To achieve systemic change, business will need to collaborate with governments. For example, Governments of Least Developed Countries (LDCs), at the 2011 UNFCCC Durban Conference, adopted the Private Sector Initiative (PSI) of the Cancun Adaptation Framework which seeks to catalyse involvement of the private sector in the National Adaptation Plans for Action.
Driving effective and systemic multi-sector collaboration
Nearly two decades ago, the UN’s Rio Declaration had the goal of “establishing a new and equitable global partnership through the creation of new levels of cooperation among States, key sectors of societies and people”. And then a decade ago, the major outcome of the Johannesburg follow-up Summit (Rio+10) was around the launching of 350 ‘partnerships for sustainable development’.