NEW DELHI: The UN Development Programme (UNDP) and Invest India on Friday launched the SDG Investor Map for India, laying out 18 investment opportunities areas (IOAs). These IOAs are in six critical sustainable development goals enabling sectors that can help India push the needle forward on sustainable development, UNDP said.
“India occupies a key role in determining the success of the SDGs, globally. This initiative is an instrumental stride in India’s development trajectory, and I believe it couldn’t have come at a better time. We hope our data-backed research and insights serve as useful blueprints to understand how best the SDG financing gap can be narrowed in India,” Invest India MD & CEO Deepak Bagla said.
The development pathway that India chooses will set an example for other emerging nations and determine the achievement of global environmental and social targets, the UNDP said.
Due to the COVID-19 pandemic, the SDG financing gap has widened by an estimated $400 billion in developing countries, adding to the pre-COVID shortfall of $2-2.5 trillion per annum, it said.