3. Best practice and current initiatives - Channeling investment

The Dubai Green Fund

Dubai Electricity and Water Authority (DEWA) launched a plan to develop a AED100 billion ($27 billion) Dubai Green Fund to provide financial tools for investors in clean energy and support the transition of the UAE to a green economy.

Government of Seychelles Blue Bond

The bond developed from a $20 million World Bank package to finance the transition to sustainable management of the government of Seychelles’ small-scale artisanal fisheries, including efforts to rebuild fish stocks, harvest control measures, restructure fishing capacity, and facilitate post-harvest and scientific services.

Global Wastewater Initiative (GW2I)

The Initiative is envisaged to prompt synchronized action, and encourage new investments in wastewater management that will bring a paradigm shift in world water politics, not only to prevent further damage due to poor wastewater management but to emphasize that wastewater is a resource whose effective management is essential for future water security, and to take action to transform the existence of wastewater from a problem to an opportunity.

HSBC SDG Bond

HSBC launched the world’s first corporate SDG bond. The issue aims to raise $1 billion to support projects that offer broad social, economic and environmental benefits aligned with seven SDG targets.

ICRC Humanitarian Impact Bond

The world’s first humanitarian impact bond to build and run three new physical rehabilitation centers in Nigeria, Mali, and DRC over a five-year period. Outcome Funders include the governments of Belgium, Switzerland, Italy, UK, and la Caixa Foundation.

Inclusive and Equitable Local Development (IELD)

The Inclusive and Equitable Local Development (IELD) is a joint UNCDF, UNDP, and UN Women global initiative that addresses structural impediments women face including lack of adequate infrastructure and access to services and markets, which exacerbate gender gaps and prevent women from participating fully and equally in the economy. The programme addresses the barriers through local public and private investments, with a particular emphasis on unlocking domestic capital for women’s economic empowerment and entrepreneurship. Some examples can be found here.

Pandemic Emergency Financing Facility

The mechanism developed by the World Bank Group in collaboration with WHO, Japan, Germany, and private sector partners, provides more than $500 million to cover developing countries against the risk of pandemic outbreaks over the next five years.

SDG Compass

An inventory of existing business indicators mapped against the SDGs, which allows companies to explore commonly used indicators and other relevant indicators that may be useful when measuring and reporting on contributions to the SDGs.

Sustainable Development Investment Portfolio (SDIP)

The Sustainable Development Investment Portfolio (SDIP) is a portfolio investment approach by the Australian Government’s Department of Foreign Affairs and Trade (DFAT), which aims to address the issues of water, food, and energy security in South Asia through better regional cooperation, policy reforms, technology transfer and capacity building targeting the poorest and most vulnerable, particularly women and girls..

Uktrisht Impact Bond

The world’s first health impact bond developed by USAID, Merck for Mothers, UBS Optimus Foundation, PSI, Palladium, and HLFPPT; it aims to reach up to 600,000 pregnant women with improved care during delivery and save the lives of up to 10,000 women and newborns over five years.

UNCTAD Global Action Menu for Investment Facilitation

Investment facilitation is the set of policies and actions that make it easier for investors to establish and expand their investments and conduct their day-to-day business. The Global Action Menu proposes measures to support investment facilitation at the national and international levels in low income countries.

WACA Resilience Investment Project (WACA ResIP)

WACA ResIP is a multi-country regional project that will support the strengthening of resilience of coastal communities and assets in six western African countriesBenin, Cte dIvoire, Mauritania, So Tom and Prncipe, Senegal, and Togo. The WACA Program24 was created in response to countries request for solutions and finance to help save the social and economic assets of coastal areas and coastal erosion and flooding in particular.

The Water Finance Facility

The Facility mobilizes large-scale private investment from domestic institutional investors, such as pension funds, insurance companies and other qualified investors. It issues local currency bonds in that support national priority actions on water and sanitation service delivery.

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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.