Over $450 million in pledges, investments as the 2013 Global South-South Development Expo concludes in NairobiListen /
More than $450 million was pledged between investors, green businesses, Governments and other parties at the 2013 Global South-South Development Expo as hundreds of participants exchanged Southern-grown ideas, solutions and technologies throughout the week-long event.
High-level delegates from 150 countries and across the United Nations system gathered at the headquarters of the UN Environment Programme (UNEP) in Nairobi to tackle development challenges by harnessing and exchanging innovative solutions developed in the global South.
Among the many agreements made this week were projects ranging from building organic fertilizer factories and clean energy projects in Kenya to solar power plants in Uganda to green businesses for women in Egypt.
Organized by the UN Office of South-South Cooperation and hosted by UNEP, the Global South-South Development Expo is the world's biggest stage for development solutions created in the South for the South.
The Expo's first Solution Exchange Forum was held under the theme "Building Inclusive Green Economies: Policy Drivers and Best Practices from South-South Cooperation", presented examples of innovative projects in developing countries that are already contributing tangible benefits to the environment, economic development and decent job creation.
Donn Bobb, United Nations.