Importance of Private Finance in Achieving SDGs Showcased on the "Do One Better!" Podcast
09 SEPTEMBER, 2024
New York, 9 September 2024 — The "Do One Better!" podcast, a leading platform focusing on philanthropy, sustainability, and social entrepreneurship, recently featured an insightful episode on the crucial role of private finance in advancing the United Nations Sustainable Development Goals (SDGs). The SDGs represent a global call to action, encouraging all countries—both developed and developing—to collaborate in achieving a better and more sustainable future for all. These goals aim to end poverty, protect the planet, and ensure peace and prosperity by 2030.
The newly released episode brings together Sebnem Sener, Head of Private Finance for the SDGs at the United Nations Development Programme (UNDP) Sustainable Finance Hub, and host Alberto Lidji, to discuss the critical need for private capital to meet the Global Goals.
In her discussion, Ms. Sener stresses the urgency of addressing the $4.2 trillion annual financing gap for the SDGs and the vital role of private finance in filling this void. She emphasizes how strategic private sector investments are crucial for accelerating progress, particularly in emerging markets where funding is most needed, noting that only 15% of the SDG targets are on track of being achieved by 2030. She added that mobilizing private finance is not just important—it’s essential if we are to make meaningful progress.
A focal point of the conversation is UNDP’s SDG Investor Maps, an innovative tool designed to bridge the gap between investors and high-impact projects. Ms. Sener explains how this tool facilitates investment-readiness and ensures that projects are aligned with the SDGs, ultimately fostering a more robust market for sustainable investments.
This episode serves as a compelling call to action for business leaders and sustainability professionals to integrate sustainability into the heart of their decision-making processes. Ms. Sener highlights that by embedding sustainability into financial operations, companies can contribute to global development while ensuring long-term profitability.
To explore how private finance can accelerate sustainable development, tune into the "Do One Better!" podcast, available to listen to on: