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Public Good vs. Profitable Exits: Why Public Innovation Agencies Must Stop Copying Venture Capital
A new class of venture capitalist is emerging, but they aren’t Wall Street financiers or Silicon Valley tech bros. As Emre Eren Korkmaz at the University of Oxford argues, they are public innovation agencies that are shifting their funding approach: Instead of supporting high-risk research and innovations aimed at delivering societal benefit, they have begun to adopt the logic of venture capital, favoring commercially viable projects that are more likely to secure follow-on private funding. He explores the downsides to this shift, arguing that the world needs these institutions to do what private capital cannot or will not: supporting innovation for the public good, not just for profitable exits.
- Categories
- Investing, Social Enterprise, Technology
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From Energy Access to Economic Empowerment: Workable Models for Financing a Just Transition in Emerging Markets
Today 2.1 billion people live without clean cooking fuels and technologies, and over 660 million people lack electricity access. Yet as Anthony Osijo at Bboxx points out, as global conversations largely focus on decarbonizing energy resources to combat climate change, these millions of households still cannot access essential products and services the rest of the world takes for granted. He argues that emerging markets can't simply be left in the dark because their kerosene lamps and diesel generators aren’t environmentally viable, especially if they lack access to suitable alternatives. He explores ways to finance and deliver a just climate transition — while also eradicating energy poverty.
- Categories
- Energy, Environment
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Convincing Customers to Buy What’s Best for Them: How Lessons from Clean Cooking Can Increase the Adoption of ‘Merit Goods’
Despite their clear benefits, “merit goods” — products or practices that improve both individual and societal welfare — often struggle to achieve widespread adoption. As Jean-Louis Racine at the Clean Cooking Alliance explains, even when these products and behavior changes offer solutions to pressing social and environmental challenges, traditional marketing approaches often fail to build significant consumer demand for them. He examines the clean cooking sector’s experience in selling cookstoves and fuels to emerging markets customers, highlighting effective strategies that can accelerate consumer uptake of these and other merit goods.
- Categories
- Energy
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Turning Failure into Fuel: An Emerging Learning Platform Aims to Bring the Hidden Challenges in Humanitarian Energy to Light
The humanitarian energy sector is eager to learn from success. But according to clean cooking and energy access researchers Nazifa Rafa, Tash Perros, Iwona Bisaga and Ronan Ferguson, its failures are usually buried in reports or quietly brushed aside, and there's often a disconnect between what’s documented in impact reports and what practitioners experience on the ground. They argue that this dynamic is unsustainable in a sector with high risks, urgent needs and shrinking funding. In response, they share an emerging solution: the Humanitarian Energy Learning Platform, a centralized, inter-donor learning system designed to highlight what’s going wrong in humanitarian energy access, and how practitioners can systematically learn from it.
- Categories
- Energy
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Top-Down vs. Bottom-Up: Bhutan and Fiji’s Contrasting Paths to Digital Transformation Reveal the Pros and Cons of Government and Market-Driven Approaches
The pursuit of digital competitiveness — the capacity and readiness to adopt digital technologies — has led to remarkable success stories in emerging markets, transforming public infrastructure and enhancing the delivery of social and financial services. But as Neeraj Lekhwar and Garima Singh at FinValue Advisors explain, this path remains challenging for many nations — particularly small countries. They share insights from a FinValue study involving Bhutan and Fiji: two countries with comparable sizes and socioeconomic structures that have approached their digital transformation very differently. The policy paths they've taken present contrasting examples of digital adoption strategies that provide valuable lessons for other small markets.
- Categories
- Finance, Technology
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Time is a Social Innovator’s Most Precious Resource: Why Are So Many Funders Wasting It?
For social entrepreneurs and civil society innovators, time is a perpetually scarce resource. But according to Tanner Methvin at Impact Amplifier, in his decades of engagement with these innovators and their funders, he has often been shocked by how wasteful some of the funding world is with the ecosystem’s time. He argues that many funders don't fully understand the time demands imposed by their cumbersome systems for applying for grants or investments, or responding to requests for proposals. He explores these inefficiencies, and proposes a better way for funders to support the social innovation community.
- Categories
- Investing, Social Enterprise
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To Change the World, Change Your Economics: How Degrowth Can Shrink Overconsumption in the Global North While Allowing the Global South to Grow
The global economy largely operates under a neoclassical economic structure, which emphasizes a reliance on markets, a deference to the private sector and a focus on constant growth. But according to Matt Orsagh and Steve Rocco at the Arketa Institute, this structure has a fatal flaw: It operates on a planet with finite resources and limited places to put our waste, but assumes that economic growth can go on forever. They argue that the world needs a new form of economics that reflects our environmental realities, one focused on "degrowth" — i.e., an effort to equitably downscale production and consumption in the Global North, without putting undue restrictions on the development of the Global South. They explore what this change might mean for the world's economy, the investing community — and countries in the Global North and South.
- Categories
- Energy, Environment
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The Emergence of InfraTech: How AI and Other Digital Technologies are Enabling Climate-Resilient Transportation Infrastructure in LMICs
An estimated 1 billion people around the world lack access to all-weather roads. As Caylee Talpert at AnyWay Solutions explains, this means that over 12% of the global population cannot travel to school or work reliably throughout the year. She highlights the impacts of this gap, and explores how artificial intelligence, satellite and drone technology, and other advanced "InfraTech" solutions are optimizing climate-resilient transportation infrastructure in low- and middle-income countries.
- Categories
- Technology, Transportation
