SDGs: Top Trumps of Sustainable Finance?

Private finance is essential for meeting the Sustainable Development Goals (SDGs).  To mobilize the finance and harness capital flows for sustainable development and investing, the investment community must make sense of the SDGs.  For this, a global benchmarking tool, SDG rating harmonization, a globally adopted taxonomy, and an independent evaluation of SDG alignment methodologies are needed.  Until the use of SDGs is regulated and made mandatory for institutions, it's left to asset managers to align them with investment strategies and ESG investment criteria.  Without the regulation and use of SDG investment criteria, asset managers are running the risk of SDG washing.