Project Info
Project Code
1415R
Tranche
T09
Tranche Type
Regular
Status
Closed
Title
Strengthening the capacities of developing country policymakers, investment promotion officials and academia in two priority sectors to attract investment for sustainable and inclusive development
Entities
Implementing Entity (Lead)
UNCTAD
Collaborating DA Entities
ECA
Financial and Evaluation Info
Total Budget
$585,000.00
Project Selected for Evaluation
No
Countries and Regions
Countries or Areas:
Azerbaijan, Bosnia and Herzegovina, Burkina Faso, Colombia, Dominican Republic (the), Ecuador, Egypt, Gambia (the), India, Kenya, Mongolia, Montenegro, Morocco, Nigeria, Pakistan, Saudi Arabia, Senegal, Serbia, Sri Lanka, Thailand
Regions:
Africa, Americas, Asia, Europe
Sub-Regions:
Intermediate Regions:
Countries in Special Situations:
Land Locked Developing Countries (LLDC), Least Developed Countries (LDC), Small Island Developing States (SIDS)
Areas of Work
MDG
1
7
8
Thematic Clusters
Macroeconomics and Finance
Sustainable Development
Brief Description
To meet the millennium development goals as well as fulfill the vision of the Rio+20 outcome document, �The Future We Want�, developing countries, in particular the LDCs and other structurally weak and vulnerable economies, will have to boost investment and domestic private sector participation in sustainable development sectors such as infrastructure and public services. Indeed, sustainable and inclusive development is not possible without investment in these sectors. The latest UNCTAD data show that international investment attraction declined for the third year running in some of the world's poorest regions in 2011, such as Africa. Clearly, there is a greater need in these regions for assistance from the international community to help build individual and institutional capacity to attract investment and ensure it contributes to sustainable and inclusive outcomes. The project, therefore, aims to support government policymakers, investment promotion officials and academia to identify, design and implement effective investment policies that will increase the level of corporate investment in priority sectors identified in the Rio+20 outcome document and maximize the development contribution of investment. To maximize corporate investment, the project will have a particular focus on private sector participation, through new financing opportunities, such as best practices in public-private sector partnerships (PPPs). Through a series of sequential activities, and working with the ICC, UNDP, the Global Compact and UN Regional Commission for Africa, the project will maximise existing knowledge and expertise to achieve its goals.
Objective and Expected Outcomes
Objective
To increase the capacity of policymakers and investment promotion officials in selected countries to formulate and implement policies that increases the contribution of international investment to sustainable development and inclusive growth in two priority sectors
Expected Outcome 1
Increased awareness and understanding among policymakers and investment promotion officials, and academia in beneficiary countries of the role international investment could play in sustainable and inclusive development, including awareness of its risks
Expected Outcome 2
Increased capacity of government and investment promotion officials, and academia in beneficiary countries to collect, analyse and use investment data in order to be able to make informed evidence-based policy decisions that will boost investment to sustainable development sectors, such as infrastructure and public services
Expected Outcome 3
Increased ability among policymakers in beneficiary countries to formulate and implement policies, including public-private partnerships, to attract international investment to sustainable development sectors, such as infrastructure and public services, and maximize its contribution to sustainable and inclusive development outcomes