What is Sustainable Development Goals(SDG) Investor Map?
The United Nations Development Programme (UNDP) and Invest India has launched the SDG Investor Map for India. The investor map lays out 18 investment opportunities areas (IOAs).
Sustainable Development Goals(SDG) Investor Map
The investment opportunities areas are in six critical sustainable development goals (SDGs). These IOAs will enables the sectors that will help India to push forward to achieve the Sustainable Development as provided by the UNDP. The 6 SDG-enabling sectors are education, healthcare, agriculture & allied activities, renewable energy & its alternatives, financial services and sustainable environment. Out of these 18 identified IOAs, 10 are already mature investable areas. These 10 mature areas have seen robust private equity and venture capital activity. They feature the companies that are able to unlock scale and demonstrate profitability.
Sustainable Development Goals (SDG)
The SDGs are a total of 17 goals that were launched by the United Nations. These goals were launched to address the urgent political, environment and economic challenges that the world is facing. The SDG financing gap has been widened amid the COVID-19 pandemic. It has been widened by an estimated USD 400 billion in developing countries. In order to achieve the SDG targets by 2030, it requires the collective efforts of the public and private sector transition including from the short-term recovery to a long-term sustainability.
Steps taken by India to achieve the SDGs
In order to comply with the SDG, India have taken several steps in the recent years such as: India recently introduced BS-BI petrol and diesel. It has pledged to eliminate single use plastic by 2022. It has founded International solar Alliance that will generate 2,000 gigawatts of solar energy by 2030. India also pledged to reduce the carbon emissions up to 33 to 35% by 2030.