Business for Millennium Development Summit

Australian businesses are being called upon to extend their core business into developing countries in a bid to eradicate poverty and meet the United Nations’ Millennium Development Goals (MDGs) at the Business for Millennium Development Summit in Melbourne on Friday October 24 2008.

The Millennium Development Goals were developed by the United Nations (UN) in 2001 to provide a framework for the elimination of the major issues facing those living in extreme poverty, with targets set for each goal to be reached by 2015.

The Business for Millennium Development Summit 2008 will bring together business leaders to consider opportunities they can apply their core business skills in commercially viable forms to alleviate poverty in the Asia Pacific region and beyond. Businesses attending the Summit will discuss ways in which they can adapt their businesses to new, developing markets, seek advice on creating new opportunities by aligning themselves with the MDGs and learn from companies which have already begun business with the poor in developing nations.

B4MD was established in May 2007 to encourage awareness amongst Australian businesses of the MDGs and to align their businesses to support achieving these goals. According to the International Business Leadership Forum and the World Business Council for Sustainable Development, without the contribution of the business community, it is unlikely the MDGs will be achieved by 2015.

The MDGs are also endorsed by the Federal Government. The Australian Prime Minister, the Hon. Kevin Rudd MP, will attend the United Nations Millennium Development Summit in New York on 25 September, as well as the B4MD Melbourne Summit next month.

For more information about the B4MD Summit, visit

Oct. 03, 2008

 Tags: general, events

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