As per the World Investment Report - At current levels of investment in SDG-relevant sectors, developing countries face an annual gap of $2.5 trillion. Estimates for total investment needs in developing countries alone range from $3.3 trillion to $4.5 trillion per year, for basic infrastructure (roads, rail and ports; power stations; water and sanitation), food security (agriculture and rural development), climate change mitigation and adaptation, health, and education.
Current annual investment is about $1.4 trillion – both public and private funding put together - in SDG-related sectors in developing countries, an average annual funding shortfall over 2015-2030 of $2.5 trillion still remains.
Private sector contributions – through both good governance in business practices and investment in sustainable development – will be critical to the realization of the SDGs.
And we need to enhance the role of private sector contributions to the pursuit of positive economic, social and environmental outcomes – especially more in developing countries.
The 3rd webinar in the series, "Responsible Investments and Sustainability (SDGs)” explores the current and upcoming policies and practices in the space of private funding towards Sustainable Development. It is also interesting to note how more and more investments are being focused on for-profit startups, and are adopting sustainability.
Responsible investments are becoming more prevalent and have a significant role to play if the world has to get any closer to achieving Sustainable Development Goals.
We are excited to invite you to register for Episode 8. Interested folks can register using the link below.
Smita leads the Clean Energy and Climate Action Portfolios at Social Alpha. Social Alpha is an initiative to drive economic growth, social justice and climate action through the power of entrepreneurship and market-creating innovations. Smita has been deeply engaged with the global energy access ecosystem for more than 13 years, contributing across a wide spectrum of institutional programmes and interventions in public, private and development sectors.
Smita is passionate about catalysing large-scale yet inclusive social change through responsible investments and market based solutions. Smita firmly believes that an honest engagement with the primary stakeholders must include women and other on-the-margin populations and advocates better contextualisation of solutions for community adoption, scale and deep impact. She has extensively worked on designing and implementing evidence-driven strategies that accelerate and sustain social impact. Prior to joining Social Alpha, Smita worked with organisations such as TERI, Sambodhi, Ashden India Renewable Energy Collective (AIREC) and Tata Trusts. Smita holds a Masters degree in Environmental Sciences from TERI University and is a Rockefeller Foundation Global Fellow on Social Innovation.
Priscilla is a policy analyst on private funding for Sustainable Development at OECD (Organization for Economic Co-operation and Development). She leads the work on impact as part of the Blended Finance team. She has 13 years of experience in research, policy and training - and in building networks.
Ruchi is the senior manager on the Strategy and Impact team at Omidyar Network India (ONI), and is responsible for measuring our portfolio’s impact, taking a holistic view on strategy and ensuring that we are continually learning in order to make better investments going forward. Before joining ONI, she worked across diverse industries – consulting, private-equity, education, healthcare and manufacturing. Ruchi has an MBA from Harvard Business School and a Bachelor’s degree in mechanical engineering from the Massachusetts Institute of Technology.
Smita Mishra is the founder of Fandoro Technologies, a SaaS startup that helps businesses become planet-positive through the adoption of the UN Sustainable Development Goals framework. They help enterprises build purpose-led businesses by identifying and managing their sustainability-related risks and opportunities. She’s also the Founder and CEO of QAZone Infosystems, a software testing firm.
Smita is an experienced entrepreneur with a demonstrated history of working in the financial services, retail, banking, and utility industries. As a computer science engineer, Smita is skilled in data analytics and user experience. She’s also adept in the areas of business risk mitigation for tech products as well as project/product/test management.Aside from also being an international speaker on technology and diversity in tech, Smita also engages with different forums to assist growth for women in her field.