population – logic for contributing resources • Public Private Partnerships – freeing resources from investment-heavy public projects • The role of Businesses – individual companies affect the workplace, the marketplace and communities – households and society 4 Essential for private sector contribution • Regulations (e.g. General Comment to CRC) • Independent accountability • Structural relations for long-term development (government, private sector, trade unions, civil society, media) • Inclusive processes • International cooperation and agreements 5 Experiences and lessons • • • • • Policy initiatives Private sector-driven engagements Accountability and monitoring The role of the different actors Children’s participation 6 Investment in Children and the Private Sector – Core Links • • • • • Mobilizing resources Providing goods and services Driving innovation Promoting development – but inclusive development? etc. • At the core for all – why invest in children? 7 “Do not take advantage of us, we ask you to be responsible, do not support us because you feel pity for us, instead, support us because we deserve it, we purchase your products and services, but we ask you to invest in our development. We do not want gifts, we want you to be responsible.” Young person in Peru 8