G20 Leaders Launch Global Partnership and Website to Help Advance Inclusive Business

The G20 officially launched the Global Platform on Inclusive Business (GPIB) in Nanjing, China on April 6, 2016. The Platform is a global partnership that will provide support to policymakers and accelerate the adoption of inclusive business policies and programs globally.

The GPIB is being implemented under the Chinese 2016 G20 Presidency. The creation of the Platform was called for in the Leaders Call on Inclusive Business issued at the G20 Leaders Summit in November 2015 in Ankara, Turkey. The GPIB will connect policymakers and businesses to better understand the role that governments can play in supporting inclusive companies more effectively.

Inclusive businesses provide low-income men and women with goods, services, and improved livelihoods by including them in their core business model. Inclusive businesses – by working directly with low-income people – have the potential to be a driving force for inclusion and sustainability. These are companies that extend last-mile water, power, and mobile phone service to customers in rural areas. They train and create markets for small farmers. They treat low-income patients and teach low-income students.

As a part of the GPIB, www.g20inclusivebusiness.org was created for policymakers to access research on inclusive business policies and soon-to-be launched online courses. This is the first platform designed specifically to support policymakers on this topic and is being implemented jointly by the World Bank Group and United Nations Development Programme (UNDP). By identifying, analyzing, and addressing policy issues specific to inclusive business, the platform has the potential to unlock widespread opportunities for businesses to grow, replicate, and expand.

Press-release at the World Bank web-site

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