Business Partnerships and Solutions for SDGs

The United Nations Joint Project “Business Partnerships & Solutions for SDGs”, building on the success of its pilot phase, aims to address these issues through a multifaceted approach. It focuses on enhancing the private sector’s capabilities for a successful transition to sustainable and SDG-aligned practices. Additionally, the project complements technical capacity building with interventions in awareness raising, trade facilitation and policy support to create an enabling environment for companies to thrive. Positive effects of increased implementation of sustainable business practices in Albania include: the creation of decent jobs translating in decreased migration and mitigation of labor shortages, an increased alignment with EU standards in preparation for EU integration, a higher added value in local production and higher quality of goods produced which translates in higher competitiveness and increased exports and business opportunities. Furthermore, the implementation of sustainable business practices contributes to the reduction of environmental damages caused by business activities and to an improved human health due to production processes with fewer residues. The project is jointly implemented by the specialized United Nations Agencies FAO, ILO, UNDP and UNIDO with financial support by SIDA.

Project symbol

ALB/23/03/UND

Admin unit

DWT/CO-Budapest

Start date

15/01/2024

End date

31/12/2027

Total allocation

769141

Total expenditure

Status

Active

395113

Development Partners

Multi Partner Trust Fund Office, UNDP

Country/Countries

Albania

Outcomes

Outcome 4: Sustainable enterprises for inclusive growth and decent work