SDG500: New Platform Plans to Pump $500M Into Action on the Sustainable Development Goals
A new investment platform launched today in Davos is set to invest $500m in businesses working to achieve the global Sustainable Development Goals (SDGs).
The SDG500, backed by a coalition of public and private organisations, NGOs and a private equity firm, is billed as a “first-of-its-kind” platform dedicated to the SDGs.
The platform’s funds will be used to make debt and equity investments in early stage businesses in “emerging and frontier” markets, to spur innovation and growth in regions where firms often lack access to follow-on financing.
Photo courtesy of Isriya Paireepairit.