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Bolivia's Global Compact Launches Business Cycle Ahead of Sustainable Development Summit
๐Ÿ‡ง๐Ÿ‡ด Bolivia /Elections & Politics

Bolivia's Global Compact Launches Business Cycle Ahead of Sustainable Development Summit

From El Deber · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Global Compact Network Bolivia convened public and private sector representatives in Santa Cruz to define actions for the 2030 Agenda.
  • The meeting on April 21 will feature presentations from nine working groups on integrating Sustainable Development Goals (SDGs) into business management.
  • This initiative aims to strengthen collaboration and consolidate proposals for the upcoming III Business Summit for SDG Acceleration.

Global Compact Network Bolivia, in collaboration with the United Nations system and the Ministry of Planning and Environment, has brought together key stakeholders from the business, public, academic, and international cooperation sectors. This gathering in Santa Cruz is crucial for defining concrete actions aligned with the 2030 Agenda and the Sustainable Development Goals (SDGs).

the meeting seeks to strengthen joint work between companies, the public sector, academia, and international cooperation, through spaces for collective action.

โ€” Lucรญa SossaThe Executive Director of Global Compact Network Bolivia explained the objectives of the upcoming meeting.

The event, scheduled for April 21, will see the nine working groups of the Bolivia Network present their plans and lines of action. This marks the beginning of a new cycle of multisectoral coordination focused on embedding SDGs into corporate strategy. It's a vital step for Bolivia as it seeks to bolster its productive reactivation, job creation, and transition towards more inclusive development models, as outlined in the National Economic and Social Development Plan (PDES) 2026-2030.

Lucรญa Sossa, Executive Director of Global Compact Network Bolivia, emphasized the importance of strengthening joint work through collective action spaces. These platforms are essential for setting priorities, tracking progress, and formulating proposals for the III Business Summit for SDGs, themed 'Driving a Sustainable Future.' The private sector's role in implementing sustainable solutions is particularly highlighted, especially in the current context of national development priorities.

these tables allow defining priorities, identifying progress, and consolidating proposals for the III Business Summit for the SDGs, which will be held under the theme 'Driving a Sustainable Future.'

โ€” Lucรญa SossaLucรญa Sossa highlighted the role of the working groups in preparing for the upcoming summit.

Founded in 2017 with nine companies and business associations, the Global Compact Network in Bolivia has grown to over 130 member organizations. Their work spans nine specialized working groups, covering critical areas such as environment, governance, gender, sustainable finance, academia, artificial intelligence, sustainable cities, health, and children and adolescents. This broad engagement underscores Bolivia's commitment to a sustainable future, driven by collaboration and innovation.

the role of the private sector in implementing sustainable solutions, in a context marked by the updating of national priorities within the framework of the Economic and Social Development Plan (PDES) 2026-2030, oriented towards productive reactivation, job creation, and the transition towards more inclusive development models.

โ€” Lucรญa SossaSossa emphasized the private sector's importance in achieving national development goals.
DistantNews Editorial

Originally published by El Deber in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.