Significant amounts of public and private investments are needed to bring the Sustainable Development Goals (SDGs) to life – for the people and the planet. While the introduction of innovative practices has enabled progress, the flows of capital mobilized for sustainability are far from reaching the scale and speed required to achieve the 2030 Agenda.
The Sustainable Development Investment Partnership (SDIP) is a global independent platform of 42 public, private and philanthropic institutions with the shared ambition to scale finance for the SDGs and overcome the barriers hindering private investments in emerging and developing countries. As a joint initiative of the World Economic Forum and the Organisation for Economic Co-operation and Development (OECD), SDIP’s mission is to address the systemic challenges that prevent the mobilization of capital needed to achieve the SDGs.
SDIP adopts a geographic approach through its two Regional Hubs in Africa and ASEAN, tailoring its activities to the local context while being able to elevate at a global level best practices that can potentially impact the wider development finance ecosystem. At a national level – through the “Country Financing Roadmaps” – the platform will support governments to shift from a project-by-project approach towards a more holistic strategy for SDG financing, and create enabling environments that would intrinsically attract investments. This will catalyse private capital in SDGs at scale, while improving the long-term competitiveness of the country.
Through the combination of national, regional and global activities, SDIP facilitates systemic change in the global financial architecture, one of the keys to trigger a pivotal transition towards sustainable markets.