Financing Development Cooperation: Modalities of Private Sector Engagement

Abstract

This article proposes a conceptual framework to analyze the potentialities and limits for private sector participation in the Agenda 2030. The framework consists of two categories: corporate awareness for development and active partnership for development. The first deals with the introduction of corporate sustainable responsible practices or business strategies based on development concerns. The second contemplates the roles of resource provider, executor or beneficiary of development cooperation initiatives in the context of the Agenda 2030. In addition, this article proposes financial mechanisms that could promote private sector engagement. In sequence, this article provides an analysis and examples of the currentparticipation of companies in the Agenda 2030 based on the analytical framework.