UBS lead SDG blended finance initiative
British International Investment (BII) and the U.S. International Development Finance Corporation (DFC) have signed on as anchor investors for USB’s pioneering $100m blended finance initiative focused on delivering Sustainable Development Goal (SDG)-aligned outcomes.
The SDG Outcomes initiative was developed by UBS Optimus Foundation and Bridges Outcomes Partnerships, a specialist not-for-profit, and has also seen investment from private investors including
Legatum, family offices such as the Tsao Family Office, and other high net worth individuals.
The initiative works with governments, corporations and other outcomes funders to design, support and deliver projects for those who need it most, especially in Africa and Asia, and in other low- and middle-income countries around the world. So far, SDG Outcomes has invested in three high-impact educational and environmental programs in Sierra Leone, Ghana and Nigeria.
Maya Ziswiler, CEO of the UBS Optimus Foundation, said: “The SDG Outcomes initiative is one of the first of its kind to provide the scale so desperately needed to provide real impact. By creating an investible solution, we can help our clients and partners to mobilize all forms of capital – from philanthropic, through to public and private investors motivated by both financial and non-financial returns on their investments. We are excited to be bringing this landmark initiative to market.”
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