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New Analytical Tool From 3GF to Support Public Private Partnerships for Green Growth
The Global Green Growth Forum (3GF) is launching a world-first analytic framework to drive strategic development of effective partnerships that can have rapidly scaled impact. The 3GF analytical tool will be released in a working paper titled “Accelerating Green Growth through Public-Private Partnerships” during a side event organized by 3GF and UN Global Compact in Rio de Janeiro.
Read also: 3GF Awarded for its Transformative Work at COP17
The side-event ‘Accelerating Green Growth’, taking place on June 18th, opens with remarks by Robert Orr, Assistant Secretary-General in the United Nations, and lead on the UN Partnership Facility, and by Martin Lidegaard, the Danish Minister for Climate, Energy & Building, and will be closed by the Danish Minister for Development Cooperation, Christian Friis Bach.
Public-Private Partnerships on the international agenda
The concept of Public-Private Partnerships is hitting the international agenda on sustainable growth with 100 miles an hour. It will be a buzz word during G20/B20 in Los Cabos as well as in the Rio+20 Conference in Rio de Janeiro. For a reason: The massive industrial transformation required to lead the world economy onto a new sustainable growth track will need concerted action from governments and private sector leaders.
We have seen examples before of efficient public-private partnerships which have moved the agenda dramatically. GAVI is one such very successful public-private collaboration that has ensured vaccines for millions of children worldwide. In the area of green growth, the Water Resource Group (WRG) is an example of a promising new public-private initiative which effectively engages the private sector in improving water management.
Discussing how to manage Public-Private Partnerships
For every GAVI or WRG, however, there are hundreds of ideas and initiatives that pop up only to disappear again without leaving a trace. While absolutely necessary, engaging in a public-private partnership is complicated, and we need to become better at managing this type of cooperation in order not to waste valuable time and resources.
The Side event on June 18th will convene leaders of PPPs to discuss how to scale public-private green growth alliances to catalyse the transition to a green economy. Discussions at the session will focus on existing examples of PPPs for green growth from around the world – in bio-refining, energy efficiency, trade, cities, finance, sustainable procurement, water and agriculture.
Speakers and moderators include thought-leaders and PPP innovators – Simon Zadek, Senior Fellow, Global Green Growth Institute; Tom Heller, Executive Director of Climate Policy Initiative; Ricardo Melendez-Ortiz, CEO of the International Centre for Trade & Sustainable Development; Dominic Waughray, Senior Director of the World Economic Forum; Rashad Kaldany, Vice President of the International Finance Cooperation; Eugene Owusu, UN Resident Coordinator, UNDP as well as other senior leaders in the field.
This event will showcase the role that PPPs can play in reducing information-, policy- or behavioural barriers to the scaling of green growth investments, PPP innovation and best practice.
Read also: 3GF Defines Key Elements for a Green Industrial Revolution
About 3GF
3GF is a partnership between the Governments of Denmark, Korea and Mexico, leading global corporations and international organizations. The leaders represent a forum of progressive countries that are working with the private sector to create large-scale green growth projects as part of a bottom-up economic transition.
3GF annually convenes a selected group of 200 political and business leaders to give momentum to long-term sustainable growth through scalable public-private partnerships. The second Forum – 3GF2012 – will be held in Denmark on 9-10 October 2012 under the thematic headline “Resource Efficiency and Growth”.
Source: The Ministry of Foreign Affairs of Denmark
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