… Target Sectors to include Agriculture
The United Nations Development Programme (UNDP) Nigeria has launched the Sustainable Development Goals (SDG) Investor Maps to attract investors into three sectors, including the agricultural sector. Backed by relevant data to identify and increase SDG-aligned actionable investments in Nigeria, it provides market intelligence on investment opportunities.
This tool will impact three key areas: management, to better decisions that drives investment capital to where it is needed, intelligence, to produce data and insight needed for increasing financial flows to the SDGs and facilitation, to foster matchmaking and collaboration to realize investments.
SDG Investor Maps identify concrete, investable solutions to increasingly pressing needs at country level. The data points are underpinned across six categories, which include, need case: what drives the opportunity, overview: where and to what end would the investment take place; economic factors: commercial drive for investment. Others are, enabling factors: regulatory, financial and partnership; risk factors: potential barriers and impact: degree of impact.
In a statement released by the UNDP Nigeria Representative, Mohammed Yahya, the launch of this platform is as a result of the 2030 Agenda for Sustainable Development which advocates private sector investments in achieving the SDGs.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, commended the initiative, stating that the project will help to ensure turnaround for investors in the country. Ahmed added that collaboration must be fostered at the “national and regional levels between government, civil societies, the private sector and international development and financial institution partners”.
With the effects of the Covid-19 pandemic on domestic revenues, the SDG Investor Maps will empower investors with the right information on investment opportunities available to them.