Archive «Hot topics» 2019
World Bank's Annual Meetings
19.10.2019 - SECO supports reforms in the commodities sector in developing countries. Accordingly, Federal Councillor Guy Parmelin signed an agreement at the annual meetings of the World Bank. The World Bank uses the agreement to finance projects that help resource-rich developing countries make better use of their revenues from the extraction of oil, gas and mineral resources to promote sustainable and inclusive economic growth.
08.10.2019 - 1979 Switzerland and Egypt concluded a partnership to stimulate economic cooperation and investments. Today, Switzerland’s development projects have expanded greatly to activities in the fields of empowerment of civil society, inclusive sustainable economic growth and employment, as well as migration and protection. Video: 40 years of development cooperation with Egypt
Indonesia Urbanization Flagship Report
03.10.2019 - With the financial backing of SECO, the World Bank has finalized the Indonesia Urbanization Flagship Report. It concludes that institutional reforms and policies are needed now, so that cities can realize their full potential for prosperity and inclusiveness in Indonesia. SECO continues to work with the Indonesian Government to tackle these challenges through the Sustainable Urbanization Trust Fund.
BioTrade Congress in Geneva
13.09.2019 – BioTrade can help address the globally increasing threat of biodiversity loss. That is why SECO supports UNCTAD’s Global BioTrade Programme «Linking trade, biodiversity and sustainable development» and participated at the UNCTAD BioTrade Congress in Geneva.
UNCTAD BioTrade Initiative
International Finance Corporation (IFC)
14.08.2019 - Vietnam's urban population is booming, which puts a strain on the nation's power resources. That is why IFC launched, in partnership with SECO, EDGE - a green-building certification program - in Vietnam. Since the program's launch in 2015, EDGE-certified buildings have benefitted 50'000 residents, allowing them to cut the use of 12'000 megawatt hours of energy per year.
Federal Councillor Guy Parmelin in Vietnam
Mid-July, Federal Councilor Guy Parmelin visited projects of the economic development cooperation in Vietnam. Among them a textile factory, which the SECO supports as part of the "Better Work" initiative. This initiative improves the working conditions of employees in companies in the clothing sector.
FactSheet Better Work
14.06.2019 - The prospect of sustainable development and inclusive growth is an illusion if equal rights do not exist. All of SECO’s projects have equal opportunities for men and women as a key criterion. The SECO-backed Women Banking Champions Programme, for instance, is helping women in Egypt, Morocco and Tunisia gain access to financial services.
Global Platform for Disaster Risk Reduction (GPDRR)
13.06.2019 - On the occasion of the Annual Meetings of the AfDB, SECO signed a project with the AfDB to support innovative start-ups and entrepreneurs across Africa. The project aims to strengthen entrepreneurial ecosystems and thereby give start-ups a greater chance of long-term success and create perspectives for young people. This is the first time SECO co-finances a project with the AfDB as an implementing partner.
Switzerland's enlargement contribution
08.05.2019 - Mine clearance, better access to education for minorities and promoting clean urban transport: Switzerland's enlargement contribution helps to reduce the economic and social disparities within the EU. The latest annual report on the enlargement contribution has now been published. It contains information on the results achieved in the last three remaining country programmes.
Swiss platform for sustainable cocoa
30.04.2019 – The first General Assembly of the Swiss Platform for Sustainable Cocoa supported by SECO was held at the ETH in Zurich. The 55 members held a lively dialogue with high-level international guests. They underlined the global integration of Swiss efforts to improve the sustainability in the cocoa value chain.
Press release Cocoa Platform (in German)
Mid-term report for the message 2017-2020
25.02.2019 – SECO had its projects that are presented in the current message on international cooperation, externally evaluated. Around 85% of them turned out to be successful. Despite their high relevance, their results are not always sustainable.
Article in "La vie économique"
World Economic Forum (WEF)
22.01.2019 - Federal Councilor Guy Parmelin received the high representatives of the seven major Multilateral Development Banks at the WEF in Davos. Switzerland reiterated its commitment to multilateralism and to the important role that the Development Banks are playing, in the discussions on making the global financial system work for all.
22.01.2019 - The Swiss financial sector welcomes the principles on impact investing developed by the International Finance Corporation (IFC). This is the outcome of a consultation amongst more than 100 members of the association Swiss Sustainable Finance (SSF). The results were discussed at a meeting of the partners of IFC and SECO in Bern.
Swiss Platform for Sustainable Cocoa
11.01.2019 – At the beginning of January, the Swiss Platform for Sustainable Cocoa, supported by SECO, launched in Bern seven projects in cocoa value chains. These projects pursue innovative approaches to improve the conditions of farming families and to make the cocoa cultivation more environmentally and climate-friendly.