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2018 HLPF Side Event: Innovation and Impact Investment for the SDGs: Tools for Advancing Reforms
17 Jul 2018 -  2018 HLPF Side Event.

The Sustainable Development Goals call for new approaches and innovative solutions for social change, beyond traditional mainstream development cooperation. Smart and strategic use of resources to leverage private capital is a growing priority defining the depth and pace of implementation of the global goals.

Social entrepreneurship and impact investment provide mechanisms that aim to intentionally generate specific benefits of social or environmental effects along with financial gains – this way creating a mechanism to scale up financing for SDGs beyond resources of governments and donors. Importantly, at the core of such innovative ventures lies the concept of decentralized decision making, bottom-up initiatives, citizen engagement and partnerships that help co-create development solutions to social challenges.

The event will highlight Armenia’s experience in advancing SDG implementation through innovation and partnerships with the private sector, also in the context of the country’s rapid transformation following the Velvet Revolution in April 2018.
Open Video Category
Non-Governmental Organizations