GLOBAL VALUE project will develop and test a framework and toolkit for assessing and managing the impacts of MNCs on global development challenges. The business sector is an important partner in tackling global development challenges. The European Commission and the United Nations started to call for private sector accountability for their impacts. However, comprehensive frameworks that would help MNCs to better understand and manage their impacts both locally and along their international supply chains are still lacking. GLOBAL VALUE is a response to this need. Drawing on the expertise of 12 consortium partners from Europe, Africa and Asia and collective wisdom of an online Expert Crowd, GLOBAL VALUE will deliver a comprehensive and tested framework for measuring and managing the impacts of MNCs on global development.