Muhith for expediting social investment to achieve SDGs

Finance Minister AMA Muhith yesterday underscored the need for expediting the process of investment in the social sectors to achieve the much coveted Sustainable Development Goals (SDGs) by 2030.

"We have another 15 years in hands to achieve the SDGs . . . Bangladesh is doing well for achieving the goals," he said while addressing as the chief guest the inauguration session of the first ever summit on "Impact Investment in Bangladesh" at a hotel in the capital.
The investment summit was initiated by Build Bangladesh and organised by Bangladesh Brand Forum.
The summit, with the theme "Driving the Sustainable Agenda", was designed with several keynote sessions and four panel discussions by global and local veterans.
Muhith said "The country's goal towards sustainable development is that no one should be left behind which can only be achieved through social investment, economic empowerment and environmental sustainability - all of which are major goals of impact investment as well."
Mentioning the reduction of poverty level from 70 per cent to 22 per cent in past 40 years as a great success, he said the global community is lauding Bangladesh for achieving this remarkable progress in various sectors including poverty alleviation.
Terming the development trend of the country as upstream, he said the movement of Impact Investment has been playing an important role in society and environment to make the development sustainable.
A rather new term, Impact Investment was first coined in 2007 by Rockefeller Foundation. As defined by The Global Impact Investing Network (GIIN), impact investments are such investments made into companies, organization and funds with intention to generate social and environmental impact alongside a financial return. 
Fazle Kabir, governor of Bangladesh Bank, was present as the principal guest, and Dr M Khairul Hossain, chairman, Bangladesh Security and Exchange Commission, as the honourable guest, while Kazi M Aminul Islam, executive chairman, Bangladesh Investment Development Authority, was the special guest on the occasion. Architect Farhadur Reza, founding president of Build Bangladesh was also present. 
There were four specialized panel discussions focusing on four fundamental industries - Impact Investment: Financial Institution, Agriculture and Food Security, Ready Made Garments (RMG), and Health & Well-being.
The discussions explored the current scenario and possibilities of Impact Investment in these sectors in Bangladesh.
The summit aimed to develop and understanding of the status of the global impact investing market as a critical input to future investments and engagement to grow this market in Bangladesh.
The discussions explored the current scenario and possibilities of Impact Investment in these sectors in Bangladesh. Experts who moderated the discussions were – Faisal Ahmed, senior economic advisor to the governor of Bangladesh Bank; Dr. F H Ansarey, executive director, ACI Agribusiness; Faruque Hassan, senior vice president, BGMEA and Dr Reza Ali, emergency specialist and academician.

Muhith for expediting social investment to achieve SDGs

Finance Minister AMA Muhith yesterday underscored the need for expediting the process of investment in the social sectors to achieve the much coveted Sustainable Development Goals (SDGs) by 2030. We have another 15 years in hands to achieve the SDGs . . . Bangladesh is doing well for achieving the goals, he said while addressing as the chief guest the inauguration session of the first ever summit on Impact Investment in Bangladesh at a hotel in the capital. The investment summit was initiated by Build Bangladesh and organised by Bangladesh Brand Forum. The summit, with the theme Driving the Sustainable Agenda, was designed with several keynote sessions and four panel discussions by global and local veterans. Muhith said The countrys goal towards sustainable development is that no one should be left behind which can only be achieved through social investment, economic empowerment and environmental sustainability - all of which are major goals of impact investment as well. Mentioning the reduction of poverty level from 70 per cent to 22 per cent in past 40 years as a great success, he said the global community is lauding Bangladesh for achieving this remarkable progress in various sectors including poverty alleviation. Terming the development trend of the country as upstream, he said the movement of Impact Investment has been playing an important role in society and environment to make the development sustainable. A rather new term, Impact Investment was first coined in 2007 by Rockefeller Foundation. As defined by The Global Impact Investing Network (GIIN), impact investments are such investments made into companies, organization and funds with intention to generate social and environmental impact alongside a financial return. Fazle Kabir, governor of Bangladesh Bank, was present as the principal guest, and Dr M Khairul Hossain, chairman, Bangladesh Security and Exchange Commission, as the honourable guest, while Kazi M Aminul Islam, executive chairman, Bangladesh Investment Development Authority, was the special guest on the occasion. Architect Farhadur Reza, founding president of Build Bangladesh was also present. There were four specialized panel discussions focusing on four fundamental industries - Impact Investment: Financial Institution, Agriculture and Food Security, Ready Made Garments (RMG), and Health Well-being. The discussions explored the current scenario and possibilities of Impact Investment in these sectors in Bangladesh. The summit aimed to develop and understanding of the status of the global impact investing market as a critical input to future investments and engagement to grow this market in Bangladesh. The discussions explored the current scenario and possibilities of Impact Investment in these sectors in Bangladesh. Experts who moderated the discussions were Faisal Ahmed, senior economic advisor to the governor of Bangladesh Bank; Dr. F H Ansarey, executive director, ACI Agribusiness; Faruque Hassan, senior vice president, BGMEA and Dr Reza Ali, emergency specialist and academician.