Marketplace

Marketplace History

The Marketplace concept originated in Holland, and has been adapted to and implemented in many parts of the world. It has been very successful in Europe and an adapted version of Marketplace was implemented by the World Bank in China in 2006.

The world wide recognition of Marketplace tells us that we, as a global society, are getting serious about corporate social responsibility. Marketplace allows us to do much more than ‘tick the box’ of corporate social responsibility. It allows us to be active in our communities, to make a genuine difference and to truly touch lives in need.

Corporate Social Responsibility (CSR) Europe began CSR Marketplace in Brussels in 2005. This version of marketplace involves business representatives exchanging ideas and learning about corporate social responsibility.

“With the European Roadmap for Businesses, the time is ripe for business leaders to make a commitment to deliver a more sustainable and competitive enterprise. Thereby, our ambition is clear: Europe’s business leaders and policy makers must work together to achieve a responsible, innovative and inclusive Europe”.
Viscount Etienne Davignon, President of CSR Europe

(Source:www.csreurope.org)

 

The first China Development Marketplace, initiated by the World Bank in partnership with a number of government, multilateral and bilateral, and private sector organizations, was held in 2005-06, with an aim to promote civil society development in China. In the course of 10 months, the China DM received 975 proposals from NGOs all over country and mobilized over US$650,000. 30 winners were selected and received grants up to $30,000. The winners proposed reducing poverty through a range of different approaches. Some winning ideas include supplying environmentally sustainable biogas to single mothers in Hubei province; creating support networks for waste collectors in Shenzhen province; and training Muslim children of poor herdsmen in Xinjiang with vocational skills using a creative combination of microcredit and apprenticeships.

(Source: www.developmentmarketplace.org.cn).

 

In Albania, the 1st marketplace was held in 2006 and was attributed to USAID’s rule of law project which centred on fighting corruption throughout the country. According to Gerald Meyerman, Chief of Party for USAID’s Rule of Law project, the right strategies to fight corruption and to foster transparent and accountable governance need to be tailored to local realities and culture. The best way to achieve this is by inviting community groups and NGOs to propose innovative ideas that deliver results at the local or national level. The project’s first call for proposals resulted in submissions from 144 NGOs across Albania, of which 54 were selected to compete as finalists and exhibit proposals at the event. Twenty-five finalists were organizations from outside the capital city, Tirana. Winners were selected by public voting (20%), technical evaluations (40%) and a panel of judges (40%). Each finalist received a certificate of participation; the 31 winners were given plaques and a commitment from USAID’s Rule of Law program to help develop and ultimately, fund, their proposals in accordance with USAID regulations and grant award procedures.

(Source: http://www.usaid.gov/locations/europe_eurasia/press/success/2007-01-02.html)

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