UBS to invest $5 billion to meet the 2030 Sustainable Development Goals

The big Swiss bank UBS is looking for ways to put its clients’ wealth to work on some of the 17 Global Goals, including hunger, health, education, infrastructure, clean energy and climate action (UBS said peace, justice and strong institutions are less investable).

Something like $5 trillion a year is needed to meet the goals. UBS will offer investments in the new Rise Fund from TPG growth and help launch Align17, a platform for SDG investment and philanthropy.

Last year, UBS raised $471 million for its Oncology Impact Fund.

Photo credit: Dreamstime

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