New York – A new set of Standards released today by the United Nations Development Programme (UNDP) lays out how private equity funds can contribute to the Sustainable Development Goals (SDGs) — the world’s blueprint to achieve a better and more sustainable future for all.[…]
The new SDG Impact Standards for Private Equity Funds outline a clear system and a common language to help private equity, venture capital and other funds in private markets to achieve significant social and/or environmental impact through their investments.
“In every corner of the globe, private equity funds are investing directly into growing companies that are developing new solutions,” says Elizabeth Boggs Davidsen, the Director of SDG Impact, which designed the Standards. “The Standards are a valuable tool to focus more of this extraordinary pool of approximately US $4 trillion into sustainable investments and solutions that can help address the immense global challenges we face including health, poverty, inequality, climate change, environmental degradation, and peace and justice.”[…]