Youth Corner

It is vital to raise awareness about the Sustainable Development Goals (SDGs) and the 2030 Agenda for Sustainable Development among youth. The UN Joint SDG fund aims to build a global platform for discussion, and create the conditions for active engagement with young people for sustainable development.

About

Main Contacts


The UN Joint SDG Fund provides catalytic grants to unblock SDG investment opportunities to accelerate countries toward the SDGs. Grants are provided to countries to demonstrate investment concepts while support is provided by a consortia of UN agencies, development banks and public and private investors. In addition to financial support, the UN supports the development of the enabling environment for more effective SDG investment at country level while empowering national political and business leadership to drive the agenda. Through UN country teams and partners in country, our grants support financial and political de-risking. We also provide parallel funding to support creation of the wider policy and legislative ecosystem for investments and provide technical assistance.

Our partners will manage and capitalise impact funds, issue thematic bonds, co-manage enterprise innovations and challenge funds. They will run accelerators for impact enterprises. We will blend these investments with smart public subsidies, serving as a buffer to de-risk the investments, and to introduce novel SDG-aligned financial products.

The Fund received proposals to craft or enhance blended financing schemes and deals from over 100 developing countries, some among the poorest and most vulnerable to climate change. These proposals are in the concept-development stage. Convergence Blended Finance, with support from the Rockefeller Foundation, Transform Finance, and the OECD, led the selection of the ideas considered most likely to become future-proof transactions. They were selected on the basis of the impact they aimed to achieve, the leverage they sought to obtain, the partners already  joined in the effort, the innovation brought forth to be taken to scale and the operational capacity they showed. These 28 proposals were awarded preparatory funding up to US$200,000 and four months to nurture and expand from an initial concept to a fleshed-out proposal. The ongoing due diligence process of the Fund will decide where to invest, up to US$10 million per country, over the next 4-5 years.