Corporations want to be more engaged in global development work, but they are looking to donor agencies for leadership, according to British Secretary for International Development Justine Greening.
“They want to be part of the framework but I think they recognize it’s one that probably needs to be set by both developing country governments but also governments like the UK who are involved in dev too,” Greening said at an event organized last month by Devex Impact at the U.K. Department for International Development’s headquarters in London.
Corporations also want from donors clearer definitions about what responsible investment is, and policies that help create more business-friendly environments, she added.
Greening also had a specific request from CEOs: engage more, look for ways to create a more sustainable business models and explore how to work together more smartly.
This is the first of a three-part series of videos from Devex Impact’s conversation with Greening.
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