UNIDO Calls for Industry-Led Blended Finance at FfD4 to Bridge SDG Investment Shortfall
SDG 9: Industry, Innovation and Infrastructure
SDG 17: Partnerships for the Goals
Institutions: Ministry of Commerce & Industry; Ministry of Finance
At the Fourth International Conference on Financing for Development (FfD4) in Sevilla, UNIDO reiterated its commitment to helping Member States unlock both public and private capital for sustainable industrialization and SDG advancement. Managing Director Gunther Beger emphasized the necessity of a paradigm shift in development cooperation, urging deeper collaboration with development finance institutions, international financial institutions, and the private sector to channel investments into manufacturing, agro-processing, and local value addition.
Participants endorsed the Compromiso de Sevilla, reaffirming the importance of blended finance approaches to promote industrial development and support developing countries in building productive capacities and integrating into global trade. UNIDO showcased its flagship initiatives, including policy guidance on aligning industrial and STI policies, blended finance partnerships, the forthcoming Transformation Pathways Fund, and innovative financial instruments to support MSMEsโall aimed at securing investment for SDG-aligned industrial transformations.
Relevant question for policy stakeholders: How can India design a blended finance frameworkโdrawing from UNIDOโs FfD4 proposals - to mobilize sustainable industrial investments in sectors like agro-processing and MSMEs, while integrating STI policy coherence and institutional capacity-building?
Follow the full news here:
https://www.unido.org/news/ffd4-unido-promotes-industry-solutions-bridge-sdg-funding-gap