Mobilizing the Private Sector in Peace and Reconciliation
The annual cost of conflict is a trillion dollars, according to calculations by the Institute of Economics and Peace 2017. Clearly wars pose various challenges to business operations and profitability, whilst elusive political stability makes investors hesitant. It is therefore not surprising that private sector actors are increasingly intentional in trying to make a contribution to immediate and long-term peace. Private sector activity in support of peace has met with mixed success, which yields lessons about the potential for business to play a role in peace processes. As international organizations and governments test and improve models for collaboration with the private sector, these lessons are useful in deciding what we can do better together. The following report, authored by a team of researchers from the Graduate Institute Geneva tackles this question: Based on previous involvements of the private sector in peacebuilding, which of its activities can contribute positively to peacebuilding and what lessons can be applied to future interventions?
ORBIS is powered by ESPAS, the European Strategy and Policy Analysis System, a unique inter-institutional project aimed at strengthening the EU's efforts in the crucial area of forward planning. ESPAS brings together the European Commission, the European Parliament, the Secretariat General of the Council of the European Union and the European External Action Service to strengthen the Union's collective administrative capacity to identify and analyse the key trends and challenges, and the resulting policy choices, which are likely to confront Europe and the wider world in the decades ahead.