Addressing the World Economic Forum in Davos, Switzerland, United Nations Secretary-General António Guterres called for a new generation of partnerships with the business community to reduce the effects of climate change and combat poverty.
In his address the Secretary-General underlined the importance of achieving the 2030 Agenda for Sustainable Development, noting that conditions for an inclusive and sustainable development are a main method of preventing crises and conflicts.
Guterres said: “The best allies of all those that want to make sure that the Paris Agreement is implemented, the best allies today in the world are probably in the business sector and it is very important to fully mobilize them.”
He expressed that partnerships with businesses will help achieve the Sustainable Development Goals (SDGs) – which, when fully implemented, would see returns on investments of $30 billion per year.
Such partnerships will be mutually beneficial, generating investment for the private sector but also enabling the private sector “to play an absolutely essential role in making sure that those goals are effectively achieved.”
He spoke particularly on the “alignment of the core business of the private sector with the strategic goals of the international community.” He asserted that only the private sector will able to provide the necessary innovation, capacity, products and services to develop new areas in the economy.
He added that only the private sector will be able to create enough jobs to stabilize societies. Clear dialogue and strong partnership between governments, international organizations and the private sector is the only way to allow modern advances to facilitate “fantastic increase in the well-being of people” and prevent them from turning into “a nightmare for mankind.”