UNIDOs collaboration with Austrian companies

Posted on Updated on

For the implementation of the 17 Sustainable Development Goals (SDGs) and 169 subordinated goals, the United Nations needs about USD 2.5 trillion[i] for the next years till 2030. Although the EU has promised to raise 0.7% of Gross National Income (GDI) for development cooperation, the private sector must be stronger involved covering the drastic financial gap. To achieve this, the concerned institutions (governments, development cooperation, UNIDO, etc.) must offer corporations and NGO’s a suitable framework to motivate them to provide financial and gratuitous investments. Less motivating is currently the low-level cooperation of the UNIDO with Austrian companies. Their manager was stunned to hear from Barbara Kreissler, UNIDO Business Partnership Group at the Energy Forum in Vienna 2015 that she prefers to collaborate with multinational corporations only because Austrian SME’s are too short term minded and they assume wrongly that UNIDO is a funding organization. To dispel this misunderstanding “Smart Engagements Meetings” shall be organized to ascertain the goals, expectations, commitments and “smart engagement.”


[i] To the French, German, Austrian and other countries a billion is thousand times larger than the modern English billion, and a trillion is thousand times thousand times larger: 2.5 trillion = 2,500 000 000 000 million









Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s