Peer reviews of DAC members
Peer learning: Lessons from DAC members on effectively engaging the private sector in development co-operation
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| The scale and complexity of today’s sustainable development challenges requires a multi-stakeholder approach that draws on the contributions from all parts of society – government, the private sector and civil society. The 2015 Addis Ababa Action Agenda on Financing for Development, Agenda 2030 for Sustainable Development and the Paris Climate Agreement have all recognised the essential role of the private sector in ensuring sustainable social, economic and environmental outcomes. Private sector actors are also increasingly seeing sustainable development outcomes as critical to long-term business sustainability and profit maximisation.
Development Assistance Committee (DAC) member countries are increasingly developing partnerships with the private sector to leverage private capital, expertise, innovation and core business to benefit sustainable development. To learn from this experience, the DAC introduced an in-depth, thematic, peer learning review on working with and through the private sector, to complement the DAC Peer Reviews. Launched in April 2015, the review included a range of activities to take stock of, and understand better, current priorities and practices, identifying evidence and good practice in private sector engagement in development co-operation. The outputs from this process include: |
| MAIN REPORT AND HIGHLIGHTS |
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Private Sector Engagement for Sustainable Development: Lessons from the DAC |
| POLICY BRIEFS |
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Four synthesised, action-oriented policy briefs are presented to explore key thematic issues and facilitate dissemination of research findings. Policy Brief 1: The holistic toolbox for private sector engagement in development co-operation |
| COUNTRY REPORTS |
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Four country reports (Germany, the Netherlands, Sweden and the United States) provide a brief overview and synthesis of lessons from of each of the reviewed country’s approach to private sector engagement. Peer learning country report: Germany |
| INVENTORIES |
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Inventory 1 provides a list of terms used in private sector engagement in development co-operation, collected as part of the peer learning review, and includes a proposed typology of private sector engagement in development co-operation, while Inventory 2 provides a list of evaluations related to DAC members’ private sector engagements. Inventory 1: Understanding key terms and modalities for private sector engagement in development co-operation |
| MECHANISM PROFILES |
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As part of the peer-learning exercise, reviewed countries were asked to submit examples of particularly innovative mechanisms for engaging the private sector, ideally including a range of financial and non-financial mechanisms. These profiles provide an overview of the selected private sector engagement mechanisms. Each “mechanism profile” includes basic information on scope, objectives, partners, activities, monitoring and evaluation, results, and insights.
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| PARTNERSHIP PROFILES |
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As part of the peer-learning exercise, reviewed countries were asked to submit examples of particularly innovative partnerships with the private sector. These profiles provide an overview of the selected private sector partnerships. Each “partnership profile” includes basic information on scope, objectives, partners, key activities, results, monitoring and evaluation, and insights.
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| FURTHER INFORMATION |
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For the peer learning process, please contact [email protected] |
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