Press release

SDG Impact Finance Initiative: impact for whom?

16.03.2022, Financing for development

There is a new SECO initiative designed to mobilise private capital for developing countries. It raises several questions about governance and development impacts.

Laurent Matile
Laurent Matile

Expert on Enterprises and Development

+41 22 901 14 81 laurent.matile@alliancesud.ch
SDG Impact Finance Initiative: impact for whom?

The two faces of the private sector: on the one hand, it is transporting aid supplies from Zurich to Venezuela in the summer of 2020; on the other hand, Swiss banks are doing business with the elite of the crisis-ridden country, as the "Suisse Secrets" have shown.
© KEYSTONE / POOL / Ennio Leanza