A/RES/74/199
Promoting investments for sustainable development
Recalling that in the 2030 Agenda for Sustainable Development, it was
acknowledged that the implementation of sustainable development will depend on the
active engagement of both the public and private sectors and other relevant
international organizations, including international financial institutions and
multilateral development banks,
Noting the convening of the sixth World Investment Forum, in Geneva from
22 to 26 October 2018, welcoming the second Sustainable Development Goals
Investment Fair, held in New York from 15 to 17 April 2019, and noting the
establishment of the Global Investors for Sustainable Development Alliance by the
Secretary-General,
Taking note of the World Investment Report 2019, the Financing for Sustainable
Development Report 2019, the Global Sustainable Development Report and the
outcome document of the 2019 Economic and Social Council forum on financing for
development follow-up,1
Noting the work of the United Nations in the area of investments for sustainable
development, including the World Investment Forum of the United Nations
Conference on Trade and Development, the Sustainable Development Goals
Investment Fair and the Economic and Social Council forum on financing for
development follow-up,
Noting also all initiatives at the global, regional and local levels that are aimed
at scaling up the mobilization of public and private finance towards investing for the
achievement of the 2030 Agenda for Sustainable Development in its three dimensions
and deepening international cooperation,
Noting further the potential of impact investment for the financing of
sustainable development in supporting national development policies, plans,
priorities and needs in the achievement of the Sustainable Development Goals,
Recognizing that achieving the Sustainable Development Goals will require a
shift towards long-term investment horizons, in this regard encouraging investors to
take measures to incentivize greater long-term investment, and recognizing also that
international public and private finance for development complemented by other
innovative financing mechanisms, including blended finance, can play an important
role in upscaling our collective efforts to cover the finance needs to achieve the
Sustainable Development Goals,
Recognizing also that entrepreneurship can help achieve the 2030 Agenda for
Sustainable Development, underlining the importance of advancing sustainable
consumption and production patterns, and stressing the need to promote sustainable
and innovative financing opportunities and mechanisms to unlock new capital for
sustainable investment and upscale sustainable business models, with a special focus
on micro-, small and medium-sized enterprises,
Emphasizing that national development efforts need to be supported by an
enabling international economic environment, including coherent and mutually
supporting world trade, monetary and financial systems, and strengthened and
enhanced global economic governance, and in this regard stressing that the likelihood
of an increase in global foreign direct investment is further tempered by a series of
risk factors,
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See E/FFDF/2019/3.
19-22412