Uruguay will combat climate change by helping transition the country's transportation and industry sectors to green energy while reducing poverty and providing affordable access to innovative clean technologies. Malawi will reduce poverty, hunger and inequality by creating jobs and supporting small businesses in the country’s severely undercapitalized agricultural sector. Indonesia will create a new generation of financial products to combat climate change by transitioning towards low impact energy and empowering the creation of women led small businesses. Fiji will conserve and protect coastal reefs, marine life ecosystems while empowering local communities who rely on reefs for their survival. The Fund provides catalytic grants to unlock private capital towards blended financing of SDG investments.” Amina Mohammed, Deputy Secretary General of the United NationsĮach of the four programmes combine public and private money to invest in achieving the SDGs. The Joint SDG Fund is the vehicle to make this dream a reality. “Our dream is to bring together Wall Street and the rapidly increasing focus on ESG, impact investing, and investor excitement on the SDGs. Convergence Blended Finance provided the due diligence process with participation from the Organisation for Economic Co-operation and Development ( OECD), the Rockefeller Foundation, Bamboo Capital, among others. UN Country Teams, in partnership with Governments, engaged senior finance experts to create in-depth approaches and solutions to SDG acceleration. The allocation expands the Joint SDG Fund’s investments to date to US$223 million, encompassing programming in 112 countries for Integrated Social Protection and SDG Investments.įiji, Indonesia, Malawi and Uruguay were selected from 155 proposals from over 100 country applicants across the globe. Today, the United Nations Joint SDG Fund announces a US$41 million portfolio to catalyze strategic financing to accelerate the Sustainable Development Goals (SDGs).
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