Policymakers have expressed interest in learning from peers that have already begun to support inclusive business. To support this request for knowledge-sharing, the G20 Global Platform on Inclusive Business developed a series of short pieces that examine the motivations, institutional coordination mechanisms, priorities and challenges that countries face as they support inclusive business.
Collaboration between development cooperation agencies and the business sector is not a new phenomenon in Sweden. The private sector has always been involved in Swedish development cooperation. However, its role has been changing over time along with the varying priorities in the field of development cooperation.
In 2004 Sweden developed a new private sector development policy after the support of the Swedish International Development Cooperation Agency (Sida) was re-evaluated at the beginning of the millennium. Along with the new policy, a new approach for private sector development was adopted with a focus on creating markets for the poor.
The case study below elaborates the motivations, institutional coordination mechanisms, priorities and challenges that Sweden faces in terms of supporting inclusive business.