Dirk Bischof’s Post

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Chief Executive Officer/ Founder @ Hatch Enterprise UK | Entrepreneurship

Whilst its hard to see that any progress has been made, to the contrary - it looks like 0 progress made and everything got worse, with recent years breaking through the 1.5C targets. We mustn't give up hope that the many initiatives that have been kicked off as a result of these agreements, have prevented worse things from happening... too optimistic? maybe But working in the sustainability and SDG space has never been more exciting, with many people sharing that a just transition to a more sustainable, de-growth and circular economy is, ...possible. The questions is how fast, to prevent worse things from happening (Climate Catastrophy, Ecological Collapse, ...the list is getting longer). Currently the ANNUAL financing gap to the 2030 SDGs is (according to UN estimates), around $4 trillion. This is the same as Germany's or Japan's Gross Domestic Product. This is a staggering number and concept that the money missing to achieve the SDGs is the same as the monetary value of ALL finished goods and services made in Germany or Japan on an annual basis. And yet, the world economy is worth around $100 Trillion, so $4 trillion = 4%. That ...almost...sounds doable? too optimistic? maybe When it comes to asset managers, total discretionary assets under management (AUM) of the 500 biggest managers amounted to USD 113.7 trillion at the end of 2022, down by 13.7% from the end of 2021. The largest, BlackRock, manages $10 trillion and the next biggest 2, Vanguard ($9 trillion) and Fidelity ($4 trillion). Surely, investing into solutions on a planet that is actually liveable with resources being consumed at a sustainable pace is what its at? Otherwise, what will be managed in 20 or 30 years?

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Mission Steward at Dark Matter Labs

Wonder when we'll see a new form of structural partnerships between philanthropy (& structural risk holders) and mission-based organizations and collaboratives, moving beyond discrete grants or defined portfolios of intervention. Instead, these partnerships would work through open-ended funding facilities, focusing systemically on action and delivery against their shared mission. These forms of structural partnerships and quasi-mergers are almost certainly necessary now to move resources at the required speed, scale, and nuance. By fusing both knowledge/discovery & actionablity with more flexible allocation frameworks, these partnerships can respond at the pace of change necessary.

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Gemma Bone Dodds

Director of Insights and Policy at Scottish National Investment Bank. Trustee WEAll Scotland. Senior Fellow Finance Lab.

1mo

Indy Johar do you have a link to the original source of this graph? Want to use!

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