News

UNCDF and Earth Security Partnerships launch strategic partnership to produce quality analytics to drive innovative finance for the SDGs

  • May 08, 2019

  • New York, United States

Contact

Esther Pan Sloane
Head of Partnerships, Policy and Communications
UNCDF
esther.pan.sloane@uncdf.org

Donika Dimovska
Director of Impact and Innovation
Earth Security Group
donika@earthsecuritygroup.com

One of the key challenges we hear from our private sector partners is that investing in developing countries, particularly LDCs, is too risky given their lack of access to reliable, rigorous data profiling impact drivers for country investments.

Judith Karl
Executive Secretary, UNCDF

The collaboration will produce analysis to help decision makers assess opportunities for investment, including in the Least-Developed Countries

The United Nations Capital Development Fund (UNCDF) and Earth Security Partnerships (ESP) today launched a strategic partnership to boost the quality of information available to global decision makers regarding investments that will advance the Sustainable Development Goals (SDGs).

UNCDF is a UN agency committed to making finance work for the poor in the world’s poorest countries. ESP is the non-profit arm of Earth Security Group, a London-based global advisory firm that helps some of the world’s largest companies and investors to advance social and environmental impacts on a global scale.

The goal of the partnership is to leverage the core competencies of both organizations—the country-level development and impact investment experience of UNCDF with ESP’s analysis and impact intelligence capabilities—to drive greater flows of investment capital to developing countries, including the 47 least developed countries (LDCs), in support of the SDG agenda.

Private capital is necessary to achieve sustainable development by 2030, particularly in the LDCs. The persistent challenge is that the developing countries where development needs are greatest are also where the flows of finance are the scarcest. UNCDF and ESP recognize that the SDGs represent an opportunity map for businesses and investors looking to integrate sustainable development into their decision-making, but find a lack of high-quality, data-based, actionable analysis about where and how to invest to deliver acceptable risk-adjusted returns on investment.

This new strategic partnership will address both of these challenges by analyzing strategic investment scenarios in developing countries, particularly LDCs, highlighting opportunities for promising SDG-positive investments, presented in an annual impact intelligence report. UNCDF and ESP will collaborate on providing this critical information to decision makers, including institutional investors, development finance actors, corporations, and more.

“Earth Security Partnerships is a natural partner for UNCDF” according to Judith Karl, Executive Secretary of UNCDF. “One of the key challenges we hear from our private sector partners is that investing in developing countries, particularly LDCs, is too risky given their lack of access to reliable, rigorous data profiling impact drivers for country investments. ESP’s annual reports will help to fill this gap by providing investment decision-makers the information they need. We are glad that UNCDF can contribute our expertise on issues including blended finance, deal structuring, legislative change, and economic transformation in LDCs to deepen the report’s focus on these critical countries.”

“We are thrilled to be partnering with UNCDF, an agency that is making a difference to the quality and quantity of impact investments flowing to developing countries” said Alejandro Litovsky, Founder and CEO of Earth Security Group. “The collaboration of UNCDF and Earth Security Partnerships is a step-change in the availability of impact intelligence for global investors. This will enable the private sector to make a more effective use of capital and contribute to the inclusive growth of the least developed countries.”

For more information, please contact Esther Pan Sloane, Head of Partnerships, Policy and Communications for UNCDF or Donika Dimovska, Director of Impact and Innovation for Earth Security Group.