A collaboration between the United Nations Development Programme (UNDP) and Global Investors for Sustainable Development (GISD) Alliance has launched the ‘SDG Investor Platform’ to facilitate investments in Ghana and beyond.
This is an innovative tool to accelerate private sector investments towards meeting the Sustainable Development Goals (SDG).
A mini-launch of the platform took place in Ghana along with the global launch at the SDG Investment Fair.
The SDG investment platform builds upon the SDG Investor Maps. This new tool offers investors access to market intelligence and insights on the local investment landscape.
So far, the SDG Investment Map has identified over 200 investment opportunities in 14 countries. Its reach covers a wide range of sectors, from food and beverage to healthcare and infrastructure to advance the SDGs.
According to the UNDP, the production of SDG Investor Maps will grow further in 2021 and 2022 across all continents.
SDG Investor Platform Launch in Ghana
At the launch in Ghana, Yofi Grant, the CEO of GIPC indicated that the platform aligned with the GIPC’s objective. Specifically, identifying and promoting investment opportunities in Ghana.
“UNDP’s market intelligence tool is closely aligned with the mandate of GIPC. [It] is a concrete and comprehensive set of information that helps us to identify investment opportunities that we can promote in support of the government’s vision.
“The implementation of the SDG investor map follows exactly the approach we take at GIPC. This will support our efforts in facilitating an attractive investment framework and advocating for investors’ concerns in policymaking.”
Furthermore, the platform holds potential opportunities for the GIPC’s efforts in raising GHS100 billion. This includes investments in support of the Coronavirus Alleviation and Revitalization of Enterprises Programme (CARES).
“We will go deeper in each of the five sectors. [This is] so that we go beyond the provision of market and sector intelligence to actual money invested in Ghana. It is our hope, especially in this Decade of Action, that the SDG Investor Maps will accelerate investments needed to progress towards the achievement of the 2030 goals,” said Silke Hollander, the UNDP deputy resident representative in Ghana.
The co-chairs of the GISD Alliance, Oliver Bäte, CEO of Allianz, and Leila Fourie, CEO of Johannesburg Stock Exchange, said:
“Increasing transparency and matching of demand and supply is key to the success of SDG-oriented investments. The SDG Investor Platform is a valuable resource not only for the GISD Alliance members who already committed to the SDGs, but also for all like-minded investors, development finance institutions and governments. The platform will help them align their investment decisions with the SDGs.”