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Sustainable Finance, Before and After COVID-19: What the New Focus on Public Sector Investment Means for Blended Finance
Before COVID-19 hit, sustainable finance was on a clear pathway towards success, with private sector capital leading the way. Then the pandemic started, necessitating a massive mobilization of government resources and putting the public sector’s role in the spotlight. Massimiliano Riva at the U.N.'s Joint SDG Fund explores this shift, comparing the pre- and post-COVID prospects for sustainable finance in developing countries, and discussing how blended finance can bring the public and private sectors together to maximize their combined impact.
- Categories
- Coronavirus, Investing
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Finding Opportunity in a Crisis: How Hatch Technologies Started a New Medical Device Venture During a Global Pandemic
In July 2020, the global COVID-19 pandemic was spreading aggressively across Africa. That's the same month Hatch Technologies, a nonprofit supporting newborn medical device distribution and services in sub-Saharan Africa, launched its operations. Dick Oranja, Hatch's executive director, discusses the challenges of starting a new venture during one of the most financially and logistically demanding times the world has experienced – and explores why the pandemic proved to be a surprisingly opportune time to launch.
- Categories
- Coronavirus, Health Care
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From Local Manufacturing to Digital Tech: How African Organizations are Pivoting to Support Maternal and Child Health During COVID-19
There have been substantial improvements in maternal and child health in sub-Saharan Africa over the last two decades, but the COVID-19 pandemic has put these gains at risk, as both maternal and perinatal outcomes are worsening in countries across the continent. Shraddha Kothari of Intellecap details how some organizations have adapted to respond to these challenges, exploring how they're using technology-based solutions, local manufacturing and innovative partnerships to prevent further deterioration of maternal and child health outcomes in the region.
- Categories
- Coronavirus, Health Care
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The Pandemic is Not Over for Social Enterprises: Here’s How Impact Investors and Other Funders Can Help Them Survive COVID-19
Social enterprises are developing innovative, sustainable and scalable solutions to the world's deepest economic and social issues, but many of these businesses are at risk of disappearing due to COVID-19. According to Alethia Kang at Acceso and Luke Seidle at Kiva, impact investors and other funders must step up to keep the social enterprise field afloat. They share five steps funders can take to bolster these businesses, and discuss how the partnership between their two organizations illustrates the value of flexible funding support during a crisis.
- Categories
- Agriculture, Coronavirus, Entrepreneurship, Investing
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Three Reasons Why Zero Waste is Essential to a Green, Fair Economic Recovery from COVID-19
The global waste problem is tremendous — the amount of plastic the world produces is set to quadruple in the next 30 years, and yet we’ve only been able to recycle 9% of existing plastic. But according to Claire Arkin of the Global Alliance for Incinerator Alternatives, there are solutions. She explores the multiple benefits of a waste management approach that prioritizes waste reduction and material recovery, lays out three reasons why this zero-waste model is key to producing jobs and building healthy economies, and highlights some businesses that are working toward this goal.
- Categories
- Coronavirus, Environment
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Building Back Boldly: How Decisive Government Action Can Support Entrepreneurship in a Post-COVID-19 Economy
COVID-19 caused a global economic contraction of 3.5% last year, inflicting particular damage on emerging economies and pushing approximately 120 million individuals back into extreme poverty. Consultants Kate Collins and Bar Pereg argue that disruption of this magnitude demands large-scale government investment – not only to address the pandemic's economic damage, but also to support the growth of innovative companies in an economy re-shaped by the crisis. They explore the impacts government interventions can have on entrepreneurship, and the importance of taking an ecosystem-wide approach.
- Categories
- Coronavirus, Entrepreneurship, Investing
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Innovation in Action: Lessons From Healthcare Innovators That Rapidly Pivoted To Respond to COVID-19
The COVID-19 pandemic has forced health-focused social enterprises to adjust their methods and priorities, shifting their modes of patient engagement and even developing entirely new programs. Innovations in Healthcare, a nonprofit housed at Duke University, studied a group of health innovators working in low- and middle-income countries to understand these shifts. Victoria Hsiung, Sowmya Rajan and Katie Flowers share insights from a recent white paper analyzing how these organizations have adapted, assessing four groups' choices and exploring the lessons learned.
- Categories
- Coronavirus, Health Care
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The Value and Limitations of Market-Based Innovations for Impact: Three Takeaways After COVID-19
The COVID-19 pandemic has made one thing clear: Digital innovation in service delivery and infrastructure is critical to economic inclusion – both in emerging markets and around the world. But as Tilman Ehrbeck at Flourish Ventures points out, the crisis has also provided a humble reminder that digital infrastructure, private-sector innovation and market-based solutions are not sufficient to ensure broad-based prosperity. He shares three observations, rooted in the experiences of the pandemic, about the value — and limitations — of private-sector approaches in a post-COVID-19 world.
- Categories
- Coronavirus, Technology
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