The Addis Ababa Action Agenda (Addis Agenda) calls “on all businesses to apply their creativity and innovation to solving sustainable development challenges” and invites them “to invest in areas critical to sustainable development” (para 35). In addition, the Addis Agenda recognizes that “investing in sustainable and resilient infrastructure […], for all” is a pre-requisite for achieving the Sustainable Development Goals (SDGs) and points to an infrastructure gap of $1 trillion to $1.5 trillion annually in
developing countries (para 14). The outcome of the 2017 Economic and Social Council Forum (ECOSOC Forum) on Financing for Development follow-up concluded that the implementation of the SDGs “can open new business […] opportunities” and that “more can be done to create competitive business and investment climates in support of sustainable development that are well placed to attract private sector investment and participation.” (para 11).
The 2018 “SDG Investment Fair” (SDGI Fair) will be organized by the Department of Economic and Social Affairs, in New York on the eve of the 2018 ECOSOC Forum on Financing for Development follow-up (23-26 April 2018). The SDGI Fair will provide a platform for direct interaction between 100-150 participants representing governments of developing countries, private sector investors, financial intermediaries and other relevant stakeholders.
The primary objective of the SDGI Fair will be to promote interactions between high-level
government officials and the private sector, especially the investor community, as well as financial
intermediaries, with the aim to contribute to facilitating deals on SDG investments. For this purpose, the
SDGI Fair will: (i) showcase initiatives and activities on scaling up investment in SDGs; and (ii)
promote policy dialogue between Governments and the private sector. In addition, the SDGI Fair will
aim to increase the understanding and knowledge among government officials of developing countries
of practices at the national, regional and international levels aimed at attracting private capital, both
domestically and internationally, to finance large-scale projects in support of the SDGs.
Find out more here.