At the very end of the previous decade, a number of key global policy breakthroughs took place, and their repercussions starting to shape the new decade. The third international Conference on Financing for Development held July 2015 approves the Addis Ababa Action Agenda, enabling funding for the implementation of the sustainable development goals. In September 2015, UN Member States adopt the 2030 Agenda for Sustainable Development, including a set of Sustainable Development Goals (SDGs). Their decision establishes environment, society and economics as the three dimensions of sustainable development. Sustainable Development Goal 9 closely resembles UNIDO’s mandate. At the end of 2015, the Paris Agreement on climate change, governing greenhouse gas emissions mitigation, adaptation and finance, is adopted. The Green Climate Fund, meant to raise US$100 billion per year by 2020, will play a major role in funding related activities.
Increasing digitalization and automation of manufacturing (Industry 4.0) will have an impact on the structure of industries, a transition embraced and facilitated by a number of governments. Regarding the environment, the concept of circular economy - where governments utilize economic drivers to achieve environmental improvements as well as other benefits – gains momentum. Both approaches will reshape industrial development in industrialized, emerging and developing countries; UNIDO provides a forum for Member States to exchange experiences and views on these concepts and their consequences; the related policy advice provided by UNIDO is based on its own strong research and incorporates the experiences gained in project implementation and the field.
The Addis Ababa Action Agenda, as well as the strong focus on economy in the SDGs, substantially strengthen UNIDO’s ability to support industrial development in Africa and LDCs. In line with calls for new aid modalities and aid effectiveness, UNIDO is moving to significantly upscale delivery and impact of its technical co-operation. Project interventions are increasingly coordinated through programmatic approaches, and the organization uses its experience from pilot PCPs to broaden its impact. UNIDO is increasingly partnering with other providers of development aid, financial institutions and industry. Existing decentralized networks are strengthened and expanded.