|Emirates Foundation signs up to the OECD Global Network for Foundations |
|OCT 03, 2012 |
|Facilitates Program Working Session at Launch Meeting |
Abu Dhabi, UAE, October 3, 2012 : Emirates Foundation for Youth Development, an independent, philanthropic organisation set up by the Abu Dhabi government to create public-private partnerships aimed at improving the welfare of the nation's youth has become a member of the newly formed Foundation Network of the Organisation for Economic Co-operation and Development (OECD). The Foundation is playing an active role at the launch meeting of the Network being held at the OECD’s headquarters in Paris, France.
Clare Woodcraft, CEO, Emirates Foundation is chairing one of the key sessions during the one day event, with a view to building consensus among members of the network on their core program focus. The session, entitled “OECD Development Centre Global Network of Foundations Programme of Work 2013” will aim to discuss the new membership’s aspirations for the network and develop a practical working program of activities for the coming year. Mrs. Woodcraft will be facilitating the discussions between members and will aim to ensure input from all and a robust consensus on the final direction for the newly established network.
“Emirates Foundation, as one of the founding members to the OECD’s Global Network of Foundations, is delighted to be able to take this facilitation role and excited about hearing from other members, about their work and their aspirations for the network,” said Woodcraft. “We are proud to be part of this new pioneering network and keen to learn from our peers about international best practice, how foundations can best create social value and how we can all work collaboratively to improve impact. This network will be invaluable in terms of guiding the future direction of our program and how we collaborate with other enterprise based foundations, globally.”
The Global Network for Foundations was created by the OECD Development Center to enhance policy dialogue with relevant actors in the sector. The Network builds on the Development Center’s strong tradition of facilitating dialogue between and among diverse stakeholders, including public, private and civil society representatives. The Center’s dialogue platforms enable knowledge sharing and peer learning that contribute to improved understanding, design and impact of development policies.
Headquartered in Paris, The Network currently comprises some 15 foundations spanning five continents. The Network members will be geographically diverse and it aims to become an instrument informed by research outcomes from both foundations and the Centre, providing feedback to deepen ongoing research and help refine policy recommendations.
“We believe that being a member of this exceptional global network will reflect on our work locally and help us further refine our new business model of venture philanthropy. We also think it’s an excellent opportunity to learn from others parts of the world about how some of our peers are addressing youth development – a subject that is extremely pertinent across the Middle East and beyond”, added Woodcraft.