Impact, Investment and Innovation in Nascent Ecosystems
August 12, 2019
5 trillion US-dollars per year is the amount needed from the private sector to achieve the Sustainable Development Goals (SDGs) by 2030.
According to UNCTAD’s projections, 5 trillion US-dollars per year is the amount needed from the private sector to achieve the Sustainable Development Goals (SDGs) by 2030. And the good news is that according to Google trends (linked to keyword google search “impact investing”), more and more people are willing to invest to achieve these goals as we can see a clear rise of interest in impact investing. So, it is without a doubt that we’ve seen a growing allocation of funding toward impact investing. Now, despite the growing interest and commitments, the amount allocated toward impact investing is still low when you have in mind the number of 5 trillion US-Dollars to invest per year. When you look into the 1.3 trillion US-dollar assets under management of Goldman Sachs, less than 1% is allocated toward impact .
It’s no longer simply about making money, it’s also about having a purpose and this socially responsible mindset is not simply anecdotal. The impact investing trends mentioned before and success stories on the market do prove that there is an “ROI to funding a cause”. And not only does the younger generation believe that profit and purpose go hand in hand, it is also a generation of entrepreneurs.
To read more click on the ICSBGazette30.pdf.