A brainstorming discussion was held to the implementation of the ISB Strategy including the roles and responsibilities of various institutions in the implementation process.

Earlier this month, the Cabinet of Ministers green lighted the National Strategy to Promote Inclusive and Sustainable Businesses (ISB Strategy) to achieve the Sustainable Development Goals (SDGs) in Sri Lanka. It provides opportunities to enhance the effectiveness of government strategies to support ISB development by providing a coherent set of actions to promote the development of ISBs through legal and regulatory frameworks, capacity development for integration into local and global supply chains, local and global recognition, partnerships, impact measurement, reporting and improved access to finance.

A brainstorming discussion was held today between the officials of the Sustainable Development Council, Ministry of Industries, National Enterprise Development Authority and Industrial Development Board along with the relevant resource persons to identify the way forward with regard to the implementation of the ISB Strategy including the roles and responsibilities of various institutions in the implementation process.

The ISB Strategy advocates a collaborative approach towards implementation, involving cross-government agency cooperation, private sector engagement, and the involvement of civil society organizations, international partners, and academia