{"id":107510,"date":"2022-12-01T19:00:05","date_gmt":"2022-12-02T00:00:05","guid":{"rendered":"https:\/\/www.un.org\/sustainabledevelopment\/?p=107510"},"modified":"2022-12-02T10:12:38","modified_gmt":"2022-12-02T15:12:38","slug":"press-release-international-actors-gather-at-un-investment-fair-nearly-600-million-of-investments-pitched-to-accelerate-progress-towards-the-sdgs","status":"publish","type":"post","link":"https:\/\/www.un.org\/sustainabledevelopment\/blog\/2022\/12\/press-release-international-actors-gather-at-un-investment-fair-nearly-600-million-of-investments-pitched-to-accelerate-progress-towards-the-sdgs\/","title":{"rendered":"Press Release | International actors gather at Ä¢¹½ÊÓƵ Investment Fair: Nearly $600 million of investments pitched to accelerate progress towards the SDGs"},"content":{"rendered":"

Event presents opportunities for investing in clean energy, sustainable infrastructure and more<\/em><\/p>\n

NEW YORK, 1 December<\/strong>\u2013 Senior representatives from governments, the private sector and the international trade and development community are coming together at the United Nations SDG Investment Fair on 1-2 December to boost investments in the Sustainable Development Goals (SDGs).<\/p>\n

Launched in 2018, the Fair has become a leading platform to facilitate dealmaking in SDG investment, with over US$10 billion worth of projects in infrastructure, green energy, and agribusiness presented so far. Now in its 7th edition, twenty countries across all regions have been showcased as SDG investment destinations.<\/p>\n

At the 7th<\/sup> Edition of the SDG Investment Fair, Colombia, Eswatini, and Malawi are pitching nearly $600 million worth of high-impact, investment-ready projects in sectors such as infrastructure, agriculture, and digital connectivity.<\/p>\n

Building on global efforts to boost climate financing at COP27, the Fair also features an event to promote clean energy investments in Colombia. These will make a significant contribution to the country\u2019s transition to renewable energy, while improving social conditions in La Guajira and other regions of the country.<\/p>\n

Scaling up private investment is crucial to achieve the SDGs. Despite a rebound of foreign direct investment in 2021, private investment in infrastructure in developing countries remains low relative to historical averages, whereas the Least Developing Countries (LDCs) have the lowest rates of investment in sustainable development and that remains a key challenge. The Fair is the platform to address it.<\/p>\n

“Private investment\u00a0flows\u00a0into relevant\u00a0SDG sectors\u00a0are\u00a0still\u00a0largely\u00a0failing to\u00a0reach\u00a0the ground in\u00a0developing countries that need it the most,”\u00a0says Assistant Secretary-General for Economic Development Navid Hanif.\u00a0“We have put a strong focus on this edition of the Fair on how to mobilize private investment in least developed countries.”<\/em><\/p>\n

Against this backdrop, the Fair convened a policy discussion to explore unique challenges and success stories of the least developed countries in attracting private capital for sustainable infrastructure, leading up to the 5th United Nations Conference on the Least Developed Countries (LDC5)<\/a> next year.<\/p>\n

\u201cThe SDG Investment Fair \u2026 has helped the Kenyan Government to showcase priority investment opportunities in Kenya across multiple sectors to a global audience of investors, financiers and technical experts<\/em>,\u201d said\u00a0Stephen Jackson, Ä¢¹½ÊÓƵ Resident Coordinator in Kenya, one of the panellists joining the Fair.<\/p>\n

Hosted by the Financing for Sustainable Development Office of the United Nations Department of Economic and Social Affairs, the SDG Investment Fair facilitates a range of activities in New York City, as well as capacity building at the national level to enhance the investment readiness and bankability of projects and SDG financing vehicles in participating countries.<\/p>\n

– ENDS \u2013<\/p>\n

***<\/p>\n

For more information, or to request interviews with our experts, please contact:<\/strong><\/p>\n

Li Zhang, Ä¢¹½ÊÓƵ DESA; +1 9173015085,\u00a0 zhang82@un.org<\/a><\/p>\n

Note to Editor: <\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
OVERVIEW OF PROJECTS BEING PITCHED AT DECEMBER 2022 SDGI FAIR<\/td>\n<\/tr>\n
Promoters<\/td>\nSector<\/td>\nCategory<\/td>\nKey SDGs<\/td>\n<\/tr>\n
Ecopetrol (parastatal)<\/td>\nEnergy<\/td>\nClean Energy – Power Generation<\/td>\n7; 13<\/td>\n<\/tr>\n
Soluna energia & AES Colombia (private)<\/td>\nEnergy<\/td>\nClean Energy – Power Generation<\/td>\n7; 13<\/td>\n<\/tr>\n
Solenuium & Unergy (private\/Social Enterprise)<\/td>\nEnergy<\/td>\nClean Energy – Power Generation<\/td>\n7; 13<\/td>\n<\/tr>\n
Eswatini Electricity Company (parastatal)<\/td>\nEnergy<\/td>\nClean Energy – Power Generation<\/td>\n7; 13<\/td>\n<\/tr>\n
Eswatini Posts & Telecommunications Corp. (parastatal)<\/td>\nTelecom<\/td>\nNetwork Upgrading<\/td>\n9C<\/td>\n<\/tr>\n
Elangeni Holdings (private)<\/td>\nAgriculture<\/td>\nAgroprocessing<\/td>\n2,8<\/td>\n<\/tr>\n
Ministry of Tourism (PPP sought with RE developers)<\/td>\nMultisectoral<\/td>\nTourism, Ports and Shipping,<\/td>\n8.9; 14.7<\/td>\n<\/tr>\n
Press Agriculture Ltd. (private)<\/td>\nAgriculture<\/td>\nExport Crop<\/td>\n1,13<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

List of Participants:<\/strong><\/p>\n

Rabab Fatima,<\/strong> Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States<\/p>\n

H.E. Agnes Chimbiri-Molande,<\/strong> Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Malawi to the United Nations and Chair of the LDC Group<\/p>\n

Christopher Sharrock,<\/strong> Vice President United Nations and International Organizations, Microsoft<\/p>\n

Ketan Patel, <\/strong>Chair of Force for Good Initiative and Platform<\/p>\n

Michael Schlup,<\/strong> Head of Impact and ESG, Managing Director, Sail Ventures<\/p>\n

Denise Odaro,<\/strong> Head of ESG & Sustainability, PAI Partners<\/p>\n

Aram Vardanyan,<\/strong> Investment Director, Enterprise Armenia<\/p>\n

Marco Serena,<\/strong> Head of Sustainable Development Impact, Private Infrastructure Development Group<\/p>\n

Jaffer Machano,<\/strong> Global Programme Manager, Municipal Investment Finance, United Nations Capital Development Fund<\/p>\n

Liz Bronder,<\/strong> M.D. Global Sustainable Finance, Bank of America<\/p>\n

H.E. Claver Gatete,<\/strong> Ambassador Extraordinary and Plenipotentiary Permanent Representative of Rwanda to the United Nations<\/p>\n

Titus Nampala,<\/strong> Head of Africa Financial Institutions Group & Sovereigns, Rand Merchant Bank<\/p>\n

Stephen Jackson,<\/strong> Resident Coordinator Kenya<\/p>\n

Allegra Maria del Pilar Baiocchi,<\/strong> Resident Coordinator Costa Rica<\/p>\n

Christine Weigand,<\/strong> ai Resident Coordinator Armenia<\/p>\n

Rosemary Kalapurakal,<\/strong> Deputy Director, Development Coordination Office<\/p>\n

Oscar Njuguna,<\/strong> ai CEO, Nairobi International Financial Center, Kenya National Treasury<\/p>\n

Berenice Lasfargues,<\/strong> Sustainability Integration Lead, BNP Paribas Asset Management<\/p>\n

Niels Fib\u00e6k,<\/strong> CEO, Matter<\/p>\n

Karen Basiye,<\/strong> Director, Sustainable Business and Social Impact, Safaricom<\/p>\n

Christophe Dossarps,<\/strong> CEO, Sustainable Infrastructure Foundation, SOURCE<\/p>\n","protected":false},"excerpt":{"rendered":"

Event presents opportunities for investing in clean energy, sustainable infrastructure […]<\/p>\n","protected":false},"author":348,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5270],"tags":[],"class_list":["post-107510","post","type-post","status-publish","format-standard","hentry","category-press-material"],"_links":{"self":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/posts\/107510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/comments?post=107510"}],"version-history":[{"count":0,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/posts\/107510\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/media?parent=107510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/categories?post=107510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/tags?post=107510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}