The World Forum of Local Economic Development (WFLED) is part of an open working process that brings together a strong multi stakeholder coalition of engaged governments, national and international organizations, who acknowledge the potential of the local economic development approach and jointly work to advance the debate and strengthen a global partnership for concrete actions. It enables concrete cooperation and joint actions that can help landing the new 2030 Agenda for Sustainable Development at the local level.
A Large Coalition of Partners
The WFLED is a multi-stakeholder coalition aiming at promoting the local economic development approach and advancing the policy debate and strengthen global partnerships for concrete actions at local, national and international level. Since the start of the process, an ever-increasing number of organizations, often of very different nature, have joined the process bringing their perspectives, experiences and knowledge to jointly fight poverty and inequalities and to promote employment and decent work.
A Platform for Dialogue and Cocreation
The WFLED has established itself as the main platform to capitalize accumulated experiences in LED, in order to explore the relevance and applicability of different models, tools and practices. It encourages multi stakeholder partnership and coordinated action at the global, regional and local levels. The overarching aims is to promote the 2030 Agenda and to address challenges associated with the implementation of the Sustainable Development Goals (SDGs) at the local level. To this end, the WFLED promotes knowledge exchange, learning and co-creation of inclusive local economic development policies.
Over the years, the forum process has achieved impressive results:
- Consolidated LED as an important conceptual framework to promote the formulation and implementation of local level policies for sustainable local development including a focus on decent work.
- Established a strong multi-stakeholder alliance of national and local Governments, Associations of LRGs, private sector, civil society and academia.
- Linked LED with the SDGs and the local implementation of the 2030 Agenda.
- Promoted the strategic value of integrated LED frameworks as means for the localization of the SDGs.
- Promoted alternative and more inclusive economic models, like Social and Solidarity Economy, Circular Economy or Green Economy, etc.