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Examples of policy measures on entrepreneurship and the SDGs (Lorenzo Tosini) - YouTube
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The agenda for sustainable development
integrates global goals on environmental
[10]
social and economic development into a
single structure and maps out a series
[15]
of more precise targets to be achieved
by 2030. Bringing the goals together in a
[22]
single overarching agenda is an
acknowledgment that sustainable
[26]
development requires simultaneous
progress on three fronts with economic,
[31]
social and environmental issues tackled
in an integrated manner. Sustainable
[38]
development for example has been at the
heart of Malaysia's development approach
[42]
since the 1970s with an emphasis on
eradicating poverty, improving the
[48]
well-being of people, providing
universal access to education and caring
[53]
for the environment. In 2009 the country
renewed its commitment to sustainable
[59]
development when it launched the new
economic model which features three
[64]
goals: achieving high income; inclusivity
and sustainability. Malaysia is therefore
[71]
not starting anew on its pathway to
sustainable development but it is a
[76]
process already in motion. The country
has made significant progress on all
[81]
dimensions of the SDGs
and is put in place concrete measures to
[86]
take them forward. To promote stakeholder
participation, Malaysia established the
[92]
multi-stakeholder participate or
governance structure to support SDG
[97]
implementation. It held national SDG
symposiums and a mapping exercise with
[104]
civil society and the private sector to
align the SDGs with the national
[109]
development plan. The voluntary national
review reports are a testimony to
[115]
Malaysia's continued commitment to
achieve the 2030 agenda and illustrate
[121]
the country's progress toward SDGs
implementation. In their efforts to
[126]
implement the SDGs, countries can adopt
national entrepreneurship policies to
[132]
create and enabling entrepreneurial environment
that encourages entrepreneurs to engage
[137]
in the creation of new businesses that
will contribute to job creation and
[141]
economic growth while fostering social
inclusion and addressing environmental
[146]
challenges. Entrepreneurship policies may
also focus on critical aspects such as:
[153]
alleviating poverty while engendering
inclusive growth; addressing global youth
[158]
unemployment; promoting gender equality
and enhancing women's economic
[163]
empowerment; supporting environmental
sustainability using efficient products
[168]
processes and practices. An example of
our countries can integrate the
[174]
achievement of targets set out in the
2030 agenda for sustainable development
[179]
international entrepreneurship policies
is offered by Ethiopia's growth and
[184]
transformational plan 2016-2020. The plan
identifies entrepreneurship and the
[192]
micro small and medium-sized enterprises
sector as a critical element in
[196]
increasing women's income through job
creation and addresses economic
[201]
empowerment of women and youth. At the
same time the national action plan for
[207]
gender aims to eliminate gender and
cultural biases that hinder women from
[213]
engaging in economic activities. Legal
frameworks can hinder and in some cases
[219]
exclude groups of people from engaging
in business activities. Laws and
[224]
regulations that discriminate against
women's involvement in business
[228]
activities in some contexts for example,
not only limit women's economic
[233]
opportunities but also contribute to
greater gender inequality and increased
[238]
poverty among women and girls. Chile has
been recognized as having the most
[244]
conducive
business climate for women entrepreneurs
[247]
in Latin America and the Caribbean by
The Economist women's entrepreneurial
[252]
venture scope. The country's low
corporate taxes, highly supportive
[257]
business climate, a simplified tax regime
that facilitates startups, an adequate
[263]
provision of social services for female entrepreneurs makes it an ideal environment for
[268]
women entrepreneurs. That is a very good
example of how a country can promote
[273]
women's economic empowerment and equal
rights. Public procurement represents a
[279]
significant proportion of country's
gross domestic product. With the growing
[284]
realization that public procurement can
contribute to sustainable development by
[290]
promoting social inclusion and
environmental protection, efforts are
[294]
being made at the national and
international levels to use public
[298]
procurement to stimulate demand and
supply of products and services that
[303]
contribute to social and environmental
objectives. South Africa has implemented
[309]
policies aimed at integrating previously
disadvantaged communities into the
[314]
mainstream economy including black, women,
as well as persons with disabilities.
[320]
As part of its broad-based black
economic empowerment strategy and the
[326]
preferential procurement Act, the country
provides preferential at allocation of
[331]
contracts to disadvantaged communities
thus fostering social inclusion. Aspiring
[338]
entrepreneurs from socially
disadvantaged groups face unique
[341]
challenges that hinder them from
effectively engaging in business
[346]
activities. Evidence suggests that
mentoring can increase the likelihood of
[352]
aspiring entrepreneurs to engage in
business activities and to enter into
[357]
self-employment. Across regions, networks
have been established to support
[362]
entrepreneurs from disadvantaged groups.
In Brazil, for instance, the youth led
[369]
organization Engajamundo, fosters
interactions between Brazilian youth and
[375]
international conferences related to the
environment, social development and
[379]
gender. It promotes the engagement of
young people in negotiations and
[384]
solutions for sustainability.
Entrepreneurship can transform
[389]
industries and markets and contribute to
the development of the green and blue
[394]
economy. The concept of blue economy
recognizes the need to maximize the
[399]
enormous potential of the world's oceans
and the need to preserve this important
[405]
natural resource. Blue economy can also
be a driver of sustainable growth and
[411]
development for small island developing
States and policy makers can design
[416]
effective support measures to promote
entrepreneurship and enhance the
[421]
sustainable use of oceans and their
resources.
[425]
The government of Seychelles, for example,
launched the Seychelles Blue Economic
[429]
concept in 2014. It focuses on the
sustainable development of ocean-based
[436]
economic enterprises and encourages the
formation of new blue economy
[440]
enterprises promoting blue economy
careers among the youth. The Seychelles
[446]
Blue Economy Incubator program is a
startup incubator that encourages young
[452]
ambitious entrepreneurs to develop
innovative business ventures that will
[457]
become leading ventures in the blue
economy. Entrepreneurship can contribute
[462]
to sustainable development and the
achievement of SDGs and has the potential
[467]
to address development challenges. In
particular poverty and exclusion as well
[473]
as environmental concerns. Policymakers
can create an enabling entrepreneurial
[479]
environment by developing
entrepreneurship policies that integrate
[483]
and align sustainable development goals
into an overarching national
[487]
entrepreneurship strategy. The examples
we have just seen are initiatives that
[492]
have shown positive results and can help
entrepreneurship for sustainable
[496]
development to emerge.
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