New York, April 24th 2019 – UNIDO ITPO Italy participated to the UN SDG Investment Fair (SDGI Fair) - organized by the Department of Economic and Social Affairs (DESA), the United Nations Conference on Trade and Development (UNCTAD), in cooperation with Global Compact - which it took place from 15 to 17 April 2019 in conjunction with the 2019 ECOSOC Forum on Financing for Development in New York.

The event was attended by Ministers of finance, foreign affairs and development cooperation,  private sector representatives, trade and development institutions as well as experts from think tanks, and it aimed at discussing new solutions for closing the SDG investment gap.

In this framework UNIDO ITPO Italy organized a panel debate “Promoting responsible investments and sustainable technology through public and private sector partnerships”,  joined by representatives from the ITPOs and the private sector to discuss about the important role of partnerships across industries, sectors, and countries in facilitating foreign and domestic investments and transfer technology to SMEs, ensuring an economic development of countries.

Underlining the relevance of SDGs 8, 9 and 17 in UNIDO ITPO Italy’s mission, the Head, Diana Battaggia reported: “UNIDO’s believes that strategic partnerships are a key element for countries to achieve enhanced levels of inclusive and sustainable industrial development”; she went on to say “the private sector is essential to these efforts, for creating jobs, wealth, new markets and providing funding streams for development”.

The intervention of UNIDO ITPO Network is been crucial to point out the way it contributes to the reduction of development imbalances by brokering investment and technology transfer between industrialized countries, developing countries and economies in transition, as well as to share best practices on how to foster global partnerships to advance prosperity for all.