Foreign Investors Association and United Nations in Moldova will collaborate to achieve the Sustainable Development Goals
30 November 2021
- On 29 November, United Nations (UN) Moldova has signed the Declaration of Interest with the Foreign Investors Association (FIA) concerning the cooperation in meeting the 2030 Agenda for Sustainable Development in the Republic of Moldova.
This important document recognizes the critical importance of partnerships with the private sector to promote the achievement of the Sustainable Development Goals (“SDGs”) and the Agenda 2030 in the Republic of Moldova.
“Private sector involvement in the sustainable development of the country, especially in the recovery and resilience process in the post COVID-19 era, is key to building a better country that Moldovan citizens would like to live in.” mentioned Simon Springett, UN Moldova Resident Coordinator. “The UN in Moldova remains a key partner in supporting Moldova’s Sustainable Development Goals nationalization and implementation process, but neither we, nor the Government can do it alone. By joining development efforts of the UN Country Team and FIA, we could definitely increase our chances to fulfil our joint promise of achieving the Sustainable Development Agenda 2030.”
The SDGs are the United Nations’ blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including poverty, inequality, climate change, environmental degradation, peace and justice.
The Declaration puts the basis of different partnerships between FIA and UN Country Team formed from over twenty resident and non-resident agencies, funds and programs to further explore the possibilities of developing activities or projects that support Moldova’s sustainable development.
“FIA member companies represent the largest foreign investors in the Republic of Moldova, which operate according to the principles of transparency, good faith and alignment with international best practices. The purpose of these companies is not only to make profit, but also to contribute to the sustainable development of the country, on various dimensions, such as promoting decent work, applying the circular economy, using renewable energy sources and others. FIA members already apply the SDGs, at the level of corporate policies, but some have already officially formalized their partnerships, through Memorandums of Cooperation with certain UN agencies. Thus, by signing the Declaration, we assume the collective responsibility to implement the UN policies, meant to contribute to the development of the Republic of Moldova ", stated Dr. Alexander KOSS, FIA’s Board President.
According to the Declaration, UN Moldova - FIA collaboration will focus on a number of areas of common interest that have as an overarching goal the achievement of the SDGs, namely:
- Promotion of reforms and measures with the aim to improve the investment and business climate in the Republic of Moldova;
- Promotion of green and circular economy;
- Generation and use of green energy;
- Management of waste according to sustainable principles;
- Support for social and health projects and initiatives.
Through this partnership the UN Moldova aims to encourage companies from Moldova to do business responsibly by aligning their strategies and operations with human rights, labour, environment and anti-corruption core principles.
About UN Moldova
The Republic of Moldova joined the United Nations (UN) in 1992. Since then, the United Nations system supports the Republic of Moldova in achieving its major development goals and fulfilling its vision to be a prosperous and modern European country. To ensure programmatic coherence among different UN entities, the UN in Moldova has adopted the Delivering as One approach, with a common partnership framework which sets out priorities over a 5-year period, one budgetary framework, complementary resource mobilisation and common business practices.
The Foreign Investors Association (FIA) is a non-profit and non-political association from the Republic of Moldova, founded in September 2003 by eight foreign investors, with the support of the OECD, within the framework of a project that aimed to stimulate the reforms and the improvement of the business environment in the Southeastern European countries. The Association brings together 22 members from 15 countries. The total volume of investments – 1 billion 400 million euros in all the areas of Moldova’s economy: agriculture, automotive, wine-making, petroleum, telecommunications and IT, healthcare and pharmaceuticals, etc.