Private Sector Key to Eradicate Poverty, Meet MDGs

Panelists that tackled progress toward the Millennium Development Goals Jan. 29 in Davos credited the private sector for its role in delivering AIDS treatment to Africa, innovating goods and services for the poor, and setting a model for donor-independent livelihood, Vikram Akula writes for Idaventry.

Jeff Sachs, special advisor to the United Nations secretary-general on MDGs, even urged the private sector to seek business opportunities within the goals.

“If you have a product adding value to the world, you have a product that can add to the fight against poverty as well,” he said.  

The Global Fund to Fight AIDS, Tuberculosis and Malaria likewise earned praise for tying together government, civil society, private sector and community efforts in its international crusade against the three deadly diseases.

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    Kristine Ballad

    As Devex staff writer, Kristine focuses on breaking news from around the globe, and on Philippine development in particular. She served more than half of her working years in Philippine government, working as public information officer and as writer at the House of Representatives.