Innovation, Scale, Returns, Failure… Lessons from the Business Innovation Facility
Implementing the UN Guiding Principles on business and human rights – the experience of Anglo American
Interview of Jan Klawitter, Government Relations Manager at Anglo American by Luke Wilde, Director of twentyfifty The mining multinational Anglo American and its record in contributing to social and economic development will be well known to regular readers of Business Fights Poverty. In June 2012 on this site, then CEO Cynthia Carroll reported on the […]
The Bigger Picture of Youth Economic Opportunity
Youth unemployment has taken center stage in global economic policy – and with good reason. The International Labour Organization (ILO) has put jobless youth at a minimum of 75 million worldwide, with young people unemployed at twice or even thrice the global adult unemployment rate. Yet, while job creation is indeed critical, generating widespread economic […]
The Private Sector and Fragile States
The development conundrum facing the international community in the 21st century is the increasing number and persistence of fragile and conflict affected states. There are almost 50 fragile and conflict affected states in the world today. They are characterized by persistent conflict, poor governance, weak institutions, widespread corruption, lack of legitimacy, the inability to provide […]
Functional Impact Investing Ecosystems Reduce Risk
Impact investors are typically seen as part of the supportive ecosystem inclusive businesses require to start, succeed and go to scale. The second Frankfurt Round Table on Social Finance on June 4, 2013, in Frankfurt, made it clear that impact investors themselves need a supportive ecosystem to reduce costs and risks of investments. The round […]
OECD Report Highlights Role of Vocational Education
The annual Education at a Glance report from the Organisation for Economic Cooperation and Development takes a particularly hard look this year at the link between youth unemployment and vocational education in the current difficult economic situation. Countries such as Switzerland and Germany with an above-average share of vocational graduates have seen a higher rate […]
Trade and Investment for Development
Trade and investment are increasingly important tools for international development. Market openness is a critical factor in promoting growth, and openness to trade raises national incomes. If done properly, trade can have significant development impacts for national governments, small producers, and individuals. Yet U.S. policy for trade, investment, and development is seen as separate rather […]
What is the role of business in delivering on the post-2015 development goals?
What is the role of business in delivering on the post-2015 development goals? This was the question I was asked to address on a panel at the EU High-Level Conference on Education and Development on 23 May, aimed at strengthening the momentum for education as the foundation for a new international development framework. The panel […]
Pearson and CBI launch UK education and skills report 2013
Educators, employers and policy makers gathered at our HQ in London today to formally launch the findings of CBI/Pearson education and skills survey 2013. This annual survey provides a valuable insight into how well the skills needs of some of the UK’s largest and most successful businesses are being met. The findings from the survey […]
Social Impact Investing And The G8
Adviser, Department for International Development (DFID) Last week the UK Prime Minister hosted a G8 event on social impact investment at the Bloomberg Auditorium in London. Social impact investments are investments that have both a social and a financial return and in the case of international development are targeted at enterprises which benefit the poor […]
Empowering Women through Business
How does any institution, private or public, achieve scale when targeting an emerging area of business interest such as supporting women entrepreneurs? This was the key question during the conversation I participated in, hosted by Coca-Cola and Business Fights Poverty, on the margins of the Africa World Economic Forum in Cape Town last month. The […]
Business Incubation in Ghana
Mabel Simpson is the creative director of her own design house, mSimps. It’s a prestigious job for a young woman in Ghana. “At mSimps we make hand-made hand bags, clutch purses, men’s slippers, laptop sleeves,” she says proudly. “All mSimps bags are one-offs. Two people do not own the same bag. Our designs are inspired […]
GSK & Save the Children Partnership: From Ambition to Action
The High Level Panel on the post-2015 development framework submitted its report yesterday (Thursday 30 May), giving the first indications of the settlement that will replace the Millennium Development Goals when they expire two years from now. The debate has featured discussions on everything from plankton abundance to WiFi access, but one issue that stands […]
Sustainable Food Production – A 21st Century Revolution
I grew up on a small farm, living on less than a dollar a day per person. I was lucky—we had a big garden, an orchard, raised some of our own meat, and hunted and fished for most of the rest. Years later, I worked with refugees and famine victims, seeing firsthand the impacts of […]
Wheels for Fortune
It is difficult for people with disabilities to access mobility equipment in remote areas of Africa. Statistics from the UN Development Programme show that less than 1 percent of the need for wheelchairs in developing countries can be met by the limited local production, and those wheelchairs that are available are often unsuitable for the […]
Supporting South Africa’s entrepreneurs every step of the way
Lere Mgayiya founded Lere’s Shoe Shine Experience (http://www.shoeshine.co.za/) in 2003 to provide shoeshine services to passengers and staff at airports around South Africa. There was a glaring gap in the market for the traditional and enduringly popular service, but to spot it showed great entrepreneurial panache, panache and get-go that is unusual in a young […]
Social Entrepreneurship & Social Innovation – Not the Same Thing
Social entrepreneurs are obsessed, quirky, and disruptive – and that’s why they can be so effective in creating major change. At the UN Social Innovation Summit held at the end of May in New York City, a plenary panelist stated that social enterprises and social innovation are “really the same thing.” This conclusion was not […]
Social Entrepreneurship & Social Innovation – Not the Same Thing
Social entrepreneurs are obsessed, quirky, and disruptive – and that’s why they can be so effective in creating major change. At the UN Social Innovation Summit held at the end of May in New York City, a plenary panelist stated that social enterprises and social innovation are “really the same thing.” This conclusion was not […]
Why Job Creation Is King in Africa, Just Like Everywhere Else
At the recent Africa Economic Summit in Cape Town, one of the themes of debate was the ‘post 2015’ goals, which the United Nations community will set itself when the existing Millennium Development Goals expire in 2015. I spoke at an event hosted by Business Fights Poverty where the audience seemed divided over whether these […]
Empowering women at scale requires a strong business case and partnership
Coca-Cola, like many other businesses, recognises that our business growth journey in emerging economies will only be sustainable if the benefits of growth reach all members of society, especially those who traditionally have been marginalised, including women and young people. As a business, we believe that there is no better investment than women, both to […]