The number of UN entities reporting on the linkages between their expenditures and the Sustainable Development Goals (SDGs) is growing. The total SDG-related expenditure of US$ 37.7 billion by the 22 entities with available data in 2020 corresponds to 67% of total overall UN expenditure and 73% of all contributions to the UN OAD segment. Although not representing all UN expenditure, the available data for the 22 entities gives an indication of which SDGs are in focus for UN investments. The distribution of SDG-related expenditure can differ greatly between specialised entities, such as UN Women, and entities with a broader mandate, such as the UN Development Programme (UNDP). This year’s aggregate picture put spotlight on the SDGs related to environment and climate change. COP26 highlighted the urgent need for more investments in global decarbonisation and climate adaptation.