supply chains

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

__________________________________________________________________________________________________________

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.

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

__________________________________________________________________________________________________________

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.

[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.

___________________________________________________________________________________________________

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. 

[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.

___________________________________________________________________________________________________

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. 

CACCI Policy Advocacy webinar on ESG in South-East Asia and Green-Digital Transformation

CACCI invites you to participate in the CACCI Policy Advocacy webinar to be held on Wednesday, December 14at 3:00PM Taipei Time. The 50-minute session will be moderated by Mangesh Lal Shrestha, YEGAP President.

The two relevant policy issues to be discussed are:

(1) ESG in South-East Asia: Policy Considerations for Improving Performance Across Sustainability and Social Parameters in the EV and Textile Industries by Mr. Arjun Goswani, Director, Public Policy, Cyril Amarchand Mangaldas

(2) How to Adjust to the Green-Digital Transformation: A Primer for CACCI by Prof. Dr. Güven Sak, Economic Policy Research of Turkey (TEPAV)

The two Executive Summaries can be downloaded HERE for your perusal. The two presentations will be followed by Q&A section. The session will conclude with Mr. Mangesh Lal Shrestha’s Closing Remarks. Your participation is free of charge. Moreover, we encourage you to share this invitation with your colleagues.

Please register HERE.

Thank you, and we look forward to seeing you at the webinar.

Sincerely yours,

David Hsu

Director-General, Confederation of Asia-Pacific Chambers of Commerce and Industry

_____________________________________________________________________________________________________

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 Intergenerational Solidarity, please email the chair at susanneseperson@gmail.com. 

CACCI Policy Advocacy webinar on ESG in South-East Asia and Green-Digital Transformation

CACCI invites you to participate in the CACCI Policy Advocacy webinar to be held on Wednesday, December 14at 3:00PM Taipei Time. The 50-minute session will be moderated by Mangesh Lal Shrestha, YEGAP President.

The two relevant policy issues to be discussed are:

(1) ESG in South-East Asia: Policy Considerations for Improving Performance Across Sustainability and Social Parameters in the EV and Textile Industries by Mr. Arjun Goswani, Director, Public Policy, Cyril Amarchand Mangaldas

(2) How to Adjust to the Green-Digital Transformation: A Primer for CACCI by Prof. Dr. Güven Sak, Economic Policy Research of Turkey (TEPAV)

The two Executive Summaries can be downloaded HERE for your perusal. The two presentations will be followed by Q&A section. The session will conclude with Mr. Mangesh Lal Shrestha’s Closing Remarks. Your participation is free of charge. Moreover, we encourage you to share this invitation with your colleagues.

Please register HERE.

Thank you, and we look forward to seeing you at the webinar.

Sincerely yours,

David Hsu

Director-General, Confederation of Asia-Pacific Chambers of Commerce and Industry

_____________________________________________________________________________________________________

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 Intergenerational Solidarity, please email the chair at susanneseperson@gmail.com. 

Creating an Enabling, Gender-Responsive Work Environment for the Future: The Role of ILO Convention 190 in Addressing Violence and Harassment in the World of Work

About: To achieve a job-rich recovery and just transition to a sustainable and inclusive economy, the UN Secretary-General is calling for a Global Accelerator for Jobs and Social Protection Global Accelerator for Jobs and Social Protection that would create at least 400 million jobs and extend social protection to 4 billion women, men, and children currently without coverage. (Link to the Global Accelerator web page). A robust recovery from the COVID-19 pandemic requires an emphasis on climate-friendly, technology-focused green jobs (SDGs 9, 14.15), including in the informal sector and migrant communities.

A green, inclusive, and gender-equitable work environment that is decent, safe, and free from violence and harassment (v&h) will enhance the resilience of communities, in the face of economic and environmental challenges. ILO C-190 commits governments and employers to implement measures to protect all workers from v&h. Therefore, legislative and policy frameworks that incorporate ILO C 190, as well as strategies to promote lifelong learning opportunities (SDG 4), including awareness-raising on the prevalence of v&h in the world of work and measures to combat it, must be integral to this process. Hence the vital need for multi-stakeholder dialogue on this important dimension of “building back better” after the Covid-19 pandemic and advancing implementation of the SDGs.

Register here!

Objectives: This side event will focus on ways to create an enabling, gender-responsive, safe work environment for the future, by incorporating into its framework the International Labour Organisation Convention 190 (ILO C 190, 2019) addressing violence and harassment (v&h), in the world of work (Link: Status of Ratification).

In the spirit of SDG 17, it will bring together multi-stakeholder partners: governments, the private sector, trade unions, and NGOs with the aim of exploring strategies to promote universal ratification and effective implementation of ILO C 190, as part of a broader push that goes beyond job creation to the provision of safe, violence-free environments with decent jobs for all (SDG 5, SDG 8). This side event aims to build on the conclusions of the Multi-stakeholder Interactive Dialogue and strategy session of 8 September 2021 on promoting ILO C 190, organized by The NGO Coalition to End Violence and Harassment in the World of Work.

Speakers:

  • H.E. Ms. Mathu Joyini, Ambassador Permanent Mission of the Republic of South Africa to the United Nations
  • H.E. Mr. Carlos Amorín, Ambassador, Permanent Mission of Uruguay to the United Nations (TBC)
  • Ms. Chidi King, Chief, Gender, Equality, Diversity and Inclusion Branch (GEDI), ILO
  • Ms. Maria Paz Anzorreguy, Director for ILO Coordination, International Organization of Employers
  • Ms. Rukmini V P, President, Garment Labour Union, Bengaluru, India
  • A representative from the trade union sector speaking about their efforts to support countries with the ratification process and recommendations for areas and regions where collective advocacy efforts are needed (TBC)
  • A representative from the private sector speaking about the policy measures they have taken to ensure a work environment free of violence and harassment and the importance of ratification of ILO C-190 to ensure such an environment.
  • Youth voice (TBC)

__________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on the Status of Women-NY, a Substantive Committee of the Conference of NGOs in Consultative Relationship at the United Nations, please visit  ngocsw.org. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Migration, please visit ngo-migration.org. For more information on the NGO Committee on the Status of Women-Vienna, please visit ngocswvienna.org. For more information on the NGO Committee to Stop Trafficking in Persons, please visit ngocstip.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 Financing for Development, please visit ngosonffd.org. 

Creating an Enabling, Gender-Responsive Work Environment for the Future: The Role of ILO Convention 190 in Addressing Violence and Harassment in the World of Work

About: To achieve a job-rich recovery and just transition to a sustainable and inclusive economy, the UN Secretary-General is calling for a Global Accelerator for Jobs and Social Protection Global Accelerator for Jobs and Social Protection that would create at least 400 million jobs and extend social protection to 4 billion women, men, and children currently without coverage. (Link to the Global Accelerator web page). A robust recovery from the COVID-19 pandemic requires an emphasis on climate-friendly, technology-focused green jobs (SDGs 9, 14.15), including in the informal sector and migrant communities.

A green, inclusive, and gender-equitable work environment that is decent, safe, and free from violence and harassment (v&h) will enhance the resilience of communities, in the face of economic and environmental challenges. ILO C-190 commits governments and employers to implement measures to protect all workers from v&h. Therefore, legislative and policy frameworks that incorporate ILO C 190, as well as strategies to promote lifelong learning opportunities (SDG 4), including awareness-raising on the prevalence of v&h in the world of work and measures to combat it, must be integral to this process. Hence the vital need for multi-stakeholder dialogue on this important dimension of “building back better” after the Covid-19 pandemic and advancing implementation of the SDGs.

Register here!

Objectives: This side event will focus on ways to create an enabling, gender-responsive, safe work environment for the future, by incorporating into its framework the International Labour Organisation Convention 190 (ILO C 190, 2019) addressing violence and harassment (v&h), in the world of work (Link: Status of Ratification).

In the spirit of SDG 17, it will bring together multi-stakeholder partners: governments, the private sector, trade unions, and NGOs with the aim of exploring strategies to promote universal ratification and effective implementation of ILO C 190, as part of a broader push that goes beyond job creation to the provision of safe, violence-free environments with decent jobs for all (SDG 5, SDG 8). This side event aims to build on the conclusions of the Multi-stakeholder Interactive Dialogue and strategy session of 8 September 2021 on promoting ILO C 190, organized by The NGO Coalition to End Violence and Harassment in the World of Work.

Speakers:

  • H.E. Ms. Mathu Joyini, Ambassador Permanent Mission of the Republic of South Africa to the United Nations
  • H.E. Mr. Carlos Amorín, Ambassador, Permanent Mission of Uruguay to the United Nations (TBC)
  • Ms. Chidi King, Chief, Gender, Equality, Diversity and Inclusion Branch (GEDI), ILO
  • Ms. Maria Paz Anzorreguy, Director for ILO Coordination, International Organization of Employers
  • Ms. Rukmini V P, President, Garment Labour Union, Bengaluru, India
  • A representative from the trade union sector speaking about their efforts to support countries with the ratification process and recommendations for areas and regions where collective advocacy efforts are needed (TBC)
  • A representative from the private sector speaking about the policy measures they have taken to ensure a work environment free of violence and harassment and the importance of ratification of ILO C-190 to ensure such an environment.
  • Youth voice (TBC)

__________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on the Status of Women-NY, a Substantive Committee of the Conference of NGOs in Consultative Relationship at the United Nations, please visit  ngocsw.org. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Migration, please visit ngo-migration.org. For more information on the NGO Committee on the Status of Women-Vienna, please visit ngocswvienna.org. For more information on the NGO Committee to Stop Trafficking in Persons, please visit ngocstip.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 Financing for Development, please visit ngosonffd.org. 

Revisiting Financing for Development

In preparing to mark the 20th  anniversary of the first United Nations International Conference on Financing for Development held in Monterrey, Mexico in March 2002, a process that promised so much, it is only prudent to reflect on the history of the Financing for Development (FfD) processes, especially considering the negative impact of the COVID-19 pandemic on efforts to curb the widening of the gap between the rich and poor, both within and among countries. During these trying times, the poor and the most vulnerable are left at the mercy of ineffective regional and global policies. We are also witnessing the erosion of personal freedoms, even within the so-called bastions of democracy. Individual and corporate greed seems to be dictating the direction of these financial policies.

In light of the pandemic and a looming global recession, the UN Secretary-General Antonio Guterres sounded the alarm: “We must act quickly and decisively to protect people and strengthen societies in the face of this shock, which comes on top of a global climate emergency, soaring inequality and growing discontent with the economic and social order in general.”

The premise of the FfD process has been to eradicate poverty, achieve sustained economic growth and promote sustainable development in an inclusive and equitable global economic system. There needs to be a systemic transformation of the global financial architecture and global division of labor towards achieving a just, green, equitable and gender-sensitive recovery in the current and post-COVID-19 scenario.

Financial regulations that turn a blind eye toward tax-havens are indicators of the extent to which the privatization of wealth has generated today’s culture of shortsightedness. Morality is not arbitrary. The well-being of our planet and its 7.5 billion human inhabitants require a readjustment of perspective that justly distributes wealth, recognizing that shared prosperity sustains life.

As civil society organizations, we have the moral obligation, the responsibility and needed insights, and opportunities to join in advocating to change this narrative. This moment calls for a greater vision of the world that ought to be, than the empty promises of our current global social compact.  This is the time to join forces to remove the malignant growth of addiction to individual/private gain/profit and promote communal gains and wellbeing by advocating for financial structures that support collaboration, transparency, and accountability.

We, as civil society, have the ability and insight to change the narrative. Let us start by reviewing our individual and collective roles and the prospects of the FfD process to invigorate our plan of action to bring about the change for which we have been clamoring.

Register here!

__________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, an official Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations, please visit ngosonffd.org. 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 congocsd.wordpress.com. 

Revisiting Financing for Development

In preparing to mark the 20th  anniversary of the first United Nations International Conference on Financing for Development held in Monterrey, Mexico in March 2002, a process that promised so much, it is only prudent to reflect on the history of the Financing for Development (FfD) processes, especially considering the negative impact of the COVID-19 pandemic on efforts to curb the widening of the gap between the rich and poor, both within and among countries. During these trying times, the poor and the most vulnerable are left at the mercy of ineffective regional and global policies. We are also witnessing the erosion of personal freedoms, even within the so-called bastions of democracy. Individual and corporate greed seems to be dictating the direction of these financial policies.

In light of the pandemic and a looming global recession, the UN Secretary-General Antonio Guterres sounded the alarm: “We must act quickly and decisively to protect people and strengthen societies in the face of this shock, which comes on top of a global climate emergency, soaring inequality and growing discontent with the economic and social order in general.”

The premise of the FfD process has been to eradicate poverty, achieve sustained economic growth and promote sustainable development in an inclusive and equitable global economic system. There needs to be a systemic transformation of the global financial architecture and global division of labor towards achieving a just, green, equitable and gender-sensitive recovery in the current and post-COVID-19 scenario.

Financial regulations that turn a blind eye toward tax-havens are indicators of the extent to which the privatization of wealth has generated today’s culture of shortsightedness. Morality is not arbitrary. The well-being of our planet and its 7.5 billion human inhabitants require a readjustment of perspective that justly distributes wealth, recognizing that shared prosperity sustains life.

As civil society organizations, we have the moral obligation, the responsibility and needed insights, and opportunities to join in advocating to change this narrative. This moment calls for a greater vision of the world that ought to be, than the empty promises of our current global social compact.  This is the time to join forces to remove the malignant growth of addiction to individual/private gain/profit and promote communal gains and wellbeing by advocating for financial structures that support collaboration, transparency, and accountability.

We, as civil society, have the ability and insight to change the narrative. Let us start by reviewing our individual and collective roles and the prospects of the FfD process to invigorate our plan of action to bring about the change for which we have been clamoring.

Register here!

__________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, an official Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations, please visit ngosonffd.org. 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 congocsd.wordpress.com. 

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