Promote Eastern European countries to achieve Inclusive and Sustainable Industrial Development

The Eastern European Industrial Development Organization (EEIDO) actively follows the mission of the United Nations Industrial Development Organization, making the promotion of inclusive and sustainable industrial development in all countries a priority in our work, as set out in the Lima Declaration adopted by the Fifteenth Session of the UNIDO General Conference in 2013, as well as the Abu Dhabi Declaration adopted at the Eighteenth Session of the UNIDO General Conference in 2019.

Inclusive and sustainable industrial development (ISID) is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides the technological solutions to environmentally sound industrialization. Technological progress is the foundation of efforts to achieve environmental objectives, such as increased resource and energy-efficiency. Without technology and innovation, industrialization will not happen, and without industrialization, development will not happen.

“Inclusive” in this context means that industrial development must include all countries and all peoples, as well as the private sector, civil society organizations, multinational development institutions, and all parts of the UN system, and offer equal opportunities and an equitable distribution of the benefits of industrialization to all stakeholders. The term “sustainable” addresses the need to decouple the prosperity generated from industrial activities from excessive natural resource use and negative environmental impacts.

ISID therefore implies that no one is left behind and all parts of society benefit from industrial progress, which also provides the means for tackling critical social and humanitarian needs.

Over the past few years, the international community has made a quantum leap in advancing new approaches to accelerate progress and pave the way for a more ambitious, inclusive and universal development framework beyond 2015. While industrialization was not factored into the Millennium Development Goals framework, inclusive and sustainable industrialization now features strongly in the 2030 Agenda for Sustainable Development.

ISID enhances and reinforces economic growth and diversification in a socially inclusive and environmentally sound manner, guided by four overarching principles: