Unlocking the Social Economy 2025

Page 26 of 33 · WEF_Unlocking_the_Social_Economy_2025.pdf

3.7 Public-private sector collaboration Economic equity dimension: All Lastly, but perhaps most importantly, is the need for joint planning as part of an ecosystem’s approach to change. Social enterprises, governments and private companies are often all tackling different challenges related to equity in the green and digital transitions. Private companies regularly have a direct stake in addressing these challenges as they search for skilled employees or look to enter emerging markets. Through public-private sector collaboration, policy- makers can make a concerted effort with key community stakeholders to address barriers to participation in the green and digital transitions. South Pacific Connect Initiative in Fiji BOX 14 The government of Fiji established a partnership with Google to reduce the digital divide and enhance the capacity, resilience and reliability of digital connectivity across the Pacific. The initiative establishes a new subsea cable link to the US, Fiji, Australia and French Polynesia. Google will also construct diverse cable landing stations in Fiji and connect them with an interlink cable that will connect transpacific routes, improve reliability, add capacity and reduce latency for users in the Pacific and around the world. Source: Office of the Prime Minister of the Republic of Fiji. (2023). Prime Minister Rabuka Announces Partnership with Google to Establish a Major Subsea Cable. https://www. pmoffice.gov.fj/27-10-23/. Unlocking the Social Economy: Towards Equity in the Green and Digital Transitions 26
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