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SME Competitiveness Outlook 2019

Big Money for Small Business - Financing the Sustainable Development Goals

image of SME Competitiveness Outlook 2019

Increasing annual investments in small- and medium-sized enterprises (SMEs) in developing countries by $1 trilling would yield disproportionate dividends in terms of progress towards the Sustainable Development Goals (SDGs), while also delivering healthy returns for investors. Yet, less than 1% of the tens of trillions of dollars that global asset managers have under management is currently invested in developing country SMEs. This edition of SME Competitiveness Outlook explains how best to scale up private sector investment in developing country SMEs for sustainable development impact. It identifies four main streams through which investors, facilitators and enterprises can form partnerships for sustainable development, and it makes a strong case for investing in small businesses to achieve the Sustainable Development Goals.

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Investing in small business for sustainable development

In 2015 world leaders agreed on an ambitious agenda to end poverty and inequality, act on climate change and the environment, improve access to health and education, and build strong institutions. The 2030 Agenda for Sustainable Development sets out a plan to achieve this vision through 17 goals and 169 targets that cover a broad range of social, economic and environmental objectives.

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