The aim of this meeting was to spend half a day reviewing and gaining perspectives on a series of papers developed by ICTSD which is focused on the role of sustainability standards in driving inclusive economic transformation. Ultimately, the substantive inputs, policy recommendations and expertise that emerged from the discussions contributed to, consolidate the analyses currently underway in order to, on the one hand, advance international technical discussions on how developing countries, in particular least-developed and low-income countries, can achieve sustainable and inclusive economic transformation by harnessing the potential arising from evolving production structures and, on the other hand, foster the dialogue on private sustainability standards in the context global value chains.
In order to strengthen the analysis of the development impact of value chains, ICTSD has developed, with the support of the German Development Cooperation, a compendium of three papers analyzing how regulation and standards can support social and environmental dynamics in value chains – noting that private sustainability standards can carry a great potential to contribute to all dimensions of sustainable development and thus to the implementation of Sustainable Development Goals. Further insights will be presented upfront and related to the key dynamics driving GVCs with an overview of the various processes involved in enhancing the sustainable development outcomes of value chain participation.
This event was by invitation only.