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From decisions to actions: Investment and enterprise development as catalysts for accomplishing the 2030 Agenda for Sustainable Development – Investment

Action taken by the Trade and Development Board 2017
From decisions to actions: Investment and enterprise development as catalysts for accomplishing the 2030 Agenda for Sustainable Development – Investment
Agreed Conclusions
Closing plenary
24 Nov 2017

The Investment, Enterprise and Development Commission,

       Noting with concern that investment flows have not yet recovered to their pre-crisis levels and have declined significantly in many developing regions, particularly in the most vulnerable ones,

       Also noting the importance of private investment in achieving the Sustainable Development Goals, as well as the role of investment promotion agencies and outward promotion agencies in channelling investment to Sustainable Development
Goals-related sectors,

       Acknowledging the cost-effective support of the United Nations Conference on Trade and Development (UNCTAD) for such efforts, including through its programme on investment promotion and facilitation, based on its Investment Policy Framework for Sustainable Development,

  1. Requests the secretariat to continue its support for capacity-building on strategies, policies, tools and practices to promote investment in the Sustainable Development Goals, including through the UNCTAD global action menu for investment facilitation;
     
  2. Encourages the secretariat to continue supporting the exchange and dissemination of best practices in investment promotion, including through the awards for promoting investment in the Sustainable Development Goals;
     
  3. Expresses its satisfaction for the presentation by the secretariat of the most recent global trends and policies in the area of investment and enterprise for development; and calls on the secretariat to continue reporting on and monitoring these trends and their impact on development;
     
  4. Looks forward to the forthcoming World Investment Report 2018; and requests that the findings of the report continue to be incorporated into the ongoing capacity-building work of UNCTAD and feed into intergovernmental deliberations, as well as policy discussions of other relevant policymaking forums, including the UNCTAD World Investment Forum in 2018;
     
  5. Commends the programme of investment policy reviews, including for the conclusion of its first regional investment policy review; and congratulates the Gambia and the South-Eastern Europe region on their successful reviews;
     
  6. Acknowledges the role of the investment policy reviews and the follow-up implementation as an essential tool to support countries’ progress towards the Sustainable Development Goals, including through the application of the Investment Policy Framework for Sustainable Development; and requests the secretariat to continue presenting the reviews, upon the request of the member States, in an intergovernmental context, to further the exchange of best practices; and encourages partner countries to financially support the programme;
     
  7. Encourages the secretariat to further disseminate the Investment Policy Framework for Sustainable Development, including through technical assistance, capacity-building and consensus-building, and including at the national and regional levels.