Incentivizing and supporting green and social business models among young entrepreneurs to advance the Sustainable Development Goals

This policy paper highlights the crucial role of youth-led green and social enterprises in driving sustainable economic growth and addressing global challenges such as climate change and social inequality. The report emphasizes the significant potential of social enterprises, which globally generate around $2 trillion annually and create nearly 200 million jobs. However, it also identifies major obstacles faced by young green and social entrepreneurs, including limited access to funding, difficulties in market penetration, and complex regulatory frameworks. The policy paper calls for concerted efforts from governments, financial institutions, and development agencies to support these young visionaries by creating a more conducive ecosystem for their growth. It provides key recommendations aimed at empowering youth-led green and social businesses to overcome barriers and maximize their contribution to sustainable development and the advancement of the Sustainable Development Goals.