UNDP launches new SDG-aligned investor map in PH (Philippine News Agency, 19 March 2024)
Published on 20/03/2024
MANILA – The United Nations Development Programme (UNDP) has launched a new market intelligence tool to help foreign and domestic businesses map investment opportunity areas (IOAs) across the Philippines.
The Philippines’ Sustainable Development Goals (SDG) Investor Map highlights 12 investment IOAs across the country, all aligned with the SDG, including climate finance initiatives and nature-based solutions.
Each IOA provides comprehensive information, including the specific development needs it addresses, anticipated developmental impacts, supportive conditions, potential impact risks, and illustrative case studies.
“As interest grows among private sector actors to align investment activity with the SDGs, there is a demonstrated call for unifying standards, tools, and services that can be relied upon by investors to support a process of targeting, measuring, and achieving development outcomes,” UNDP Philippines Resident Representative Dr. Selva Ramachandran said during the launch in Makati on March 19.
“This is the reason why the UNDP, through its SDG Impact Team, in partnership with the Centre for Impact Investing and Practices, initiated the development of the SDG Investor Maps,” he added.
The UNDP Philippines produced the map in partnership with the SDG Impact and the Center for Impact Investing and Practices (CIIP), and was supported by the recently concluded UN Joint Programme on Integrated National Financing Framework (JP-INFF).
Full feature: https://www.pna.gov.ph/articles/1221221