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    The private sector has a seat at the table, now it's time to step up

    This past week in New York has clearly demonstrated that the era of greater private sector participation in development has arrived. But when you ask for a seat at the table, it also means you have to step up. Here's a look at where things stand as this momentous week for global development draws to a close.

    By Adva Saldinger // 30 September 2015

    The momentum has been building for years, and this past week in New York has demonstrated that the era of greater private sector participation in development has arrived.

    From a series of business-related events and summits to the United Nations, the sense from our own Devex Impact conversations with executives as well our coverage of the proceedings is that companies have featured much more prominently in what is undeniably one of development’s biggest weeks of an important year.

    Perhaps one example was the U. N. Private Sector Forum, where an impressive lineup included the likes of U.N. Secretary-General Ban Ki-moon, German Chancellor Angela Merkel, Facebook CEO Mark Zuckerberg and musician and ONE Campaign activist Bono. It was certainly a case of the A-listers showing up to the business meeting.

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    About the author

    • Adva Saldinger

      Adva Saldinger@AdvaSal

      Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.

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