Increasingly, governments and home countries are prioritizing the attraction of quality foreign direct investment (FDI)-investment that not only brings capital but also generates meaningful impacts on national development. This includes contributions to job creation, skills development, technology transfer, and broader sustainable development outcomes. Rather than focusing solely on the volume or quantity of investment, policymakers are placing greater emphasis on investments that support long-term economic inclusive growth, strengthen local SMEs, and align with social and environmental development priorities. Quality FDI is becoming an important tool for advancing inclusive and sustainable development strategies at the national level. At the same, investment decisions are increasingly shaped by expectations regarding sustainable development and responsible business conduct (RBC). Issues such as forced labour regulations, trade and sustainable development provisions, RBC clauses in international investment agreements, and social safeguards influence how investors companies participate in global markets. Investment Promotion Agencies (IPAs) play a pivotal role to enhance impact of FDI for the ghost economy, and to further unlock the development potential of FDI through facilitating technology and skills transfer, public private partnerships, and policy development. In this intensive 3-day course, FDI professionals from IPAs, as well as government and private institutions involved in trade, investment and sustainable development, will learn how to further harness FDI for sustainable development and decent work. The course is run jointly by WAIPA (World Association of Investment Promotion Agencies) and the International Labour Organization (ILO).
This course is designed for a wide range of professionals working for regional, national, and municipal investment promotion agencies (IPAs) and other institutions/organizations with a similar mandate. This course might also be of particular interest to development practitioners with a specific interest in financing development through FDI investments, e.g., foreign affairs ministries or ministries responsible for trade, commerce and finance.
This course explores how IPAs can maximize the positive impact of FDI for Sustainable Development and decent work, using a range of tools and resources:
Participants learn how IPAs are improving their impact and shaping national development agendas in a wide range of areas, including:
Participants will be equipped to advise their IPAs on specific ways to attract investment which will contribute more effectively to the SDGs, such as:
As part of their participation, IPA participants will develop a strategy for their institution to integrate and align the SDGs along IPA and FDI related functions (promotion, facilitation, after care, planning, monitoring, and evaluation, ...). Other participants will have a better understanding of how to support IPAs to enhance development impacts of FDI.
The ITCILO is part of the UN System and is the training arm of the International Labour Organization. The ITCILO is known for its innovative learning experiences and unconventional methodologies.