The Purpose and Agenda of the UN SDG Investment Fair

The 9th edition of the Fair will take place in and around the United Nations Headquarters in New York in the margins of the ECOSOC Forum on Financing for Development on 23-25 April 2024. The event brings together over 5,000 participants from governments and the private sector, featuring dedicated networking sessions for direct interaction with all stakeholders.

Force for Good attended and participated in the Fair, forming part of the panel summarising and drawing the Fair to a close, as well as providing insights and training to member states on business plans that can get funded. More | Video

Summary, Drawing it Together

Global South: A Focus on SIDS and LLDCs Advancement

Co-Hosted by The Government of Türkiye and The Government of Azerbaijan

16:30-19:30 Türkevi Center, Turkish House, 821 United Nations Plaza

This special closing event showcased achievements and innovative solutions toward impact investing and SDG-aligned investments in the Global South. By fostering cross-country dialogue and collaboration, it was a dynamic platform for countries and private investors to exchange knowledge and good practices, enriching a collective understanding of effective strategies for mobilizing private resources towards the SDGs in SIDS and LLDC countries. It made a wider contribution to the thinking on funding the Global South.

This concluding session of the Fair considered the opportunities and challenges in securing funding for the Global South. The concluding message of the panel pointed to the unmet needs of the countries, the tough conditions under which most of the poorest countries operate, the difficult risk environment they deal with, the paucity of capital to fund progress, and how entrepreneurs succeeding in these environments stand to be some of the most innovative, resilient and frugal in the world, providing hope for others.

Panel
Moderator: Mr. Sahba Sobhani, Director, UNDP Istanbul International Centre for Private Sector in Development
Opening remarks: Mr. Navid Hanif, Assistant Secretary-General for Economic Development, United Nations Department of Economic and Social Affairs
Panelists:
  • H.E. Ms. Esen Altuğ, Director-General for Multilateral Economic Affairs, Ministry of Foreign Affairs, Türkiye
  • H.E. Mr. Ali Naseer Mohamed, Permanent Representative of the Maldives to the United Nations
  • Mr. Huseyn Huseynov, Head of Department for Sustainable Development and Social Policy, Ministry of Economy, Azerbaijan
  • Mr. Craig Cogut, Founder, Chairman and CEO, Pegasus Capital Advisors
  • Mr. Farhod Inogambaev, Managing Director, Debt Capital Markets Investment Banking, Oppenheimer
  • Mr. Ketan Patel, CEO, Greater Pacific Capital and Chairman, Force for Good Initiative
Closing Remarks:
H.E. Mr. Walton Webson, Permanent Representative of Antigua and Barbuda to the United Nations
H.E. Mr. Ernest Rwamucyo, Permanent Representative of Rwanda to the United Nations
Full Agenda: More

Delivering Finance to the SDGs, Practical Guidance

Training and Insights for Member States on Business Plans and Funding

09:15-12:00 United Nations Secretariat, Room S-1520 (for Member States by Invitation Only)

The workshop aims to strengthen countries' capacities to mobilize private investment and finance their SDG projects Topics covered include: Project Preparation, Funding Sources including Debt Capital Market Instruments – Traditional and Alternative, Project Finance and Risk Mitigation, and Storytelling and Execution.

Force for Good’s contribution to this initiative was to provide training for member states on the planning, analysis and presentation required to produce plans for funding, drawing on the private sector insights from the private sector investment experience of the team. They emphasised the need to address not only the opportunity but in particular the risks and the mitigations of these.