Awareness, Simplification, and Contribution

Awareness, Simplification, and Contribution

A lack of private funding in support of the United Nations' Sustainable Development Goals is putting them at significant risk, a white paper from UBS warns. The report, Awareness, Simplification, and Contribution (48 pages, PDF), argues that investments in the SDGs have fallen short of the $5 billion to $7 billion needed annually to achieve them because there is too little understanding of the goals among the public and investors; too much complexity and too little consistency in sustainability data and impact investing criteria, data, and strategies; and too little alignment of investments with values on the part of investors and foundations. To boost awareness of SDGs, simplify the process of investing in them, and increase contributions, the report calls on the financial sector, multilateral organizations, philanthropy, and other stakeholders to use multiple media channels to disseminate information; create personalized investment choices aligned with investors' interests in sustainability; simplify, standardize, and mainstream corporate sustainability data reporting; define impact investment and impact measurement coherently and consistently; develop a clear, consistent taxonomy for sustainable investing strategies; adopt greater use of multilateral development bank (MDB) debt; adopt a true 100 percent sustainable investing asset allocation that seeks to deliver market-rate returns and make verifiable positive impact; and make philanthropy more collective and collaborative.