Giving Compass’ Take:
• In order to achieve the Sustainable Development Goals, there are critical adjustments that philanthropists, investors, banks, and financial firms can make.
• How does impact investing benefit SDG achievement? What are some successful examples?
Collectively, the world is falling well short of raising the $5-7 trillion of annual investment needed to satisfy the United Nations’ Sustainable Development Goals (SDGs). Meeting the SDGs demands multistakeholder connections, capital and cooperation – all of which the financial services industry can, with investors’ help, facilitate by taking the following five steps.
Learning and benchmarking are key steps towards becoming an impact giver. If you are interested in giving with impact on Impact Investing take a look at these selections from Giving Compass.
- Private wealth managers need to work more closely with multilateral development banks (MDB) such as the World Bank.
- Financial firms need to work together to standardize sustainable and impact investing conventions, including targeting market levels of financial return.
- Financial firms must work together to fashion innovative new solutions that fill the gaps in investments that could be used to fund the SDGs.
- Philanthropic clients are increasingly moving away from solely giving money toward collaboration and adopting more impactful philanthropy models.
- Firms can create incremental benefits by introducing social entrepreneurs to their stakeholders.
Read the full article on SDG success at UBS.
Are you ready to give?
If you are ready to take action and invest in causes for Impact Investing, check out these Giving Funds, Charitable Organizations and Projects related to Impact Investing.