“Previous sector-focused policy-making or a goal-by-goal approach will not achieve the 2030 Agenda for Sustainable Development or its SDGs. Stronger integrated planning, strategic thinking and policy integration will be crucial for Governments to define the best SDG implementation mix at the local level.”
Repositioning the UN development system to deliver on the 2030 Agenda – Ensuring a Better Future for All: Report of the Secretary-General, July 2017
The Positive Impact Initiative invites banks, investors, corporations and governments to co-create commercially viable, impact-based solutions to the Sustainable Development Goals (SDGs).
By adopting an impact-based approach, business and finance can help build new markets. In doing so they create added value to clients and investee companies at a time of major technological and economic disruptions, rapid social change and mounting environmental pressures. This can bring about a step-change to their contribution to the SDGs and to bridging the SDG financing gap.
According to the United Nations, $5-7 trillion are needed each year through 2030 to meet the SDGs worldwide, including to address needs in infrastructure, access to energy, water, or healthcare. In low and middle-income countries particularly, the greater part of the necessary financing will need to come from private finance.
Stay tuned for a ground-breaking research paper to be released in April 2018, that exposes the scope and nature of the financing gap and illustrates the need for a new impact-based approach to business and finance.
Through the Positive Impact Initiative, financial institutions are experimenting with impact-based approaches. We invite financial institutions to get involved and tell us about products and methodologies they are working on. We are reviewing current practice and collaborating to create guidance for others to use and learn from.
We are also exploring how public authorities can stimulate the emergence of new business solutions, via early engagement of the private sector -and private finance in particular- and the preparation of impact-based tenders, as basis for future work.
- Join the emerging group of actors engaged in the most significant evolution of finance: [email protected]
- Follow Positive Impact news on Twitter: @UNEP_FI #positiveimpactfinance
- Sign up for Positive Impact Updates
- Discover our Roadmap to Positive Impact: learn about the Positive Impact Manifesto and Principles that underpin our work:
- The Manifesto calls for a new financing paradigm, because bridging the funding gap for sustainable development and achieving the SDGs requires a new, impact-based approach, based on a holistic consideration of sustainability issues.
- Financial institutions can adopt the Principles for Positive Impact Finance, an impact-based tool to help the finance community unlock the SDG opportunity and help overcome the funding gap for sustainable development.