Economic Development

Economic Development Strategies to Combat Global Poverty

The Business Fights Poverty Global Goals Summit 2026 will take place on the 22nd and 23rd of September in a hybrid format, online and
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Climate action often fails not from apathy, but from poor design. This article argues that the most powerful environmental impact comes from embedding sustainability into everyday systems—especially finance. By making climate-positive choices automatic rather than effort-based, businesses can drive durable behaviour change and shift outcomes at scale.
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Social Impact Pioneer, Sam Teicher talks the business of coral reefs, running impact businesses, investors and innovation.
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How to bring business talent development and social impact to get the best outcomes. Social Impact Pioneer Banalata Sen, Global Head of GoTeach at DHL Group shares her wisdom.
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At the start of every year, the Business Fights Poverty community comes together to explore how we can collectively navigate the opportunities and challenges
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Social Impact Pioneer, Darshana Myronidis, Director of Sustainability, Virgin Group talks Social Impact: big picture to on-the-ground action
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As support for Windows 10 ends, millions of corporate laptops risk becoming e‑waste. London social enterprise SocialBox.Biz shows how businesses can repurpose redundant IT devices with open-source software, cutting emissions while tackling digital exclusion. Partnering with charities, companies can turn “old kit” into a lifeline for people facing homelessness, poverty and isolation, and strengthen ESG performance.
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With less than five years left to achieve the SDGs, a new UN Global Compact Network UK report benchmarks how six high-impact UK business sectors are performing. While companies show strong social sustainability progress, environmental action still lags. The findings offer a roadmap for aligning strategy, policy, and investment to accelerate UK leadership on the SDGs.
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In this episode, legislative attorney and human rights strategist Maaria Mozaffar shares how inclusive policy starts with empathy, not slogans. From writing human-centred laws to challenging systemic inequity, she reveals how anyone can shape justice. Tune in for a powerful conversation on dignity, courage, and transforming disillusionment into action.
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Artificial intelligence offers enormous potential to level the playing field for young entrepreneurs — but without urgent action, it risks deepening inequality. Drawing on insights from Youth Business International’s policy paper, this article explores how business, policymakers, and support organisations can collaborate to close the AI divide and build a more inclusive future for entrepreneurship.
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Avon is redefining beauty through purpose-driven sustainability. From empowering millions of Representatives to innovative cruelty-free and refillable products, Avon’s strategy integrates climate action, ethical sourcing and gender equity. This article explores how Avon’s inclusive business model and ESG commitments are creating lasting social impact across communities and supply chains.
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Micro-retailers are vital to local economies and brand ecosystems, but many face repeated disruption from climate shocks. A new report from Business Fights Poverty and Mastercard Strive explores how digital financial tools can fortify, navigate and recover from climate risks, creating stability for low-income entrepreneurs and strategic value for financial institutions and supply chains.
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Extreme heat is the deadliest US climate threat, costing thousands of lives and hundreds of billions of dollars annually. A new white paper, Heat Resilience: An Opportunity for Cross-Sector Action in the United States, outlines a shared agenda, sector guidance, and policy and finance levers to drive coordinated, community-centered resilience across business, government and healthcare.
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As world leaders endorse the Belém Declaration on people-centred climate action, one truth is clear: farmer resilience must move from rhetoric to investment. This article explores why smallholder farmers receive less than 1% of climate finance, and how local agricultural enterprises offer the fastest, most scalable route to climate-resilient supply chains and global food security.
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Global retailer Primark is pioneering responsible purchasing practices across its supply chain by adopting itemised costing methodologies, embedding cross-functional training and collaborating with suppliers. This case study explores how the retailer aligned buying, merchandising and ethical trade functions, leveraging the Ethical Trading Initiative Learning & Implementation Community to support living wages and sustainable conditions for workers worldwide.
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David Nicholson, a leading figure in global climate action, speaking to us directly from the UN Climate COP in Belém, Brazil. As Mercy Corps’ first-ever Chief Climate Officer, appointed in 2022, Nicholson has been at the forefront of embedding bold, science-driven climate strategy into one of the world’s largest humanitarian organisations – expect to hear his thoughts on climate resilience, adaptation and business action.
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Women’s Entrepreneurship Day highlights a critical truth: empowering women entrepreneurs is essential for global economic growth. Despite driving innovation and community resilience, women still face systemic barriers to finance, digital access, networks, and safety. Closing the gender gap in entrepreneurship is not only a moral imperative—it is a powerful economic strategy with transformative potential.
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Matthew Spencer, Global Director of Landscapes at IDH – The Sustainable Trade Initiative, sits down for a timely conversation recorded live from COP 2025 in Belém, Brazil. With climate risks intensifying and global supply chains under unprecedented pressure, Matthew explores why landscape-level collaboration is emerging as one of the most effective solutions for protecting the world’s most vulnerable ecosystems — while strengthening livelihoods for millions of smallholder farmers.
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Business Fights Poverty explores how companies can link social and environmental impact to drive a fairer, more resilient future. Using insights from the 5 Bridges to 2045 framework and Natura’s pioneering Integrated Profit & Loss (iP&L) model, this article shows how valuing natural, social, and human capital can transform decision-making, performance, and long-term sustainability.
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Hear from Social Impact Pioneers: Anna Kilpatrick, Chief Strategy and Impact Officer at PUR, whose agroforestry projects help global companies decarbonise agricultural supply chains while improving smallholder incomes. Ann Vaughan, Associate Vice President for Resilient Futures at CARE, leading work to unlock climate finance that reaches 25 million people, especially women and girls. Olaf Westermann, Senior Technical Advisor on Climate Change and Agriculture at CRS, connecting conservation, livelihoods, and equity in nature-based carbon projects worldwide. And Lilian Gwazayo, Field Advisor, & Environmental Scientist, CARE, Malawi.
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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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