Strengthening national capacities for enhancing MSME resilience and building forward better to accelerate the implementation of the 2030 Agenda in developing countries participating in the Belt and Road Initiative

Micro-, small and medium-sized enterprises (MSMEs) contribute to achieving the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs).  MSMEs help reduce levels of poverty through job creation and economic growth, they are key drivers of employment, decent jobs and entrepreneurship for women, youth and groups in vulnerable situations, and also make up the majority of the world’s food producers and ensure sustainable food production systems, they play a critical role in closing the gender gap as they ensure women’s full and effective participation in the economy and in society. Despite their noted contributions to the achievement of the SDGs, MSMEs, especially women and youth-owned enterprises, have been hit the hardest by the negative socioeconomic impact of the COVID-19 pandemic. The urgent need to enhance MSME resilience has been prioritized in the General Assembly resolution A/RES/74/270 ‘Global Solidarity to fight the Coronavirus Disease (COVID-19)’ and the Secretary-General’s report ‘Shared responsibility, global solidarity: Responding to the socio-economic impacts of the COVID-19 pandemic’. In accordance with official expressions of interest from pilot countries, the project will support the implementation of integrated and inclusive policy measures that enhance MSME resilience, including building an enabling policy environment and improving capacity and skills among MSME entrepreneurs. It will build the capacity of policymakers to design and implement effective policy measures tailormade to demands of MSME entrepreneurs, as well as improve the capacity of MSME entrepreneurs, particularly women and youth MSME entrepreneurs, expanding their access to financial resources, high-value market opportunities and innovative techniques that enhance resilience. Capacity building workshops, policy dialogue, technical trainings and study tours will be delivered to build the capacities of policymakers to formulate and implement structural transformation initiatives that include MSMEs as well as enhance the abilities of MSME entrepreneurs to access and adopt good practices and innovations conducive for MSME resilience. The project will deliver guidelines, toolkits and knowledge products to disseminate experience and good practices on MSME resilience for building forward better among pilot countries. It will endeavor to develop and promote a community of practice (CoP), targeting policymakers, MSME entrepreneurs and other stakeholders committed to fostering MSME resilience and building forward back from both project pilot countries, as well as countries willing to contribute to the project with their expertise and resources. To ensure its long-term sustainability, the project will leverage existing partnerships with government counterparts, Resident Coordinators’ Offices, UN Country Teams and private sector partners, which DSDG/DESA has built through implementing the current MSME project from 2017. To scale up sustained impact, the project will pursue opportunities to align with inter-governmental process, global and regional initiatives, such as the Africa Continental Free Trade Area (AfCFTA) and Regional Comprehensive Economic Partnership in the Asia-Pacific region, creating synergies and leveraging resources for continued implementation of project achievements beyond its lifecycle. MSME entrepreneurs, in particular women and youth MSME entrepreneurs, are the targeted beneficiaries of this project. Project stakeholders include government authorities, development partners, private sector, civil society and research institutions. Eventually, by enhancing MSME resilience, the project will expand MSME contribution to shared prosperity, sustained, inclusive and equitable economic growth, sustainable patterns of production and consumption, reductions in inequality, and solidarity and cooperation among countries participating in the Belt and Road Initiative.