The Road of Change: Circular Economy in the Automotive Industry
To tell you the story of Kaiho Sangyo, I must first give you a short introduction to the circumstances in the very beginning. In 1969, before returning to Kanazawa, my beloved hometown in Japan, I worked at a dismantling company in Tokyo for three years. Since the beginning of the 20th century, Japan has been a world […]
Boosting On-Site Sanitation in Urban Kenya and Nigeria: Four Consumer Realities
Mary Anyango, a 34-year-old resident of the Korogocho slums in Nairobi, works in a food processing company as a packer, earning 88 USD a month. After late hours at work, she returns to the 10 x 12 feet one-bedroom home that she shares with her husband and three children. The house sits on a compound […]
Investing In The Energy Transition
Innovators and entrepreneurs are working to speed up the transition towards clean and renewable energy sources, but many of the innovative clean energy projects have trouble raising the finance to turn their ideas into reality. This was the case for ATEC, a social enterprise in Cambodia which has developed appropriate technology to address the health […]
Meet the Longlist: Unilever Global Development Award, Supported by Business Fights Poverty
For the fifth year in a row, Business Fights Poverty is partnering with Unilever and Business in the Community on an award that recognises businesses that demonstrate positive impact against one or more of the SDGs Business has a key role to play in helping drive progress on ending poverty and protecting the planet. More […]
From Gender Lens to Inclusive Impact Investment
Defining impact by destination… A significant component of impact investment’s raisson d’etre is the promotion of economic development. But not just any investment qualifies as impact investment by contributing to economic development- an oil rig or a tobacco company can catalyze demonstrable GDP growth and job creation but are rarely classified as impact investments. […]
Helping Refugees Move From Crisis To Resilience and Self-Reliance
It is estimated that, on average, a refugee spends over a decade in exile. This means that many refugee children, who make up more than half the world’s refugees, will spend most of their childhood in exile, jeopardizing their education and access to future economic opportunities. For millions of refugee adults, decades of displacement have […]
Mapping Lives with Refugees
Do you decide to try and reach Europe by any means necessary? So begins the Guardian’s online interactive, “The Refugee Challenge.” You play as a widowed mother of two who must escape the airstrikes in Syria and make your way to Europe, where you can attain asylum. While the victories and setbacks you encounter mimic choose-your-own-adventure novels, the […]
Charting a Course for Robust Private Sector Engagement
Since its inception, MCC has sought to engage the private sector as a key part of its mission of “Reducing Poverty Through Economic Growth.” Now in its 14th year, the agency has a strong foundation of experience and best practices gleaned from working with the business community to build upon. Yet how to best draw […]
Making Payment Acceptance a Driver for Financial Inclusion
Ten years ago, 85 percent of the world’s transactions were in cash and checks, and 2.5 billion people were unbanked. Since then, we’ve all been working hard as an industry to develop technology that will give the unbanked access to the world of digital payments. Mastercard has connected more than 360 million people to formal […]
Sustainability Standards Embrace GIS Technology
The exponential growth in the use of Geographic Information Systems (GIS) for sustainability is not surprising. It is a technology that becomes more powerful the more people use it, and it offers the sustainability community a straightforward and universal platform to come together and build on each other’s work. GIS is not new to sustainability […]
Virtual Exchange: Students Collaborate to Tackle Social Enterprise Challenges in the Middle East
“I’ve never worked with people from so far away. M²GATE gave me the opportunity to work with people from another culture. I enjoyed it a lot,” said Ryan Berg, a freshman at the Ross School of Business at the University of Michigan at the final session of Cohort 1 of the M²GATE program. M²GATE is […]
Why Retailers are Uniting to Tackle Climate Change
The products we can buy today may not be available to us in the future unless action is taken to address the most pressing global challenges facing us. Take a simple cotton shirt for example. Cotton production is being hit by environmental impacts such as climate change and water scarcity, social challenges in production such […]
Engaging the Private Sector for Development Results in Indonesia
Last month, I had the great pleasure to meet Bonaria Siahaan who heads the Millennium Challenge Account-Indonesia, the locally led and staffed entity implementing the MCC’s Indonesia Compact in the country’s bustling capital Jakarta. From procurement modernization to maternal and child nutrition to energy efficiency, Bonaria and her team are working on innovative projects making a real difference in a […]
Are Standards an Effective Tool to Help Improve Production Practices Across Sectors?
As businesses increasingly strengthen their sustainability policies in line with the 2030 Sustainable Development Goals (SDGs), many are deepening their sustainability commitments. We know from an AidEnvironment review published last year that upstream and downstream businesses benefit in many different ways from working with sustainability standards, for example, 98% of studies reviewed show improvements in sales and […]
Affordability – Beyond the Buzzword
Affordability is at the core of much of our work as impact investors – from affordable electricity to housing, food, healthcare, education and many more. Yet ask someone to define what it means, and you may be met with little more than a blank stare. We recently conducted a straw poll of 20 impact investment […]
Women Working to Improve Sanitation and Hygiene
Poor sanitation in the peri-urban areas of Maputo, Mozambique, has a disproportionate impact on the lives of women. But women are also playing a key role in tackling the challenge. “We had a precarious latrine that over the course of time became damaged, and collapsed due to heavy rains,” recalls Rute Rodrigues (pictured above), a […]
Women Sea Salt Producers in Indonesia Cooperate to Seize New Economic Opportunities
Traditional sea salt production has been practiced on the island of Lombok in Indonesia’s West Nusa Tenggara province for generations. It is labor-intensive work generally done by poor women like Mini Asmayanti. Mini earns less than $2 a day. This modest income, along with that of her husband, a fisherman, provides for them and their […]
How Can Business Help Strengthen Provision of High Quality, Low Cost Education for the Poor?
The expansion of choices available to low-income families seeking primary education for their children has been one of the striking changes seen along the uneven path towards quality Education for all. The abolition of tuition fees in government schools in many countries over the past twenty years has often been accompanied by overcrowded classrooms and […]
Virtual Reality Training in Southern Africa
Every fan of horror movies knows that a person wielding a chainsaw can cause some serious damage. The tool is rated as one of the most dangerous available; one wrong move and its user could lose a limb. In Southern Africa, forestry students don’t have to worry about that anymore. They are now using a […]
A Nigérien Entrepreneur Finds Her Niche in Camel Milk
Last month, I travelled to Niamey, Niger’s capital, where MCC Country Team Lead for Niger Kristin Penn and our Nigérien partners are hard at work on MCC’s $437 million compact to improve access to water for agriculture and livestock and expand access to markets. Around 80 percent of Niger’s population relies on the agricultural sector for its […]