Overview

SDG 17 is about developing mutually respectful partnerships at local, national and international levels. The proceeding SDGs are concerned with what needs doing. Whereas SDG 17 helps us understand how to do it. It suggests to address complex challenges, there must be a bringing together (cooperating and combining) skills and resources from many sectors and disciplines.

Michael Porter observes that businesses should be part of the solution, not a cause of all problems. He also describes the act of creating shared value that addresses a social issue with a business model, i.e. social value + economic value = shared value.

The world's biggest problems need companies to help with misery in the world, and business will play an important role, together with governments, civil society, financial institutions, philanthropists and donors, and the education sector.

Business Opportunities & Benefits

• Global partnerships can open up new markets and opportunities for businesses, expanding their reach and customer base.
• Collaborating with international partners can help organizations mitigate risks associated with geopolitical instability, economic downturns, and supply chain disruptions.
• Partnerships can foster innovation and knowledge sharing, leading to the development of new products, services, and technologies.
• By working together, organisations can achieve economies of scale, reduce costs, and improve efficiency.
• Supporting SDG17 initiatives can contribute to the development of more sustainable and equitable communities around the world.