Philanthropy and private sector

Philanthropy confirms its pivotal role in making development effective and inclusive at the 2nd High Level Meeting of the Global Partnership for Effective Development Cooperation

 

Foundations are key providers of innovative, agile and quick financial and non-financial support to achieving the United Nations 2030 Agenda on the condition that governments help them invest in this Agenda.


The Philanthropy Forum, held during the Second High-Level Meeting (HLM2) of the Global Partnership last week in Nairobi, Kenya, brought together more than 130 philanthropists, civil society organisations, policymakers and experts and made a pivotal contribution on the way foundations can work with other development actors. The event was organised by the OECD Development Centre’s Network of Foundations Working for Development (netFWD) in partnership with the Aga Khan Foundation (AKF), the Arab Foundations Forum (AFF), the Charities Aid Foundation (CAF), East Africa Association of Grantmakers (EAAG), the Foundation Centre, the Kenya Philanthropy Forum, the SDG Philanthropy Platform (SDGPP) and the United Nations Development Programme (UNDP).

The Philanthropy Forum agreed on key policy messages for the philanthropic sector to relay to Ministers and participants during the high-level meeting. The Aga Khan Foundation, the Equity Group Foundation and the Ford Foundation spoke on behalf of the sector, echoing philanthropy’s contribution to effective development cooperation as reflected in the Nairobi Outcome Document. The latter acknowledges that philanthropy’s contribution to the 2030 Agenda is, in part, made possible by an enabling environment for philanthropy, including in conductive legal, fiscal and regulatory terms.

Governments commit to work with philanthropy to maximise their specific contribution to sustainable development, including through public-philanthropic partnerships. In this regard, the OECD Guidelines for Effective Philanthropic Engagement were recognised as a powerful tool to strengthen the effectiveness and quality of cooperation between and within philanthropy, and governments.

Going forward, the Global Partnership will provide a forum to create pathways for deeper philanthropic commitments towards achieving the 2030 Agenda, building on the convening power and technical expertise of existing philanthropic networks, such as the OECD Development Centre’s netFWD.  

For more information, journalists are invited to contact Bathylle.Missika@oecd.org  (+33 145 24 94 13) at the OECD Development Centre.