Over the last few decades, the world’s economy has become truly global, interdependent and interconnected, with trade playing an increasingly important role. Economic transformation took place at an unprecedented speed, traversing national boundaries like never before. As a result, hundreds of millions of people have been lifted out of poverty, and developing countries are becoming engines of growth despite the challenges they are facing. Trade, investment and innovation, as well as entrepreneurship, will remain key drivers of economic transformation for inclusive and sustainable growth.
UNIDO’s Department of Trade, Investment and Innovation (TII)
... strategically combines its own range of services in order to help countries develop competitive manufacturing capabilities, improve conformity with market requirements and connect to international markets. Furthermore, TII offers specialized support to successfully achieve the Sustainable Development Goals (SDGs), in particular the industrial development targets. The Department provides policy advisory services and promotes analytical research. In addition, TII facilitates the information-sharing and the exchange of knowledge among its public and private stakeholders through different global forum mechanisms, such as expert group meetings, seminars and conferences. Building on UNIDO’s strong convening function, these scalable events offer a platform for the exchange of expertise among likeminded partners. Special emphasis is placed on UNIDO’s normative function by promoting standards and quality-related activities to create shared values.
In full consultation with public and private partners, TII designs and implements holistic interventions that are tailored to specific country needs. TII interventions actively identify and combine complementary services from across six strategic thematic areas:
IMPROVING THE BUSINESS ENVIRONMENT
Create and maintain an operating environment that stimulates inclusive and sustainable industrial development
INDUSTRIAL MODERNIZATION AND SME CLUSTERING
Enhance the competitiveness of SMEs, accelerate industrial modernization and develop linkages to sustainable supplier networks
MOBILIZING RESPONSIBLE INVESTMENT AND SUSTAINABLE TECHNOLOGIES
Increase investment and technology flows to stimulate sustainable economic growth for job creation
Prepare countries to reap benefits of Industry 4.0 by scaling-up innovation and fostering entrepreneurship
PROMOTING QUALITY AND STANDARDS
Ensure quality and conformity with standards and market requirements for enhanced competitiveness and integration into global value chains
Improve the movement of goods across national borders to facilitate connectivity to global markets