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International energy company Eni S.p.A. and the United Nations Industrial Development Organization (UNIDO) signed a Joint Declaration, setting up a new, pioneering public-private cooperation model aimed at helping reach the UN’s Sustainable Development Goals (SDGs).
“Establishing multi-stakeholder partnerships is crucial to achieve the Sustainable Development Goals”, said UNIDO Director General LI Yong. “UNIDO actively seeks cooperation arrangements with business sector stakeholders, and Eni and the Italian Ministry of Foreign Affairs and Development Cooperation share our ambition to promote the public-private cooperation approach with additional partners.”
The Declaration outlines a new, pioneering cooperation model between the private sector and an international organization through which partners work together and leverage each other’s expertise to enhance the effectiveness of the project.
The Eni-UNIDO cooperation aims to contribute reaching the SDGs targets through a strategic cooperation focused on areas of common interest such as youth employment, agriculture value chains and renewable energy and energy efficiency, particularly in Africa. Moreover, it is expected that the cooperation will yield many more concrete business interactions that will lead to an increasing number of public-private cooperation for Africa’s sustainable industrialization.
Original source: UNIDO
Published on 17 July 2019