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Achieving the Sustainable Development Goals can unlock trillions in new market value
January 16, 2017
Achieving the Sustainable Development Goals can unlock trillions in new market value
London, 16 January, 2017: The BSDC’s flagship Better Business, Better World report, recognizes that while the last few decades have lifted hundreds of millions out of poverty, they have also led to unequal growth, increasing job insecurity, ever more debt and greater environmental risks. This mix has fueled an anti-globalization reaction in many countries, with business and financial interests seen as central to the problem, and is undermining the long-term economic growth that the world needs.
The report positions the Sustainable Development Goals (SDGs) as a compelling new strategy to reverse this trend, highlighting their potential to unleash innovation, economic growth, and development at an unprecedented scale. However, this potential will not be realized without radical change in the business and investment community. Real leadership is needed for the private sector to become a trusted partner in working with government and civil society to address the flaws in the current economic model.
The BSDC, which is comprised of 35 CEOs and civil society leaders, has spent the last year exploring the key question: “What will it take for business to be central to building a sustainable market economy-one that can help to deliver the SDGs?” The Better Business, Better World report seeks to answer this question while also highlighting the scale of the economic prize that could be available to business if the SDGs are realized.
Read more at WBCSD.
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