Welcome to the first installment of our five-part blog series brought to you by the think tank team at GrowZA, South Africa's most pragmatic social investment agency :-)
Image 1: 2022 SDG dashboards by region and income group (levels and trends)
Our mission is to provide you with the insights you need to navigate the complex landscape of sustainable development, so you can focus on what you do best - driving responsible profitability.
The recently released 2022 Sustainable Development Goals (SDG) Report provides a wealth of information on global progress towards the 17 SDGs. However, amidst the wealth of data and insights, it can be challenging to discern what this means for South Africa's development sector.
That's where we come in. Our team has delved into the report, analyzing its implications for our country from a funding perspective.
The report paints a picture of a world grappling with multiple crises - from the ongoing war in Ukraine to the persistent health crisis and the looming threat of climate change. These crises have diverted attention and resources away from long-term goals like the SDGs, posing significant challenges for countries like South Africa. Yet, despite these challenges, the SDGs remain our roadmap to a sustainable future.
Over the next week, we'll be exploring key themes from the report and their implications for South Africa:
The Global Financing Plan: The report calls for a global plan to finance the SDGs. What could this mean for South Africa, and how can we leverage this to secure more funding?
Focusing on SDG 1 and SDG 8: Progress on No Poverty and Decent Work and Economic Growth has reversed in many low-income and lower-middle-income countries. How can we redirect funding towards these crucial goals?
The Potential of SDG Sovereign Bonds: Some countries have issued SDG Sovereign Bonds to scale up their sustainable development investments. Could this be a viable strategy for South Africa?
Addressing Negative International Spillovers: Rich countries generate negative international spillovers, affecting trade and supply chains. How can we navigate this complex landscape to ensure sustainable development?
Leveraging Data and Technology: The COVID-19 pandemic has led to innovations in data collection and analysis. How can we use this to attract funding and provide evidence of the impact of sustainable development initiatives?
At GrowZA, we believe in the power of knowledge to drive change. Our think tank team is committed to providing you with the insights you need to make informed decisions about your social investments. We do the heavy lifting so that you can focus on your core business and drive responsible profitability.
Stay tuned for our next blog post, where we'll dive deeper into the proposed global financing plan for the SDGs and its potential implications for South Africa. Together, we can navigate the challenges and opportunities of sustainable development to create a brighter future for all.
This is how we #GrowZA
Download the full report here