Tomorrow, the OECD and the United Nations Development Programme (UNDP) are launching their Impact Standards for Financing Sustainable Development - a move that Cliff Prior, Chief Executive of the Global Steering Group for Impact Investment describes as “really remarkable”.
“It is bringing together the richer donor countries and the UN's interest in the whole world, including the emerging economies,” he says.
“This is a set of standards which is very much focussed on the development assistance side, and it is really great to see the OECD and UNDP working together. This is a really important step.”
The OECD UNDP Impact Standards for Financing Sustainable Development will be the latest addition to a suite of standards that the UNDP has been developing, including the SDG Impact Standards for Private Equity Funds, the SDG Impact Standards for Bonds and the SDG Impact Standards for Enterprises.
“Together, the four sets of standards connect diff…