The SDIP thus brings together public, private and philanthropic entities to work towards the Sustainable Development Goals (SDGs) set out by the United Nations.
[1] The SDIP was launched at the United Nations Conference on Financing for Development in Addis Ababa in July 2015 with 20 founding members,[2] which has since risen to 42.[when?]
The SDIP uses blended finance, creating a platform where public and private entities can co-invest and coordinate on specific projects.
[4] SDIP aims to support inclusive growth and poverty alleviation through investments in water and sanitation systems, transportation, clean energy, agriculture, health, telecommunications, climate adaptation, and other areas.
[5] The partnership is open to governments, local and global private banks, institutional investors and other public and private financiers, development finance institutions and bilateral and multilateral development banks and other organizations seeking to providing resources to support the various activities of the partnership.