During this podcast we hear Alexis Geaneotes and Kathy Mignano from IFC share the latest thinking on inclusive business.
There are an estimated 2.7 billion people who live on less than $2.50 a day (Ref. UNDP, 2014) and 6 billion people live on under $8 a day. This is half the world’s population, but due to their low-income levels they are often overlooked in terms of products, services, and support from business and investors.
This podcast gives you a starter guide on how to address the needs of those that are underserved, also known as inclusive business. Informed by a new study: Leveraging Inclusive Business Models to Support the Base of the Pyramid during COVID-19, Kathy and Alexis provide insight into why businesses and investors should be developing inclusive business models, and provide real-world examples. They also share some new areas they will be focusing on to advance inclusion: Advancing digital solutions in health, developing inclusive supply chains, and engaging more diverse groups.
Listen to find out more.
Kathy and Alexis work for the International Finance Corporation (IFC) – which is a part of the World Bank Group.
Links:
Leveraging Inclusive Business Models to Support the Base of the Pyramid during COVID-19: www.ifc.org/wps/wcm/connect/pub…mid+during+covid-19
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