WEBVTT 00:00.240 --> 00:04.040 What international cooperation and private companies both need 00:04.360 --> 00:05.920 is stability. 00:06.600 --> 00:11.520 Economic stability, political stability and environmental stability. 00:11.760 --> 00:14.640 Shaping a better future together with the private sector 00:15.160 --> 00:16.600 What does that mean in real terms? 00:16.720 --> 00:18.560 Take raw materials, for example. 00:18.720 --> 00:21.080 In international cooperation, we want 00:21.240 --> 00:24.520 sustainable production of raw materials and sustainable mining 00:24.760 --> 00:27.480 that contributes to local value creation. 00:27.640 --> 00:30.600 At the same time, companies are interested in raw materials. 00:30.600 --> 00:34.200 They need raw materials for their supply chains and production lines. 00:35.080 --> 00:36.680 Or take skilled labour. 00:36.840 --> 00:39.480 There is a big demand for skilled workers in Germany. 00:39.640 --> 00:42.240 At the same time, international cooperation is very interested in 00:42.560 --> 00:45.240 training people so that they can find 00:45.400 --> 00:48.400 good jobs in their own country. 00:48.600 --> 00:51.200 Or the topic of open access to markets. 00:51.360 --> 00:54.040 Companies need open access to markets 00:54.200 --> 00:56.600 in order to grow and generate revenue. 00:56.760 --> 01:00.320 In international cooperation, we need markets 01:00.560 --> 01:02.640 to be accessible so that economic growth can occur locally, 01:02.800 --> 01:06.720 contributing to sustainable economic and ecologically sound development. 01:07.160 --> 01:10.040 What does GIZ offer? 01:10.960 --> 01:13.960 GIZ offers longstanding experience at local level, 01:14.400 --> 01:17.120 with partnerships, networks 01:17.280 --> 01:21.520 and extensive know-how in international cooperation topics. 01:21.680 --> 01:22.880 We’ve been working in these areas 01:22.880 --> 01:25.880 for many years and we have a lot of expertise. 01:26.240 --> 01:27.280 We are valued 01:27.280 --> 01:30.440 as a trustworthy partner for project implementation. 01:31.000 --> 01:33.800 You can see this, for example, in the Indo-German 01:33.800 --> 01:36.800 Platform for Investments in Renewable Energies Globally, 01:37.160 --> 01:40.680 where we link up German companies and expertise 01:40.840 --> 01:45.040 with India’s energy transformation needs. 01:45.200 --> 01:48.400 In this way, we are contributing to progress in both India 01:48.560 --> 01:49.640 and Germany 01:49.680 --> 01:52.680 in the field of sustainable development and renewable energy. 01:53.000 --> 01:56.000 Or there’s the example of the Triple Win expert recruitment programme, 01:56.600 --> 01:59.600 in which our International Services business 01:59.600 --> 02:01.400 area is commissioned directly by German hospitals 02:01.400 --> 02:04.120 to secure the services of skilled workers for the German labour market. 02:04.280 --> 02:07.680 This benefits both Germany and our partner countries. 02:08.320 --> 02:11.920 What is special about GIZ? 02:12.920 --> 02:15.800 We’ve been cooperating with the private sector for 25 years – 02:15.960 --> 02:19.680 with large corporations, with SMEs and with young start-ups. 02:19.840 --> 02:22.840 In other words, we know the needs of the companies and organisations, 02:23.080 --> 02:25.680 and the companies and organisations know us. 02:25.840 --> 02:30.040 One example: we’re cooperating in the THAI Rice project in Thailand, 02:30.080 --> 02:34.240 using relatively modest state funding of just under EUR 2 million 02:34.400 --> 02:37.600 to leverage some EUR 40 million of private investment. 02:38.000 --> 02:41.400 The project’s objective is to ensure sustainable rice cultivation 02:41.720 --> 02:44.920 that meets both ecological and economic needs. 02:45.440 --> 02:47.960 In the CATAL1.5°T project, we’re supporting 02:47.960 --> 02:51.640 innovative start-ups in driving their projects forward. 02:52.200 --> 02:55.560 Their innovations contribute to sustainable development 02:55.800 --> 02:58.360 and climate action, 02:58.520 --> 03:01.880 because all the projects being developed entail ideas and concepts 03:02.280 --> 03:05.240 that lead directly to a reduction in CO2 emissions. 03:05.400 --> 03:09.520 A third example relates to financing and investment. 03:09.800 --> 03:12.280 We work with state-owned and private banks 03:12.360 --> 03:14.360 and insurance companies and with investors 03:14.640 --> 03:17.240 in order to generate funds for development projects. 03:17.680 --> 03:19.240 In doing so, 03:19.240 --> 03:22.800 we ensure that the funds are used in a sustainable 03:22.960 --> 03:24.280 and targeted manner and that private capital 03:24.280 --> 03:27.240 can be utilised in the public interest. 03:27.400 --> 03:29.240 Our goal for the future is 03:29.600 --> 03:33.320 to serve German, international and local interests. 03:33.880 --> 03:37.560 This will strengthen economies locally as well as our own.