Impact investors must proactively target 2030 Sustainable Development Goals to help address a massive global funding gap
Press Release – NEW YORK, September 6, 2018 – The Global Impact Investing Network (GIIN) today published a new report, ‘Financing the Sustainable Development Goals: Impact Investing in Action’, that reiterates the need for impact investors to raise and direct new capital to help meet the United Nations’ Sustainable Development Goals (SDGs) by 2030. With an estimated $5-7 trillion needed annually to achieve the goals, it is clear that more capital, deployed by investors whose aims align with these goals, is an absolute requirement. The report, released in advance of the agenda for the UN’s Global Goals Week, Sept. 22-29, showcases the potential for impact investing to catalyze progress towards these goals.
A series of case studies illustrates the evolution of increasingly sophisticated and targeted approaches by impact investors directing capital towards the SDGs. From designing investment products around one or several SDGs to making those goals a focus of their capital raising, the investors in the GIIN report show how to proactively target and incorporate them throughout the investment cycle. This includes during sourcing and due diligence, investment selection and structuring, investment management, and exits.
“The SDGs are an embodiment of the global agenda for development, and if we are to meet them by 2030, the collective effort of governments and private organizations needs to scale at a much faster pace. Despite some early progress, the need is more urgent than ever to inject new capital into high-impact businesses that address critical social and environmental challenges,” said Amit Bouri, CEO and Co-Founder of the GIIN. He added, “Through these case studies, we are highlighting investors and their strategic approaches to the SDGs, which we hope will inspire those in the investment community to consider how they too can take active roles in helping achieve these goals.”
The investors featured in the report, many of which target market rates of return, include:
“What we see in these examples is a proactive, focused approach to the SDGs,” said Bouri. “It isn’t enough now to simply “tag” relevant investments to SDG issue areas, although this is a good first step. What the world urgently needs is significantly more investment capital being channeled to these social and environmental priorities. The SDGs have been called ‘the world’s hardest to do list’, but with the help of leaders in the private capital markets, they may be achievable.”
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