Learn bits
Economy, Ecology & Environment
Admin

27/11/20 14:28 PM IST

SDG Investor Map for India

In news

UNDP and Invest India have launched the SDG Investor Map for India, laying out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors.

Highlights

  • It is the first-ever ‘SDG Investor Map for India’.
  • This initiative is an instrumental stride in India's development trajectory.
  • SDG Finance Facility platform at UNDP in partnership with Invest India, the investment promotion arm of the Government of India has developed this Map.
  • The map will help public and private sector stake-holders direct capital towards IOAs, and White Spaces (Areas of Potential) that can contribute to the sustainable development needs of the country.
  • The map has identified eight ‘white spaces’, which have seen investor interest and have the potential to grow into IOAs in five to six years with policy support and private sector participation.
  • The observations from the map present a strong case for investing in SDG enabling sectors and IOAs, bridging the gap between high-level development targets and the need for commercially viable returns. 

Significance

  • It can help India push the needle forward on Sustainable Development.
  • By mapping the overlaps and gaps between public sector priorities and private sector interest, the SDG Investor Map lays out pathways that can bring together private-sector investment and public sector support for six SDG-enabling sectors.
  • Investing in the SDGs at this point is crucial to ‘building back better’ and making the economy and our societies more resilient and sustainable.

Six focus sectors

  • Education
  • Healthcare
  • Agriculture and allied activities
  • Financial services,
  • Renewable energy and alternatives 
  • Sustainable environment

Source: PIB

More Related Current Affairs View All

19 Sep

Cabinet clears development of Next Generation of satellite Launch Vehicle

'The Union Cabinet, led by Prime Minister Narendra Modi, has approved the development of the Next Generation Launch Vehicle (NGLV).' The NGLV is set to significantly enhance Ind

Read More

19 Sep

Cabinet approves Pradhan Mantri Janjatiya Unnat Gram Abhiyan

'The Union Cabinet recently approved a package that will provide up to ?5 lakh each to tribal households and villages across the country.' The new package also aims to give an i

Read More

19 Sep

‘Bio-RIDE’ scheme

'The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved continuation of the two umbrella schemes of Department of Biotechnology (DBT),' Merged as

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps