173

$172.5 trillion is needed to meet SDGs by 2030

365

$365 Billion annually flows from developed to developing countries

60

$60 billion assets under “impact“ management today

3

3.2% of the world's population is starting social ventures

THE STORY

Achieving the hugely ambitious Sustainable Development Goals will require not just conventional  development assistance but also creative new ways to apply private capital. In short, a paradigm shift is needed.

Impact Investment has gained worldwide traction as a method of solving development problems in a more sustainable way – and that also targets the financial bottom line. International development organizations are beginning to recognize the potential impact investment as a new way of addressing development challenges and scaling up solutions.  The question is how to fully realise this potential.

Striving to answer this question, the United Nations Development Programme (UNDP) and knowledge partner INSEAD Social Entrepreneurship Initiative invite organized a two-day summit on opportunities and mechanisms to promote impact investment for development.

THE SUMMIT

The Summit was a first of its kind collaborative dialogue that convened a wide range of impact business leaders, social venture philanthropists, United Nations officials and other development practitioners, as well as social entrepreneurs, philanthropic organizations, government representatives and leading academics.
The Summit brought together key stakeholders from the growing impact investment ecosystem, in order to create new models of collaboration between investors, ventures, governments and international development organizations.

HOW WAS THIS SUMMIT DIFFERENT?

The IID Summit included a set showcase-sessions for pioneering impact ventures that presented fresh solutions for the SDGs, interactive discussions, a thematic exhibition, and more.

The Summit took place at the Tumo Center for Creative Technologies  – a venue intentionally selected as an example of an innovative impact venture that directly supports development. Several other social enterprises have contributed to the Summit.

The format of the IID Summit was designed by the Value Web, who will helped inspire and engage participants to foster real results.

ABOUT THE HOST COUNTRY

VENUE: Tumo Center for Creative Technologies, Yerevan, Armenia

Armenia’s culture is characterized by an entrepreneurial spirit and a vibrant, engaged Diaspora that potentially holds the key to unlocking the capital flows that can bolster social innovation and the impact investment required to enable it. This unique setting will help us shift our lens to the markets and networks that need our attention most.

Armenia is an ideal laboratory and testing ground for an overt and strategic collaboration between international development organizations and impact investors/entrepreneurs.

Learn More…

Co-organizers

UNDP

INSEAD

Partners

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Supporters