Funding Culture, Managing the Risk

UNESCO Symposium

Funding Culture, Managing the Risk
  • © UNESCO

“Culture is like a golden hen: it will only lay golden eggs if it is fed”
(A. Godonou)

The symposium held on 16-17 April brought together leading experts in development, cultural financing, decision makers and cultural entrepreneurs for a dynamic two days of discussion on the challenges and opportunities of investing in culture in developed and developing countries.

If you would like to watch the symposium, please click on these links for the webcasts of the three round tables: Round Table One, Round Table Two and Round Table Three

A number of messages were articulated. Panelists and participants called for innovative approaches to funding and financing the culture sector. It was emphasized that they would combine macro and micro levels. Decision makers need also to address the long-term infrastructural needs of the cultural and creative sector and increase investments in order to provide sounder foundations for growth and development. Actions such as: professionalization of entrepreneurs, long-term political will at national and international levels, increased coordination and partnerships between private and public sectors were expressed.

The symposium attracted over 100 participants. Lively exchanges followed each round table’s presentation between participants and panelists. The symposium benefited from the expert presentations of its panelists, who included Jean-Michel Debrat (Deputy Director-General at the French Development Agency, AFD), Ganiou Soglo, (Minister of Culture, Republic of Benin), Jean-Claude Boidin (Directorate General for Development, European Commission), Luciane Gorgulho (Brazilian Development Bank), and Frédéric Bouilleux (Organisation Internationale de la Francophonie). See programme

Next Steps
The webcast of the symposium is available here. UNESCO intends to advocate the symposium’s messages at key policy meetings this year when the role of culture to development will be examined, namely the the International Seminar on Culture and Development (Gerona, May 2010), taking place under the Spanish Presidency of the EU, and the UN Summit on the Millennium Development Goals (New York, September 2010).

Despite culture’s great potential for socio-economic development and poverty reduction, it remains marginalized in development policies and programmes. Furthermore, the sector suffers from a lack of access to funding, especially in developing countries, due to the perception, often based on false premises, that such investments are more risk-prone. More

Online discussion
As a prelude to the symposium, UNESCO organized an online discussion which examined some of the key themes discussed at the meeting. More

Related links
Click here to find links related to the theme of the symposium. More

If you desire more information concerning this Symposium, please contact us by email.

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Proceedings of the "Funding Culture, Managing the Risk" Symposium
Executive Summary of the Symposium