Blog Post

26 Oct
By: root 1

KEPSA TAKES PART IN THE FIRST PARTNERING FOR GREEN GROWTH AND GLOBAL GOALS (P4G) SUMMIT IN COPENHAGEN – DENMARK

KEPSA was part of the first Partnering for Green Growth and Global Goals (P4G) Summit that was held from 19th – 20th October 2018 in Copenhagen- Denmark. P4G was born out of the realization that public sector alone cannot deliver on the sustainable development goals. No one country, company or community has all the answers either. The Sustainable Development Goals (SDGs) are a key guiding element of this transition, and hold US$12 trillion worth of business opportunity (BSDC).  Bold climate action could deliver at least US$26 trillion in economic benefit through 2030 compared with business-as-usual. It could also create over 65 million new jobs in 2030 (NCE). The moment is ripe for businesses and governments around the globe to help drive the shift to a sustainable economy.

P4G therefore, brings together doers from government, civil society to develop, accelerate and scale market driven partnerships that tackle the world’s greatest sustainability challenges. The P4G hub incubates and accelerate the best ideas for sustainable growth in developing nations.  In 2017- 2018, P4G supported 24 innovative partnerships to forge a path towards a greener future in food and agriculture, clean water, renewable energy, healthy cities, and circular economy. P4G provides facilitation, funding and recognition to innovative start-up and scale-up projects.

In his remarks, the Prime Minister of Denmark, Lars, Lokke Rasmussen, said that “the future of the planet is at stake, to reap the full potential and accelerate delivery of sustainable development goals, we need leadership and partnerships’ like never before, from government, businesses, and civil society.  It is time to roll up our sleeves and develop sustainable solutions through public private partnerships. Let’s change the world, step by step by working together”.

Ten countries host the P4G National platforms with the latest entrant being Netherlands. KEPSA is the co-convener the Kenya National P4G platform which is co-chaired by the National Treasury and Planning. The Kenya National P4G platform was launched in July 2018 and aims to catalyze transformation by forging partnerships’ to tackle systemic challenges in Kenya while building on global goals, Kenya’s Vision 2030 and the big 4 agenda.

Sustainability makes good sense, and there exists opportunities for harnessing SDGs business opportunities through partnerships. Through P4G, businesses have an opportunity to drive global prosperity as well as empower SMES to trade in the global market.  While addressing the hundreds of participants from 53 countries at the summit, on the role of Kenya private sector in implementing the global goals, Ms. Carole Kariuki affirmed the commitment of Kenyan businesses both large and small to sustainable business practices. KEPSA is taking lead in the “Partnership for the New Plastics Economy in Kenya,” startup project, under P4G that brings together governments, large, and SMEs in Kenya to find sustainable solutions for the plastic value chain for plastic waste menace in Kenya.

A new collaboration on Special Economic Zones between Kenya and Ethiopia, with special focus on sustainable energy and the reuse of water and waste was formed during the summit.  The collaboration was led by the Principal Secretary in the State Department of Planning, Dr. Julius Muia and Ms.  Carole Kariuki- the Chief Executive Officer of KEPSA who is also the Chair of the Special Economic Zones Authority in Kenya. The long term vision of the SEZ partnership is to attract $8.6 billion in sustainable SEZ investment and unlock 160,000 direct jobs. Other partners in the collaboration include Systemiq, Made in Africa Initiative (DH) and Sustainable Trade Initiative.

The P4G Copenhagen Summit 2018 gathered Heads of States and Government, leaders of international organizations, businesses, academia, and the civil society from around the world to form a powerful coalition on the sustainable development goals through innovative partnerships.  World leaders including, H.E Moon Jae – President of the Republic of Korea, H.E Mulatu Teshome – the President of Ethiopia, H.E Nguyen Xuan – the Prime Minister of Vietnam and Mark Rutte- The Prime Minister of Netherlands, highlighted the significance of pursuing green and sustainable growth a shared responsibility for all and thus requires a multi-stakeholder approach of both government, business, academia and civil society. The leaders led the delegates in signing the Copenhagen Commitment, which acknowledges that SDG 17 is the key that will unlock opportunities’ needed to deliver on concrete sustainable Solutions.

P4G aims at becoming the world’s leading forum for developing concrete public-private partnerships at scale to deliver on the Sustainable Development Goals and the Paris Climate Agreement.

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