1. Best practice and current initiatives - Providing leadership

Batumi Initiative on Green Economy (BIG-E)

The Pan-European Strategic Framework for Greening the Economy guides the transition to an inclusive green economy that will bring investment in innovation, foster the transfer of green technology and products, and stimulate sustainable consumer behavior. The Framework proposes a vision, objectives and focus areas supporting the 2030 Agenda for Sustainable Development. Some examples can be found here.

The EU Investment Plan for Europe, or “Juncker Plan”

The Plan has three objectives: to remove obstacles to investment and increase investment rates in Europe; to provide visibility and technical assistance to investment projects; and to make smarter use of financial resources.

Food and Agriculture Organization of United Nations

FAO is committed to strengthen the strategic multi-stakeholder alliance, around the thematic area of youth in the rural economy, which advocates, ensures policy convergence, stimulates innovative thinking and mobilizes resources for more and better investments in rural youth employment.

Institute for Economics and Peace: Global Peace Index

The Index presents data on the impact of peace and political stability on economic performance. Peacefulness is correlated with strong performance on a number of macroeconomic variables, including foreign direct investment, which is more than twice as high in highly peaceful countries than in less peaceful ones.

OECD/DAC Blended Finance Principles

The Blended Finance Principles for Unlocking Commercial Finance for the SDGs give a clear definition and provide a five-point checklist to ensure blended finance meets accepted quality standards and achieves impact.

OECD Policy Framework for Investment

The Framework aims to mobilize private investment in support economic growth and sustainable development. It proposes guidance in twelve policy fields critically important for improving the quality of a country’s enabling environment for investment.

OECD Responsible Business Conduct

The OECD Guidelines for Multinational Enterprises are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context. Accompanying the Guidelines is implementation guidance for due diligence by sector.

Pacific Region Infrastructure Facility (PRIF)

PRIF is a multi-agency coordination mechanism aimed at improving the delivery of development assistance from donors and development partners to the infrastructure sector in the Pacific region. PRIF supports infrastructure development and maintenance in twelve Pacific Island Countries (PICs) through investment coordination, research and technical assistance; provides a framework for better engagement of countries and development partners.

Peace-Nexus Foundation

The Foundation engages with governments, communities and companies to facilitate a dialogue on how business development can create benefit and support ongoing peace processes. It has also created an investment fund, which employs financial tools to incentivize peacebuilding.

Platform for agricultural risk management

PARM has the global mandate to contribute to sustainable agricultural growth, boost rural investment, reduce food insecurity, and improve resilience to climate and market shocks of poor rural households through a better management of risks. The PARM process is a demand-driven participatory policy engagement process comprised of four main phases: (1) Setting up; (2) Risk Assessment; (3) Tools Assessment; (4) Follow-up Implementation.

The Principles for Responsible Investment (PRI)

The PRI is the world’s leading proponent of responsible investment. It works to support its international network of investor signatories incorporate environmental, social and corporate governance factors into their investment and ownership decisions.

The Renewable Nations Institute

The Institute is a Commitment to: (1) provide an integrated set of Enabling Actions in Energy Planning and Policies, and in Capacity Building and Knowledge Sharing; (2) establish a United States Partnership for Sustainable Development to stimulate $200 billion investment in EERE projects through 2030; and (3) develop a technical assistance and human capacity building services center (Project Incubator) to support the development of investment-grade proposals for targeted countries of the SEforALL Initiative.

Sustainable Future Eco Landmarks (SFEL)

Sustainable Future Eco Landmarks Global is an investment initiative with the disruptive approach & some elements of SD. One of the most important ‘industries’ of post-indu¬strial era are taken into consideration: drastic energy alternative management; waste management; decentralized gover¬n¬ance, administration and managementt model; modern societal priorities serious involvement, generally a different way of thinking in all levels Some examples can be found here.

The Sustainable Development Goals Center for Africa

The purpose of the Center is to provide technical support, neutral advice and expertise as input to national governments, private sector, civil society, academic institutions to accelerate the implementation of the SDG agenda across Africa. Some key relevant private sector practices, lessons and initiatives towards SDG financing can be found here.

The Sustainable Development Investment Partnership (SDIP)

A platform of public, private and philanthropic entities with shared ambitions to scale the use of blended finance in sustainable investments in developing countries. The initial focus of SDIP is on sustainable infrastructure investments, given their importance to closing the overall financing gap to the SDGs.

The Sustainable Stock Exchange (SSE) Initiative

The SSE initiative aims to achieve sustainable and transparent capital markets worldwide. It invites stock exchanges to make a voluntary public commitment to promote improved environmental, social and corporate governance disclosure and performance among listed companies.

UNCTAD Action Plan for Investing in the SDGs

UNCTAD’s Action Plan proposes a strategic framework for private investment in the SDGs. The Plan addresses key policy challenges and sets out a common set of principles to resolve the policy dilemmas inherent in seeking greater private sector participation in SDG sectors.

UNCTAD Investment Policy Framework for Sustainable Development

The Framework contains a set of core principles for investment policymaking that serve as design criteria for three areas of action: (1) national investment policies; (2) international investment agreements (IIAs); (3) the promotion of investment in SDG sectors.

UNISDR Risk reduction and SDG financing

Disaster risk, including climate risk, is increasing world-wide and making new investments, especially in infrastructure, requires risk-informed decisions. Tailored disaster risk reduction financing instruments are needed to turn disaster risk reduction strategies into action, and to create a risk-informed approach to sustainable development. Some examples can be found here.

The United Nations Global Compact

The Global Compact encourages businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is a principle-based framework for businesses, covering ten principles on human rights, labor, the environment and anti-corruption.

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NB. The inclusion of non-UN initiatives and organisations on this page does not imply an official endorsement or position of the United Nations. The examples of best practice are included for their relevance to investment in the SDGs.