Going for Goals

Delivering innovative finance for people, planet & prosperity

The need for further investment
The 2030 sustainable development agenda, adopted by the United Nations, commits the world on a course to end poverty, protect the planet, and ensure health and prosperity for all. But in order to drive that forward there needs to be sufficient finance. In fact, it’s estimated that an extra $2.5 trillion of funding will be needed each year to achieve this. So just where is that money going to come from?

It’s not enough for nonprofits and governments alone to tackle global issues including ensuring access to health care, slowing climate change, and promoting equality. New players are entering this space — innovating around creative ideas, methods and techniques to fund life-changing projects and alleviate some of the world’s biggest challenges.

Where’s the innovation?
Let’s take an in depth look. Over the next 10 weeks Devex, along with our partners, will explore innovative financing mechanisms, asking how cross-sector collaboration can lead to improved outcomes, and discussing what it takes to build successful partnerships for change. Through the lens of People, Planet, and Prosperity, we’ll bring together a wealth of insights.

People

With a focus on finding the funds to finance the 2030 sustainable development agenda, keeping people and their needs at the forefront of change can be difficult. We ask how this can be done and take a look at those financing models making the most difference to people’s lives.

Going for Goals: How to innovate on health sector financing

By Malia Politzer / Devex

Despite major improvements in health outcomes over the past 30 years, we still have a long way to go. Achieving the Sustainable Development Goals will need considerable resources, which is why finding innovative financing methods will be critical to their success or failure. Devex examines some of the challenges and opportunities of different financing mechanisms — from public-private partnerships, to blended finance and impact investing.

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Can a for-profit company bring connectivity to ultra-remote villages?

By Sophie Edwards / Devex

Opinion: Innovative financing methods driving better health care for all

By Omar Campos, Jan-Willem Scheijgrond / Philips

DevExplains: Development impact bonds

By Adva Saldinger / Devex

Polio: Closing in on zero

By Catherine Cheney / Devex

Opinion: High returns await those investing in population health

By Arnaud Bernaert and Vanessa Candeias / WEF

3 tips for success in implementing global health projects

By Naomi Mihara, Helen Morgan / Devex

Planet

When it comes to climate change and its effect on health and wellbeing, is money the answer? We examine the investments being made to prevent, manage and respond to natural disasters and take a look at where potential funding could come from to ensure a sustainable future for all.

5 climate-smart investments

By Rebecca Root, Naomi Mihara / Devex

When it comes to climate change, the push to prevent the planet from warming by an additional two degrees needs to be driven by more innovative and effective financing. Devex hears from Alzbeta Klein, the International Finance Corporation’s director and global head of climate business about the “trillions” of investment opportunities to be had, particularly for the private sector, to help tackle climate change.

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Opinion: Global health — why we need win-win solutions

By Neven Mimica / European Commission

G-20 development pledges overshadowed by climate rift

By Andrew Green / Devex

Opinion: Getting climate infrastructure right — A stronger role for development banks

By Jorge Moreira da Silva / OECD

Q&A: UN's Dessima Williams on the blue economy and why it matters

By Amy Lieberman / Devex

Beyond ecotourism: What the travel sector can really do for development

By Catherine Cheney / Devex

Germany pushes development for upcoming G-20 summit

By Andrew Green / Devex

Prosperity

Does economic progress lead to improved global health or does access to health care lead to increased prosperity? We examine the link between the two factors and look at ways issues such as equality, famine and disease are being tackled in practical terms to bring about a more prosperous environment.

How venture capital can help finance the SDGs

By Catherine Cheney / Devex

Venture capital is one source of financing that might contribute to the $2.5 trillion of funding that will be needed to achieve the United Nations Sustainable Development Goals by 2030.

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Q&A: IFC’s Albena Melin on the need for a common understanding of sustainable investment

By Rebecca Root / Devex

How to finance innovative young entrepreneurs

By Johnny Dubbaneh, Helen Morgan / Devex

Opinion: How technology is helping India move toward smart service delivery

By Jaco Cilliers / UNDP

Opinion: More money alone won’t meet SDG 3

By: Susann Roth / ADB

Q&A: Jeff Sachs on anti-poverty financing — a failure of moral imagination and will?

By Helen Morgan / Devex

Opinion: How to generate increased investment to tackle antimicrobial resistance

By Paul Schaper / Merck

Dive In Deeper

India turns to the private sector to bring health care to underserved areas

By Sophie Bader / Devex

At a government hospital in the northern Indian state of Haryana, a public-private partnership is working to bring high-end diagnostic services to those who previously couldn’t afford it, or lacked access. It’s here where technology is enabling the state’s best radiologists to connect with patients in far-flung areas.

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Is incentive-based pay for India’s community health workers working?

By Sophie Bader / Devex

Innovative financing for health: Insights from the Grand Challenges Award Repository

By Lisa Cornish / Devex

Financing the SDGs: Innovative solutions for the funding gaps

By Devex Editor

Partners

European Investment Bank

The EIB is the bank of the European Union, and invests in projects in the 28 EU member states and more than 130 other countries around the world. The bank helps the EU meet its objectives globally including to deliver the Sustainable Development Goals. Alongside our partners, the bank aims for the highest developmental impact: getting other investors on board for projects and initiatives that bring support to microenterprises and start-ups all the way up to key infrastructure where it’s most needed. The goals are the same: creating jobs and opportunity, a clean planet and a better quality of life for all of us.

Partner Resources:

International Finance Corporation

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, IFC uses its six decades of experience to create opportunity where it is needed most. In financial year 2016, long-term investments in developing countries rose to nearly $19 billion, leveraging its capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity.

Partner Resources:

Philips

Philips is a leading health technology company focused on improving people’s lives across the health continuum — from healthy living and prevention, to diagnosis, treatment and home care. Applying advanced technologies, and deep clinical and consumer insights, Philips delivers integrated solutions that improve people’s health and enable better outcomes. Partnering with its customers, Philips seeks to transform how health care is delivered and experienced. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.

Partner Resources:

United Nations Development Programme

UNDP works in nearly 170 countries and territories, helping to achieve the eradication of poverty, and the reduction of inequalities and exclusion. It helps countries to develop policies, leadership skills, partnering abilities, institutional capabilities and build resilience in order to sustain development results.

Partner Resources:

Devex

Devex is the media platform for the global development community. A social enterprise, we connect and inform 800,000+ development, health, humanitarian and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people.

Partner Resources:

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