Economic Development

Economic Development Strategies to Combat Global Poverty

Practical Steps Large Companies Can Take to Support their MSME Partners through the COVID-19 Crisis

While COVID-19 is hurting all businesses, MSMEs are particularly vulnerable, especially those cash-based informal businesses in developing countries, which have no social protection and are unable to access most forms of government emergency finance, or transition to remote working. A new Action Toolkit has been published to help companies support their MSMEs partners.
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UN SG Launches Road Map to Address COVID-19

On 31 March 2020, the United Nations published its plan for the global response to the COVID-19 crisis and its socio-economic consequences. The report, “Shared responsibility, global solidarity: Responding to the socio-economic impacts of COVID-19”, calls for a coordinated, multilateral response unprecedented in scale, and which demonstrates solidarity with the world’s most vulnerable communities and nations.
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Why We Need Social Intrapreneurs More than Ever During COVID-19

Our economic system is at a crossroads. We are not only dealing with the COVID-19 pandemic, the single most impactful event of a generation but also the increasing effects of climate change and social inequality are not going away.​
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Kenya: Business and COVID-19: Local Action

Business Fights Poverty Briefing with the National Business Compact on Coronavirus, Kenya. This live webinar looked at the action taking place on the ground
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The Urgency of a New Social Contract​

The COVID-19 crisis makes one thing abundantly clear: the social contract between government, business, employees, and people is not working as it should.   
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How businesses respond to Coronavirus has massive ramifications – now and for the future economy that emerges

How business responds to the Corona virus crisis matters hugely. It affects what happens to millions of lives and livelihoods now. And it affects the prospect for building back better. What we do now, will shape the pathway out of this mess. In years to come, suppliers and stakeholders will remember which businesses and brands acted responsibly during the crisis, working through problems together.
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How can businesses support their NGO partners through the impact of COVID-19?

Join us for a live written discussion with a panel of experts to deepen understanding of the role of business in supporting its NGO partners through the impact of COVID-19. The live panel takes place on Thursday, 9 April, 9.00 am EDT / 2.00 pm BST
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How Can Businesses Support their NGO Partners Through the Impact of COVID-19?

Join us for a live written discussion with a panel of experts to deepen understanding of the role of business in supporting its NGO
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Cometh the hour, Cometh the Call for Collaborative Action Against COVID-19

Facing unprecedented times globally, this COVID-19 challenge calls for focus, creative thinking, cooperation and collaborative action. COVID-19 is impacting us all, in all walks of life, to the core and dramatically demonstrates our inter-connectivity and interdependence. It is profoundly challenging human health and the human spirit. From a business point of view, this is a defining moment for leadership and action.
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COVID-19 and the Poor: Inclusive Business has solutions, but needs radical collaboration

The COVID-19 virus will soon make waves in low-income contexts in South Asia, Africa and Latin America. While these regions have a much younger population than the EU or China, both the disease itself and any measures to keep it from spreading will have a severe impact. The most vulnerable will be hit hardest.
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Cohabiting with a Virus: We Must Learn to Live Life on Land More Sustainably

The current pandemic crisis offers a chance to reimagine our approaches to managing natural resources, argues Martin Noponen of the Rainforest Alliance.
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Shaping a Sustainable Post COVID World: 5 Lessons for Business

So the day of reckoning has arrived. Having staggered on zombie like since the financial crisis of 2008, adding environmental (climate, pollution and biodiversity), social (inequality) and political (Trump, BREXIT et al) crises to its charge sheet, Globalisation circa 1980-2020 has finally fallen flat on its face. It’s greatest strength (the fluid movement of capital, jobs, people and manufacturing) ultimately it’s Achilles Heel as the virus spread rapidly across a hyper-connected world.
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Precarious and Informal Work Exacerbates Spread of Coronavirus

COVID-19 is having huge economic impacts, which are felt across all segments of society and all sectors of the economy in countries across the world. But hardest hit will be those working in the gig economy and informal sectors.
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Business and COVID-19: Webinar

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?

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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What is the Role of Business in Tackling the Coronavirus?

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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Five Golden Rules of Successful Partnerships

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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How Business Can and Should Solve Social Problems

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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Social Impact Measurement and Business: What, Why, and How?​’

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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The Morning Show: How Business and Television Can Help Us See Possible Contributions to Peace

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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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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