Mobilizing private wealth for public good

UBS white paper for World Economic Forum annual meeting 2017

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In its white paper for the World Economic Forum (WEF) Annual Meeting in Davos, UBS unveils a blueprint for channeling private wealth towards the United Nations Sustainable Development Goals (UN SDGs) – one aspect of the WEF’s Annual Meeting theme “responsive and responsible leadership”.

  • According to the white paper’s findings, which included contributions from the WEF, private wealth could play a much bigger role in funding the SDGs, yet most initiatives ignore it.
  • Private capital is likely to be critical in achieving the SDGs of: zero hunger; quality education; good health and well-being; affordable and clean energy; sustainable industry, innovation, and infrastructure; and climate action.
  • After raising a record sum for its Oncology Impact Fund in 2016, UBS will offer a range of new thematic and pooled impact investments and commits to join other major institutions to support Align17 – a WEF Young Global Leaders initiative to create an investing and philanthropic platform focused on addressing SDG funding gaps.

  


#WEF17

Published by

gabugo

Author, Pastor, Development and Valuation Surveyor, CEO LandAssets Consult Ltd., Publisher, The Property Gazette.

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