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UNDP and GISD Alliance launch 'SDG Investor Platform'

  • Posted By
    10Pointer
  • Categories
    Economy
  • Published
    16th Apr, 2021

Context

The United Nations Development Programme (UNDP) and the UN Secretary-General's Global Investors for Sustainable Development (GISD) Alliance launched the 'SDG Investor Platform.

About the 'SDG Investor Platform'

  • Innovative:It is an innovative tool to facilitate private sector investments towards the Sustainable Development Goals (SDG).
  • Map-based: It is being built on the SDG Investor Maps which was created by UNDP's SDG Finance initiative SDG Impact.
  • Significance:This platform provides access to country-level market intelligence to private sector investors with on-the-ground insights on the local investment landscape and investor connections.

SDG Investor Maps

  • It is a unique tool that allows investors to identify the impact areas which can become game-changer.
    • It was created by UNDP's SDG Finance initiative SDG Impact.
  • To date, it has identified over 200 investment opportunities in around 14 countries covering a wide range of sectors including food and beverage, healthcare and infrastructure, etc.
  • The production of SDG Investor Maps is expected to grow further in 2021 and 2022 across all continents.
  • It provides the critical data, insights, and tools, which are required to drive investments towards Sustainable Development Goals.
  • It will also help countries to unlock critical financing to advance the well-being of both people and the planet.
  • It will help to understand and target investor needs and to connect with other funds and instruments.
  • The platform will help in aligning their investment decisions with the SDGs.
  • It will increase the transparency in the investment process.

Global Investors for Sustainable Development (GISD) Alliance

  • It is made up of 30 CEOs, recognized leaders of major financial institutions and corporations spanning all the regions of the world.
    • It was started in 2019.
  • The focus of the Alliance is to deliver concrete solutions to scaleup to long-term finance and investment in sustainable development.
  • GISD’s work is supported by a Strategy Group appointed by the CEOs and by United Nations system partners coordinated by UN DESA.

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