January 16, 2017
In this article, two UBS executives, Haefele and Smiles, discuss how the improved allocation of private capital is required in order to address global challenges such as the targets of the UN Sustainable Development Goals (SDGs). The duo notes that, “private investment alone cannot meet the SDGs – regulatory change, philanthropy, and public investment will also be required. But it will be a crucial source of capital.” As such, they demonstrate how impact investing will play a role in filling the SDG funding gap and reference a UBS white paper, which was prepared ahead of the World Economic Forum (WEF) Annual Meeting in order to provide a blueprint for channeling private wealth towards the SDGS.