An estimated $5-7 trillion a year until 2030 are needed to realize the Sustainable Development Goals worldwide, including investments into infrastructure, clean energy, water and sanitation and agriculture.

The Positive Impact Finance Initiative seeks to address the SDGs financing gap.

“Positive Impact Finance is that which verifiably produces a positive impact on the economy, society or the environment once any potential negative impacts have been duly identified and mitigated.”

Positive Impact Manifesto (May 2017)

The Positive Impact Working Group (PIWG)

The Positive Impact Working Group (PIWG) involves banks and investors that seek to address two key challenges to the financing of the SDGs:

The lack of market clarity: multiple definitions and objectives are being communicated to date on impact. The Positive Impact Finance Initiative seek to create an overarching, holistic and impact-based framework that includes the environment, social and economic development and that allows the current methodologies and definitions to meet under one umbrella: the Principles for Positive Impact Finance. The Principles aim provide a common language that can guide providers of financial services and all relevant stakeholders in their efforts to contribute achieving the SDGs.

The lack of business (supply of bankable assets): projects, entities and individuals which need to be financed do not seem able to comply with the risk/return profiles that make the markets.. Moreover, business and financing models do not reach the level of funding and scale demanded to achieve the SDGs. In partnership with PWC and the WBCSD, the PIWG is producing a Grounding Paper that will assess the SDG financing needs and will identify innovative business and financing models.

More information about the Positive Impact Finance Initiative.

 

  • Europe moves to put its sustainable finance strategy into law

    On May 24th the European Commission released its first legislative package under its Action Plan for Sustainable Finance, including proposals on a sustainable taxonomy and investor duties. The Commission aims to make the financial sector a powerful actor in fighting climate change and meeting the sustainable development goals by further aligning the industry with the […]

  • Blog: Creating an impactful taxonomy

    Sustainable finance is experiencing continued rapid growth. The European Commission’s recent proposal of a taxonomy as a common language for all actors in the financial system – one of several conclusions of its High-Level Expert Group – is an opportunity to establish useful guidance. In his blog, UNEP FI’s Head, Eric Usher welcomes the EC’s […]

  • Positive Impact Finance Initiative featured in UNA-UK publication, SDGs: Delivering Change

    UNEP FI Head, Eric Usher writes about how the Positive Impact Finance Initiative is working with financial institutions to close the Sustainable Development Goals’ funding gap by generating much-needed private sector finance in the UN Association UK (UNA-UK) publication “SDGs: Delivering Change”. Read the article.

  • Stay in touch with the Positive Impact Finance Initiative: Read our new newsletter

    These are exciting times for Positive Impact Finance. $5-7 trillion a year until 2030 are needed to realise the Sustainable Development Goals (SDGs) worldwide. The greater part of the necessary financing and investment will need to stem from private finance. With the Positive Impact Initiative, we’re laying the groundwork for the emergence of an impact-based approach to […]

  • Positive Impact Initiative in the news: Review 2017

    As 2017 is coming to a close, we are providing an overview of the many interesting articles and publications which have been published by the press on the Launch of the Positive Impact Principles and its further developments.

  • UNEP FI, UN Global Compact and PRI form UN Alliance for SDG Finance

    UNEP FI, UN Global Compact and PRI are pleased to anounce the formation of the UN Alliance to maximize their impact on SDG Finance.

  • Webinar: Finance mechanisms to achieve the SDGs

    Watch the recording of a webinar held on 6 December which addressed the issues of assessing needs, set processes developing innovative financial mechanisms and adapting existing instruments for funding the SDGs. It gathered several influential representatives from the finance community and the corporate sector to discuss the challenges of the financing the SDGs. The webinar was organised by Climate Action and Sustainable Investment Forum Europe and featured UNEP FI’s Careen Abb from the Positive Impact Initiative.

  • Presentation and Launch of the Positive Impact Initiative

    UNEP FI is pleased to announce the upcoming presentation and regional launch of its Positive Impact Initiative in Johannesburg, South Africa, on 29th November 2017, which will be hosted by the Johannesburg Stock Exchange (JSE), the oldest and largest stock exchange in Africa.

  • Presentation and launch of the Positive Impact Initiative

    UNEP FI is pleased to announce the upcoming presentation and launch of its Positive Impact Initiative in Amsterdam, the Netherlands, on 23rd November 2017, which will be hosted by Dutch Central Bank De Nederlandsche Bank (DNB), in partnership with the Dutch members of the Positive Impact Initiative: ABN AMRO, ING Bank and Triodos Bank.

  • Presentation of the Positive Impact Initiative in Chile, 21 November 2017

    On the 3rd edition of the Latin American Conference on Responsable Investment in Santiago de Chile on November 21st 2017, the Positive Impact Initiative was invited to present its innovative impact-based financing paradigm. 

  • Societe Generale’s Sustainable and Positive Impact Finance Conference

    Societe Generale organised the Sustainable and Positive Impact Finance Conference in Paris on November 9th 2017, which gathered nearly 200 Corporates & Financial Institutions to discuss the stakes of inaction on climate change and the essential role of the private sector in this shift to sustainable development.

  • Tawreeq Holdings endorses the Positive Impact Manifesto and the Principles for Positive Impact Finance

      UNEP FI is pleased to welcome the 23rd financial institution to join the Positive Impact Initiative. Tawreeq Holdings Limited, with subsidiaries in the UAE and Luxembourg, specializes in comprehensive Supply Chain Finance (SCF) solutions for Small and Medium-size Enterprises (SMEs) and their corporate clients across the MENA region. These solutions are made available through […]

  • New Report on the UN and Financing the 2030 Agenda for Sustainable Development Features the Positive Impact Initiative

    8 September 2017        New Report “Financing the UN Development System: Pathways to Reposition for Agenda 2030” Features the Positive Impact Initiative Did you know that the UN was the single largest channel of multilateral aid in 2015? Want an overview of the revenue, income, and expenditure of the UN Development System? Interested […]

  • Finance for Tomorrow and UNEP FI announce collaboration on promoting sustainable finance and achieving the Sustainable Development Goals

    28 July 2017 The goal of UNEP FI’s Positive Impact Initiative is to drive the financing of the UN’s Sustainable Development Goals by working with stakeholders in the finance industry and beyond. Finance for Tomorrow is working towards the promotion of sustainable finance in France and abroad, already working with many of our members from […]

  • Positive Impact Initiative African Launch

    UNEP FI and Casablanca Finance City are pleased to anounce the regional launch of the Positive Impact initiative and the Principles for Positive Impact Finance, held in Casablanca on July 6th 2017.

  • Aviva endorses Positive Impact Manifesto and Principles for Positive Impact Finance

    UNEP FI is pleased to welcome the first insurance company and 22nd financial institution to join the Positive Impact Initiative. Aviva is the UK’s largest insurer with a long-standing tradition of engagement, including with global policy-makers, in relation to the challenge of financing the Sustainable Development Goals (SDGs). “The SDGs have to become a defining element […]

  • Australia’s NAB latest financial institution to sign up to the Principles for Positive Impact Finance

    UNEP FI is very pleased to welcome the 21st financial institution to join the Positive Impact Finance Initiative. NAB is one of the four largest financial institutions in Australia and has been actively supporting the growth of the Australian impact investment market, and in particular supporting the transition to a low carbon economy. NAB supports […]

  • 19 leading global banks and investors totaling $6.6 trillion in assets launch Principles for Positive Impact Finance

    Paris, 30 January 2017

    Today, 19 leading global banks and investors totaling $6.6 trillion in assets, launched the Principles for Positive Impact Finance at an event in Paris. The programme of the event is available here.

    Read the press release in English and in French.

  • Webinar: Finance mechanisms to achieve the SDGs

    Watch the recording of a webinar held on 6 December which addressed the issues of assessing needs, set processes developing innovative financial mechanisms and adapting existing instruments for funding the SDGs. It gathered several influential representatives from the finance community and the corporate sector to discuss the challenges of the financing the SDGs. The webinar was organised by Climate Action and Sustainable Investment Forum Europe and featured UNEP FI’s Careen Abb from the Positive Impact Initiative.

  • Presentation and Launch of the Positive Impact Initiative

    UNEP FI is pleased to announce the upcoming presentation and regional launch of its Positive Impact Initiative in Johannesburg, South Africa, on 29th November 2017, which will be hosted by the Johannesburg Stock Exchange (JSE), the oldest and largest stock exchange in Africa.

  • Presentation and launch of the Positive Impact Initiative

    UNEP FI is pleased to announce the upcoming presentation and launch of its Positive Impact Initiative in Amsterdam, the Netherlands, on 23rd November 2017, which will be hosted by Dutch Central Bank De Nederlandsche Bank (DNB), in partnership with the Dutch members of the Positive Impact Initiative: ABN AMRO, ING Bank and Triodos Bank.

  • Societe Generale’s Sustainable and Positive Impact Finance Conference

    Societe Generale organised the Sustainable and Positive Impact Finance Conference in Paris on November 9th 2017, which gathered nearly 200 Corporates & Financial Institutions to discuss the stakes of inaction on climate change and the essential role of the private sector in this shift to sustainable development.

  • Webinar: How can financial services innovate to achieve the UN Sustainable Development Goals?

    From gender parity to inequality and climate action, the SDGs present an opportunity to transform the impact that the financial services industry has on society.  In order to achieve the goals by 2030, an additional $2.5tr is needed annually. Join EY and practitioners from BNP Paribas, Aviva, CDC Impact investors and UNEP FI to explore how financial services can play a key role in plugging the gap.

  • Positive Impact Initiative African Launch

    UNEP FI and Casablanca Finance City are pleased to anounce the regional launch of the Positive Impact initiative and the Principles for Positive Impact Finance, held in Casablanca on July 6th 2017.

  • Brazilian Launch of the Principles for Positive Impact Finance

    The Brazilian launch of the Principles for Positive Impact Finance will take place in Sao Paulo, Brazil on June 6th, 2017.

  • Webinar: The Next Steps for the Principles for Positive Impact Finance

    Positive Impact Initiative The Positive Impact Initiative is driven by a group of UNEP FI members seeking to establish a new financing paradigm based on a holistic appraisal of impacts to the three pillars of sustainable development. This is seen as the key to the twin challenges of future-proofing business and achieving the Sustainable Development […]

  • Launch of the Principles for Positive Impact Finance

    The Principles for Positive Impact Finance were launched 19 leading banks and investors totaling $6.6 trillion in assets in Paris on January 30th 2017. The programme of the event is available here.

    Read the press release in English and in French.

  • Financing the UN Development System: Pathways to Reposition for Agenda 2030

    Financing the UN Development System: Pathways to Reposition for Agenda 2030 September 8th, 2017 This new report, a collaboration between the Dag Hammarskjöld Foundation and the UN Multi-Partner Trust Fund Office, looks at the major trends, opportunities and challenges around financing the UN and the 2030 Agenda more broadly. UNEP FI, through initiatives such as […]

  • Principles for Positive Impact Finance

    The Principles for Positive Impact Finance provide guidance for financiers and investors to analyse, monitor and disclose the social, environmental and economic impacts of the financial products and services they deliver. They provide a global framework applicable across different business lines, including retail and wholesale lending, corporate and investment lending, and asset management. The Principles require […]

  • Positive Impact Manifesto

    The Positive Impact Manifesto invites banks and other financial sector players to think more holistically about their role in the economy, society and the broader environment, and proposes a ‘Roadmap’ to establishing a new, impact-based and market-driven paradigm: positive impact finance. Positive Impact finance is defined in the Manifesto as “that which verifiably produces a […]