United Nations network signs landmark impact investing agreement

The United Nations Development Programme (UNDP) and the Global Steering Group for Impact Investment (GSG) have agreed a joint plan to focus capital and solutions towards the UN Sustainable Development Goals (SDGs).

GSG will work in tandem with SDG Impact, a UNDP initiative that accelerates progress towards the SDGs through adoption of global SDG Assurance Standards that provide guidance on how investors and enterprises contribute to the SDGs.

In addition, the initiative has developed new ‘SDG Investor Maps’ that translate country-level data collected by the UN system into investment facing opportunities.

The announcement of the partnership was made last week at the GSG Summit in Buenos Aires.

“UNDP and GSG pledge joint working to unlock billions of dollars for people and the planet,” said Ulrika Modéer (pictured above), UNDP assistant administrator and director of the Bureau of External Relations and Advocacy.

“Our new partnership with the GSG will help connect key market players, provide needed clarity and tools to catalyse capital investment flows to the Sustainable Development Goals and unlock billions of dollars for the benefit of people and the planet.”  …