UNDP's Finance Flagships are global initiatives designed to bring the SDGs into the heart of the global financial system. Flagships are built around strategic partnerships that deliver new practices and policy frameworks at scale. Innovations at the country level are brought together with global thought leaderships to leverage change across public and private sectors.

Integrated National Financing Frameworks (INFFs)

UNDP recognises that financing the achievement of the SDGs will require finance to be mobilised from across public and private sectors, as well as from both international and domestic sources. As countries develop their next generation of Medium Term Development Plans in the final years leading up to 2030, we have a last chance to ensure that they are linked with comprehensive financing frameworks.

SDG Impact

Launched in September 2018, SDG Impact is a UNDP flagship initiative that provides investors and businesses the clarity, insights, and tools required to strengthen and authenticate their contribution to achieving the SDGs. SDG Impact’s three interrelated pillars of work focus on overcoming barriers and making it easier for the private sector to invest in achieving the SDGs:

  1. Impact Management: SDG Impact provides investors with the means drive capital towards financial instruments, enterprises, and investments that help achieve the SDGs. The SDG Impact Standards for Private Equity, Bonds, and Enterprises instill a common framework and language for measuring, reporting on, and authenticating the SDG impact of investments. The Standards will be accompanied by online training in impact measurement and management, currently being developed in partnership with the Center for the Advancement of Social Entrepreneurship (CASE) at Duke University’s Fuqua School of Business. An assurance framework and third-party certification process that will offer certified investors an SDG Impact Seal are forthcoming in 2021.  Read more about the Standards here
  2. Impact Intelligence: SDG Investor Maps provide market intelligence to help private investors (funds, financiers, corporations) identify profitable investments that advance the SDGs. The SDG Investor Maps are produced by local teams at UNDP country offices and distill Investment Opportunity Areas and viable business models that respond to SDG needs and policy priorities in a given context, backed by actionable data on ticket size, return on investment, regulatory and policy contexts, risks, and potential SDG-impact. Findings from SDG Investor Maps will be made available as a public good to national and international investors and asset managers through a Global SDG Investment Platform, currently in development. Among the Finance Sector Hub’s Services for financing COVID-19 response and recovery, the SDG Investor Maps provide governments and private sector investors insights and concrete investment solutions with the potential to improve people’s lives and to contribute to the recovery and rebuilding efforts from the pandemic and its economic fallout.

  3. Impact Facilitation: To foster matchmaking and collaboration towards SDG investment, SDG Impact convenes investors and policymakers in virtual Impact Facilitation events. By leveraging its public-sector networks, SDG Impact also works to nurture the success of investments and new businesses through public-private policy dialogues aimed at improving the environment for SDG-enabling investments. The cornerstone of SDG Impact Facilitation is a dynamic web platform: a user-friendly, dynamic online repository of public-source data and evidence on SDG-aligned investment opportunities and the regulatory and policy environments that facilitate investment. 

       Learn More

Insurance and Risk Finance Facility

Insurance and Risk Finance Facilitybrings together UNDP’s work across risk finance, risk transfer, and the financing of resilience into a single strategy and set of tools, guidelines, and sources of support for country offices and programme countries.  

Its overall vision is to use its engagement with the insurance industry (private, mutual and cooperative) to find, develop and implement innovative, scalable solutions to help countries tackle the intertwined challenges of poverty, vulnerability and risk.

Digital Finance

UNDP co-chairs the UN Secretary-General’s Task Force on Digital Financing of the SDGs that is tasked with developing a   concrete, actionable set of recommendations on how to harness the digital revolution to advance the SDGs. UNDP is currently exploring the possibility of scaling up the work in digital finance, a new flagship, by developing a joint UNDP-UNCDF offer. Strengthening the existing expertise in building the digital governance have been identified as potential areas of work, together with nurturing an SDG aligned eco-fintech system and establishing an advisor network. Potential areas of work include: