Economic Development

Economic Development Strategies to Combat Global Poverty

Global businesses are leveraging responsible digital payments to accelerate progress towards the United Nations Sustainable Development Goals (SDGs), with a focus on aiding small retailers, smallholder farmers, and low-income workers. Digitization not only enhances efficiency but also drives financial inclusion, benefiting millions by offering secure, accessible transactions.
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Fairtrade’s recently launched sustainable agriculture policy calls for resilient food systems built on agroecology – that is, the application of environmentally, economically and socially responsible principles to farming. Here are five reasons why our current food and farming policies need a complete reset – and how we can do it.
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The Eco-Green Teens Project, initiated by a team in Nigeria, addresses the impact of the Covid-19 pandemic on food insecurity and rising prices. Through financial literacy and sustainable agriculture education, rural teenagers learned to cultivate staple foods and embrace a bio-circular economy. Empowered by the Global Youth Mobilization, the program fosters entrepreneurship and addresses UN SDGs.
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Delving into the Training of Trainers (ToT) model, this article evaluates its effectiveness and best practices. Drawing from Primark’s Ethical Trade Team’s experience and research, it offers insights into optimising ToT for large-scale knowledge dissemination and behaviour change.
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Attention investors and female entrepreneurs. Heather Matranga & Sanjukta Mitra share why <2% of investment goes to female-led businesses.
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Social Impaction Pioneers Isaac Nyangolo of Zeraki and Paul Ronalds from Save the Children’s Global Ventures explain NGO innovation.
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Daniel Mangena, shares his insights on rebuilding from failure, recharging, finding purpose, and overcoming adversity.
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Smallholder dairy farmers face numerous challenges due to limited opportunities to secure funds that could help them grow and invest in essential assets for boosting their profitability and transition to regenerative business practices. So, how can innovation and partnership step in to bridge this gap?
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Enlightened businesses recognise their opportunity to lobby governments to tackle inequalities, as well as behaving responsibly. But few seem willing to speak out about socio-economic inequalities. Read on for nine reasons why businesses should speak out about the need for a fairer Britain
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Meet Social Impact Pioneers Jennifer Owens and Kati Kallins. Two people with decades of experience working with people from across business areas – in that time Jenn and Kati have learnt a few things about how to better communicate environmental, social and governance topics. Buckle up for a deeply pragmatic conversation, stuffed full of practical guidance and insight.
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Fairtrade intensifies fight against cocoa child labor with a new program. Despite challenges, the €450,000 budget aims to generate additional income for co-ops, offer education grants, and support poverty-alleviating projects. Co-ops’ innovative proposals will be funded based on impact and scalability.
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Bangladesh is implementing innovative measures and allocating a significant portion of its budget to combat climate change. Learn why investing in the Global South now not only addresses the urgent climate emergency but also promises long-term benefits for the rest of the world.
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Social Impact Pioneer, Dale Buscher, of Women’s Refugee Commission talks refugee self-reliance and building livelihoods
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Climate-driven Loss and Damage is bad for business and customers, but worst for the world’s economic backbone: women on the frontline of climate change. If their ability to manage climate change is not supported, business continuity stalls. Companies should support women, alongside civil society and policymakers, to foster a global economy that delivers for everyone. 
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Social Impact Pioneers Joyce Coffee and Henning Alts examine how to building climate resilience with sustainable, affordable homes.
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UN SDG Action Campaign Global Director Marina Ponti emphasizes unity in action to achieve the Sustainable Development Goals (SDGs) ahead of the SDG Summit. Over half the world’s population is being left behind, with just 12% of SDG targets on track. The UN SDG Action Campaign launches the UNITE TO ACT campaign, calling for global partners to mobilise and commit to SDG actions for a sustainable future.
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The youth population in Sub-Saharan Africa is set to surpass any other region, making education a crucial investment. Learning poverty affects 90% of children in the region, necessitating urgent solutions. Kwara State’s Governor showcases the transformative power of the KwaraLEARN program, emphasizing its data-driven pedagogy and innovative learning technologies. Investing in education will unlock Africa’s economic potential and empower its young generation to shape the world’s future.
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Social Impact Pioneer William Buist explains the basics of business purpose; why we might be over complicating it; and how to obtain mastery.
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Research in 12 countries by GlobeScan for Fairtrade suggests rising food prices haven’t deterred the majority of shoppers from paying a bit more for a Fairtrade product. Many people still put ethical considerations high on their list when they go to the supermarket. Here are five good reasons why.
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The Workshop on “Collaborating on Generative AI for Social Impact” convened a group of technologists, business leaders, and social impact advocates to unpack the
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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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