UNDP and Pegasus Capital advisors partner to mobilize over $1 billion for sustainable infrastructure
![UNDP and Pegasus Capital advisors partner to mobilize over $1 billion for sustainable infrastructure](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/01/sunny-landscape-with-windmills-scaled.jpg)
The United Nations Development Programme (UNDP) and Pegasus Capital Advisors (PCA) have signed a Memorandum of Understanding to collaborate on mobilizing substantial investments for climate, energy, and nature-positive infrastructure in emerging economies.
The partnership aims to unlock over $1 billion in combined grants and investments by 2025, focusing on critical areas such as food systems, water, clean energy, plastics, and waste.
By leveraging UNDP’s global presence and PCA’s capital investments, the initiative seeks to accelerate sustainable development, build resilience, and address climate challenges in diverse regions.
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