Partnerships
International cooperation aims to create mutually beneficial partnerships that address global challenges such as peace, security, climate change, biodiversity, and health. These partnerships involve governments, civil society, the private sector, and multilateral organisations. Belgium seeks to use its development policy to tackle poverty, inequality, and instability, while promoting democracy and the rule of law. Cooperation through entities like BIO, Enabel, and NGOs will help strengthen local economies, social protection, and decent work. Belgium will also leverage the expertise of its private sector, particularly in areas like logistics, sustainable energy, and vaccine production, through the Global Gateway strategy. This collaboration aims to support Belgian businesses and maximise opportunities for both Belgium and its international partners.
Maxime Prévot, Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation
Alongside 11.11.11, Enabel, NGO-Federatie, CNCD-11.11.11, and Acodev, I supported the call for Belgium to keep investing in international cooperation, including private sector development.
Every day, countless Belgian organizations are putting development cooperation into action. They are focused on finding the most effective solutions, adapting to new needs, and learning from their experiences. Each one brings its own approach, knowledge, and expertise, which makes them all the more powerful in the fight against poverty and inequality.
Joris Totté, CEO BIO
The SDG Frontier Fund (SDG FF) is a Belgian investment vehicle focused on generating positive social and environmental impact alongside financial returns.
While the Belgian State is BIO's sole shareholder, the company recognises its accountability to a broader community. This includes Belgian taxpayers, civil society organisations, and fellow impact investors. BIO actively fosters collaboration with these stakeholders to maximise its impact on development goals.
Entrepreneurship creates sustainable economic growth and jobs. European Development Finance Institutions support entrepreneurs and enter markets where few others dare to tread, providing long-term financing at market-oriented rates.
In 2024, BIO experienced some important changes that set the stage for its next phase of growth and impact.