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Eni and UNIDO sign joint declaration for public-private cooperation on sustainable development goals

The declaration will see the pair cooperate to set up a model for private and public entities to work together to reach the UN's sustainable development goals

Eni and UNIDO sign joint declaration for public-private cooperation on sustainable development goals
Eni and UNIDO sign joint declaration for public-private cooperation on sustainable development goals

Eni and the United Nations Industrial Development Organisation (UNIDO) signed today a joint declaration setting up a public-private cooperation model aimed at helping reach the UN’s sustainable development goals (SDGs).

The declaration was signed by Eni’s Chief Executive Officer Claudio Descalzi and UNIDO’s Director General LI Yong.

“Partnerships between the private and the public sector are crucial to foster development and improve access to energy around the world,” said Descalzi. “This Joint Declaration underlines our commitment to share know-how, skills and economic resources to become a driving force for the growth of communities and countries where we operate.”

“Establishing multi-stakeholder partnerships is crucial to achieve the Sustainable Development Goals,” said Yong. “UNIDO actively seeks cooperation arrangements with business sector stakeholders, and Eni and the Italian Ministry of Foreign Affairs and Development Cooperation share our ambition to promote the public-private cooperation approach with additional partners.”

The declaration outlines a new, pioneering cooperation model between the private sector and an international organisation through which partners work together and leverage each other’s expertise to enhance the effectiveness of the project.

The Eni-UNIDO cooperation aims to contribute reaching the SDGs targets through a strategic cooperation focused on areas of common interest such as youth employment, agriculture value chains and renewable energy and energy efficiency, particularly in Africa. Moreover, it is expected that the cooperation will yield many more concrete business interactions that will lead to an increasing number of public-private cooperations for Africa’s sustainable industrialisation.

Eni is a major operator in the region with interests in Egypt, the UAE, and Bahrain, among others.

Staff Writer

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