 All of you here, my name is Afshin Yordikul and I'll be moderating this debate. We will be talking about how to achieve a sustainable development goals. Tough question indeed, which is why we're bringing together experts and also local actors who are trying to find solutions in their own cities. And we have a great panel here with me this morning, and they will be sharing their own experiences. We'll have one guiding question this morning, which is, how can local creativity and global knowledge be deployed to achieve these goals and make an impact across the globe? Those will be the questions that we will be looking at. Obviously we'll be exploring how to achieve these goals, their challenges and their ideas. And we will be exploring them all and that various stakeholders, what role can they play in that direction? And I have to say in the spirit of this discussion, we'll make it a real global conversation because we'll have global shape or hubs, cities who are also joining the debate. They will be bringing their own insight to our discussion here at Davos. So I'm joined by fantastic panelists here, and I'd like to take the opportunity to introduce them. William Warshour, president and chief executive officer of Technoserve and Gonzalo Munoz, co-founder and chief executive officer of Tresiquos in Brazil. And we'll have different cities joining us, who are an important part of this discussion, four cities, Riyadh, Saudi Arabia, Chandigarh and Rabat. And I would like to introduce our panelists there as well. I'm Alma Dany, executive director of Mishkat at King Abdullah City for Atomic and Renewable Energy. Venkat Maturi, senior director of Strategy, JA Worldwide's India Enterprise Impact Initiative. Sonia Mazur, secretary general, national agency for the development of renewable energy and energy efficiency. And we will have Tony Lee Luen Len, founding chairperson of the Green Building Council of Mauritius. So thank you all for being here, and I should also remind you that our audience here, but there's also a global audience watching us and who will be contributing to this debate. Our hashtag is shape sustainability, and please join in the conversation and send us your thoughts and questions. Without further ado, I'll turn to my panelists and let's start with you, William. Please tell us, what challenges can we talk about and can we explore in terms of achieving these goals? Well, I think from a global perspective, it's first worth celebrating that the dramatic decline in poverty rates around the world we've seen over the last 20 years. And in recognizing that that has been driven primarily through economic development in India and in China. The organization I lead, Technoserve, has been committed for almost 50 years to finding business solutions to poverty. And what we see again at a global level is that for every dollar of official aid money to foster development, there is, depending on whose numbers, you believe, 5 to 7 dollars of foreign investment. And so the trick now is to think how do you leverage this massive and growing business investment to be inclusive and to drive sustainable growth. And the good news is that some of the leading multinational companies are thinking about this problem quite differently than they did even a decade ago. And we see more and more areas where the business interest and the social interest line up. So while previously a company that was sourcing from emerging markets would think, well, maybe I can get it 10% cheaper, it's zero sum, I win. Now they understand if the family who's growing what they're buying can't come out of poverty, it may not be there for them to buy it next year. They may not meet the quality standards. So there is a business interest that the small farmer who we work with all over the world can win. And I give you one quick example. We worked with the Coca-Cola company in East Africa. They're the world's largest juice company. They committed to sourcing all of their fruit to make the juice in Africa from Africa. In Kenya, there were mangoes rotting on the trees, going to waste, being used by no one. And through some simple work with the farmers and helping them organize into businesses, they're now supplying that large supply chain. I come to Davos directly from South Sudan, where we're working in the southern part of that country with food secure farmers who are growing a beautiful coffee. And Nespresso is, for the first time in the history of South Sudan, exporting that coffee and selling it in Europe. The families that are growing it are more than tripling their incomes. It's an enormously encouraging thing. So the possibilities in this moment now around the globe are great. I think technology helps foster that. And the ability for a remote farmer at the end of a very long and dusty road to be connected to these global companies and global supply chains is unparalleled. I think we all look in the eye a massive global challenge, which I will close with, which is climate change. And these small farmers around the world are both, they're on the front lines of this. They're most affected. They have the fewest tools in their toolbox to deal with the problem. And so it's a major challenge for all of us who work with them around the world. That's great. Ernesto. Great. Thank you. Well, I'll take William's baton to say that from my perspective, we have enough evidence from all of what had happened regarding the global warming and the problems of inequality in the world to say that there's a need of a relevant change and that change must be also lead by the business people, the business world, right? And there is a huge momentum and a huge group of people in the world that is creating companies for profit that are not only willing to create profit but also they want to create change. There's no need anymore to say whether I'm going to create monetary benefit or solve the problems of the world. You can do both. You must do both. I mean, there's a moment for businesses to start rethinking why do we exist? Is it only for creating shareholder value? Is it that I'm going to keep on creating and maximizing shareholder value and try to use marketing as a way to be seen in a better way regarding all of these problems? Or is it really a moment for start rethinking why do we create companies and therefore how do I do things at the same time? So there's a huge movement of more than 1,500 companies around the world that are certified as decorps and also there are 3,000 benefit corporations in the U.S. There are many countries that are also working on the law to really find successive business to determine that there is a legal way to create financial benefits but at the same time do it in a way that will create what we call a durable and shared prosperity. So that's the message I'm bringing here. I think that even most of those companies were created and are run by probably young people with the spirit of change. Most of those people in the past will probably be more related to NGOs and in this moment they're saying I want to do business with this idea and with this passion but at the same time very, very big companies are also joining this movement because they understand that that's the way to move. Even that will take a long time to get certified and change the buyer laws. Most of them are working for example with the providers. So many big companies say okay there is a model. The B impact assessment is an extraordinary tool. It's open and I will use it to understand which are the parameters for my providers and which is the kind of value that they are integrating to my value change and therefore they will be integrating the global movement. Do you think there are more and more companies interested in this? I'm trying to understand what to use the challenge here. Trying to explain to people in the business world that this is the way this is going because you asked a very important question. We need to think why these companies exist and how they're supposed to proceed. So do you think more people are interested or sort of exploring these ideas and thinking out of the box? Is that what you say? I would say there are many reasons why any company in the world should move towards this type of business. My ideal is about the bigger movement because I belong to that and I really believe in that but I understand that in many other places of the world you can develop different types of legally based triple bottom line businesses where profit is a consequence not just the only motivation. Reasons to do that first and why to go through the certification process as well. First is a real commitment so you have to change the buyer laws to do so. While doing that you have to be very transparent and actually all of the businesses in the world are being checked by any single stakeholder and the consumers, the customers, they don't really believe in everything that businessmen are telling them. And I'm saying that I was a former CEO of traditional companies for 10 years and I'm in this side of the business but I really believe in business and I understand that marketing is an extraordinary tool but many times it's pointing in the wrong direction and not only are customers are looking at that our employees are needing our companies to be totally related to their personal values and people will choose not only voting by the dollar, by voting in the way they use their talent that will be the most powerful vote that people is using in this moment. That's very important. Very quickly and then we'll go to our... Yeah I just want to add that even for a traditional corporation A, it needs to be a successful business for that $7 to go in an investment they need to be earning but we're seeing this lead increasingly from the C-suite inside major multinationals their customers, their investors and certainly their employees, especially their millennials are demanding clean supply chains that customers want to know where does this product come from who's benefited along the way so there's a business imperative for these sorts of activities now. That's great and now let's go to where should we go to? We have so many interesting cities joining the conversation. We'd like to ask our local actors now I should say their hubs but they are doing great work at the local level so we'd like to hear from you and this is a question to all of the hubs that are joining today two main challenges to achieving these goals in your own community so please do share your insights with us and I will have to be the bad person here and remind you that unfortunately we'll have to keep every speaker to two minutes because we want to hear the most from you and let's use time efficiently. Two minutes each hub let's go Riyad Chandigarh, Rabad and Port Lewis please. Hello good morning it's a pleasure and honor to be with you here I think the world needs to celebrate first that these goals have been actually agreed I think it was quite a remarkable end for 2015 and I know it diversified the economic forum and I understand the tendency to think of businesses as vehicles to ensure we meet the challenges but frankly I think community engagement and having people grassroots are able to engage with these goals I think opportunity is not like science centers, museums and public programs to bring awareness a lot grassroots because it will take to the tango, it will take policy but it will take a lot of people in the ground to adapt personal commitment to these goals as well and this is what we do here in Mishkat Interactive Center for Atomic and Renewable Energy we're offering a venue for young individuals and Saudi Arabia teachers and we reach underprivileged areas as well to appreciate the importance of sustainability and how individuals on the micro level are very important to ensure that the whole country actually achieves these goals so to me public engagement and channeling corporate CSR funds towards engaging the public and to guarantee that you get future businessmen, future researchers to actually do execute transforming before 2030 to that direction That is Amr Al-Madani in Riyadh, Executive Director of Mishkat at King Abdul Lassiti for Atomic and Renewable Energy Thank you, let's go to Venkat Maturi in Chandigarh, India, Senior Director of Strategy for JA Worldwide India Enterprise Impact Initiative I just wanted to remind the bios because it's important to know what work you're doing at the local level and what insights you're sharing Please go ahead Venkat Good morning, I would put the entire concern about sustainability on two key aspects One is credibility and other is commitment On credibility I think it's very important how do we articulate this whole problem because what we see is there seems to be a lack of comprehension as seen by the citizens who are the beneficiaries of any development effort that we might take There seems to be a lack in the articulation that the leaders make in terms of the goals, attainments, targets for those citizens Let me just explain, at the crux of sustainable development goals what is it that we really wish to achieve certain parity in quality of life But then are we really willing to take the bait? If you look at the world economy today it's a 75 trillion dollar economy and if I have to keep India in perspective of the 75 trillion dollar economy which is the global economy, India has just 2 trillion dollars Now a 2 trillion dollar economy is funding 16% of the world's population Now if I need to achieve parity in quality of life which is perhaps the highest abstraction of all the 17 SDGs then effectively I need to multiply the GDP of India by 6 times Now what it means is is the world willing to let go of wealth creation in favour of India because it's just not about attaining SDGs because behind that economic shift there also comes a shift in political control, job control So the whole point is while it is good to have SDGs what citizens might be asking and are also asking is is the world ready to let go of some of that control and allow wealth to move to those places their population is I think this is a good summary of the way the thoughts have been drifting around in this side of the world Thank you, Vankat and Sonya Mazur, UN Economic Commission for your Vice Chairman Let's hear from you Sonya Thank you Aftab I think the two major challenges on the global level in Africa, developing countries particularly is access to energy, we cannot go towards sustainable development if we don't have access to energy and if you see the African continent you have 800 million people that have exactly the same energy capacity as the country as Spain So this is fundamental for sustainable development Secondly, access to financing is something that is major and you know on the local level there is not the capacity building to bring back projects that are bankable for the IFIs So access to financing in the typical government deficit today and the global economy is important to drain private sector finances and that's why PPP's public partnerships are going to play a major role in bringing fresh investment to the world and public-private partnerships are something that are very complex So we have to do this in a very definite manner in where we make sure that we have the right counseling the right financial counseling, technical counseling and legal counseling and you know enough Okay, we will be back with Sonya if we can figure out what went wrong with our Skype connection but let's go to Tony Lee Luen Lenn in Port Lewis, founding chairperson of the Green Building Council of Mauritius Hi, thanks for having me here I think for me the challenge is regarding organization because I think throughout decades we know what we want, we know what to do but actually how do we actually do it is the issue So I mean the SDGs now for me is broader than the MDGs so we can all relate and things can resonate to us So is actually how can we actually work together? The former speaker was talking about PPP's which is a perfect private partnerships and then one of the panelists spoke about shared values and businesses you know pushing the agenda of providing social goods which is actually also good for business but for me I think the challenge is how actually all the different sectors of the system actually work together efficiently to deliver these goals for me the focus about partnerships, about collaboration is about how can we organize ourselves in all the different sectors public, private and not forget civil society one of the persons talk about community engagement is how we can actually have all the players organize themselves, work together to deliver these goals is the key because we know what to do, we've got money but actually how do we actually do this is the issue Thank you so much Tony Lee Luen Lent Well at this point I wanted to take the opportunity to sort of wrap up what we've been talking about because now it seems like it's time to talk about solutions but I don't even need to say anything because Tony, that was great we all know what to do but the question is how do we really achieve that so that's why I'd like to turn to our panelists here and let's go in reverse order Gonzalo Munez how is it possible to mobilize local communities to explore solutions? I'll go back to the point that I was talking about this type of new companies, most of them are totally aware of the global problems and looking for local solutions they do believe as Tony mentioned and the power of communities they do understand how relevant it is to implement solutions that are talking to the people that are living around the company so we definitely understand that to really achieve the SDG there is a huge opportunity for businesses and that's the thing that we understand that many of the traditional companies are not really seeing and we believe that probably very soon in places like the World Economic Forum you will be having massive groups of people and probably sessions around companies like the Benefit Corporation or V-Corps or regenerative companies, collaborative businesses so many new type of businesses here in the World Economic Forum we have this specific program about circular economy that's another relevant issue, relevant topic that business people can really tackle and use it as a business opportunity because that will allow us to really move forward very quickly one of the problems is that we understand the problems we understand probably some of the solutions, we have them we're many times spending a lot more money in creating the problem than solving it but just like Venkat mentioned are we ready to really move forward towards solving and tackling the SDGs I understand that there's a relevant and urgent role for businesses and that means businesses have to be redefined and William what is your take on that especially at the national level when it comes to communicating these goals and making sure actors are participating well I want to support Tony's point actually because the SDGs are obviously hugely ambitious ending poverty, ending hunger and these problems are extraordinarily complex they won't be solved without a large partnership multi-stakeholder partnerships involving government involving business and involving communities and being led by those communities so we need those partnerships that Tony talked about to solve them I think the public-private partnerships are very important and can be highly catalytic in seeding some of these and proving some of the business cases to get businesses to come in the theme of Davos this year is the fourth industrial revolution and that is actually not some abstract concept only to be talked about in the mountains happening around the world I was quite recently in a remote part of Tanzania sitting with a smallholder farmer and she has her mobile phone she can get paid for her crops on her phone she has a savings account that earns interest on her phone she can apply for a small loan with a text message and get an instant approval or not and have the money on her phone so her ability to be resilient to participate in this economy has grown exponentially through this technology Well that's great because actually hearing human stories that's when we can really relate to the change that's taking place on the ground and that's why it was very helpful and like you said it's just not a debate among us it's not even just you know it's about people it's about changing people's lives and making an impact on the ground that's why that story was great and at that point I would like to go back to our cities again and ask you what your solution is please give us your ideas as to how we could come up with a good idea well I should say the best idea you think that would convince everybody that this is the way to go and this is the way to achieve these goals and would love to hear from you especially what your experience has been given the work that you're doing at the local level and what your solutions are let's go to Riyadh again Amr Al-Madani if you can hear us would love to hear your perspective on this Thank you very much the goals are globally appealing they can make sense generally to everybody but I think the worst thing we can start with is assume that a global solution that fits all communities so I think the first approach to solving this is each community needs to adapt an approach that is locally relevant so taking that to account I believe in our community here it is very important that these that sometimes seem to be top down goals defined by the international community is for the locals and public to engage with them and I think that a lot of resolutions on personal level help actually achieve prosperity in many of these and we do work in Mishkat Interactive Center with a lot of partnerships to make sure that we're empowering our young individuals to be lifelong learners we do open a lot of opportunities to bridge the gap for women in science encourage young girls to take on science careers specifically in the fields of renewable energy for the future and I believe that is for a need we identify our unemployment for women is higher than unemployment for men and I think that for our context engaging and empowering individuals is one of the important ways to go now no wonder technology will help no wonder business partnerships will help but unless you empower the individual will end up probably a decision maker in some of these fronts and I think public engagement increases the absorptive capacity of a nation to intellectually and powerfully engage with the SDGs Thank you Amir Indriyad let's go to Venkat Maturi in Chandigarh, India Thank you, I believe the first thing that we all need to do is fundamentally believe that it is possible to achieve this parity in limb standards the solution I believe could be broadly seen in two broad perspectives one is solutions that create a common infrastructure and those solutions which create a specific infrastructure when I say common infrastructure it could be public health it could be sanitation it could be whatever that you might have and this is probably one space where the controversies or the pushes and pulls may be slightly lesser and it might also be possible to have some sort of inter-country contributions and those countries which are moved ahead in technologies they could contribute to those technologies which are lagging so on and so forth the larger problem where the solutions may not be readily available would be the specific infrastructure and let me explain to you what exactly would be mean by specific infrastructure there is something about creating wealth for the nation as a whole but then some of that wealth necessarily has to get translated and passed on to the individual because that's how their living standards might move up and in doing so the other indices on health etc might become better the point is look at an economy like a US today which is clocking 17 trillion dollars and it has a workforce of it has a population of just about 300 million now how do I how does the situation become complicated let's say if I look at India I am 2 trillion dollars and I have a workforce of 400 million much as I may like to build and to entrepreneurship initiatives or create those kind of mechanisms in India do we believe that the next incremental 10 trillion dollars addition to India even if that might happen is going to create another 400 million jobs and that's a big question mark and that's why we do not know do we have solutions which can create the specific infrastructure which can translate wealth and put it in the pockets of the individuals I think that's a big question mark thank you thank you Venkat and let's go to Sonia Sonia Mazur and Sonia you have one more minute because we lost you in the previous round which can create the specific infrastructure which can translate wealth and put it in the pocket and that's a big question let's go to Sonia okay there's a bit of lag but that's okay this is live anyway so this happens thank you so much we have a lot of technical problems here so I'm happy I have one minute more we can hear it, go ahead so I think as in the baseline is important all the countries have not the same baseline coming you know addressing sustainable development goals and when we see for example for millennium development goals Morocco has done a tremendous work in reforms, economical reforms in terms of political reforms in terms of governance and we have achieved the millennium development goals by the end of 2015 most of them and we have eradicated poverty going to sustainable development in our for our environmental issues so it's the baseline that is important because all the countries have no access to the financing and tax payment as everyone for example if you see Borundi a tax payment in Borundi is $35 per year and it won't go towards millennium development goals or sustainable development goals now as a country like Morocco that has done a lot and major things in the last 15 years so the baseline is important something else is we have to make sure that we have to make sure that women are empowered and here in Morocco we have done some major achievement in having women in parliaments having women in the local communities and working and access to primary education for girls so for us sustainable development goals is something we can achieve in the next 15 years and we have done here in Morocco something that is called Jihati Nu that's a territorial approach where we accompany local communities in their sustainable energy development and we have done this with three local communities and with the help of international cooperation and we want to make sure that this is a sustainable development goal and we have done this with three local communities and with the help of international cooperation we want to make sure that this is duplicated around the country and we have also created the DEMENA energy award this is going to label the communities on the local level in Morocco but also in the DEMENA region and with this help we're going to be able to compare a local community a local community municipality in Morocco with one of the 1,500 communities in Europe so we will be able to bring fresh fresh money and the private sector and FDIs going to be to be coming and investing in building in infrastructure, in agriculture in street lightning and so on and this is major for us Sonya, actually I would like to take the opportunity to ask you a question that I'm quite curious about so in order to achieve these goals sorry I lost you can you hear me now so the question the question is this achieving these goals yes it is what we are striving for globally however I'm curious what your perspective is because does cultural differences make it more difficult to attain these goals in different parts of the world because you're talking about projects that are women in education I was wondering if you think whether cultural differences could be turned into an advantage and in what way so I was curious what your take on that is since you're joining us from Rabat I'm sure you have an interesting perspective on this as well thank you Absin I think a cultural aspect is something that is relevant for bringing sustainable development in countries of course and I think Morocco is playing a role model in the region in terms of enforcing democracy and enforcing anti-corruption governance in the political framework in the economical framework and social and today you see women empowered and girls empowered to be in parliament to foster their own future talk about their problems and bring forward civil society work to make sure that we develop our own environment and we have a major role in bringing sustainable energy development because as you know women are the first one to be touched by climate change and to be touched by poverty and to be touched also by energy access so our women are the ones that go and make sure that their family have access to water, have access to energy and have access to food and I think Morocco has played this major role in achieving the millennium development goals which beforehand most of them have been achieved before 2015 so I'm sure and I'm committed that we'll go forward in going towards sustainable development on goals and see in fighting climate change Morocco in mitigation action we have a we're building the biggest solar plant in the world 500 megawatts and this is going to bring a lot of social impact in the community in the southern region southern province in Morocco and moreover in the COP 21 our majesty the king has brought forward the concept of we're not going to have electrical capacity by 42% by 2020 but we're going to go beyond that 42% by 2030 and this is a major commitment excuse me for a country that doesn't pollute a lot and doesn't consume a lot of electricity and has a protein thank you Sonia, thank you Sonia that was really helpful I'd like to move to Port Lewis Tony Lee your take and then I'll come back to our panelists because we also have questions our hashtag again shaping sustainability but Port Lewis first it's back to the challenge that I've brought up earlier about how do you actually work together so the idea will be obviously there's been a campaign that's been launched by the Port Bihar is Adobe Gold which is basically lots of things happening around the world people make pledges, make commitments, etc and then use ICT to connect these different groups together but I think for Mauritius what's important is for us to have a legislative framework how we actually can work together a legislative or even practical framework how to work together because we understand that each sector got its own agenda you know the private sector will have to make money etc is how do we create a common vision around the sustainable development goals and how we can get whatever we need out of it if I'm a private sector which means money or if I'm a political public sector it's sort of a thing so we must understand that we're all in there for different things but at the end of the day we have a clear common vision so and then for me the crop of it is how to actually organize ourselves work together and find some framework practical framework, legislative framework to be able to deliver Thank you Tony So a question from OECD on development with our hashtag shaping sustainability they ask how can we engage the public specifically young individuals in SDG's implementation William let's start with you first and then with Gonzalo Well you're taking questions here from social media I think you are perhaps answering your own question I think the young in particular I'm the father of a 14 year old and she's constantly engaged so I think that provides a great channel and an ability to really bring to life these issues to humanize these issues to connect people directly north south and in a very vivid way that goes well beyond the sort of boring statistics that one talks so much about here in Davos That's great and Gonzalo your answer to OECD on development Yeah definitely I think that I'm taking at the same time part of the rest of the panelist mention I think that we from the private sector have to be very close to community and that means also being able to work close to the needs the real needs of the consumers top identifying our role from the business sector as trying to invent new products and invent new needs and instead of that we have to move forward towards solving problems from the business sector so giving the people what they need in a transparent way using social media and using marketing in a way that it can be very transparent and very relevant impact that we are creating so I think that the way to move forward is totally related to transparency Thank you another question that I see here on twitter Kumar Manish asked us we moved from MDG's Millennium Development Goals to 17 Sustainable Development Goals but issues have remained the same as government, private and people differ, different I guess how to bridge it, how to bridge it is the question Venkat let's ask you how to bridge it We had this panel discussion in Chandigarh 50% of the audience was actually school students and I couldn't have appreciated this disconnect more the youngsters probably did not share the same articulation or the urgency as the leadership around the world have defined the manner in which they have defined SDGs now we definitely need to get some traction over here definitely the constituents who are responsible around achieving these goals need to come together what has come out very strongly during those discussions is we need honest and sincere leadership we need leadership who has their ears to the ground you have to necessarily start communicating in a language and in a sequence of priorities that is relatable by those stakeholders if it's a top-down approach we might lose them Thank you Venkat same question to Amar Almadani in Riyadh how is it possible to bridge this can Amar hear us at the moment again I'm a firm believer that engagement of youth and the public is important and I think everybody realizes that corporate social responsibilities actually now are able to contribute bottom line to companies by positioning them as best responsible suppliers of goods or services and a lot of these SDGs actually relate to most of the businesses that exist in the world so I think that one way to bridge the gap is for the business community to channel a lot of their CSR activities into empowerment of the the public and youth to engage with the SDGs and hence sustainable utilization of CSR funds Thank you Tony Li Luan-Len in Port Lewis I understand the question but what I'll get from the answers of the panelists here I totally agree with community engagement about creating awareness and then also for businesses to maybe re-look at their mission a lot of multinationals also have re-look at their mission to be broader and I think with the new SDGs also it's broader and everyone can actually things can resonate with a lot of people compared to the MDGs and I think people can see and work towards some objectives and it's easier to understand Sonya Mazur in a robot Sonya can you hear us let me check with our tech team here I, okay one more time Sonya can you hear us alright never mind technology age sometimes it makes your life difficult but I think she's responding was not to have all stakeholders around the table and I think what we have to achieve for sustainable development goals is to make sure that all stakeholders civil society women private sector, institutional on the global and local level are committed and are aware first of all are aware of what's happening what's expected from them where it's going to happen and the baseline where they go from and where they want to go because today we have citizens that are aware of their own future they want to know what's going on they don't want global policies to be applied to all of them they want everything to be localized localized on a sub national level and to by the local municipalities and that's very important for for them to be part of of the change Sonya thank you so this gives us a great idea about what kind of challenges lie ahead but what we could possibly all do at the individual level which brings us to the last part of this debate and at that part we turn to our cities our hubs and have you ask our panelists here what your questions are and what you think are the most pressing questions I should say in terms of achieving these goals I guess we could go in this order Riyadh and Chandigarh and Rabat and Port Lewis well Davis the question is what would Davis be doing in order to bring enthusiasm among his businesses to focus a lot of their CSR activities in youth and public engagement with the SDGs and I think it would be great to see some Davis studies about best practices for corporate CSR funds and how they can support the SDGs so all countries can learn from that Thank you Amar let's go to Chandigarh, Venkat, your question Certainly to some extent the institutions such as Technosurve or Tricyclos definitely show us a way and we can get traction and clear off some amount of the gaps through entrepreneurship routes or such things but I believe the greater question or the query or rather the open statement over here is eventually is the world leadership willing to let go we know the world has a particular momentum we also believe by far the best economic growth model the world has is the market model but to a certain extent the market model has its own limitations we also believe SDGs have the right intent for the global population but the whole point is are we willing, is the world leadership willing to let go some of those ways which the market model restricts to ensure that the wealth generation is more inclusive what can be done by Davos to make sure the shift in thought process happens in global leadership, that's the question Thank you, Venkat Let's actually go to Port Lewis as well and then have all these three questions because we unfortunately Sonya is not with us because of attack problem Sonya is back, alright Sonya, that's great okay, then I will have you and Tony wait a little bit because I'd like to turn to our panelists to get their answers and then we'll come to you and have your questions and then we'll proceed please go ahead, Gonzalo first and then Lily well what we can see from Davos perspective is that at least what I can see is that we're leaving a moment of shift there have been relevant questions being done only in the last few years regarding not only sustainability from a CSR point of view but relevantly from a business point of view and that's totally related to the SDGs I think that what we'll see in the future is that we will be having much more businesses that are using the SDGs as the opportunity to run businesses so as we've been seeing from the BICOR movement we have thousands of companies and each of them are relevantly achieving or helping achieve some of those goals and I think that now going to Venkat question I think there's no way not to do so there's no way for businesses to do some kind of sacrifice to really achieve the SDGs and that's a hard point I mean that's like the elephant in the room nobody want to do those sacrifices but it's obvious that also the the business people and probably all of us as consumers will must be doing some sacrifices not only to achieve those goals now but also considering that we are 7.3 billion people in this world and we know that there's a maximum capacity for the world we're facing a moment of relevant change and that change is totally related on how we live in this world how do we make businesses and how do we create all those partnerships that Tony was talking about and how do we understand the local implementation regarding the baselines that Sonya mentioned so I think we have enough data enough information my question will be are we willing to do those sacrifices now and which type of attitude we need to do so and that means empathy we're having lack of empathy from the business sector probably from the public sector as well and at the same time I really believe we're not using our supposed intelligence in the right way so we will need to be developing a new way of intelligence business intelligence and that will be within also enough courage to tackle all those goals thank you Gonzala just two quick comments to these very good questions I think Venkat has spoken more than once about the problem of income inequality and I just want to say that that's very much on the agenda here in Davos there's a lot of talk about it and I think an understanding from business and civil society how unhealthy this is both within and across country so it's firmly on the agenda the other thing I would add is that civil society is extraordinarily well represented here credit the world economic form of bringing people together so I've been in multiple sessions where the CEO of a major multinational is sitting next to a minister or a head of state who's sitting next to a leader of a human rights NGO or an NGO dedicated to getting child labor into history and so there's an ability to exchange and share ideas and think about practical solutions which has been very impressive here may I add something to what William said yes that's right the role of for example the Schwab foundation in the Davos meetings is amazing the people from like the social entrepreneurs I'm a social entrepreneur new social entrepreneurs 2015 but also young global leaders are really really having a relevant role in the Davos meeting and also I can see and I work with the social economy program and that's taking a very very relevant role in the discussion so I can see this as a very relevant topic let's go to Port Louis and then to rabite your questions to our panelists 30 seconds each please we can hear you fine go ahead Tony okay so for me the question is we understand in the conference you have people which you know thinks like you know the same way and I've got the vision but most of the businesses like in Mauritius if we speak to them about shared values you know 99% want to understand what it is so how can you actually accelerate to permeate these ideas of circular economies B Corp shared values etc to you know a developing country like ours where businesses are just business as usual so you know it's hard you get from the high level thinking you know the circular economy B Corp etc to just how quick we can get it down to the ground say in a developing country where you know for them all these understanding is not there awareness that's quite a tough question Tony let's see what Sonya has in mind what is your question to our panelists thank you my question is now that governments on a national level know exactly how to go for sustainability for this world how the civil society and the corporates corporates and the private sector and every man and woman in this world what kind of roadmap do they have to apply the sustainable development goals in their daily life and I think Carlos said something very important is we cannot be sustainable if there is no compassion in every one of us and compassion is major and we have to be more compassionate toward one another and I think that's the main pillar for sustainability in our world thank you Sonya and back to our panelists in reverse order we'll first and then go to Tony well Tony asks a very challenging and important question and I want to validate the premise that I think the idea of shared value the idea that companies find where the business interests and the social interests align is much more widespread among larger multinationals than it is in many local companies I'm optimistic though that these practices will be adopted in the instance because of the facility of communication and the ability for people to hear about and see things going on across the world in forums like these but also for the fundamental reason that this is increasingly being adopted because it's good business it's not a separate charitable idea but it is actually central to the core business and so in that sense I'm quite optimistic that as these companies see this and understand it and adopt it more well Tony I appreciate a lot the point of view I would say that this is accelerating my question will be are we going to get to the point in the right time or is it too slow but it is accelerating I was 10 years ago a CEO of a traditional company right in Chile no knowledge about all of this has been growing and from our perspective that acceleration happens mainly with three ways one is leadership and we can see companies like Unilever or Danone or Campbell or many many big companies saying okay that's the way to move forward we know that business as usual is not a solution we need to find a new path and they are really leading this movement and they will hopefully help us to make that mainstream the other point Sonya mentioned it is finance and we must see in the next years financial sector really really internalizing the externalities of their investments and therefore the impact financing sector as it is growing it should grow faster than the way it's going and the other way to accelerate it is legal stuff movements like the B Corp are already legal in 30 32 states from the United States now there is a benefit law in Italy there are many many countries in the world working either to have a benefit corporation structure or a social business structure because they know that's the way to move forward so finally what happens is not one single thing is the movement as a whole when you can see a lot of business leaders and all of financial leaders a lot of politicians talking about this we have now the New York City best for the world campaign same thing happening in Rio so also mayors are taking the lead Fortune the magazine mentioned the B Corp as one of the 5 trends to be followed this year so from our perspective we see that acceleration happening our question will be is it enough or shall we accelerate it much more is it enough shall we accelerate it much more we'll have to leave it there we ran out of time but with those 2 big questions I'm sure our audience here and our online audience who join this conversation using our hashtag shaping sustainability I'm sure they'll have a lot to think about thank you so much for being here and for joining this conversation online and our speakers once again Gonzalo Munez co-founder and chief executive officer of Tresiquos in Brazil and Willem Warshauer president and chief executive officer of TechnoServe thank you for being here our Davos panelists and our hubs Almadani in Riyadh, Sonia Mazur in Rabat Venkat Maturi in Chandigarh and Tony Lee Luenland in Port Lewis thank you so much for joining and sharing us your insights thanks we'll leave it here and do join other re-stimulating conversations that will be taking place after this one thanks again