This document provides an overview of the Business Action for Sustainable Development's (BASD) perspective on the two main themes of the upcoming Rio+20 Conference: 1) green economy in the context of sustainable development and poverty eradication, and 2) institutional framework for sustainable development. The BASD argues that the private sector has a key role to play in helping achieve sustainable development goals. They outline 10 key points that should be addressed in the Rio+20 outcome related to catalyzing private sector action toward a green economy. They also provide 4 points related to improving the international institutional framework for sustainable development.