COVID-19: The Private Sector Global Facility is on!

Forget private sector engagement: here is Private Sector Involvement!


As health practitioners and public service specialists know well, "Private Sector Engagement" is nothing but new despite the excitement about what seems like a refreshing concept. In health in particular the foundational participation of private sector stakeholders to the development of health systems and care services holds an historical value: the first hospices, care providers were private for instance.


This segues in the constant interaction between public health stewards and a myriad of private industries which still make hospitals and health centres operational, through building, technology, equipment or ancillary services to name a few services typically entrusted to the private sector.


So what's new on the Public-Private collaboration front? On 23rd September, the United Nations announced officially a new international step in the co-operation between sector to help communities recover from the COVID-19 pandemic:


The United Nations Development Programme (UNDP), the United Nations Global Compact (UN Global Compact) and the International Chamber of Commerce (ICC) have established the COVID-19 Private Sector Global Facility, a global initiative and collaboration bringing together public and private sector partners to help local communities recover better from the pandemic. 


Deutsche Post DHL Group, Microsoft Corp. and the PwC network (“PwC”) have already joined the COVID-19 Private Sector Global Facility, and the initiative is open for other like-minded private sector organizations that want to contribute.


These key actors committed to the UN Global Compact and the SDGs target. Bringing a wealth of expertise as well as employment opportunities, know-how and involvement in many sectors of  social development, these prominent private sector partners will bolster economic recovery, support the UN efforts to fast track SDGs realisation and strengthen public services.


The Facility now aims at garnering more support from global private partners in order to increase efficiency and ensure that the needs of the most vulnerable are met. You can read more on the UNDP site: Click here.


Interested to know more? Click here to read Consultancy firm PwC's perspective on this facility.



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