SDGs for people, planet and prosperity
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This paper provides an overview of the rationale, background, methodology and scope of FAO’s support to compliance with the Sustainable Development Goals (SDGs). The 2030 Agenda for Sustainable Development, along with the Addis Ababa Action Agenda (AAAA) on Financing for Development, calls for worldwide action from governments, private sector and civil society to align their strategies, operations and activities with the principles outlined in the SDGs. The 2030 Agenda marks a significant shift from traditional development approaches by recognizing the important role the private sector has to play in achieving sustainable development for all. Financing the realization of all SDGs will require additional annual investments of approximately 2.5 trillion and it is essential to engage the private sector and to ensure that private investments be SDG-compliant.
In line with its responsibilities as a custodian UN agency for 21 SDG indicators and as a contributing agency for a further six, FAO is actively working towards mainstreaming SDG compliance into private sector operations along agricultural value chains. The Organization is enhancing its support to the creation of enabling environments for SDG-compliant investments, while also significantly increasing its engagement with financial institutions. The ultimate aim of this process is to ensure that FAO’s strong knowledge base available for governments is suitable for being integrated into investment contracts of loans, guarantees and equity, which development bankers and, indeed, private banks and investment funds are signing.