Major milestone for Impact Investment achieved 

Austria and UNIDO Sign Joint Declaration to Support Global Impact Investment Foundation.


The Joint Declaration signed by Austria’s Chancellor Christian Kern and UNIDO Director General LI Yong signals the start of a cooperation with UNIDO and the Global Impact Investment Foundation (GIIF). Impact investment is one of the key instruments for implementing the United Nation’s Agenda on Sustainable Development Goals (SDGs).

The established foundation concentrates on promoting and driving Impact Investing on a global scale. This is enabled through the development of appropriate market structures and tools to encourage and enable social entrepreneurs. In addition, the Foundation supports the connection between social entrepreneurs and impact investors.

I’m not only an impact investor but also the President of GIIF. Social entrepreneurs are the drivers behind the progress in addressing the sustainable development goals. This signature and the active support of the Republic of Austria and UNIDO of the GIIF marks an important milestone for each such social entrepreneur and the Impact Investing Agenda as a whole.


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