Goparity, a sustainable investment platform based in Barcelona, has established a partnership with AltFinLab, a flagship initiative of the United Nations Development Programme (UNDP) that promotes alternative and innovative financial solutions, to further develop and refine impact measurement approaches in the crowdlending sector.
As regulatory scrutiny and public expectations around ESG and impact claims continue to grow—including evolving guidelines from the European Securities and Markets Authority—some actors within the sustainable finance ecosystem are working to strengthen transparency, clarity, and methodological consistency in impact reporting.
Through this collaboration, Goparity led a process to review and strengthen elements of its impact management framework, with technical guidance and support from UNDP AltFinLab. The work focused on aligning long-term impact objectives with measurable indicators, revising project categorization methodologies, and improving internal processes for data collection and management.
The work was structured in phases. It began with an assessment of the consistency between strategic impact objectives and existing monitoring practices. This was followed by updates to project categories and associated indicators, resulting in a structured set of output and impact indicators that directly contribute to relevant Sustainable Development Goals (SDGs). The final phase explored improvements in data management systems and processes to support consistent implementation and future scalability.
“As sustainable finance continues to evolve, strengthening transparency, accountability, and methodological clarity becomes increasingly important,” said Teodor Petricevic, Head of the UNDP AltFinLab Accelerator. “Through AltFinLab, we support ecosystem actors in refining impact measurement approaches that align financial innovation with broader sustainable development goals.”
“Impact cannot rely on intention alone—it must be measurable, comparable, and credible. This collaboration is an important step for Goparity, as it allows us to strengthen the methodological foundations of our impact framework and ensure that our growth is accompanied by equally robust impact standards,” said Iara Comunello Martins, Head of Impact and project lead at Goparity.
Following the 2025 UN International Conference on Financing for Development—where global leaders called for the creation of innovative financing mechanisms for development, as well as the adoption of standards and terminology to facilitate measurement and comparability of results—Goparity aims to raise the bar in the crowdfunding sector. Through this collaboration, it will define standards in impact management by integrating indicators and benchmarks recommended by the international community, taking a clear stance against “impact washing.”
At the same time, Goparity contributed to knowledge-sharing within the ecosystem through initiatives such as the UNDP Crowdfunding Academy and BOOST, the UNDP’s regional impact acceleration program in Europe and Central Asia, sharing practical insights on crowdfunding and crowdlending models, financial and risk analysis, and regulatory considerations relevant to impact-driven organizations. The collaboration reflects ongoing efforts within the alternative finance sector to strengthen impact measurement practices and promote responsible innovation.
This collaboration does not constitute an endorsement by UNDP of any specific platform, product, or financial instrument.
About Goparity
Founded in 2017, Goparity’s main mission is to democratize access to sustainable finance by connecting companies and individuals who wish to invest in projects with a positive impact on people and the planet. Since its inception, the platform’s more than 59,000 users have financed over 420 impact projects aligned with the United Nations Sustainable Development Goals across three continents, totaling more than €55 million invested. These projects have already benefited more than 100,000 people, created over 4,000 jobs, and help prevent the emission of more than 30,000 tonnes of CO₂ into the atmosphere each year. In Spain, Goparity has implemented 22 projects and supported 32 Spanish companies to date
Image: Iara Comunello Martins
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