Expanding Opportunity and Access

A vibrant and diversified private sector is a desired outcome of development, a crucial driver of development and an increasingly important partner with other actors in achieving effective development outcomes. Domestic and foreign private enterprises of all sizes and industry sectors are playing a role in expanding opportunities and access for people in developing countries to lift themselves out of poverty. Pioneering corporations, entrepreneurs and financiers are delivering innovative new approaches and resources to support development goals while achieving their business objectives. They are leveraging their core competencies and value chains along with strategic philanthropy and public policy dialogue to include the poor as producers, employees and consumers, to spread more accountable and responsible business practices, and to drive more environmentally sustainable growth. They are developing new business models aimed at achieving competitive advantage alongside new collaborative models aimed at achieving systemic change.