SDGs

“Leaving no one behind” is the motto under which the Sustainable Development Goals of the United Nations were adopted in September 2015. The Sustainable Development Goals, or SDGs for short, build on the Millennium Development Goals from the year 2000, which they are intended to expand and complete at the same time.

The 17 SDGs, with a total of 169 subgoals, understand the term sustainability comprehensively in its three dimensions: economic, social and ecological. If the SDGs are to be achieved by 2030 as targeted, major efforts will still be needed. Even before the spread of the Corona virus in 2020, the global community was in danger of missing the targets, which is why the United Nations has declared the remaining time a “Decade of Action.” The pandemic and its economic impact further exacerbated the situation.

Redirecting private capital (estimated to be $463.6 trillion globally at the end of 2021) into sustainable economic sectors and activities that contribute to the Sustainable Development Goals is now more important than ever!

By investing through the financial inclusion funds we manage (microfinance and SME finance), we are contributing to the achievement of at least five of the 17 SDGs – namely SDG 1 “No Poverty,” SDG 5 “Gender Equality,” SDG 8 “Decent Work and Economic Growth,”  and SDG 10 ” Reduced Inequalities.”