World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Key Role of Entrepreneurs in Addressing Development Issues

UN Officials Highlight Key Role of Entrepreneurs in Addressing Development Issues

New York, Jun 26 2013 - Supporting young entrepreneurs is essential to tackling the world's most pressing challenges and launching a new era of global engagement, senior United Nations officials said today, urging Governments to foster enabling business environments to help achieve sustainable development.

"[Entrepreneurs] must be encouraged to stand at the frontline of socio-economic change, in the service of sustainable development," the President of the General Assembly, Vuk Jeremiæ, said at the Thematic Debate on Entrepreneurship for Development in New York.

"They are the ones who are often best placed to take the first crucial steps towards breaking the cycle of poverty in their surroundings."

Mr. Jeremiæ pointed that at the UN Conference on Sustainable Development (Rio+20) held last year in Brazil, countries recognized that Governments alone would not be able to achieve all commitments on sustainable development, and that the contribution of civil society and the private sector was crucial to innovation.

"I believe Governments should see the promotion of socially-conscious entrepreneurial spirit as a basic duty," he said, adding that entrepreneurs must be given the means to leverage new technologies that will help move away from an economy that depends on carbon-based energy systems.

Entrepreneurs will also be able to contribute to the post-2015 development agenda, Mr. Jeremiæ said, through public-private partnerships that focus on improving the lives of the world's most disadvantaged people.

"I believe the post-2015 agenda will largely stand or fall on whether Governments will be able to work together with individuals who embody the spirit of socially-responsible entrepreneurship," he said. "Our goal must be to establish a new form of global engagement."

In his remarks, Secretary-General Ban Ki-moon emphasized the importance of supporting young entrepreneurs, many of whom are currently facing an economic crisis in their countries.

"This year, some 73 million young people will be unemployed. Between 2016 and 2030, an estimated 425 million young women and men will join the labour force between 2016 and 2030. That means the world will need about half a billion jobs by then," Mr. Ban told participants.

"To help meet this challenge, we should encourage, educate and empower young entrepreneurs."

Countries should focus not just on creating better conditions for entrepreneurship but also invest in education and nurture young people, Mr. Ban said, adding that they will be the ones creating jobs and innovative solutions in the future.

"I call on all partners to support youth entrepreneurship, self-employment and youth-led businesses. The United Nations system will do its part. Our Global Compact initiative will continue mobilizing and supporting young entrepreneurs in advancing a more sustainable future," he said, adding that the World Bank, the International Labour Organization (ILO) and the UN Capital Development fund are also working to foster youth entrepreneurship.

For more details go to UN News Centre at http://www.un.org/news

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

As Health Needs Rise In Somalia, Funding Hits New Low

As health needs rise in Somalia, funding hits new low, cutting off 1.5 million from care – UN More>>

Need To End Violence Against Children In Conflict

‘We should be outraged’ more not being done to end violence against children in conflict – UNICEF chief More>>

On Mandela Day, UN Joins Call To Promote Community Service

Nelson Mandela, then Deputy President of the African National Congress of South Africa, raises his fist in the air while addressing the Special Committee Against Apartheid in the General Assembly Hall. UN Photo/P. Sudhakaran More>>

Some $3.2 Billion Needed For Ebola Recovery Efforts

Some $3.2 billion needed for Ebola recovery efforts in Guinea, Liberia and Sierra Leone – UN More>>

World Day: UN Spotlights Plight Of Vulnerable Populalations

Syrian refugees fleeing the fighting near the Syrian city of Kobani wait in a holding area before boarding buses in Turkey (September 2014). Photo: UNHCR /I. Prickett More>>

Afghanisatan: Direct Talks Between Government And Taliban

The United Nations Security Council has welcomed the recently held direct talks between Afghan Government and Taliban representatives as a step towards “peace and reconciliation” in the region. More>>

Eradicating World Hunger By 2030

Agriculture workers collect carrots on a farm in Chimaltenango, Guatemala. Photo: World Bank/Maria Fleischmann More>>

Bangladesh: Flood Leads To UN Agency Providing Food Relief

Anwar Hossain unloads cartons of High Energy Biscuits from a pickup truck and transfers them to a distribution center in Kawar Khop union, Ramu upazila, Cox’s Bazar, Bangladesh. Photo: WFP/Kamrul Mithon More>>

Ban Says World Must Act Now To Curb Climate Change

Alarmed by melting glacier in Norway, Ban says world must 'act now' to curb climate change More>>

UN Spotlights Data And Technology As Key To Sustainability

The importance of quality data and cutting edge information communication technologies (ICTs) is increasingly critical to the shaping of the future sustainable development agenda, the head of the United Nations Development Programme ( UNDP ) confirmed today. More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news