As underscored by SDG 17 - “Partnerships for the Goals” - overcoming barriers, implementing successful inclusive business solutions and reaching the scale of impact necessary to significantly contribute to the SDGs depends on partnerships. While businesses may focus the scope of their partnerships to the development and operation of inclusive business solutions, here at the WBCSD we aim to support and facilitate these ventures by partnering with the key organizations active in this space. The following list is a selection of organizations WBCSD has been partnering with in the past years.
The Asian Development Bank (ADB) is an international development finance institution dedicated to reducing poverty in Asia and the Pacific. ADB’s IB concept comprises not only investments in private sector companies that promote social impact, but also technical assistance and project support for the public sector to create a better enabling environment for IB.
Business Fights Poverty brings together the best thinkers and the most passionate practitioners from tens of thousands of business, non-profit and government professionals to jointly identify and address specific, strategic questions about how to harness and scale the positive impact of business on people or planet.
Providing a pivotal point for the global inclusive business community, the Inclusive Business Action Network (IBAN) promotes inclusive business globally by supporting the scale and replication of inclusive business models and engaging all different types of stakeholders. To trigger collective action IBAN ‘connects the dots’ between the vast number of businesses, existing initiatives, networks and stakeholders around the world. On a global, regional and national level it facilitates access to knowledge and information, enables peer-learning and exchange formats and fosters partnerships.
The Inter-American Development Bank (IDB) is the main source of multilateral financing in Latin America. It provides solutions to development challenges and support in the key areas of the region.
The Multilateral Investment Fund, a member of the Interamerican Development Bank Group (IDBG), serves as innovation laboratory to promote development through the private sector by identifying, supporting, testing and piloting new solutions to development challenges and seeking to create opportunities for the poor and vulnerable populations in the LAC region.
The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
IFC is also the leading investor in companies with inclusive business models, including through its Inclusive Business Bonds. Since 2005, IFC has committed more than $12.5 billion and worked with over 450 inclusive businesses in over 90 countries. These companies have integrated more than 250 million people into their core business operations, including farmers, students, patients, utility customers, and micro borrowers.
The United Nations Development Programme (UNDP) is the United Nations' global development network. The UNDP 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 brokering partnerships. It also hosts the Business Call to Action (BCtA) initiative, a multilateral alliance established in 2008. BCtA highlights the contributions of its 137 member companies to the evolving field of inclusive business.
Established at the University of Michigan in 1992, the William Davidson Institute (WDI) is an independent, non-profit research and educational organization focused on providing private-sector solutions in emerging markets. WBCSD has been working closely with Ted London, Vice President and Senior Research Fellow for WDI’s Scaling Impact Initiative.
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