House View by the Chief Investment Office
Mobilizing private wealth for public good
In its white paper for the World Economic Forum (WEF) Annual Meeting in Davos, UBS unveils a blueprint for channeling private wealth towards the United Nations Sustainable Development Goals (UN SDGs) - one aspect of the WEF’s Annual Meeting theme "responsive and responsible leadership".
- According to the white paper's findings, which included contributions from the WEF, private wealth could play a much bigger role in funding the SDGs, yet most initiatives ignore it.
- Private capital is likely to be critical in achieving the SDGs of: zero hunger; quality education; good health and well-being; affordable and clean energy; sustainable industry, innovation, and infrastructure; and climate action.
- After raising a record sum for its Oncology Impact Fund in 2016, UBS will offer a range of new thematic and pooled impact investments and commits to join other major institutions to support Align17 - a WEF Young Global Leaders initiative to create an investing and philanthropic platform focused on addressing SDG funding gaps.
What are the Sustainable Development Goals (SDGs)?
The Sustainable Development Goals (SDGs) have one simple objective: to promote global economic growth and development that is sustainable. Sustainable for whom, though?
What's stopping private wealth from helping fund the SDGs?
There’s no time like the present to engage private investors and encourage them to use their wealth to help fund the SDGs. Why is it not happening?
Which SDGs should private wealth focus on fulfilling?
It is clear, that private wealth alone cannot fulfil all of the SDGs. In our qualitative analysis we highlight those where private wealth has the biggest impact.
Breaking down the barriers to private wealth funding for SDGs
Before making recommendations about how to remove the obstacles preventing greater private wealth engagement in funding the SDGs, it’s important to understand in more detail what the barriers really are.
Recommendations to ready private wealth for public good
To mobilize private wealth commitment to funding the SDGs, we need to start by increasing data availability on where SDG funding gaps lie.