Public–Private Partnership for Development: Mechanisms and Benefits
The private sector participates in sustainable development programmes, which are seen as part of corporate social responsibility and investment in human capital. By combining economic interests with contributions towards the development of countries and regions, companies are better able to manage the risks associated with emergency situations, and to present themselves as responsible representatives of the business community which subscribe to the Sustainable Development Goals. Russia is one of the leading donor countries to international development aid programmes. Yet Russian businesses thus far have little experience of involvement in these programmes. The required public–private partnership mechanisms are not well developed, there is no vision or strategy for collaborative efforts in this area, and businesses often do not understand the value of these programmes or their potential benefits, including in the context of promoting their interests in a particular region. Why do new epidemic diseases pose a threat to the economy and to security? What kind of losses do investors sustain as a result of infectious diseases? How and why do global business leaders take part in international development aid programmes? How can the Russian experience of public–private partnership with RUSAL in the fight against Ebola in Guinea be harnessed in other regions? Inclusive investment: is investment necessary in order to reduce the losses incurred due to epidemic diseases? What kind of public–private partnership approaches and tools exist in the development sector? What is the outlook for the role of private Russian funds in international development aid programmes?
Moderator:
Oksana Derevyanko-Ghozzi ,
Head of Business Programmes, Russia Today
Panellists
Oleg Deripaska ,
President, Member of the Board of Directors, RUSAL
Anna Popova ,
Head, Federal Service for Surveillance on Consumer Rights Protection and Human Wellbeing
Sergey Storchak ,
Deputy Finance Minister of the Russian Federation
Cihan Sultanoglu ,
Assistant Secretary-General, The United Nations Organizations; Regional Director, Europe and the Commonwealth of Independent States, the United Nations Development Programme
Frank Schauff ,
Chief Executive Officer, Association of European Businesses