- Accueil
- Introduction
- DAC peer review
- European Consensus on Development
- Humanitarian - development Nexus
- Luxembourg’s official development assistance in 2017
- Cooperation with the main partner countries
- Regional cooperation
- Cooperation with other countries
- Cooperation with multilateral organisations
- The European Union
- Cooperation with development NGOs
- Humanitarian aid
- Programme support
- Development education and awareness-raising
- Inclusive finance and the private sector
- Evaluation
- The Interministerial Committee for Development Cooperation
- Communication
- Appendices
Inclusive finance and the private sector
Business Partnership Facility Flyer
The private sector
The dynamism of the private sector is playing an increasingly important role in development affairs, as recognised by the 2015 Addis Ababa Action Agenda on Financing for Development, which aims to improve the convergence of incentives for the private sector with public objectives.
The Business Partnership Facility (BPF) is a tool enabling the promotion of the transfer of technology and expertise as well as the creation of employment in developing countries. The Facility targets specifically four sectors: i) ICT, ii), fintech iii) renewable energy and iv) biohealth, and from 2018 will include the field of logistics and the circular economy. Eight sustainable projects by private enterprises are currently co-financed by the MFEA in Senegal, Burkina Faso, Cabo Verde, Myanmar and Nepal.
Luxembourg’s development cooperation also has commitments at the multilateral level. The Enhanced Integrated Framework (EIF) is a multi-donor programme linked directly to the World Trade Organization (WTO) that helps the least-developed countries to play a more active role in the global trade system. The financial commitment for 2016-2022 amounts to 4,5 million euros, bringing Luxembourg’s total contribution to 9 million euros.
