THE SDG OUTCOMES FUND

Projektträger – zwischengeschaltetes Finanzinstitut

BRIDGES OUTCOMES LTD,UBS FUND MANAGEMENT (LUXEMBOURG) SA,UBS OPTIMUS FOUNDATION

Ort

• Regionalvorhaben - Afrika
• Regionalvorhaben Indischer Ozean

Beschreibung

The project concerns an equity participation in the Sustainable Development Goals (SDG) Outcomes Fund, an impact equity fund targeting investments in development and social outcomes-based mechanisms. This operation will support programme implementers, with the goal of delivering better tangible impact outcomes to those who need it the most, in support of the EU-Africa Global Gateway Investment package objectives. The Fund will focus mainly on Regional Africa but will also target low-and middle-income countries in South and East Asia on an opportunistic basis. To this extent, the team will aim to allocate 70% of total invested amounts to eligible beneficiaries under the African, Caribbean and Pacific (ACP) Trust Fund representing more than c. 3x EIB commitment to the Fund.

Ziele

The aim is to support the education, environment, employment and healthcare sectors in these regions, through the implementation of innovative results-based programs by (i) investing in economically or socially disadvantage communities by delivering better health, employment, and educational outcomes to those who need them the most, (ii) improving agriculture and/or ecosystems through delivering environmental outcomes, while (iii) unlocking investments from the private sector and other Multilateral Development Banks. Individuals benefiting from these programs include children and adults in or at-risk of extreme poverty, individuals at-risk of easily preventable illnesses, and young people lacking access to basic education and employment. As a result, the Fund aims to contribute towards achieving the UN Sustainable Development Goals (SDGs) with a particular focus on SDG 1 (No poverty), SDG 3 (Good Health and Wellbeing), SDG 4 (Quality Education), SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth), SDG 13 (Climate Action), SDG 14 (Life under Water) and SDG 15 (Life on Land).

Sektor(en)

• Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 18 million (EUR 17 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 100 million (EUR 92 million)

Umweltaspekte

The fund's operational guidelines will provide for environmental and social due diligence of investee companies according to guidelines acceptable to the EIB.

Auftragsvergabe

The fund is expected to comply with EIB's procurement guidelines.

Projektstatus

Genehmigt - 6/11/2024