{"id":13290,"date":"2017-12-14T12:30:37","date_gmt":"2017-12-14T11:30:37","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/la-contribucion-del-sector-privado-mundo-mas-justo-paz\/"},"modified":"2018-01-12T13:56:54","modified_gmt":"2018-01-12T12:56:54","slug":"la-contribucion-del-sector-privado-mundo-mas-justo-paz","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/la-contribucion-del-sector-privado-mundo-mas-justo-paz\/","title":{"rendered":"The BBVA Microfinance Foundation together with the United Nations, promotes more just and inclusive societies"},"content":{"rendered":"

According the United Nations Development Program (UNDP)<\/a>, almost 1.5 billion people live in vulnerable environments<\/strong>, stricken with conflicts. Furthermore, it predicts a worsening situation where that number would increase to 82% in 2030. However, by that time, societies would already have proven their degree of compliance with the 17 Sustainable Development Goals<\/strong> that seek to transform today\u2019s society and make this world a better place to live in.<\/p>\n

The report entitled \u201cBusiness and the SDG 16: Contributing to more peaceful, just and inclusive societies\u201d<\/strong>, was launched today in Madrid. It was developed by the SDG Fund and the Pennsylvania University and examines the relationship between peace and sustainable development. Member institutions of the SDG Fund Private Sector Advisory Group<\/a> like the BBVA Microfinance Foundation have shared their experience to help find solutions and identify future challenges in meeting SDG 16, which advocates for a more just and peaceful world.<\/a><\/p>\n

The BBVAMF, in its mission to promote sustainable development of vulnerable people, directly impacts this SDG<\/a>. The report states that the Foundation supports the peace process in Colombia, where it works with the displaced population, giving them access to financial services so they could have the opportunity for a new start. \u201cWe are already present in the majority of Colombia\u2019s prioritized municipalities for peace-building\u201d<\/strong>, confirms head of Institutional Relations in the BBVAMF, Tula Ducasse, during her intervention at the report\u2019s launch.<\/p>\n

For 2018, the Foundation is working on a project in Colombia, endorsed by the government institutions and development agencies.<\/strong> \u201cWe will serve thousands of vulnerable entrepreneurs, mostly from rural areas, who have been conflict victims through financial products and services, as well as training. All of this, with special consideration to women\u201d, shared Tula Ducasse.<\/p>\n

We will serve thousands of vulnerable entrepreneurs, mostly from rural areas, who have been conflict victims through financial products and services, as well as training<\/p><\/blockquote>\n

During the report launch, Ana Mar\u00eda Salazar, gender adviser for the SDG Fund acknowledged the BBVAMF\u2019s efforts, \u201cWhen I got to know the work done by the Foundation in Panama, I was amazed. Their endeavor is well-thought of, to the point that the names of the local programs are adapted so that people could relate to them. The entrepreneurs\u2019 repayment capacity is also impressive.\u201d<\/p>\n

The publication also mentioned the agreements between Bancam\u00eda and the World Bank and USAID (United States Agency for International Development), as well as the BBVAMF\u2019s participation in the Macroround for Reconciliation, which seeks to integrate various stakeholders to formalize peace in Colombia. According to the SDG Fund, the public-private alliances referred to in Goal 17 are one of the essential tools to achieve peace.
\n<\/span><\/p>\n

Moreover, the report highlights the Foundation\u2019s contribution to the regulation of the microfinance sector<\/strong>, indispensable to strengthen institutions and one of the pillars of the SDG 16.<\/p>\n

\"\"

Bancam\u00eda supports the peace process in Colombia through financial inclusion<\/p><\/div>\n

Peace, an imperative to close economic and gender gaps<\/h3>\n

The SDG Fund\u2019s report, recently presented at the UN Headquarters in New York, also recognizes\u00a0\u201cthe need to innovate so that peace could contribute to meet other fundamental goals like Gender equality (SDG 5) or Economic growth (SDG 8).\u201d\u00a0<\/strong>According to the UNDP<\/a>, \u201cmaintaining peace and sustainable development are two sides of the same coin\u201d. Because of this, institutions like the BBVA Microfinance Foundation integrates the 2030 Agenda for Sustainable Development in its DNA, an unavoidable path to change the world leaving no one behind.<\/p>\n

About the SDG Fund Private Sector Advisory Group<\/h3>\n

The BBVA Microfinance Foundation, along with other Spanish organizations like Ferrovial, Ebro Foods and SERES Foundation, and eight others from around the globe, lead the private sector\u2019s commitment to the 2030 Agenda and its 17 Sustainable Development Goals, whose ultimate aim is to eradicate poverty and all forms of inequality.<\/p>\n

The twelve organizations constitute the SDG Fund Private Sector Advisory Group, created by the United Nations in 2014 through an initial contribution by the Spanish government. This Fund has projects in more than 20 countries, co-financed by other public and private partners. It promotes alliances between both sectors to include corporate experience for the first time, decisive in meeting the 2030 Agenda, together with governments, international organisations and civil society.<\/p>\n

\"\"<\/span>
Business and SDG 16:<\/div>
Contributing to peaceful, just and inclusive societies<\/strong><\/div>
Access the report here<\/a><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

The SDG Fund\u2019s latest report, \u201cBusiness and the SDG 16: Contributing to peaceful, just and inclusive societies\u201d examines the relationship between peace and sustainable development<\/p>\n","protected":false},"author":13,"featured_media":14129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1937,651,1370,1437,1038,1434],"tags":[1932,1915,1938,1586,1988,1731,1746,2087,149,1677,1983,1989,1966,1991,767],"class_list":["post-13290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-desarrollo-del-sector-en-2","category-institutional-activity","category-actividad-institucional-en","category-news","category-sector-development-2","category-alianzas-estrategicas-en","tag-2030-agenda-for-sustainable-development","tag-agenda-2030-para-el-desarrollo-sostenible","tag-agenda-2030-para-el-desarrollo-sostenible-en","tag-america-latina","tag-america-latina-en","tag-fondo-ods","tag-fondo-ods-en","tag-latin-america","tag-naciones-unidas","tag-naciones-unidas-en","tag-pnud","tag-pnud-en","tag-sdg-fund","tag-undp","tag-united-nations","paises-colombia"],"acf":[],"yoast_head":"\nThe BBVA Microfinance Foundation together with the United Nations, promotes more just and inclusive societies - 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