Economic Development

Economic Development Strategies to Combat Global Poverty

Social Impact Pioneer Kapadia lays out why taking a gender lens to investing is essential if we are to ensure a just transition to a green economy.
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This report provides insights on building partnerships for green and inclusive growth, showcasing how collaboration between businesses, governments, and civil society can address global challenges of poverty, inequality, and climate change. By aligning social and environmental goals, harnessing core business strengths, and engaging local communities, the report offers a practical framework for creating scalable, impactful partnerships. Case studies include companies like Anglo American, Visa, GSK, Primark, Cemex, and the Clean Cooking Alliance. This report is a valuable tool for organizations looking to drive sustainable change through innovative, collaborative efforts. With the FCDO and Business Fights Poverty.
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Waste to Wonder Worldwide transforms discarded corporate furniture into valuable resources for underserved communities. Since 2003, its “School in a Box” initiative has furnished over 1,400 schools in 40 countries, impacting 1.5 million young people. This social enterprise exemplifies how businesses can leverage resources to drive sustainability and social change, creating a lasting global impact.
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It is well established that women and girls experience poverty in greater numbers than men and boys. This “feminization” of poverty presents itself in many forms, with women worse off when it comes to access to credit, land ownership and the impacts of climate change. But rather than seeing women as victims, a growing movement within the international development sector recognises them as the key to change.
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Join us for three engaging days at our hybrid Global Goals Summit 2024, including inspiring fireside chats, interactive workshops, and deep-dive clinics. Together, we’ll explore, ‘How can businesses build partnerships that are fit for the future?’ Our goal is to create a renewed vision for business action on poverty, inequality, and climate change. Register for FREE using promo code BFPGGS24.
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Addressing deforestation and land conversion within supply chains has never been more urgent, as businesses come under pressure to align their operations with global sustainability goals and new regulations. Credible sustainability systems are stepping up with new tools to help companies meet deforestation-free commitments, ensuring transparency and compliance in sourcing key commodities. Read on for more insights.
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Social Impact Pioneer Alix Lebec explains how finance and philanthropy can tackle global challenges, from climate change to poverty.
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Social Impact Pioneer, Bill Omondi talks from Kenya about empowering young people with great leadership and communication skills.
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A new report from 60 Decibels reveals insights from 3,000 coffee farmers in Uganda and Rwanda, highlighting the challenges and opportunities within the coffee supply chain. While profitability and financial security remain elusive for many, farmers show resilience and commitment. By prioritizing farmer voices and wellbeing, the coffee industry can foster greater sustainability and equity.
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Empowering Africa’s youth is key to combating violent extremism. By fostering sustainable livelihoods, promoting gender equality, and addressing environmental challenges, TechnoServe is creating brighter futures. Through cross-sector collaboration with trusted local partners, we can unlock the potential of Africa’s youth, driving positive change and reducing extremist influence across the continent.
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Implementing a living wage is challenging, particularly across diverse economic contexts. One promising solution to contribute to the living wage agenda is transitioning to digital wage payments, which offer greater transparency, security, and data accuracy for both workers and businesses.
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As the countdown to the G20 Summit continues, IIED’s Alexandre Apsan Frediani and Paula Sevilla Núñez reflect on their recent experience of co-chairing a G20 civil society engagement group on philanthropy’s role in sustainable development.
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How can we support the 600 million smallholder farmers around the world to meet and respond to the challenges of climate change? This article explores two carbon innovations in the Philippines and Ghana that are tackling these challenges by incentivizing smallholder farmers to adopt climate-smart practices and boost their incomes.
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Discover how Afro-futurist innovators are shaping the next wave of technological and cultural advancements. By blending African heritage with futuristic ideas, they offer unique perspectives on building a more inclusive future. Explore the intersection of technology, culture, and social progress in this groundbreaking movement
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Social Impact Pioneers Sue Tym and Jo Martin examine how to best support women in the garment sector and women’s mental health and work.
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Explore Dr. Martin Burt’s insights on empowering the poor through business and capitalism. Discover how innovative strategies and the Poverty Stoplight model can transform poverty relief, emphasising the role of businesses in fostering economic growth and self-sufficiency. Learn how a shift in perspective can help eradicate poverty.
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We invite you to contribute your insights and partnership examples to help set a renewed vision for business action on global challenges. The survey closes on 26th July. Your insights could be featured in our upcoming report supported by the UK’s FCDO and on social media.
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Social Impact Pioneers Kalkidan Lakew and Emily Janoch from CARE talk about Village Savings and Loan Associations (VSLAs), women & feedback.
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Global supply chains have historically sidelined Mexican Smallholder farmers but they are now at the forefront of an agricultural transformation. Discover how a unique partnership between multinational buyers and local farmers is steering the adoption of regenerative practices that enhance food security and promote environmentally positive practices.
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Gender equality is financially and morally good for big business. But what about SMEs, which are the engines of economic growth in countries of the global majority? To address this, USAID’s Feed the Future Market Systems and Partnerships (MSP) Activity tested the Women-Inclusive Return on Investment (WI-ROI) framework, generating valuable ROI insights.
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What do we mean by "Economic Development"?

Explore how economic growth can significantly reduce poverty through innovative business initiatives and strategic planning. Join us in making a difference.

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