January 22, 2020
Coalition of private and public sector launches SDG500, a groundbreaking USD$500 million investment platform to accelerate progress towards the SDGs
A coalition of private and public sector organisations, including United Nations entities, non-governmental organisations and a private equity firm today announces the launch of SDG500 – a new investment platform to help achieve the Sustainable Development Goals (SDGs). SDG500 is a pioneering multimillion-dollar investment platform dedicated to helping achieve the SDGs. The investment platform will use debt and equity to bridge the financing gap between seed and growth stage for hundreds of businesses in emerging and frontier markets. The coalition partners include: United Nations Capital Development Fund, International Trade Centre, International Fund for Agricultural Development (IFAD), CARE, Smart Africa, Stop TB Partnership and Bamboo Capital Partners. The IDB Lab of the Inter-American Development Bank is an interested party.