Switzerland to increase aid partnerships with private sector

The Swiss Agency for Development and Cooperation (SDC) plans to double the number of partnerships with the private sector in the next two years, it announced at its annual conference in Bern on Tuesday.  "We currently have 30 partnerships with the private sector. We plan to double this number by 2020 and we are confident of achieving this goal,” SDC Director Manuel Sager declared at the opening of the conference. The aim is to launch projects with companies involved in sustainable development, and to improve cooperation with non-governmental organisations (NGOs) and universities, both in Switzerland and abroad.  + background on Swiss overseas aid The SDC is the largest unit of the Swiss Foreign Affairs Ministry, with a budget of CHF1.5 billion ($1.6 billion) for humanitarian and development work around the world.  In 2016, Switzerland spent 0.39% of its gross national income (GNI) on international cooperation and international aid, compared with 0.41% in 2015. The reduction ...

 
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