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Transition Investment: Middle East's Game-Changer | |
| Sumita Pawar |
NYU Abu Dhabi's Transition Investment Lab (TIL) has released its 2023 annual report, calling on UAE institutional investors to focus on transition investment as a new philosophy to further the United Nations Social Development Goals (SDGs).
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The report argues that by unlocking the capital of large institutional investors in transformational projects, transition investment enables the shift to a new economic paradigm based upon environmental sustainability, social inclusion, and shared prosperity.
The report also highlights the current global "polycrisis" as having a devastating "scissor effect" on the investment gap needed to achieve the UN SDGs by 2030.
The report concludes that transition investment can make a significant difference for the global economy and the region, with the Middle East particularly well-placed to play a leading role.
TIL has developed a Signature Impact Framework (SIF) to provide a methodology for the impact of a given business and denote the precise and distinctive contribution that a business can make to societal welfare.