IE University and the International Chamber of Commerce join forces to strengthen multilateralism
Leveraging the unique networks of both institutions across the private sector, academia, and the multilateral system, the “Rethinking Multilateralism: A New Role for the Private Sector” project aims to promote pragmatic and inclusive pathways to respond to global challenges.
The growing threat of fragmentation, the need to secure over US$1 trillion of sustainable finance to meet the Paris Agreement and rising trade frictions present major global challenges. Rethinking the role of multilateralism in addressing these global issues and advancing sustainable development goals is more urgent than ever.
ICC Secretary General, John W.H. Denton AO said: “International organizations need to realize that the private sector has so much more to offer beyond funding in efforts to advance sustainable development and prosperity around the world. We know things can be done better, so now we need to find practical ways to make change happen.”
The “Rethinking Multilateralism” project, led by an ICC-IE University Steering Committee, will provide insights and capacity-building opportunities. The two partners believe that tackling global challenges requires the private sector as a true partner in multilateral efforts, with stronger collaboration across sectors capable of delivering practical solutions.
IE University Provost Manuel Muñiz said: “IE University, as a catalyst for change, aims to strengthen the private sector’s role in multilateralism through this project with ICC, fostering an inclusive, pragmatic model that leverages innovation and knowledge to address global challenges and drive sustainable development.”
Since 2019, ICC and IE University have developed a range of programming together, including executive master’s programs, field trips to the ICC Court of Arbitration and ICC Global Headquarters in Paris, and capstone projects for students.
About the International Chamber of Commerce
The International Chamber of Commerce (ICC) is the institutional representative of more than 45 million companies in over 170 countries. ICC’s core mission is to make business work for everyone, every day, everywhere. Through a unique mix of advocacy, solutions and standard setting, it promotes international trade, responsible business conduct and a global approach to regulation, in addition to providing market-leading dispute resolution services. Its members include many of the world’s leading companies, SMEs, business associations and local chambers of commerce.