UNDP And Invest India Launches SDG Investor Map For India
The United Nations Development Programme (UNDP) and Invest India launched the SDG Investor Map for India, laying out 18 investment opportunities areas (IOAs). These IOAs are in six critical SDG (sustainable development goals) enabling sectors that can help India push the needle forward on Sustainable Development, the UNDP, which works to eradicate poverty and reduce inequalities through the sustainable development of nations, said in a release.
The SDG Investor Map thus maps the overlaps and gaps between public sector priorities and personal sector curiosity, aiming to bridge the hole between private-sector funding and public sector help for six SDG-enabling sectors that embrace training, healthcare, agriculture and allied actions, monetary providers, renewable vitality & options and sustainable surroundings. “India occupies a key role in determining the success of the SDGs, globally. This initiative is an instrumental stride in India”s development trajectory, and I believe it couldn’t have come at a better time. We hope our data-backed research and insights serve as useful blueprints to understand how best the SDG financing gap can be narrowed in India,” Invest India MD & CEO Deepak Bagla said. The development pathway that India chooses will set an example for other emerging nations and determine the achievement of global environmental and social targets, the UNDP said.
“The Map comes at a crucial time for India. With the emergence of the COVID-19 pandemic, the financing hole for the SDGs in India has solely widened additional and many years of growth progress is almost on the verge of a reversal. Investing within the SDGs at this level is essential to ‘Constructing Again Higher’ and making the economic system and our societies extra resilient and sustainable. Enhanced productiveness, expertise adoption and elevated inclusion are all crucial components that this map makes use of to determine probably the most enticing sectors for traders,” Shoko Noda, Resident Consultant, UNDP India.
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, environmental 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. 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 long-term sustainability.
Steps were taken by India to achieve the SDGs
To comply with the SDG, India have taken several steps in 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 the 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.