Global Council for Investment Promotion and Development (GCIPD)
The primary objectives of Global Council for Investment Promotion and Development (GCIPD) are to:
Foster Global Networking and Collaboration: Connect investment promotion agencies (IPAs) worldwide to encourage collaboration, exchange best practices, and share experiences in investment promotion. Create a dynamic forum for IPAs to discuss challenges, successes, and opportunities for mutual growth.
Enhance Capacity Building and Professional Development: Offer specialized training programs, workshops, and seminars to strengthen the skills and knowledge of IPA professionals. Facilitate peer-to-peer learning opportunities, including study visits and knowledge exchanges, to build expertise and global perspectives.
Leverage Data and Research for Informed Decision-Making: Collect and disseminate valuable data and insights on foreign direct investment (FDI) trends, investment policies, and global best practices. Provide IPAs with access to research, case studies, and actionable information to optimize their strategies and initiatives.
Promote Sustainable and Inclusive Investments: Align investment initiatives with global sustainability goals, such as the SDGs, to ensure responsible and equitable economic development. Advocate for ethical and responsible investment practices, prioritizing environmental, social, and governance (ESG) principles.
Advocate for Investment-Friendly Policies: Represent the interests of IPAs at international forums and engage with governments and organizations to shape investment policies that foster economic growth. Work towards creating streamlined regulatory frameworks and reducing barriers to FDI for a more favorable investment environment.
Support Regional and Global Market Expansion: Facilitate access to regional and global markets by connecting investors with new opportunities and partnerships. Organize international investment promotion events to showcase member countries as attractive investment destinations.
Drive Investment Promotion and Attraction: Organize high-impact events, campaigns, and initiatives to attract foreign investors and highlight untapped investment opportunities. Help member countries position themselves as competitive, innovative, and sustainable investment hubs.
Encourage Public-Private Partnerships (PPPs): Foster collaboration between governments, private enterprises, and investors to enable the development of impactful, sustainable projects.
Empower Members Through Thought Leadership and Advocacy: Advocate for IPAs globally, ensuring their voices are heard in shaping policies and practices that drive FDI and economic development. Provide a platform for thought leadership, showcasing innovative ideas and strategies to accelerate growth in the investment landscape.
Promote Innovation and Technology-Driven Investments: Focus on driving investments in emerging technologies, R&D, and innovation to enhance global competitiveness and economic transformation.
Facilitate Knowledge Sharing for Best Practices: Provide resources and platforms for sharing success stories, innovative models, and lessons learned in investment promotion.
Strengthen Investor Confidence: Build trust among global investors by promoting transparency, governance, and secure frameworks for investments.
By integrating networking, capacity building, data-driven insights, and advocacy, the Global Council for Investment Promotion and Development (GCIPD) empowers IPAs and stakeholders to navigate challenges, seize opportunities, and shape a resilient and inclusive global investment ecosystem.
It was clear that action at the national level would be required to accomplish the aspirations and pledges. Through effective constituencies, the alliance is dedicated to increase collective advocacy efforts, sharpen the effectiveness of commitments, and ensure that they are linked with countries’ interests and plans.
- Governments
- Civil Society Organizations
- External Support Agencies
- Private Sector
- Research & Learning Institutions
We’ve brought different stakeholders together to form an inclusive partnership framework that produces real, collective action at the international level, as well as, increasingly, at the national level.
We acknowledge that a broader range of players, including the commercial sector, research and learning institutions, and civil society organisations, can make substantial contributions to achieve the alliance's objectives.
We’ve significantly enhanced alliance’ interaction with one another, laying the groundwork for development toward a shared vision.
We’re tightening up accountability procedures, and commitments made by governments and donors are starting to find their way into national policies, procedures, and structures.
We’ve moved the conversation away from the global and closer to regions and countries.
We’ve created opportunities for governments and partners to share best practices, resulting in stronger national policies and more inclusive partnership structures and processes.
Stakeholders and people hold each other accountable
- Across the SDG agenda, high-level conversation mobilises political will for water, sanitation, and hygiene.
- Multi-stakeholder platforms led by the government drive collaborative action toward meeting commitments.
- To attract and effectively employ additional capital, investment cases and transparent processes are needed.
- High-level discourse brings leaders together and connects them to other SDG priorities.
- Country governance and service delivery systems are supported by a learning network of multi-stakeholder platforms.
- Better decision-making and analysis are aided by existing and fresh evidence.
The Alliance strategy relies on people who are ready to think, lead, and act outside of their own organisational and sectoral silos, and who have the attitude and convening power to bring all stakeholders together. Individual champions and focal points displaying this bold manner of working should be cultivated and publicly honoured; this is a new strategy that demands active cultivation and continual support from alliance members.
The alliance’s driving element is national engagement; global and regional frameworks support this national participation. The cooperation should evolve and continue to attract additional partners. Such expansion will be an indication of strong collaboration, but it is not a strategic goal in and of itself. A variety of elements, including government leadership, in-country presence of alliance partners, degree of participation of focal points and champions, and Secretariat capacity, will continue to influence the partnership’s ability to engage in each nation.
Global Leaders Group HIGH-LEVEL ADVOCACY (High-Level Chair)
Secretariat SUPPORT (Chief Executive Officer)
Steering Committee STRATEGIC LEADERSHIP (Chair of the Steering Committee and Members)
Work Groups ACTION
Partners ACTION (Governments, Civil Society Organizations, External Support Agencies, Private Sector, Research & Learning Institutions )
Delivery structures
The Steering Committee is alliance's highest decision-making body, with representatives from all constituencies. The global leadership group is a high-level group of alliance leaders who fight for and mobilise greater political commitment to the alliance's Guiding Principles and goals. A High-Level Chair leads the Council. The Secretariat assists the Steering Committee in putting the alliance Strategy, roadmaps, and workplans into action. Each alliance constituency should have one focal point in each partner country, whose job it is to increase country-level involvement and coordinate the particular constituency at the national level.
Balance of roles
Political, technical, logistical, advocacy, and strategic functions are all needed to carry out the partnership's agenda. Wherever possible, these functions are laid out in the alliance partnership Results Framework and associated workplans. The goal of the alliance Secretariat is to assist alliance partners in implementing the strategy. All alliance partners share responsibility for the strategy's implementation. The alliance Secretariat and its high-level Chief Executive Officer are well-resourced to ensure that all partners, partnership activities, and governance structures are well-coordinated and supported.
Multi-stakeholder workplans
In accordance with the alliance partnership Results Framework, each entity in the alliance structure shall design its own workplan. The alliance Secretariat will be instrumental in assisting constituencies, regions, and cross-contituency Work Groups in developing these workplans. As outlined in the Results Framework, a similar set of indicators will be used throughout. The Global Leadership Council, the alliance Steering Committee, the secretariat, partners, and constituency groups will all benefit from independent annual partnership health-checks of partnering efficacy.
Learning, review and course correction
High-level management of this approach is provided by the alliance partnership Steering Committee and its two sub-committees, which include annual performance reviews and revisions to the alliance partnership Results Framework. This learning and review process necessitates a robust knowledge management function that draws on evidence of what works and doesn't work in practise, including both quantitative data and contextual narrative, as well as self-reported and third-party inputs. To improve accountability and maintain a focus on course corrections while also finding, discussing, and celebrating successful practises, the process must stay open and transparent.
The Guiding Principles
MULTISTAKEHOLDERS EFFORTS
Multistakeholders efforts are collaborations between businesses, civil society and other stakeholders that seek to address issues of mutual concern, including human rights and sustainability. All hands must be on deck to achieve the 2030 Agenda for Sustainable Development and the Sustainable Development Goals. It necessitates the collaboration of various sectors and players by pooling financial resources, information, and skills. Cross-sectoral and innovative multi-stakeholder partnerships will play a critical role in getting us to where we need to be by 2030 in our new development era, with 17 intertwined Sustainable Development Goals and 169 associated targets serving as a blueprint for achieving the sustainable Future We Want. Governments, intergovernmental organisations, major groups, and other stakeholders voluntarily undertake multi-stakeholder initiatives for sustainable development, with the goal of contributing to the implementation of intergovernmentally agreed development goals and commitments, as well as the 2030 Agenda for Sustainable Development.
SUSTAINABILITY OF SERVICE AND ACTIONS
It is the practice of reducing your demand for natural resources by making sure that you replace what you use to the best of your ability. It is made up of three pillars: the economy, society, and the environment. We work with businesses to integrate sustainability into every aspect of their operations so they may develop new sources of value and live according to their ideals. Organizations must now demonstrate that they are purposeful about sustainability, hold strong ethical standards, and operate responsibly in everything they do as stakeholders demand more environmental, social, and governance (ESG) efforts, regulations tighten, and consumers increasingly expect brands to take action. Companies and brands are increasingly looking to their partners—as well as technology and innovation—to help them incorporate sustainability and make substantial changes that benefit business, society, and the environment. Now is the time for collaboration—for business to join forces with government and society to reinvent, rebuild, and reshape our global economy so that everyone benefits.
LEAVING NO-ONE BEHIND
The primary, transformative promise of the 2030 Agenda for Sustainable Development and its Sustainable Development Goals is to leave no one behind (LNOB) (SDGs). It expresses all UN Member States' resolve to end poverty in all of its forms, eliminate discrimination and exclusion, and reduce inequities and vulnerabilities that leave people behind and weaken individual and collective potential. The pledge to leave no one behind is a commitment to act explicitly to ensure that those who have been left behind can catch up to those who have experienced greater progress. Extremely impoverished and marginalised groups are sometimes invisible, and as a result, development programmes are frequently disregarded. As a result, individuals who might most benefit from economic improvements brought about by development programmes are left out. But who are these people who are currently being left out of development programmes? And how can we be sure that our own initiatives reach the people who need them the most? These are some of the topics we debate in the Leave No One Behind Platform, along with others.
TRANSPARENCY AND ACCOUNTABILITY
Transparency ensures that information is available that can be used to measure the authorities' performance and to guard against any possible misuse of powers. In that sense, transparency serves to achieve accountability, which means that authorities can be held responsible for their actions.
EVIDENCE-BASED DESICION-MAKING
Evidence-based decision making is a process for making the best decisions possible using the evidence available. It avoids decision making that is based on gut feeling, intuition, or instinct and instead relies on data and facts.
INTERNATIONAL COLLABORATION AND AID EFFECTIVENESS
Ownership: Developing countries are in charge of their own progress. Alignment: Development assistance must be in line with the policies, structures, and procedures of the recipient countries. Harmonization: Development partners of donor nations must coordinate their efforts. Managing for results: Management must be focused on achieving objectives. Mutual accountability: All parties must be held accountable to each other.
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Shelli Brunswick
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Santosh G
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Dr. Srimathy Kesan
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Basuti Bolo
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Dhanush D B
Mission Director (India)
Meshack Kinyua Ndiritu
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Aaliya Viquas
Associate Researcher
Dr. Srimathy Kesan
Mission Director (India)
Basuti Bolo
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Dhanush D B
Mission Director (India)
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