Private sector is key to achieving the Sustainable Development Goals

May 16, 2023

About the event

The United Nations World Data Forum (WDF) took place from April 24-27, 2023 and concluded with the Hangzhou Declaration, which aims to accelerate progress on the implementation of the Cape Town Action Plan on Sustainable Development Data. 

Cepei participated in this space for the fourth time and co-organized a virtual event with its partners LIRNEasia, the Local Development Research Institute (LDRI), the University of the West Indies, Birzeit University, and the International Development Research Centre (IDRC), calling on the private sector to promote data collaborations in order to accelerate the achievement of the Sustainable Development Goals (SDGs) and the 2030 Agenda.

Speakers

Philipp Schönrock

Chief Executive Officer
Cepei

Helani Galpaya

CEO
LIRNEasia

Hernán Muñoz

Research Associate
Cepei

Leonida Mutuku

Head of Research and AI
Local Development Research Institute (LDRI)

Maurice McNaughton

Chief Executive Officer
Centro para la Innovación basada en las tecnologías de la información
Universidad de West Indies

Moderator

Lucía oscuro

Tomas Orrell

Chief Executive Officer
DataReady

In recent years, companies and consumers have become more aware of their environmental and social impact on the world. Therefore, companies are focusing their efforts on actions to help mitigate these crises through public-private partnerships while striving for a sustainable world. In 2021, Cepeitogether with LIRNEasia and other research centers from the global South—developed the SDG Acceleration Roadmap. This initiative aimed to map public-private data collaborations and their contribution to accomplishing the SDGs.

Main points

Private sector data provides support to the public sector through data-related actions such as data sharing and strengthening digital systems in areas that focus on environmental, social, and corporate governance (ESG) and sustainable development.

To delve deeper into the issues identified during the mapping and uncover the mechanisms of public-private data initiatives, project members and partners conducted a series of eight case studies that present examples of public-private data initiatives and document how private sector data actions can help public institutions in the global South respond to key public policy challenges.

These are the five general themes that emerged from the case studies:

1.  In the data revolution for sustainable development, there are public-private data initiatives that are generating real-world value.

2.  Governments are more likely to collaborate with companies capable of supporting data actions across multiple policy domains.

3.  The most successful examples of public-private data initiatives are those in which partners have invested the time and effort needed to establish proof of concept, build trust, and adapt and iterate the value proposition over time. 

4.  For companies wishing to participate in public-private initiatives, support for public policy objectives and profitability need not be mutually exclusive.

5.  The most significant challenge in implementing, completing, monitoring, and scaling up public-private data initiatives is the lack of consistency and underdeveloped standard operating procedures needed to develop them.

Case studies will be posted on our website soon www.cepei.org 

Organizers

Share This