The COVID-19 Private Sector Global Facility is a joint initiative of the United Nations Development Programme (UNDP), The United Nations Global Compact (UN Global Compact), and the International Chamber of Commerce (ICC). The Global Facility operates both at a global and national level and aims to co-create solutions that are tailored to tackle the phase of the COVID-19 pandemic as well as the specificities of the local private sector and governments. By unlocking public-private and private-private cooperation for sustainable response to COVID-19 challenges, it is possible to recover better and build more resilient economies.
Empowering SMEs
with digital capabilities
Building e-commerce
opportunities
integrating SMEs into
sustainable procurement,
responsible supply chains,
and delivery of essential services
Boosting access
to capital
Benefiting SMEs
through collective
action and coordination
Based on the needs of SMEs and local communities, the Global Facility works within five solution areas that will enhance SMEs and incorporate them into future economies. The solution areas are:
Through a phased approach starting with sound needs assessments and mobilisation of key stakeholders, actionable plans and initiatives will be developed for a group of selected countries. Countries in the first tranche are: Colombia, Ghana, the Philippines, and Turkey.
