Quetta, 24 May 2022 (TDI): The provincial consultations on Disaster Insurance and Risk Financing: SDG investor Map focused on finding appropriate sources of finance for developmental projects and implementation of SDGs in Baluchistan.
The consultation was organized by UNDP and the Government of Baluchistan and focused on developing and strengthening public-private partnerships through SDG Investor Map and Disaster Insurance Financing.
On mission to #Balochistan, @UNDP_Pakistan ARR @ammaradurrani, with HoSo Zulfiqar Durrani, met CEO @BBoIT1 @AhmedSaeed062 to learn about investment opportunities in #Balochistan & discuss how UNDP’s SDGs Project Development Facility can be leveraged to facilitate investment. pic.twitter.com/inVMXqEZ5t
— Balochistan SDGs Support Unit (@BalochistanSDGs) May 24, 2022
These consultations aim to find and co-create sustainable solutions and bridge the financing gap between investors and investment opportunities.
The panel focused on finding sustainable solutions to the prevailing water crisis, ensuring equitable means of livelihood generation, and promoting tourism through focused discussion with relevant stakeholders.
Meanwhile, United Nations Development Fund (UNDP) extended its full support to the Government of Baluchistan to implement SDGs in the province.
Earlier, Pakistan Country Director UNDP, Ammara Durrani, and Head of Systems and Director, Zulfiqar Durrani visited the government Innovation lab at the University of Quetta, Baluchistan.
They reviewed the progress and social impact of innovative projects by the facility. The projects and ideas focused on digital governance, smart governance mechanisms, and smart delivery of SDGs.
The discussion also focused on mechanisms of resilient growth, regional connectivity, the role of gender in achieving SDGs, and the impact of the blue economy on development during their discussion.
The panel also focused on the part of UNDP’s SDGs Project Development Facility in leveraging investment opportunities.
SDG Investor Map
SDG investor map is a digital tool prepared to generate country-level data and insights regarding investment opportunities in countries and regions.
This tool bridges the gap between the investment opportunities in SDGs and business models by providing meaningful insight.
According to the statistics, 118 billion has been proposed for Pakistan’s Sustainable Development plan. 68 billion of this proposed budget has been allocated for achieving SDGs in Pakistan.
However, the funds are not sufficient for the implementation of SDGs. The social environmental and economic challenges in Pakistan require more budget allocation to implement agenda 2030.