Systems Theory Through a Gender Lens
Entering Emerging Markets with Impact Awareness While the gender gap represents $28 trillion that could be added to global GDP by 2025, the pipeline of potential investments remains elusive for many funds. This is due to a range of factors including unconscious bias, a rigged system, lack of access to female networks, and lack of […]
Addressing Forced Labor from the Bottom Up
Forced labor, also referred to as modern slavery or involuntary work, is one of the most pervasive issues facing supply chains today. According to estimates from the International Labor Organization (ILO), there are 25 million people in forced labor. Forced labor can take many forms in the supply chain from debt bonded labor to underage/child […]
Boda Boda, Economic Development and the Future of Work
The term BodaBoda originated from Busia County, Kenya in the late 80s. It was used to refer to bicycle taxis that drove passengers and light luggage across the border town of Malaba. The cyclists of these taxis would shout, “Border!Border!Border……” to attract those that were heading towards the Ugandan border. Thus the adoption of the […]
Looking ahead to 2022: climate justice, food systems and the private sector
Accelerating climate justice Maria Claudia, our Business Development Officer in the Peru office took part in the Climate Justice series event at COP 26 as a panellist with others from Facebook, HBL Habib Bank and BioMec where they discussed and shared questions with young innovators at the forefront of creating our green inclusive future. Overall, […]
A transformative journey: Kasha’s mission to provide equal health access to all women
There are a number of organisations striving to achieve the UN’s Sustainable Development Goals. Perhaps the fastest way is the rapid scale up of enterprises that make a real impact on people’s lives in low-income countries. Joanna Bichsel saw an opportunity to change the way that women in emerging markets get the health and self-care […]
What If we created our own celebration days?
Francçois Taddei, co-founder of the Learning Planet Institute, writes about the importance of celebration to foster collaboration and co-creation among engaged actors, including the business community, to transform education for the future of the planet, and extends an invitation to join us at the #LearningPlanet Festival from the 22nd to the 29th of January 2022. […]
Are you a social innovator working to increase access to healthcare? Apply now!
Health expenditures push an estimated 100 million people worldwide into extreme poverty every year; Only 290 million people worldwide (less than 4% of the world population) have access to Universal Health Coverage; According to the World Health Organization, the number of individuals that suffered financial hardship from healthcare payments increased in the last decade; The […]
How businesses and young people can collaborate to be a force for development
Clean water and sanitation for all is a critical Sustainable Development Goal which has only become more significant in the global pandemic. In rural Tanzania the spread of water-borne diseases affects everyday lives, so when Raleigh International young people teamed up with Reckitt employees, they found an impactful way to combat this problem through designing […]
Seeking entrepreneurs and SMEs that are innovating in the care economy
The entire global economic system relies on care giving – the millions of unrecognised and under-valued hours spent ensuring offices are cleaned, children and the elderly are taken care of, and food is prepared for families and workers. Usually this type of work is viewed as a ‘burden’, and a barrier to women’s economic empowerment, […]
Powering the just transition – The biggest opportunity for inclusive business
Next year, I will celebrate my 10th anniversary in the inclusive business community. Supporting the Asian Development Bank’s IB initiative in Manila in 2012, an amazing universe of thought leaders and pioneering companies, investors and policymakers opened up to me. Driven by the desire to achieve social impact beyond the single bottom line, they have […]
A Great Reset On Disability
In the run-up to the International Day of Persons with Disabilities on December 3rd, David Grayson, who is a member of the Business Fights Poverty Circle of Advisers and the chair of the international, pan-disability charity Leonard Cheshire, argues that businesses and society need a “reset” on disability. Apparently, the Harvard economist and author Rebecca […]
The GSMA Innovation Fund for Climate Resilience and Adaptation
The GSMA, the UK Foreign, Commonwealth and Development Office (FCDO) and the Swedish International Development Cooperation Agency (Sida) have announced the launch of the GSMA Innovation Fund for Climate Resilience and Adaptation. The objective of this new Fund is to help accelerate the testing, adoption and scalability of digital innovations that enable the world’s most […]
How COVID-19 has accelerated financial inclusion and reinforced the need for digitalisation
Two billion people across the globe lack access to formal financial services and approximately 90% of these live in developing countries. The COVID-19 pandemic has accelerated growth but also increased the danger that those at the very margins of society, could get left behind. Comic Relief and Jersey Overseas Aid share findings from a new study, […]
Refocus, retool, reset: insights from a COVID-19 rapid response & recovery programme
MSMEs, especially those led by women, youth, ethnic minorities, and migrants, were significantly impacted by COVID-19 with 70-80% facing major financial difficulties[1]. To support entrepreneurs to survive and even thrive in the pandemic, YBI members and delivery partners provided in-depth services through a rapid response & recovery programme to 145,738 entrepreneurs- with 77% reporting improved […]
We can’t win the race to zero without financing a just rural transition
During COP26 banks and asset managers representing USD $130 trillion – 40% of the world’s financial assets – pledged to align with net zero carbon emissions by mid-century, and to provide 2030 interim goals, by joining the Glasgow Financial Alliance for Net Zero (GFANZ). That is, as the Washington Post put it, “eye-popping”. But as […]
The role of social procurement for inclusive value chains
By definition, social procurement leverages the purchasing power of companies to achieve broader social impact objectives. It goes beyond responsible sourcing which integrates and manages ESG criteria into the procurement process. Instead, it focuses on buying goods, materials, or services from social businesses with the explicit intention to create net positive impact. Why is that […]
Why does so little funding go to women entrepreneurs, and what can we do about it?
Chetna Gala Sinha never thought she would start a bank. “But women came to me and said they wanted to open a savings account”, she recalls, “one woman blacksmith was insistent that she wanted to save to buy a tarpaulin cover for the rain. The banks were not ready to let her open an account […]
Creating Economic Opportunity in the Northern Triangle: Breaking Down Barriers to Growth to Stimulate Recovery
The Northern Triangle countries of Guatemala, Honduras and El Salvador are the poorest countries in the Western Hemisphere. Fragility caused by poverty, violence, and corruption are drivers of migration. The COVID-19 pandemic and two back-to-back hurricanes that struck the region in November 2020 decimated weak local economies and increased suffering. A new Center for Strategic […]
Let’s learn from local communities and step up more to create climate and social impact
Next month, the international community will gather at COP26, the 2021 United Nations Climate Change Conference, to further accelerate global action towards climate change. The aim is to “to build back better, and greener”, states Alok Sharma, COP President. According to him, this is necessary because, like the Covid-19 pandemic, climate change is disrupting the global […]
Failing to Win: Lessons from an entrepreneur who went ‘all in’
After backpacking across Africa in search of changemakers building scalable, high-impact businesses, Canadian entrepreneur Mike Quinn convinced his retired parents to mortgage their house and lend him $100,000 to co-found Zoona, one of the continent’s earliest fintechs. That risk paid off big time, as Zoona went on to process $2.5 billion of transactions and generate […]