Economic Development

Economic Development Strategies to Combat Global Poverty

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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This insights paper captures the key takeaways from a skills-based session, “Partnerships for Systemic Change: Practical Approaches in Food Systems”, where global experts in
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The Business Fights Poverty Global Summit 2023 brought together thought leaders in a fireside chat to explore how business partnerships can be leveraged to
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Our latest report explores the rapid evolution of generative AI, its potential for positive social impact, the risks it poses, and the crucial role of businesses in harnessing its benefits and mitigating its risks. Share your perspectives and help shape our collective thinking on building an equitable, resilient future.
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The Business Fights Poverty Global Summit 2023’s Twitter Space discussion, aptly titled “Amplifying Social Impact Through Business,” was a pivotal discourse for business leaders,
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The Business Fights Poverty Global Summit 2023 workshop titled “Integrating Social Impact into Business DNA” was a poignant exploration of how businesses can effectively
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Micol Pistelli (UNHCR) and Ricardo Martin Garcia Tafur (IFC) explain why financial inclusion is a problem for displaced people.
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The Equality Institute is undertaking a new initiative looking at the challenges parents face in the workplace, how these challenges differ for mothers versus fathers and other people caring for children, and what employers can do to help overcome them. But we need your help. Please Share your views in this Parents in the Workplace Survey.
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While ESG has moved from a fringe topic to the forefront of business and investment strategies, questions persist about its real impact and how best to articulate its benefits. Experts and contributors from across the Business Fights Poverty community recently met to share their insights, highlighting several strategies and areas for improvement.
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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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