A new learning brief from IFC introduces how the fast-moving consumer goods (FMCG) sector, including manufacturers, e-supply chain actors, investors, and development organizations, can advance gender equality within the distribution activities. The brief provides a market overview and presents an emerging business case, the challenges facing women distributors and retailers, and recommendations.
When the European Union embraced the concept of double materiality in the Corporate Sustainability Reporting Directive, mandating that investors consider risks corporations externalize onto people, the business and human rights movement notched a significant win. Now the notion of double materiality is also taking shape in a different guise beyond Europe: in rising investor concerns around systemic risks, including inequality.
On behalf of Futuremakers by Standard Chartered, Business Fights Poverty in partnership with Murray Edwards College, University of Cambridge, conducted a survey of over 1,200 young people about financial inclusion. The survey responses and stakeholder interviews point to three main issues: i. Young people need to be put at the heart of designing products and services that are fit for them; ii. Young people require financial information and infrastructures to make informed financial decisions; iii. A relationship of trust needs to be built as part of the provision of financial services and products.
On Monday, World Refugee Day marked the start of Refugee Week (20-26th June) – a UK-wide festival celebrating the contributions, creativity and resilience of refugees and people seeking sanctuary. Read on to learn more about a partnership between Comic Relief and Jersey Overseas Aid which has helped support some of the two billion people who lack access to formal financial services.
The world’s poor are continuously affected by the low availability of sustainable and reliable energy, with increasing difficulty in remote areas. Modern energy services are crucial to human well-being as well as to countries’ economic development. Mark Kojo Medegli, Sustainability Leader of United People Global, explains what the way forward looks like.
Andrew explains why the UK’s development finance institution is going through a rebrand and what the plans are going forward. He shares with us just how we can all get involved, partner and help shape their work.
Rosa Wang, social impact pioneer, examines how mobile technology frontiers are providing financial access, connectivity, identity and empowerment for people across the world – from Kenya to India.
UNICEF is appealing for $349 million to provide life-saving support for children and their families. This funding will help to support over 3.5 million people, including 2.2 million children, and the business community has responded at an unprecedented speed and volume.
Lily Petkova from ISEAL discusses the gender barriers that affect the income of female smallholder farmers and how we can apply a gender lens to transformative approaches when considering a living income.
Gyapa is one of the largest and longest running cookstove projects in the world. Ann Koontz, CEO at Relief International, shares her reflections and advice on how this carbon reduction project has progressed over 10+ years and how her partnership with ClimateCare has given vital access to carbon finance enabling her to scale the project’s impact.
During the conversation we explore why anchoring climate change as a humanitarian disaster is essential; how our producers and farmers are climate mitigation and resilience pioneers; and what you can do next to better partner for impact.
Almost two trillion dollars is being invested in ESG investment vehicles annually. And yet to date the instruments for investing and tracking the impact of the social dimensions are weak. The Citi-SOPHIA Oxford collaboration has uncovered a robust way to improve this.
A new assessment shows that just 1% of the world’s most influential companies are demonstrating the fundamentals of responsible business conduct. Dan Neale outlines what needs to change for the private sector to address rather than add to growing inequality.
The potential to incorporate a systems approach into a fund structure represents new thinking on how to evaluate opportunities, support businesses, increase impact, measure impact, and shape entire markets to reduce the gender gap.
Snigdha Ali and Maria May explain why being unbanked is a serious inequality issue and how digital financing can create economic empowerment, particularly for women in emerging markets.
Applications are open for the Entrepreneurs for Resilience Award 2022. This competition awards impact-driven, market-based organizations that contribute to building resilient societies. This year, the award targets enterprises that increase financial access to healthcare in low-income communities.
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. A new study examines crucial lessons learned over the past 12 months from organisations striving to continue to support vulnerable people access finical services throughout the pandemic, to prevent vital progress from being undone.
Recent commitments by financial institutions to align with net zero raise the question: where is all that money going to go? The food and land use sector offers unique investment opportunities that can reduce carbon emissions in a cost effective manner, while also addressing biodiversity loss and inequality. This must be done in a people-centered way, contributing to a just rural transition.
Learn about advanced financial strategies that aim to eradicate poverty. Our focus includes investment solutions and economic policies for lasting change.