Mobilizing private wealth for public good UBS white paper on World Economic Forum 2017

Mobilizing private wealth for public good

In its white paper for the World Economic Forum (WEF) Annual Meeting in Davos, UBS unveils a blueprint for channeling private wealth towards the United Nations Sustainable Development Goals (UN SDGs) - one aspect of the WEF’s Annual Meeting theme "responsive and responsible leadership".

  • According to the white paper's findings, which included contributions from the WEF, private wealth could play a much bigger role in funding the SDGs, yet most initiatives ignore it.
  • Private capital is likely to be critical in achieving the SDGs of: zero hunger; quality education; good health and well-being; affordable and clean energy; sustainable industry, innovation, and infrastructure; and climate action.
  • After raising a record sum for its Oncology Impact Fund in 2016, UBS will offer a range of new thematic and pooled impact investments and commits to join other major institutions to support Align17 - a WEF Young Global Leaders initiative to create an investing and philanthropic platform focused on addressing SDG funding gaps.