The Importance of SME Financing to COVID-19 Response and Recovery Efforts

The Importance of SME Financing to COVID-19 Response and Recovery Efforts

14/07/2020 at 14:00
Location: Online
Organiser: Government of Luxembourg, UNCDF, International Trade Centre
Event type: Event

14th July 2020

A virtual side event organised at the UN High-Level Political Forum 2020 jointly by the Government of Luxembourg, UN Capital Development Fund and International Trade Centre.

SMEs are the backbone of the developing economies. They have a key role to play in the ability of any country to withstand and recover from the current crisis.

The discussion will explore the following questions:

  • How can SDG-aligned investment strategies strengthen the competitiveness of SMEs and women-and youth-owned enterprises and ultimately help economies recover from the COVID-19 crisis?
  • How are the UN agencies and civil society organisations that form part of the SDG 500 partnering with the private sector to mobilize significant private investment towards the SDGs?
  • How can SMEs in the healthcare value chain address some of the weakest links in healthcare systems in low-income countries and emerging markets?
  • With lockdowns and social distancing measures in place in much of the world, how are SMEs turning disruption into opportunity by scaling technology-enabled models to deliver essential goods and services?
  • What is the potential to replicate and scale the financial mechanism and partnerships behind SDG500?

The speakers will be:

  • Mr Manuel Tonnar, Director for Development Cooperation and Humanitarian Affairs Government of Luxembourg
  • Mr Jean-Philippe de Schrevel, Founder and Managing Partner of Bamboo Capital Partner
  • Ms Judith Karl, Executive Secretary UNCDF
  • Ms Doroty Tembo, Acting Director International Trade Centre
  • Mr Lacina Koné, Chief Executive Officer SmartAfrica
  • Ms Lucia Ditiu, Executive Director Stop TB Partnership
  • Mr Navid Hanif, Director, Financing for Sustainable Development Office UN DESA
  • Ms Michelle Nunn, Chief Executive Officer CARE USA

Read more about the side event here

To register check the website