A/RES/74/199 Promoting investments for sustainable development is needed to analyse, monitor and measure its contribution to the Sustainable Development Goals and maximize its positive developmental impact; 19. Acknowledges that reducing disaster risk, as outlined in the Sendai Framework for Disaster Risk Reduction 2015–2030,3 is a cost-effective investment in preventing future losses, and encourages Member States to develop standards and regulations for disaster risk-informed public and private sector investments and to ensure that pipeline and bankable projects include disaster risk assessments; 20. Encourages Member States to achieve sustainable development in its three dimensions in an innovative, integrated, transparent, inclusive and equitable manner, which requires sufficient, sustainable and predictable investment through both the public and the private sectors; 21. Invites all relevant stakeholders to explore the possibilities of taking sustainability factors into account in credit rating assessments and to strengthen credit markets to promote the growth of micro-, small and medium-sized enterprises, in particular those owned by women; 22. Recognizes the growing momentum around sustainable investment and finance, and invites private companies to adopt sustainable practices that foster long term value; 23. Stresses the need to take stock of public and private initiatives to measure investment impacts on the Sustainable Development Goals, identify their similariti es and differences, and lay out potential gaps; 24. Welcomes in this regard the request, in the outcome document of the 2019 Economic and Social Council forum on financing for development follow -up, to the Inter-Agency Task Force on Financing for Development to further its analysis on the impact and metrics for measurement of the contribution of private sector investments and instruments to the Sustainable Development Goals at the global level, 1 and encourages international support for Member States, according to national circumstances and priorities, to voluntarily develop practical tools on measuring and collecting timely and reliable data on the private sector contribution towards the implementation of the Sustainable Development Goals at the national level, as appropriate; 25. Emphasizes that international public finance plays an important role in complementing the efforts of countries to mobilize public resources domestically and that official development assistance, as a critical source for development finance, helps developing countries to secure sufficient public resources to invest in sectors that could accelerate the delivery of the transformational ambition of the 2030 Agenda for Sustainable Development, and notes in this regard the need to inte nsify efforts to meet respective commitments, focusing the most concessional resources on those with the greatest needs and least ability to mobilize other resources; 26. Notes the potential of blended finance, including its ability to crowd in, leverage or catalyse additional financing, and stresses that projects should be aligned with national priorities, have long-lasting development impact and be in the public interest, while recognizing that for different Sustainable Development Goal investment areas, different types of finance may represent the most effective financing modalities; 27. Encourages Member States to promote shareholder and consumer engagement that may encourage companies to take into account consumers ’ sustainability preferences; __________________ 3 6/7 Resolution 69/283, annex II. 19-22412

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