Effective investment facilitation and sustainable development
This five-day course will help investment promotion agencies to strengthen their investment promotion and facilitation capacities, expand their after-care services and, more broadly, enhance the development impacts of FDI flowing into their countries, particularly as regards the creation of more and better jobs. The course is run jointly by WAIPA (World Association of Investment Promotion Agencies) and the International Labour Organization (ILO).
The positive impact on social and economic development impacts of FDI, direct or indirect, have been recognized by the 2030 Agenda for Sustainable Development. The 2030 Agenda is the global framework which brings to together all spheres of society at a global level, including the private and public sector to eradicate poverty and achieve sustainable development by the year 2030.
Within this framework, FDI has the potential to play a critical role, in multiple ways, in achieving the 17 Sustainable Development Goals (SDGs). While the linkages between FDI and the 17 SDGs are clear concerning certain goals (such as SDG 8 on decent work and inclusive growth, or SDG 7 on affordable and clean energy), they are less evident for other goals. Hence, getting the most out of FDI in terms of development and achievement of the SDGs requires strategic thinking and action by Investment Promotion Agencies.
Working with best practices and tools, participants will gain a better understanding of how to improve investment facilitation to enhance the development impacts of FDI flowing into their countries, particularly concerning the creation of more and better jobs and the overall contribution of FDI in achieving the Sustainable Development Goals.
Staff of investment promotion agencies and other government officials involved in investment facilitation, e.g. from foreign ministries or ministries responsible for trade, commerce and finance.
At the end of the course, participants will:
- Be knowledgeable about the latest trends and opportunities regarding sustainable development, decent work and investment facilitation;
- Understand the positive links between FDI, sustainable development and decent work•Understand the dominant development frameworks concerning sustainable development and decent work relevant for investment facilitation;
- Gain a better understanding on how to implement a system of after care services and investment promotion measures in the framework of sustainable development and decent work.