icnb 2024 Session 2

Session 2: The Collaboration Among the Public, Private, and People Sectors in Addressing Disparity: Challenges and Pathways to Success

The collaboration among the public, private, and people sectors in addressing disparity presents both challenges and pathways to success. One of the key challenges is aligning the diverse interests and priorities of each sector to develop a common understanding and shared goals. Additionally, issues of power dynamics, resource allocation, and decision-making authority can hinder effective collaboration. However, successful collaboration can be achieved by fostering open and inclusive dialogue, building trust and mutual respect, and recognizing the unique strengths and contributions of each sector. By leveraging the expertise, resources, and networks of the public, private, and people sectors, collaborative efforts can lead to innovative solutions, comprehensive policy frameworks, and sustainable development initiatives that tackle disparity and promote inclusive growth and social equality.Read More!

Moderator:

Prof. Dr. Yuosre Badir,
School of Management at Asian Institute of Technology (AIT)

Speakers:

Main idea: Addresses the necessity of strong governmental roles and policies to manage disparities and promote inclusive growth.
Important points:

Government Role: Stresses the importance of government involvement in orchestrating efforts to address disparities.
Environmental and Educational Issues: Highlights the need for addressing environmental and educational challenges through collaboration.
Inclusive Policies: Advocates for policies that promote inclusive growth and social equality.

1. H.E. Otaka Masato,
Ambassador of Japan to Thailand

Main idea: Advocates for a holistic approach and collaboration between public, private, and people sectors to address social disparities.
Important points:

Holistic Approach: Emphasizes the need for a combined effort from public, private, and people sectors.
Social Impact Investment: Points out the effectiveness of social impact investments and the need for more resources.
Vocational Training: Suggests shifting focus from high-level scholarships to vocational training to meet local needs.
Public-Private Collaboration: Highlights successful collaborations between public and private sectors in providing loans to underprivileged populations.

2. Mr. Thibault Danjou,
International Consultant, Member of the Investment Committee of Phitrust Asia,
Expert for the European Commission, MBA University of Chicago

Main idea: Proposes solutions for enhancing sustainable development through education and corporate responsibility in Thailand.
Important points:

Outcome Fund in Stock Exchange of Thailand: Proposes establishing an Outcome Fund to promote social investments through the Stock Exchange of Thailand.
Revenue Profit Commitment: Suggests a commitment of 1% of profits by listed companies for education and human development.
ESG Device Revision: Recommends revising Environmental, Social, and Governance (ESG) criteria to incentivize corporate social responsibility.
Tech Incentives: Advocates for tax incentives for companies moving towards sustainable practices.

3. Dr. Kraiyos Patrawart,
Managing Director of The Equitable Education Fund, Thailand

Main idea: Focuses on the role of social protection and job creation in reducing inequality.
Important points:

Social Protection: Highlights the need for extended social protection due to a large informal sector.
Prioritizing Education: Stresses the importance of education, especially in the context of an aging population.
Addressing Digital Divide: Emphasizes the need to bridge the digital divide across genders, ages, and underserved communities.
Progressive Taxation: Calls for fairer taxation systems and improved efficiency in tax collection.
Data Collection: Points out the importance of accurate data collection to address social issues effectively.

4. Dr. Srinivas Tata,
Director of the Social Development Division of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)

Main idea: Discusses the importance of mobilizing people and private sector partnerships to address social issues.
Important points:

Volunteer Mobilization: Cites examples from Yokohama where volunteer groups effectively addressed local issues.
Educational Challenges: Notes the difficulty in sustaining public interest in educational problems once personal involvement ends.
Environmental Mobilization: Suggests that environmental issues are easier to mobilize public interest compared to other social issues.

5. Mr. Sanjay Mathur,
Regional Director, Asia Region, United Nations Office for Project Services