On 23 November, 2023 the global civil society platform CSO Partnership for Development Effectiveness and the Reality of Aid Network held the launch of the Private Sector Watch: Global Synthesis Report 2023.
The CPDE Private Sector Watch (PS Watch) is an initiative that aims to monitor private sector engagement in development cooperation. It responds to the need to ensure that private sector entities promote responsible business behavior in development cooperation, promoting accountability, adhering to the development effectiveness principles and upholding the human rights-based approach. In today’s development cooperation landscape, the private sector has been held up as a ‘silver bullet’ with private financing touted as a means to fill in the gaps in development that national governments and multilateral institutions have been unable to address.
Download the report here.#