UN Launches SDG Investor Platform

    Wahyu Dwi Anggoro - 15 April 2021 12:58 WIB
    UN Launches SDG Investor Platform
    Illustration (Photo:Medcom.id)



    New York: The United Nations Development Programme (UNDP) and the UN Secretary-General’s Global Investors for Sustainable Development (GISD) Alliance officially launched the SDG Investor Platform on Wednesday. 

    The SDG Investor Platform is an innovative tool to facilitate private sector investments that contribute to furthering the Sustainable Development Goals (SDG).






    According to the OECD’s latest data, developing countries are facing a shortfall of USD 4.2 trillion in the financing they would need this year to keep them on track for the 2030 Agenda for Sustainable Development. 
    Reallocating just 1.1% of the total assets held by banks, institutional investors, or asset managers would be sufficient to fill the gap in SDG financing.

    Building on the SDG Investor Maps – created by UNDP’s SDG Finance initiative SDG Impact - and leveraging on UNDP’s presence in more than 170 countries and territories, the SDG Investor Platform - established in partnership with the GISD Alliance - provides private sector investors with access to country level market intelligence, including on-the-ground insights on the local investment landscape and investor connections.

    "UNDP’s new SDG Investor Platform provides the critical data, insights and tools that investors need to drive new levels of capital towards the Sustainable Development Goals," said UNDP Administrator Achim Steiner in a press release on Wednesday.

    "In doing so, it will also help countries to unlock critical financing that is now needed to build forward better from the COVID-19 pandemic – ultimately advancing the wellbeing of both people and planet," Steiner stated.

    The soft-launch of the SDG Impact Platform took place on the margins of the ECOSOC Forum on Financing for Development and the SDG Investment Fair. 

    (WAH)

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