The United Nations Industrial Development Organization (UNIDO) and imfino (Impact Finance Organization) have signed a joint declaration that establishes a framework for cooperation with the objective of promoting and accelerating the achievement of the goals of the 2030 Agenda for Sustainable Development and the Lima Declaration on inclusive and sustainable industrial development.
They intend to actively cooperate and mobilize funding in support of impact finance aligned to the 2030 Agenda for Sustainable Development and creating synergies between Sustainable Development Goals (SDGs) 9 and 11.
“This partnership is a wonderful opportunity for us to work together on innovative finance solutions to close the significant SDG financing gap by creating synergies between public and private investment and UNIDO’s technical assistance services,” said Philippe Scholtès, Managing Director of UNIDO’s Programme Development and Technical Cooperation Department.
Imfino is a non-profit organization based in Vienna that is committed to the 2030 Agenda for Sustainable Development by supporting the SDGs through impact finance.
Richard Vrzal, Managing Director of imfino stated that, “Our goal at imfino is to provide innovative financial tools through various programs such as access to finance for small and medium-sized enterprise and Sustainable Impact Investing Standard (SIIS) for SDG impact measurement to tackle the different financial challenges through Impact Finance by building such partnerships with international organizations and public and private partners to achieve the Sustainable Development Goals.”
The joint declaration expands and strengthens collaboration in areas of mutual interest including: the active dialogue for city-to-city, city-to-business and business-to-business cooperation aligned to the 2030 Agenda; fostering impact investment and formulating joint projects; cooperating to assess funding for sustainable urban-industrial development; working together on the development of projects aimed at promoting access to finance for small and medium enterprises and entrepreneurs in developing countries stimulating inclusive and sustainable industrial development and contributing to the SDGs; the development of impact investment to attain the SDGs on sectoral knowledge; and, lastly, the development and exchange of finance innovations and impact measurement tools.
Original source: UNIDO
Published on 10 January 2019
