Framework set to scale up UN SDG financing

摘要

The INTERNATIONAL DEVELOPMENT FINANCE CLUB has mandated Natixis to develop a framework that will help development banks scale up financing to achieve the UN's Sustainable Development Goals and help countries meet the goals of the Paris Agreement on climate change. Development banks have a critical role to play in providing financing to meet the UN's SDGs, but need to integrate the SDGs across all their activities, including public-private partnerships, blended finance and other financing such as guarantees or ESG-labelled debt. The UN's 17 SDGs were established in 2015 as part of the 2030 Agenda for Sustainable Development, with the goal of achieving the SDGs by that time, and are also designed to help countries to meet the goals of the Paris Agreement to limit global warming to 2 degrees Celsius from pre-industrial levels. "The natural remit of public development banks puts them in a paramount position to support the achievement of the 2030 agenda," said Orith Azoulay, global head of green and sustainable finance at Natixis.