Economic Development

Economic Development Strategies to Combat Global Poverty

Business Fights Poverty Briefing with McKinsey, UNDP and the Connecting Business Initiative.
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Is your company working to advance the Sustainable Development Goals? Does your organization transform lives and markets with sustainable solutions to development challenges? If so, we want to hear from you.
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Join us for a live written discussion with a panel of experts to deepen understanding of the role of business in tackling the coronavirus. Taking place on Thursday, 19 March, 11am-12pm EDT (3pm-4pm GMT)
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I was invited recently by the Oxford Hub of the Institute of Corporate Responsibility and Sustainability (ICRS) to share my thoughts on what it takes to build a successful partnership. All of us who are involved in partnerships know that there are no simple answers and that partnerships take hard work and perseverance.
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Businesses need not face an either-or choice between purpose and profit. Companies that deliver value to society also typically generate higher long-term returns to shareholders. The key is for purpose to be pursued in a disciplined way that recognises that a company shouldn’t be all things to all people, but focus on where it has the greatest impact.
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On February 27th, Business Fights Poverty held a live written discussion to explore how we can measure, manage and get the most from our social impact. Given that this was one of our liveliest online discussions to date, with over two thousand attendees and 174 comments, writing a compact summary of the event may not do it justice.
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To date, this column has been devoted to films that provide a lens through which we might see the ways that various cultural artifacts, including business, music, sports and film, can help us see possible contributions to peace.  This month, I’m expanding beyond film to its screen cousin, television, with attention given to AppleTV’s The Morning Show. 
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Roughly 600 million people in Africa lack access to electricity. Off-grid energy solutions, such as solar home systems and mini-grids, are the most efficient way to provide energy to over half of these people. Although the impact of providing energy access on people’s lives – including through off-grid solutions – may seem obvious, it’s important to better understand and quantify exactly what this means. Because it’s through this detailed understanding of impact that we can become better investors.
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The world is facing a series of difficult problems right now, from climate change to societal and economic challenges. It’s imperative that we solve these issues as a matter of urgency. Rising to meet these challenges means adopting a practical approach. It requires shifting our perspective, and redefining what success looks like.​
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Part III of this series describes how N-Frnds has created a hybrid network of Pre-sellers serving multiple FMCG and corporate partners, enabling them to profitably serve last-mile outlets while also empowering these micro-retailers with access to finance to expand their sales and become more viable businesses, creating a win-win situation for all.
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With 10 years to go, we need bold, collaborative action to deliver the Sustainable Development Goals (SDGs), the internationally-agreed 2030 targets for people and planet. In his call to action, the UN Secretary-General argues for the mobilisation of partnerships “like never before”, with an appeal to “innovators and disruptors in the private sector to embrace new business models that match the demands of the 2030 Agenda”.
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Long live collaboration. This podcast hears from Paul Skinner, award winning marketeer, leadership coach and author of: ‘Collaborative Advantage: How collaboration beats competition as a strategy for success.
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As you’re no doubt aware, the World Economic Forum’s Annual Meeting took place last month. And while deep snow was noticeably absent (reinforcing the environmental dangers presented by the sizeable delegation from Extinction Rebellion (XR) this year), the audience of elite senior executives from around the world remained the same.​
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To mark the beginning of the “Decade of Delivery and Action”, James Gomme focuses on a list of “Top 10” tips that business can apply toward more robust action and substantial long-term progress.
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Last week’s UK-Africa Investment Summit brought together a wealth of businesses, governments and international institutions to showcase and promote the breadth and quality of investment opportunities across Africa.​ Read reflections from CDC Group CEO, Nick O’Donohoe
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Join us for a live written discussion with a panel of experts to discuss how businesses can measure, manage and get the most from their social impact. Live Panel taking place on Thursday, 27 February, 10-11am EST (3pm-4pm GMT)
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In the build up towards Business Fights Poverty’s first Online Discussion of 2020, which focuses on Impact Measurement, learn more about the topic in this interview brought to you by Business Fights Poverty Content Partners iBAN and Business Call to Action.
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Genuine ‘stakeholder capitalism’ must be fundamentally more than a shiny new logo upon swish marketing strategy with some philanthropy thrown in​
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Venture capital (VC) is a relatively new asset class but is already having a transformative impact on large sections of the global economy.
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Professor Colin Mayer CBE has devoted his life, learning and career to the role of business in society – from governance and taxation to responsible and ethical business decision making. 
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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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