An effective finance sector is fundamental for a country’s economic growth. By investing in banks and funds, Swedfund contributes to financial inclusion, job creation and sustainable businesses.
Financing for sustainable development can come from several sources; aid, private capital, domestic tax-based financing and from development finance institutions. The sources of finance can be regarded as different, but complimentary, tools in the fight for sustainable development. Here we explain about the tools, focusing on what the development finance institution achieves.
Our joint ability to mobilise finance is decisive if we are to achieve the global goals. The traditional sources of finance are insufficient: the amount invested must go from billions to trillions. This makes private finance essential.
The Development finance institutions Swedfund of Sweden and FMO of the Netherlands have agreed to provide NMB Bank with a line of credit for lending to exporting small and medium enterprises (SMEs) in Zimbabwe.
2016 is the first year on the road towards the global goals. It is the first year all countries are following a common agenda to root out extreme poverty and counteract the climate threat. Swedfund’s Integrated Report 2016 explains how we integrate the global goals in our business model and investment process.
Swedfund, Sweden’s development finance institution, is committing MUSD 10 to Renewable Energy Asia Fund II L.P. The fund invests in small and medium-sized renewable energy projects in South and Southeast Asia.
The Rezidor Hotel Group, one of the most dynamic hotel groups in the world and Swedfund International AB, the Development Finance Institution of the Swedish state, have joined forces to host the Women4Growth workshop with the purpose of enabling more women to reach management positions.
Swedfund, Sweden’s development finance institution, invests 13 MUSD in the fund Frontier Energy II. The fund focuses on small and medium-sized renewable energy projects, primarily in East Africa.
Swedfund, the Swedish development financier, invests USD10 million in Bayport Management Ltd (“Bayport”). The investment will improve access to financial services for people with low income, giving them the opportunity to get loans for, inter alia, education and housing.
On Tuesday Swedfund MD Anna Ryott will moderate the first part of the roundtable discussion on how innovative partnerships can drive the fulfilment of SDG 9 and SDG 11. The meeting is organised by the Swedish Embassy in Paris, Scania and Business Sweden.
The development financier Swedfund and the industry group DBL establish a textile factory in Mekelle, Ethiopia, which will provide job opportunities for 4,000 people. H&M will be a long time buyer and support with expert knowledge in sustainable textile production.
This post by MD Anna Ryott is part of the UN Foundations blog series, “Her Goals: Our Future,” which highlights the connections between girls and women and the Sustainable Development Goals.
