CMD Speaks
Welcome to September 2015

Dear IPEans

The United Nation celebrates several International days in September - 8th is the day for Literacy, 12th for South-South Co-operation, 15th September is the International Day of Democracy and on 21st, we have the International Day of Peace.

Is it a co-incidence that the 3 significant qualities - literacy, co-operation and democracy precede the ultimate one - Peace?

Incidentally, IPE Global is actively working to make all these a reality. For instance:

• Through scholarship management services in the Odisha Girls Incentive Programme (OGIP) for tribal girls.

• By promoting South-South Co-operation through the Knowledge Partnership Programme (KPP) ...

• Strengthening democratic governance and decentralisation through capacity Building of local bodies in various countries, and

• Working in fragile and conflict-affected states (FCAS) such as Democratic Republic of Congo - building infrastructure.... and the prospect of lasting peace.

IPE Global managed the Call to Action Summit 2015 in New Delhi on 27-29 August 2015 which was inaugurated by Indian Prime Minister Narendra Modi and had participation from 24 countries. In fact, this was the first time the Call to Action Summit was held outside USA and IPE Global was privilegd to act as the Secretariat for the event.

On another note, I am very happy that IPE Global is expanding its technology division with quality. We have recently achieved CMMI Level 3 Certification for our Software Development Processes that works on niche development related products and solutions.

In India, 5th September is celebrated as Teacher's Day - a day to thank all the people in your lives who have taught you something. None of us would have been what we are, were it not for the many teachers in our lives. Take some time and thank your school, college or life teachers on that day - they have a lot to be thanked for.

Best wishes
- Ashwajit Singh
Editorial

Dear *|FNAME|*

As world leaders in next few days will formally endorse the new development agenda, it is imperative to explore the role of private sector in driving the 17 new goals. The business leaders need to move forward from CSR initiatives and incorporate the values of social change and economic development in their core business model. Along with profit sheets there is an equal need for all round development

Who will finance the SDGs is a question looming large and everyone needs to come to a consensus as to who would lead the way. Sustained efforts are required and news of the month elaborates on these aspects.

In this edition you can also read about aid received from donors agencies and some development sector highlights.

Happy reading and be Inspired!

- Rebika Laishram , Kriti Pandey

News Of The Month
Private sector can be the driving force to turn sustainable development into a reality

This month the world will see a historic declaration when citizens of the world will formally adopt the new development agenda, ‘Sustainable development Goals’ which will improve the lives of people everywhere. These goals serve as a charter for governments of nations to build a more sustainable and equitable world.

Learnings from the experience of the Millennium Development Goals, has made the signatory member countries more aware of how they would draft the roadmap to achieve these 17 ambitious goals. And one of the most prominent overarching issue identified, has been finding the adequate resources to achieve these goals, targets and indicators. This has been echoed by most of the developing countries.

Many had expectations that during the recently concluded third international financing for Development Conference in Addis Ababa, the issue would be addressed by closing on the proposal of the intergovernmental tax body. But it was rejected leaving question marks on the commitment exhibited by the developed and rich nations. The outcome document agreed by the countries is a ‘feeble’ assurance and the veracity of its contents will only be revealed by times to come.

In these murky circumstances, private sector is the strong beacon of hope to help the world find sustainable solutions to some of the most pressing economic, environmental and social problems. The UN Global Compact whose General Assembly Mandate is to “promote responsible business practices and UN values among the global business community and the UN System,” seems a good way to begin. The UNGC which is “CEO commitments to implement universal sustainability principles and to take steps to support UN goals” can promote sustainable business practices and encourage private sector for resources and financial support.

With more trends of the young workforce drawn towards organizations working for a ‘purpose’ there has been increasing realizations in corporate houses to move rapidly the CSR initiatives and embrace social impact into their core business strategy.

But with investments worth $2 trillion annually for the new SDG goals, there needs to be further engagement from the private sector. More and more global companies need to adopt this global agenda to help write a successful development story for the world. Partnership approach with both private and public entities coming together is indeed another mode which can help governments of nations to not just get good support but also in turn build their capacities.

Along with new innovative approaches to engage private sector, traditional governments led interventions are also crucial for all round development assistance.

As all of us witness history later this month in New York, many eyes will also eagerly await any update on more inclusive engagement by the Private sector.

AID Roundup

Telangana CM seeks New Development Bank aid for urban projects

Telangana Chief Minister K Chandrashekhar Rao today sought the help of New Development Bank (NDB)...Click here

India pledges Rs.4,500 crore project aid to Bhutan

India pledged Rs.4,500 crore of project assistance to close neighbour Bhutan. The assistance for Bhutan's 11th Five Year Plan (July 2013-June 2018... Click here

J-K govt approves proposal for availing World Bank aid

The Jammu and Kashmir government approved a proposal for availing World Bank aid of Rs 1,500 crore for the Jhelum Tawi Flood Recovery...Click here

Development News

India will fare better in ‘ease of doing biz’: Minister

The ranking of States on ‘ease of doing business’ will be released by the World Bank and not the Department of Industrial Policy and Promotion (DIPP) which .... Click here

Asian Development Bank approves $200 million loan to Jharkhand for roads

Multi-lateral funding agency Asian Development Bank (ADB) today said it will extend a loan of $ 200 million to Jharkhand for upgrading ... Click here

World Bank to fund Hooghly riverfront revamp

The Hooghly riverfront in Kolkata will get a makeover with World Bank sanctioning funds under the National Ganga River Basin Project scheme...Click here

 
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