Recover Better Together
Bringing together public and private sector partners to help local communities and SMEs recover better from the pandemic
We envision a world in which COVID-19 recovery forms the basis for the emergence of sustainable, resilient societies.
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.
with digital capabilities
integrating SMEs into
responsible supply chains,
and delivery of essential services
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.
Colombia Kick Off Call
The call of the Colombia Kickoff took place on Friday the 13th of November in the presence of all partners, facilitated by the UNDP Colombia CO Deputy Representative Alejandro Pacheco
Solutions workshop held to define the most productive way to address challenges by Global Facility
The Global Solutions workshop was held on 6 November. The purpose of the workshop was to identify, discuss and prioritize global level offerings of the Global Facility - global solutions. The developed Global Solutions can be either directly implemented at country level or adopted to local needs.
Global Facility launched at SDG Business Forum
The Global Facility is a response to corporate calls to action for private sector leaders and governments to work together to address the negative impacts of the coronavirus pandemic. The initiative has been established to better coordinate their responses, helping to ensure that immediate stimulus efforts flow into the real economy.