Outcome Document – UfM Training activity on Investment facilitation, decent work and sustainable development

The training on Investment Facilitation and Sustainable Development was organized by the Union for the Mediterranean (UfM) with the support of the German Development Cooperation) and implemented by the International Training Center of the International Labour Organization (ILO) in Turin from 11 to 14 June 2024.

A number of relevant International Organizations including UNIDO, WAIPA, and UNCTAD were involved to provide a comprehensive overview of the critical intersections between fostering investments and achieving sustainable development goals (SDGs).

The activity, mainly designed for professionals from Investment Promotion Agencies and related public institutions in selected countries, also benefited to participants from various sectors, including government entities, business support organizations, and NGOs. They engaged in an in-depth exploration of best practices, tools, and strategies for promoting sustainable investments. This report summarizes the key takeaways from the training while outlining the path forward.

The seminar covered key topics including policy developments relevant to IPAs and sustainable development, such as the 2030 Agenda, WTO Investment Facilitation for Development Agreement, and responsible business conduct. It also addressed thematic FDI issues like green and digital FDI, FDI in renewable energy, and employment generation. Additionally, the seminar focused on strengthening IPAs through KPIs for decent work, technology, digitalization, and regional networking.

September 2024