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MSMEs in the Informal Sector: Formalization Ensure Sustainable Finance and Decent Jobs?

About 2 billion workers, or over 60 percent of the world’s adult labor force, operate in the informal  sector –at least part-time, according to the ILO. The COVID-19 pandemic hit informal workers  particularly hard, especially women. Micro Small Medium Enterprises (MSME), both formal and  informal, make up over 90% of all firms around the globe and offer employment to one-third of 1.2  billion people in the world who work in the informal sector. They generate services for other sectors  like small and large industries, retail, tourism, transportation, construction, etc., and contribute to over  30% of GDP and more than 70% of all jobs created in developing countries. MSMEs were heavily  impacted by the pandemic and continue to face existential challenges on various fronts including but  not limited to business formalization.

MSMEs, both formal and informal, make up over 90% of all firms around the globe1 and contribute to more than half of the GDP in most countries irrespective of income2. As many countries struggle to cope with the growing debt burdens and limited fiscal space to finance the SDGs, the important role of MSMEs as catalytic forces for achieving the SDGs cannot be stressed enough. Despite formalization gathering pace, MSMEs and those in the informal sector also continue to struggle to access formal finance. Without the appropriate regulatory reforms, social protection measures, access to formal finance, and capacity building in tools such as financial literacy and numeracy tools to help manage finances effectively, inclusive growth and a decent work environment for those in the sector will remain a challenge. As part of the Development Cooperation Strategy 2020-25, the ILO is forging partnerships that advance policy objectives and coherence within the framework of Integrated National Financing Frameworks (INFFs) that promote Financing Decent Work. In this panel, the speakers will share global and on-the-ground perspectives and explore steps countries are taking through regulatory reforms, access to finance, and capacity building to ensure sustainable finance and decent work for MSMEs in the informal sector.

Register here!

Speakers:  

  • H.E. Mr. Arrmanatha Christiawan Nasir, Ambassador, Permanent Mission of Indonesia to the  UN (TBC) 
  • Ms. Chantal Line Carpentier, Chief, UNCTAD New York Office of the Secretary-General
  • Ms. Adriana Marina, Founder of Hecho por Nosotros & animaná, Argentina
  • Mr. Amar G. Prabhu, Principal of Don Bosco Industrial Training Institute Kurla, Mumbai, India
  • Ms. Sandie Ejang Elobu, CEO, Western Silk Road, Ltd., Uganda 
  • Ms. Nana Efua Brown-Orleans, Program Lead, Duapa Workspace, Ghana 
  • Ms. Estella Kabagaya Eldradaa, Founder, Mama Children Village, Uganda

Organizers: NGO Committee on Financing for Development, Virginia  Gildersleeve International Fund (DBA Women First International Fund), Salesian Missions Inc, Africa  Development Interchange Network, Institute of the Blessed Virgin Mary, Sisters of Charity Federation

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on the Status of Women/NY, please visit ngocsw.org. For more information on the NGO Committee on the Status of Women/Geneva, please visit ngocsw-geneva.ch. For more information on the NGO Committee on the Status of Women/Vienna, please visit ngocswvienna.org.

Global Negotiations in a Fractured World

The NGO Committee on Financing for Development cordially invites you to join its annual virtual informal working breakfast

 

More information about the Development Cooperation Forum is available here: un.org/development/desa/financing/events/2023-development-cooperation-forum-dcf.

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on the Rights of Indigenous Peoples, please visit un-ngocrip.net. For more information on the NGO Committee on Social Development, please visit . For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com.

[monthly meeting] NGO Committee on Financing for Development

Dear colleagues,

Happy New Year! The NGO Committee on Financing for Development would like to cordially invite you to its first regular monthly meeting of the year, to be held virtually on Tuesday, January 17, from 1:00pm – 3:00pm.

Please register in advance for this meeting here!

A zoom link will be emailed to you after registering. We hope to see you then.

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org

2022 SDG Investment Fair

It’s not too late to register to the December 2022 SDG Investment Fair! The upcoming edition of the Fair is going to be held virtually on 1-2 December and offers a chance to hear from projects teams in Ethiopia, Armenia, Eswatini, and Malawi pitching bankable SDG-aligned projects in hydropower, sustainable agriculture, telecommunications and more. The Fair also features exciting panel discussions and policy roundtables on:

  • Enhancing public-private collaboration for sustainable development in the Least Developed Countries

Thursday, 1 December, 09:00 – 09:30 (EST)

  • Fostering Private Infrastructure Investment in LDCs

Thursday, 1 December, 11:10 – 12:00 (EST)

  • Strengthening country and regional ecosystems to scale-up private sector participation in advancing SDG financing

Friday, 2 December, 10:00 – 10:50 (EST)

  • Mobilizing investments for the SDGs through innovations in data

Friday, 2 December, 11:00 – 11:50 (EST) View the full programme here.

Register today by filling out this brief form.

For more information about the Fair, visit un.org/development/desa/financing/events/december-2022-sdg-investment-fair.

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CoNGO Notes: For more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on the Rights of Indigenous Peoples, please visit facebook.com/NGOCoRIP. For more information on the NGO Committee on Social Development, please visit ngosocdev.org.

State of Big Tech: Dismantling Digital Enclosures

IT for Change invites you to the State of Big Tech Dialogue, an online panel discussion to mark the launch of our upcoming report,  State of Big Tech: Dismantling Digital Enclosures on the 21st of November,  from 7:00- 9:00 PM IST / 2:30 to 4:30 PM CET / 8:30 to 10:30 AM EST.

We invite you to come listen to a panel of key voices – including some of the the volume’s contributors – reflect on the report, the state of the contemporary struggle against Big Tech, the stakes around important battle-grounds being formed today, as well as the potential inherent in current forms of resistance and projects for building an alternative digital economy.

Please register here and a personalized zoom link will be emailed to you.

About the State of Big Tech:

Envisioned as an evolving, year-on-year endeavor that will track and unpack the developments in the Big Tech space, our debut edition of the State of Big Tech is a powerful volume of essays that brings together important perspectives on the corporatization of digital technologies from across regions and constituencies, that touch upon themes including data value chains, sectoral deep-dives, regulatory stalemates, the neo-colonial dimension of the digital economy, the state of platform labour, as well modes of resistance and experiments in building progressive models  towards new digital futures.

Complemented with stunning and evocative art work and select expert interviews, the compendium is a critical, inspiring and original contribution that attempts to capture the current phenomenon of digital capitalism.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Education, Learning, and Literacy, please visit facebook.com/NGOCELLatUN. For more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org

Building A Dependable U.S. Financial Commitment to the UN

With renewed attention on the United Nations and a lengthy 2023 global “to-do list,” please join for a discussion on how sustained and dependable U.S. financial investment in the UN can advance U.S. national interests and improve the international body’s effectiveness and global impact.

The session will consider the diplomatic, political and practical management opportunities that would result from both regular and dependable U.S. payments. It will also showcase that a foundational element of renewed U.S. global leadership is engagement in the international system beyond financial contributions.

Register here!

Featured Speakers:

  • Christopher P. Lu, Ambassador, United States Mission to the UN
  • Sara Jacobs, Representative, California’s 53rd Congressional District
  • Jordie Hannum, Executive Director, Better World Campaign
  • Andrew Hyde, Senior Fellow, Peace Operations and Protecting Civilians in Conflict Programs, Stimson Center (Moderator)

This is part of a series under the project U.S. Financial Leadership in Multilateral Organizations.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on the Rights of Indigenous Peoples, please visit facebook.com/NGOCoRIP. For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com.

Financing for Development in a Fractured World

Join the NGO Committee on Financing for Development for an important look at FfD in a contemporary context, knowing that the repercussions of COVID-19 and climate destruction are here to stay, at least for the foreseeable future.

Date and Time: 8:30 am – 10:00 am EST on November 9, 2022

Please register in advance: https://us02web.zoom.us/meeting/register/tZwuduutpjguGtENOtCZCf-EtA7AD0azr_Wu

Objective: The General Assembly will decide during the current session whether it is ready to convoke the fourth Financing for Development (FfD) conference in the next few years. The global economy is in a difficult situation, especially for development, underlining the need for more effective international economic and financial cooperation. While it is not obvious that the international community as a whole is currently ready to effectively address the pending issues, it is time to start to try to build a new global consensus on financing for sustainable development.

The objective of the NGO Committee on FfD in organizing this workshop is to build the capacity of NGOs/CSOs that focus on a range of economic, social, and environmental issues to engage effectively in the FfD processes and to share updates on the current FfD discussions. While the session is geared towards NGOs/CSOs already engaged with UN processes, it is open to anyone interested in gaining an understanding of FfD. Speakers will provide a perspective of the FfD processes, clarify the larger impact of FfD-related decisions on the achievements of the 2030 agenda, and share insights on current developments and areas that require urgent action and strengthened advocacy efforts.

Read the full concept note here!

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Sustainable Development/NY, please ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on the Rights of Indigenous Peoples, please visit facebook.com/NGOCoRIP.

NGO Committee on Financing for Development regular monthly meeting

Join the NGO Committee on Financing for Development for their regular monthly meeting on November 4 from 1:00 – 3:00 pm EST at the Baha’i International Community Office at 866 UN Plaza, with Zoom access capabilities for those who are unable to attend in person. As the conference room can accommodate up to 25 participants, in-person attendance will be on a first come first served basis for those who have registered at this link by 4:00 pm October 31.

To attend virtually, kindly register to receive the Zoom access link here: https://us02web.zoom.us/meeting/register/tZctdu6urD4qGdG5uqTnKvZAqzQHuY_QnaQq
 
The agenda, minutes of the last meeting, and resource material are being uploaded to the meeting folder here.
 
Note to members:
Save the Date for upcoming FfD workshop! The Committee’s annual workshop on FfD, titled “Financing for Development Post COVID” will be held on November 9 from 8:30 am – 10:00 am via Zoom. This workshop is being organized by the Executive Committee.  Interested participants are encouraged to register here.

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org.

Parents’ Role in Fostering the Financial Literacy of Their Children

The NGO Committee on the Family invites you to join their first fall event of the year, in which attendees will hear from Susan Beacham and a New York banker about educating parents on how to raise financially responsible children.

This event will be held virtually via Zoom. Register here!

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CoNGO Notes: The NGO Committee on the Family/NY is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on the Family/Vienna, please visit viennafamilycommittee.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Education, Learning, and Literacy, please visit facebook.com/NGOCELLatUN. For more information on the NGO Committee on Children’s Rights/NY, please visit childrightsny.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org.

Smart Solutions for Better Business: Is Your Enterprise Future-Ready?

CACCI is pleased to invite members and friends to join the webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” which will be held on October 4, 2022 at 2:00 PM Taipei time (GMT+8).

To register, please visit bit.ly/SmartBizSolutions.

The webinar aims to introduce successful cases of smart solutions in various fields of business. Experts will be invited to present various smart solutions applicable to business and provide the opportunity to discuss potential collaboration among businessmen in the Asia-Pacific region.

The 90-minute session will be moderated by Herman Sameisky, the International Director of Taiwan Smart Solutions Association. Mr. Samiesky is a technical communicator and data analyst who has previously worked for Google and Amazon.

(1) James Chiao, Chairman of the Asian ICT Council at CACCI and the Smart Cities Committee at CIECA-Taiwan; Founding President of Taiwan Smart Solutions Association; and CEO of Smart Cities Consulting, Ltd, Co.  will talk about the COVID-19 Pandemic’s impact on and opportunities for businesses. In particular, he will discuss the digital transformation of businesses, how smart solutions can optimize them, and how glocalization is a win-win business model for international partnerships.

The session will then delve into case studies of smart solutions for businesses.

(2) Joni Kuo, Chairman of Softfoundry International Pte Ltd., will introduce FacePro  “5G+AR Remote Xpert” Smart Service,” which enables experts to remotely guide on-site personnel with 4K ultra-high-definition video from the first perspective and conduct troubleshooting and maintenance, which not only improves maintenance efficiency and ensures safety, but also results in a sharing of expertise and technology.

(3) Shao-Jen Weng, CEO of Healthcare Systems Consortium (HSC), will focus on how hospitals and health systems are positioning their organizations for the future in a post-pandemic world, and the top 10 healthcare industry trends and innovations that impact healthcare companies worldwide.

(4) Bruce King, Marketing Director of GoodLinker Co., Ltd., will look into the two common barriers manufacturing SMEs face in reaching digital transformation to be smarter and more efficient. He will also tackle the benefits of Industry Internet of Thing (IIoT), and the service model with glocalization eco-system. Examples of different industry application cases will also be presented.

(5) The session will conclude with a Q&A.

Please note that registrants will also receive a link to the webinar’s video and presentation documents after the session.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development/New York, please visit ngocsd-ny.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org

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