VEB.RF’s priorities are consistent with several UN Sustainable Development Goals. This was verified by the SDG Financing Lab following an assessment of reports for previous years. According to the SDG Financing Lab report, VEB.RF clearly defined its priorities in two areas—SDG 9 (Industry, Innovation, and Infrastructure) and SDG 8 (Decent Work and Economic Growth)—each representing 17–22% of the total number of mentions.
These are followed by SDG 17 (Partnerships for the Goals), accounting for 11–17%, and SDG 16 (Peace, Justice and strong Institutions), accounting for 8–15%. Climate-related SDGs 12–15 remain unchanged, representing about 10% of total mentions in all reports. In social SDGs 1–5, education is the most important, accounting for 6% in the non-financial reports for both years.
Changes in VEB.RF’s priorities in recent years did not go unnoticed. According to the report, SDG 11 (Sustainable Cities and Communities) was given serious consideration in the 2019 non-financial report, which contains more than twice as many mentions as the 2018 report (7% and 15% respectively). As a reminder, VEB.RF launched an urban economy development programme in 2019 to substantially improve quality of life in large cities other than Moscow and Saint Petersburg.
The research used content analysis of texts related to VEB.RF reports (annual and non-financial reports for 2018 and 2019). The same methodology is applied by the OECD to other members of the International Development Finance Club (IDFC).
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