Shell Foundation, FMO and DFID partner on fund targeting the UN Global Goals



The foundation and the Dutch and U.K. development institutions said the planned fund will invest in startups tackling global access to finance and energy.

They provided few other details about the fund, which will launch in early 2018, including its size.

In the past, the partners have mobilised €70 million ($82 million) in clean cookstove, financial services, and small business-focused projects for poor and underserved communities in Africa and Asia.

Achieving the U.N.’s Sustainable Development Goals by 2030 will require trillions of dollars in investment each year, and the goals represent at least a $12 trillion opportunity to businesses.

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