Ideas competition for strategic approaches for promoting Cooperation between the private sector & Development Cooperation
German development cooperation efforts work in close cooperation with the private sector. Development policies bring interests into accord, such as through the mobilization of private capital and expertise for developmental purposes. Development cooperation can have an impact on improving the basic conditions for private sector engagement, thereby influencing the formation of vital, attractive and fair economic areas in developing countries. In short: Sustainable development creates sustainable markets. In the context of idea competitions, companies work out solutions for local energy sectors such as standards, norms, pilot projects and innovative business models. Idea competitions help projects get off the ground quickly through identifying strategic approaches to cooperation between the private sector and the development aid sector.
This project focuses on the mobilization, screening and identification of approaches from the global CEFE network. Therefore CI provides services as follows: preparation and conduction of idea contest including supervision of participating organizations/ evaluation of the results and handover of final concept designs.