UN OFFICIALS HIGHLIGHT KEY ROLE OF ENTREPRENEURS IN ADDRESSING DEVELOPMENT ISSUES

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From: UNNews <UNNews@un.org>
Date: 26 Jun 2013 13:00:00 -0400
Subject: UN OFFICIALS HIGHLIGHT KEY ROLE OF ENTREPRENEURS IN
ADDRESSING DEVELOPMENT ISSUES
To: news11@ny-mail-p-lb-028.ptc.un.org

UN OFFICIALS HIGHLIGHT KEY ROLE OF ENTREPRENEURS IN ADDRESSING
DEVELOPMENT ISSUESNew York, Jun 26 2013 1:00PMSupporting young
entrepreneurs is essential to tackling the world's most pressing
challenges and launching a new era of global engagement, senior United
Nations officials said today, urging Governments to foster enabling
business environments to help achieve sustainable development.

"[Entrepreneurs] must be encouraged to stand at the frontline of
socio-economic change, in the service of sustainable development," the
President of the General Assembly, Vuk Jeremiæ, said at the Thematic
Debate on Entrepreneurship for Development in New York.

"They are the ones who are often best placed to take the first crucial
steps towards breaking the cycle of poverty in their surroundings."

Mr. Jeremiæ pointed that at the UN Conference on Sustainable
Development (Rio+20) held last year in Brazil, countries recognized
that Governments alone would not be able to achieve all commitments on
sustainable development, and that the contribution of civil society
and the private sector was crucial to innovation.

"I believe Governments should see the promotion of socially-conscious
entrepreneurial spirit as a basic duty," he said, adding that
entrepreneurs must be given the means to leverage new technologies
that will help move away from an economy that depends on carbon-based
energy systems.

Entrepreneurs will also be able to contribute to the post-2015
development agenda, Mr. Jeremiæ said, through public-private
partnerships that focus on improving the lives of the world's most
disadvantaged people.

"I believe the post-2015 agenda will largely stand or fall on whether
Governments will be able to work together with individuals who embody
the spirit of socially-responsible entrepreneurship," he said. "Our
goal must be to establish a new form of global engagement."

In his remarks, Secretary-General Ban Ki-moon emphasized the
importance of supporting young entrepreneurs, many of whom are
currently facing an economic crisis in their countries.

"This year, some 73 million young people will be unemployed. Between
2016 and 2030, an estimated 425 million young women and men will join
the labour force between 2016 and 2030. That means the world will need
about half a billion jobs by then," Mr. Ban told participants.

"To help meet this challenge, we should encourage, educate and empower
young entrepreneurs."

Countries should focus not just on creating better conditions for
entrepreneurship but also invest in education and nurture young
people, Mr. Ban said, adding that they will be the ones creating jobs
and innovative solutions in the future.

"I call on all partners to support youth entrepreneurship,
self-employment and youth-led businesses. The United Nations system
will do its part. Our Global Compact initiative will continue
mobilizing and supporting young entrepreneurs in advancing a more
sustainable future," he said, adding that the World Bank, the
International Labour Organization (ILO) and the UN Capital Development
fund are also working to foster youth entrepreneurship.

Jun 26 2013 1:00PM
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