Type	Voluntary commitment by other stakeholders
Organisation	Organisation for Economic Co-operation and Develpoment & World Economic Forum
Scope	Global
Themes	Addressing systemic issues; Agriculture and food security; Domestic and international private business and finance; Domestic public resources; Infrastructure; International public finance; Small and medium enterprises; jobs

Description

The purpose of the Sustainable Development Investment Partnership is to create an open forum for the private sector and governments – of both developed and developing countries – to partner to explore how to work together to assist developing countries and emerging economies to meet their investment needs. The partners see enormous unrealized potential to deploy innovative financing models and public risk mitigation tools to leverage private finance, reduce transaction costs, and help satisfy the risk-return ratio of potential private investors in order to deploy their capital at scale in sustainable development investments.

Partners

Citibank, East Capital, Pension Danmark, PKA, Standard Chartered, Storebrand, and Sumitomo Mitsui Banking Corporation; the governments of Canada, Denmark, the Netherlands, Norway, Sweden, USA and the UK; as well as the Bill & Melinda Gates Foundation, Development Bank of South Africa, International Finance Corporation, as well as the Danish Investment Fund for Developing Countries (IFU), and the Senegal Sovereign Wealth Fund (FONSIS). Institutional support to the Partnership will be ensured by the Organisation for Economic Cooperation and Development and the World Economic Forum.

Targets

The goal of the Sustainable Development Investment Partnership is to contribute to closing the financing gap required to achieve the SDGs by mobilizing USD 100 billion in private financing and investment over 5 years.

Indicators

Transaction volume of Sustainable Development Investments generated by SDIP partners as a result of their engagement in the partnership.

Resources

The Sustainable Development Investment Partnership will build on mobilising the combined assets, capacities and expertise of its public and private partners. It does not intend to create a new, separate structure of institution, or dispose of exclusive access to capital.

Timeframe

5 years