IDP Foundation’s commitment to advancing progress to the Sustainable Development Goals 2030
IDP Foundation seeks to achieve sustainable impact through partnering, learning, and collaboration. Our active funding and advisory support are underpinned by the global collective commitment to the Sustainable Development Goals 2030. The collection of 17 global objectives were adopted by the United Nations (UN) in 2015 to eradicate poverty, protect the planet and build a peaceful and prosperous world.
The SDGs consist of 169 targets that lay out universal actions to address a variety of global challenges such as poverty, hunger, health, education, global warming, and gender equality over the 15 years from 2015 to 2030. The SDGs recognize the need for strategies that foster economic development to address these challenges and many philanthropists, including IDP Foundation, have identified the huge potential impact investing can have in promoting prosperity while protecting the planet. We understand the pivotal role impact investing can have in accomplishing the SDGs as we seek to encourage and support local actors, innovators and researchers addressing critical global issues.
In early 2017, we incorporated alignment with the SDGs into our impact investment practices. It is an important part of what we do – the underlying thread that binds our entire philanthropic activities. Today, we proactively gather data from individual fund impact reports and fund managers to create a profile that systematically measures each impact fund according to the SDGs. Read more about impact investing and how we measure the impact of our investments.
Despite being past the halfway mark to the 2030 goals progress has been slow, and many gains were disrupted by the COVID-19 pandemic. This is why it is important than ever for all stakeholders to come together with a joint and co-ordinated focus on new ways to bring more innovative finance from more sources, including grants, impact investing and blended finance models, so that progress towards the sustainable development goals can get back on track.