| On September 11–13, 2005, more than 200 international business leaders and top-level government and civil society representatives gathered at New York University in New York City to take part in the 10th Annual International Business Forum. Entitled “Business and the Millennium Development Goals: An Active Role for Globally Responsible Companies,” participants discussed innovative ways in which business contributes to development, including industry specific approaches and new forms of business models. The event, hosted by InWEnt (International Capacity Building, Germany), the World Bank Institute, the United Nations (UN) Global Compact and Instituto Ethos, was the first major conference on specific private sector contributions to the Millennium Development Goals (MDGs). Recommendations from the conference were presented to world leaders at the UN 2005 World Summit on September 14.
The first portion of Plenary Session Two provided a chance to discuss the lessons learned in a diverse array of businesses—specifically food, technology, pharmaceuticals, and natural resources—and to relate them to the panelists’ experience. The panelists included: Ray Goldberg, a Professor at the Harvard Business School; Klaus Wachsmuth, Head of Nigeria Market for the Nestlé Corporation; Paul Fokam, President of Afriland First Bank (Cameroon); Izeusse Braga, Director of International Communications for Petrobras (Brazil); and Claudia Wörmann, Director General for the Working Group Development Policy of German Business (AGE). Mike Manning, an economist from Papua New Guinea, started off the session by highlighting the key points of earlier working group reports.
During the second part of the plenary, Harvard University Professor Jane Nelson introduced the 2006 World Business Awards (WBAs) in support of the MDGs. The WBAs are intended to acknowledge business’s role in meeting the UN targets for poverty reduction, rewarding innovation and productive approaches to sustainable development. After comments from Guy Sebban, Secretary General of the International Chamber of Commerce, and Bruce Jenks, Assistant Administrator and Director at the Bureau for Resources and Strategic Partnerships of the UN Development Programme, Nelson answered questions from audience members about the specifics of the nomination process.
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