UN Tanzania & Private Sector Good Practices

The 2030 Agenda for Sustainable Development necessitates innovative and targeted financing approaches, particularly from the private sector, to meet national and global development goals. This urgency is compounded by recent global challenges such as the COVID-19 pandemic and geopolitical tensions, which have profoundly impacted economies worldwide, exacerbating the need for substantial investment in sustainable development. As public financial resources decline, the importance of mobilising private capital grows. The United Nations leverages its extensive convening power and technical expertise to forge partnerships with the private sector aimed at creating investment flows that benefit both economic growth and social development. Here are key examples of such partnerships, illustrating their substantial contributions to achieving the Sustainable Development Goals.