17AM’s top picks of the latest research in blended finance
For four years in a row DNV GL, the United Nations Global Compact and Sustainia have released the Global Opportunity Report, which turns some of the world’s biggest challenges into sustainable business opportunities. We have identified markets that tackle a multitude of risks, from water-efficient agriculture and the wonders of drip irrigation and drone technology to put more food on our tables worldwide, to intelligent cyber security and the ability of advanced artificial intelligence to keep us safe online.
The global community has spoken loud and clear: more resources must be mobilised to end extreme poverty and mitigate the effects of climate change. Blended finance is emerging as an important solution to help raise resources in support of the Sustainable Development Goals in developing countries.
As institutional investors, we have a duty to act in the best long-term interests of our beneficiaries. In this fiduciary role, we believe that environmental, social, and governance (ESG) issues can affect the performance of investment portfolios (to varying degrees across companies, sectors, regions, asset classes and through time). We also recognize that applying these Principles may better align investors with broader objectives of society.
This report is a first step towards a uniform mechanism for business to report on their contribution to and impact on the SDGs in an effective and comparable way. It contains a list of existing and established disclosures that businesses can use to report, and identifies relevant gaps, where disclosures are not available. It also lists illustrative actions that businesses can take to make progress towards the SDG targets.
An additional $1 trillion could be found for the UN’s Sustainable Development Goals if development banks focus on making investments digestible for private pools of capital.
The SDGs represent an unparalleled opportunity to unite global interests and attract private sector capital to achieve measurable social outcomes together with investors' financial objectives. 17 Asset Management is dedicated to bringing people and capital together to address global challenges.
On December 19, UNCDF and 17 Asset Management signed an agreement to create a partnership that will direct capital flows to the least developed countries (LDCs) and help close the financing gap towards achieving the 2030 Agenda and the Sustainable Development Goals (SDGs).
Updates on our initiative and team members
On March 1st, 17 Asset Management held a conference in London highlighting investment opportunities in Jordan. The symposium gathered government officials, finance experts and investors to discuss the Jordan landscape and innovative approaches to investing in Jordan.
This report out of the United Nations Sustainable Development Solutions Network gives a detailed analysis of the funding needs, both public and private, to achieve the SDGs. It translates the 17 SDGs into eight investment areas and integrates climate change adaptation and mitigation. The paper also presents a financing analysis and discusses major gaps in our understanding of how the SDGs can be financed.
John Morris, founding partner and CEO of 17 Asset Management, contributed to a recent UNCDF report on creating blended finance opportunities in Least Developed Countries (LDCs). His message targets development agencies on how to best engage private capital.
A paper authored by staff from the World Bank Group explains the concepts of SDG proximity, centrality and density to help countries prioritize action on specific Goals and SDG indicators.
The most "central" indicators focus on energy access and use of improved drinking water sources, while the least "central" areas include poverty and climate action.
The authors caution against "writing off" an SDG or indicator as irrelevant simply because it features limited connections.