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GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH) is engaged in a new bilateral project on "Responsible Enterprise Finance" – an initiative that aims to strengthen the role of the financial sector as a catalyst for responsible business behaviour by integrating sustainability concerns in financial decision making. GIZ is partnering with The Small Industries Development Bank of India (SIDBI) for a larger umbrella programme under which this initiative is being developed. This new initiative aims to create awareness for the business case of non-financial risk management and ESG (environmental, social and governance factors) integration, increase market transparency, as well as pilot, up-scale and disseminate innovative products and services and bring the lessons to the policy level. As part of this initiative, Inesa is working as the project advisor for an "Issue paper" – a quarterly journal series on Perspectives on Responsible Finance.
The objective is to enhance awareness and deepen the understanding in the banking sector on sustainable financing. Inesa is developing, managing and editing the Issue Paper.
We facilitated India stakeholder consultations workshop in November 2013 for UN Global Compact’s Sustainable Agriculture Business Principles (SABPs) which are in the drafting phase at UNGC headquarters and which would be finalised after incorporation of multi-country consultations’ feedback is completed by 2014. We presented the draft SABPs at the workshop, introducing the issues and approach to structure the discussions. We prepared the India consultation report for global deliberations based on feedback and analysis.
The role of the private sector in development was fully acknowledged by the international development community at the 4th High Level Forum on Aid Effectiveness in Busan, Korea, 2011. Since then, international processes such as Rio+20, the UN’s sustainable development goals (SDGs) and the High Level Panel’s report on the post-2015 development agenda all put partnerships at the heart of delivering the new agenda. TPI, a UK-based non-profit is working for driving widespread, systematic and effective collaboration between civil society, government and companies towards a sustainable future. On behalf of DFID and the Global Partnership for Effective Development Co-operation (GPEDC), TPI undertook multi-country stakeholder consultations to inform the development of a country-level Roadmap for the systematic scaling up of business as a partner in development. This was in preparation for the 2014 Mexico High Level Meeting of the GPEDC. The roadmap is intended to provide a brief overview of business as a partner in development, highlight current support structures for business partnerships, and present a framework for the role of each of the societal sectors in systematically scaling the engagement of business. Inesa undertook stakeholder consultations in India for TPI.
BNHS, one of the oldest environmental research NGOs in India, has been engaged in vulture conservation for more than a decade in association with UK-based Royal Society for the Protection of Birds (RSPB). As a part of the second phase of these efforts in India, they have also formed a multi-stakeholder forum, the "Saving Asia’s Vultures from Extinction" (SAVE) Consortium. The initiative involves breeding of the critically endangered species in captivity, development of vulture-safe zones and ultimately, release of captive-bred vultures into the wild. Vultures provide a critical ecosystem service by disposing of millions of tonnes of waste carrion from dead cattle each year, which is otherwise potentially a source of many contagious diseases. One of the key reasons for the endangerment of the species is the veterinary use of painkillers, especially diclofenac. The government of India had banned veterinary use of diclofenac in 2006 because of its lethal effects on vultures that feed on the carcasses of cattle treated with the drug. However, the effectiveness of this ban is still unknown. Inesa is working closely with BNHS and RSPB towards the objectives of financial sustainability of the programme and developing strategic funding partnerships.