Creating more and better jobs through investments/World Investment Forum 2018

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CREATING MORE AND BETTER JOBS THROUGH INVESTMENT

 

Investment contributes most effectively to sustainable development when it maximizes the creation of high quality jobs in which the human rights of workers, the local community and consumers are respected. Investors contribute to economic and social development when they actively seek to expand their backward and forward linkages with local enterprises, support the improvement of working conditions, the inclusion of vulnerable groups and contribute to sustainable enterprise development in a more encompassing way. One of the key objectives of IPAs is to grow employment through investment that also advances sustainable development.  In this session, organized with the International Labour Organization (ILO), Office of the UN High Commissioner for Human Rights (OHCHR) and the World Association of Investment Promotion Agencies (WAIPA) on 26 October 2018 at the final day of the World Investment Forum in Geneva, experienced IPAs  shared their matchmaking strategies to boost linkages with local producers, overcome labor force capacity and skills gaps and promote respect for the human rights of workers, communities and consumers.

« Creating More and Better Jobs through Investment » during the World Investment Forum 2018, Palais des Nations. 26 October 2018. UNCTAD Photo by Violaine Martin

Issues for the debate were:

  • What policies and strategies have helped to foster linkages between investors and local firms?
  • How has your country addressed labour force capacity and skills gaps?
  • How is your country promoting respect for the human rights of workers, communities and consumers among investors?

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