The Addis Ababa Action Agenda recognized the importance of an expanded role of the private sector in achieving the Sustainable Development Goals (SDGs). Given their core competencies and footprint, DFIs are well-placed to catalyze much needed private investment through increased support to countries where public finance on its own is inadequate to address major development gaps.
The SDGs are ambitious global goals that forge the way towards the future that we aspire to. The goals cannot be achieved without the strong commitment of the private sector to work with the public sector to provide solutions and financing needed to achieve the SDGs.
The SDGs provide an opportunity to standardize contributions to sustainable development. Convergence towards a common set of impact indicators will help DFIs to better monitor, manage and communicate to their stakeholders, their contributions to the SDGs.
HIPSO has a dedicated Work Stream for the SDGs.