The world is inexorably industrializing, increasing prospects for better jobs and livelihoods for many of the world’s poorest. But to truly benefit the world’s population and the planet as a whole, international trade and industry must go hand in hand with healthier communities, lower emissions and cleaner air.
In the past, this has not always been the case, but the United Nations Industrial Organization (UNIDO) is committed to making it a reality. “We know all about the challenges and problems, but we are here to offer the solutions,” says Manuel Mattiat, UNIDO Chief of Staff. “Anything is possible with the knowledge we have, the technologies available and the money available.”
Investing in the Global South
Manuel Mattiat, UNIDO Chief of Staff
Mr Mattiat spoke to UN News on the final day of the UNIDO World Industry Summit, which covered a wide range of issues related to industrial development in the Global South, from youth entrepreneurship to the empowerment of women business leaders (full UN News coverage here).
With the UN under unprecedented scrutiny, the Riyadh conference is showcasing the experience and knowledge that the world’s leading multilateral organization has to offer both investors and businesses, as well as a series of concrete solutions aimed at lifting the world’s most vulnerable people out of poverty.
“We are here to build bridges,” explains Mattiat. There are many developed, industrialized countries, rich in terms of resources and development, that are willing to invest, but have not found the appropriate entry points. “This is exactly the purpose of us being here in Riyadh: to mobilize investments for less developed countries.”
Put people first
On Thursday, representatives of UNIDO Member States, spanning the developed and developing world, adopted the Riyadh Declaration, which calls for closer cooperation between governments, businesses and civil society to ensure that industrialization leads to greener economies, fair opportunities and better livelihoods.
By focusing on young people and women, the Declaration seeks to expand access to skills and employment, and highlights the importance of innovation and digital transformation, ensuring that developing countries can benefit from new technologies and compete effectively in global markets.
The adoption of the Declaration is considered a turning point in global industrial policy, providing a framework for governments and international partners to mobilize resources and deliver tangible benefits to communities around the world.