MIND OUR BUSINESS The transformative power of sustainable and inclusive business models


2:00 pm / 3:30 pm UTC+1

1 December 2020, 14:00 – 15:30 CET


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As COVID-19 continues to rage across the globe and we all await the arrival of a vaccine, CONCORD,

FTAO and Cooperatives Europe believe we should use this time to fundamentally rethink and rebuild

our current systems better. Current economic and business models have proven to be brittle and

unsustainable, while viable and resilient alternatives capable of pursuing simultaneously social,

environmental, economic and governance goals, should be supported, scaled up and become

mainstream. Only then will we be able to coherently address the massive setbacks in our progress

towards achieving the Sustainable Development Goals.

With the political priority to construct an economy that works for people, the upcoming European

Social Economy Summit and Action Plan and human rights due diligence and sustainable corporate

governance legislation, European political leaders seem to share this reflection. Over the coming

months, unique opportunities present themselves to integrate these ambitions also in the EU’s

external action. The EU is agreeing on its 2021-2027 external funding instruments and programmes,

its Team Europe initiatives and responses to COVID-19. The EU is reviewing its trade policy, agreeing

on a new relationship with African Caribbean and Pacific States and will continue to shape its

bi-regional partnership with Africa. High time to discuss with key decision-makers, civil society,

business and partner country representatives how to make the most of these opportunities, which

we simply cannot miss!

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