An estimated $5-7 trillion a year is needed to realise the 2030 agenda for sustainable development worldwide.
The international community has made it clear that the private sector plays and will continue to play a fundamental role in the realisation of this agenda, and for the delivery of the Sustainable Development Goals (SDGs) in the years to come.
Together, the UN Global Compact, the UN Environment Finance Initiative (UNEP-FI) and the Principles for Responsible Investment (PRI) constitute the largest networks of private and financial sector constituencies — corporates, investors, banks and insurers — dedicated to promoting the SDGs.
With the Global Alliance on SDG Finance, we are joining forces with three distinct but highly complementary platforms on SDG finance, providing a comprehensive set of solutions to mobilise private capital in achieving the global goals:
- UN Global Compact Financial Innovation for the SDGs
- UNEP-FI Principles for Positive Impact
- PRI Blueprint & Advisory Group on the SDGs
Together we have the capacity to:
- EDUCATE. Bring clarity to different private sector players on the business relevance of sustainable development.
- ENGAGE. Facilitate dialogue between key stakeholders in the pursuit of SDG business and finance solutions.
- OPERATIONALISE. Provide standards, frameworks and innovative solutions to operationalise the transition to an impact-based economy.
Activities
Each platform contributes to a common set of critical solutions in mobilising private capital for the SDGs. This includes:
- Investment case for the SDGs
- Definitions and frameworks to “qualify” financial products and activities under the SDGs (principles, reporting, benchmarking)
- Guide to incorporate the SDGs in investment decisions (asset allocation, financial analysis and engagement)
- Research and analytics
- Map of innovative financial products for the SDGs
- Lab for development and testing of new solutions
Who we work with
- Investors: Asset owners and investment managers in search of profitable investments and impact aligned with the SDGs
- Financial institutions: Banks, insurance and investment companies – looking to develop a market for SDG investments
- Companies: Real economy companies looking to finance and scale their activities in support of the SDGs
- International organisations, states and municipalities: To blend public and private finance for the SDGs
Description of the platforms
UN Global Compact Financial Innovation for the SDGs
This UN Global Compact Action Platform will bring together a multi-disciplinary group of finance practitioners and experts to develop innovative financial instruments that have the potential to direct private finance towards critical sustainability solutions. The platform will develop guidance on impact investment strategies that support the SDGs, map current and emerging financial instruments, and provide a laboratory for the development of new innovative instruments. Ultimately, the goal is to improve the risk/return profile of SDG investments to attract institutional investors.
UNEP-FI Principles for Positive Impact
The Positive Impact initiative is a collaborative movement started by UNEP FI member banks and investors to foster the impact-based business and financing paradigm we need in order to achieve a sustainable world and the SDGs in particular. Through the Principles for Positive Impact Finance, the Initiative promotes a holistic yet practical framework for financial institutions and their stakeholders to identify, promote and communicate positive impact for sustainable development. Through its Working Groups, it aims to pursue an open-source research and development approach to materializing its vision for an impact-based financing paradigm.
PRI Blueprint & advisory group on the SDGs
The PRI has made the SDG agenda an intrinsic part of its next 10-year Blueprint for Responsible Investment and formed an Advisory Group to help align signatory investment decisions and PRI’s work with the SDGs, including:
- PRI Blueprint and SDG work programme
- The SDG investment case
- Guidance on incorporation of SDGs in asset allocation
- SDGs and active ownership
- SDGs, KPIs and performance measurement
Partners
- United Nations
- UNEP Finance Initiative
- PRI
Contact information
Kris Douma
Director of Investment Practices and Reporting, PRI.
Careen Abb
Programme Lead, Positive Impact Finance, UNEP Finance Initiative
Jerome Lavigne-Delville
Senior Manager, Financial Innovation for the SDGs, UN Global Compact