At the 2022 B20 Summit in Bali, Indonesia, political and business leaders repeatedly emphasised the imperative for all sectors of society to work together to address problems that affect us all. Chief among those problems are corruption and unfair business practices, which stand in the way of achieving a strong pandemic recovery and each and every of the Sustainable Development Goals (SDG).

Chaque année, les flux financiers illicites, dont la corruption est une composante majeure, font perdre environ 88,6 milliards de dollars (3,7 % de son PIB) à l'Afrique. La lutte contre ce fléau est un effort collectif et le secteur privé a un rôle majeur à jouer dans la promotion d'un environnement économique prospère et d’un développement durable du continent.

This blog by Liza Young, Project Associate for Collective Action in the Basel Institute’s Private Sector team, draws on her newly published Policy Brief in English and French on how anti-corruption Collective Action can help West African coastal states achieve their development potential.

Africa is estimated to lose an unbelievable USD 88.6 billion (3.7% of Africa’s GDP) each year to illicit financial flows, of which corruption is a major component. Rooting out corruption is a collective effort, and the private sector has a major role to play in laying down the foundations for clean business environments and sustainable development.

A delegation from the Basel Institute will attend the International Anti-Corruption Conference (#IACC2022) in Washington DC on 6–10 December 2022. 

We will be distributing some of our recent publications and are looking forward to meeting our friends, partners and hopefully future partners in anti-corruption. 

Please see this summary of plenary sessions and panels we are leading or involved in, plus details of how to meet us there.

This is the second edition of a publication, jointly published by the Global Compact Network Colombia, Alliance for Integrity and UNODC. It presents best practices that demonstrate the commitments of Colombian companies under the Global Compact to contribute to transparency and integrity in the country.

The rapid expansion of anti-corruption Collective Action is offering businesses, governments and civil society groups powerful ways to enhance business integrity and create fair business conditions. What does Collective Action look like in practice? What benefits does it bring, what is success, and how do you measure it? And what should we expect from each other in these multi-stakeholder initiatives?

This article by Scarlet Wannenwetsch appeared in the September issue of InMagazine, published by the TEID Ethics & Reputation Society.

It covers the 4th International Collective Action Conference in Basel, Switzerland, and the Basel Institute's Mentoring Programme for civil society/non-profit organisations working together with the private sector to address corruption challenges.