ACCIONA promotes public-private alliances between the UN and business at the Davos summit

On the first anniversary of the Global Compact LEAD, a platform set up by the United Nations Global Compact aimed at leading the way in corporate sustainability, the initiative's member companies, ACCIONA among them, met with UN Secretary Ban-Ki-moon during the World Economic Forum in Davos, to discuss ways of encouraging and enhancing public-private partnerships, in an effort to make progress in the UN's Millennium Objectives.

The meeting took place following the UN Secretary General's announcement of a new Cooperation Fund aimed at strengthening ties with business and working more actively with UN agencies. Among other reasons, the Fund has been set up following the recommendations of the Global Compact LEAD's Working Group, in which ACCIONA took part, laid out in its report "Catalyzing Transformational Partnerships between the United Nations and Business". The Fund is aimed specifically at accelerating public-private ventures of each company at a national level.

"Alliances are key to coming up with solutions in the 21st century" said the Secretary General in his opening address. "Thanks to the UN's commitment, there is more and more recognition for the private sector as a strategic means of giving rise to a profound global change".