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Several development institutions partner with ADB to support inclusive business and base of the pyramid approaches. These include, among others:
ADB and IDB Partnership
The Asian Development Bank (ADB) and the Inter-American Development Bank (IDB) have engaged in a partnership to promote inclusive Businesses that targets the low income and poor households (base of the pyramid) in Asia and Latin America and the Caribbean (LAC). The ADB-IDB partnership is part of a broader cooperation project between both development banks to promote South-South Cooperation between Asia and Latin America. The ADB-IDB Partnership on inclusive business is based on the shared belief that poverty challenges faced by the base of the pyramid in Asia and Latin America and the Caribbean can be tackled through market-based solutions such as inclusive businesses.
The cooperation is jointly financed by ADB and IDB and has three main components:
- Systematic knowledge-sharing between ADB and IDB's Opportunities for the Majority program;
- Corporate leadership training in Tokyo and Seoul; and
- Regional knowledge events.
SNV/Netherlands Development Organization
SNV, headquartered in The Hague, the Netherlands, is a core ADB partner. It is an international development organization committed to eliminating poverty and inequity in emerging markets worldwide. For more than two decades, SNV has been promoting inclusive business, value chain development efforts, and improving access to markets for the poor for more than two decades in Africa Asia, Latin America, and the Balkans. In Latin America, SNV has been promoting inclusive businesses through various initiatives including several projects with the Inter-American Development Bank (IDB), with whom SNV has a Memorandum of Understanding, and the Andean Development Corporation (CAF). It is currently expanding the model adopted in this part of the world to Asia and Africa. SNV will be responsible for implementing inclusive business scoping studies and enterprise development in Bangladesh, Indonesia, Pakistan, and Viet Nam.
World Business Council for Sustainable Development (WBCSD)
WBCSD is a global association of some 200 companies led by their Chief Executive Officers and dealing exclusively with business and sustainable development. The Council provides a platform for companies to explore sustainable development, share knowledge, experiences and best practices, and to advocate business positions on these issues in a variety of fora, working with governments, non-governmental and intergovernmental organizations. Members are drawn from more than 35 countries and 22 major industrial sectors. The Council also benefits from a global network of some 60 national and regional business councils and regional partners.
German Development Bank (KfW)
KfW also intends to set up an inclusive fund and a technical assistance facility. ADB and KfW will coordinate their knowledge work and investments.
ADB also intends to engage into partnerships with development institutions that promote inclusive business models, such as, among others:
ADB was also at the panel of its Inclusive Business Challenge for the G20, an international competition that seeks to recognize businesses with innovative, scalable or replicable, and commercially viable ways of working with low-income people in developing countries.
Through this initiative, ADB cooperates with inclusive business support programs financed by AFD, DEZA, FMO, JICA/JBIC, KfW, SECO, LGT Venture, and others.
- Systematic knowledge-sharing between ADB and IDB's Opportunities for the Majority (OMJ) program;
- Corporate leadership training in Tokyo and Seoul; and,
Regional knowledge events:
- DFID's Business Innovation Facility (BIF), and the M4P (Making Markets Work for the Poor) initiative in Viet Nam;
- Ford Foundation;
- Japan Inclusive Business Support Center (JIBSC);
- SIDA's Business for Development Program (B4D);
- UNDP's Business Call to Action (BCtA); and the
- World Bank-IFC (International Finance Cooperation of the World Bank).