In late 2018, UNCDF embarked on an unprecedented journey--the creation of the first ever UN-exchange traded fund (ETF). The non-profit ETF sponsor, Impact Shares, launched the Sustainable Development Goals Global Equity ETF (NYSE Arca: SDGA) in collaboration with UNCDF. The ETF would enable investments that support the achievement of the SDGs, while reflecting the importance of the LDC markets and UNCDF's efforts to increase transformative private sector investments to ensure that we leave no one behind.

In the two years between the launch of the ETF and now, what have we learned about leveraging private capital to advance SDG achievement, notably in last mile markets? And what are the lessons that institutional and impact investors can use to make their capital more impactful, particularly in the age of Covid? The CEO of Impact Shares, Ethan Powell, joins Capital Musings to share his views and answers.