Strengthening the private sector’s role in funding initiatives related to UN Sustainable Development Goal 16: Peace, Justice, Strong institutions
Business Plan for Peace is developing an innovative model for peacebuilding support. The concept and practice of impact investing is growing and a number of fund managers are ready to explore how the investment industry could fully realise the opportunities inherent in SDG 16.
The crucial question therefore is how to make peace profitable – more profitable than war.
We currently engage with private philanthropic donors to ensure more money is dedicated to SDG 16 related initiatives. While donations are essential the ultimate aim, which we are collaborating on with our partner organisations, is to identify how an investor can see a return on their investment. In other words, making SDG 16 investible.
Drawing on our work with Peace Direct and many other partners working in areas of armed conflict, we have so far been able to identify 15 practical examples of situations worldwide where investors can make a real impact on preventing or reducing violence, while reaping a dividend in reputational or financial terms.
“Working carefully with development, humanitarian and peace actors to better understand situations on the ground, would enable industry to explore opportunities that also have the potential to contribute to stable and prosperous societies.”
-Victoria Crawford, For the World Economic Forum (WEF).