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5 development innovations to watch in 2013
Although this year had welcome news about poverty rates falling across the globe, almost two and a half billion people still get by on less than $2 a day. Innovative solutions for tackling global poverty are needed as much as ever. Here are five development innovations to watch in 2013:
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Skoll Foundation Announces 2013 Award Winners
The Skoll Foundation today announced the winners of its 2013 Skoll Awards for Social Entrepreneurship (SASEs).
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The Latest Way to Solve Poverty in the Middle East
In the last two years, the US Agency for International Development (USAID) has increasingly focused on supporting social entrepreneurship in the Middle East and North Africa region as a way of tackling the region’s socio-economic challenges that cause poverty.
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- North Africa & Near East
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- employment
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Egypt: Impact Investing Is Key to Inclusive Development in Egypt
Demographic pressures and years of under investment in meeting social needs suggest that Egypt will not be able to provide jobs, housing and basic services without adopting a wide strategy for inclusive development. Impact investing should be encouraged as one of the strategy's pillars.
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- North Africa & Near East
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USAID Mobilizes Record Amount of Private Capital to Support Small Businesses in Developing Countries
WASHINGTON, D.C. – USAID’s Development Credit Authority (DCA) worked with 45 financial institutions in 23 countries in 2012 to unlock up to $525 million in private capital for underserved entrepreneurs in developing countries. The financing, made available through 34 partial credit guarantees, is the most USAID has mobilized in a single year.
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Impact Career Series : Why Community Development Financial Institutions are a good place to start
Millennials are playing an important role in the growth of the impact investing industry, and increasingly more 20- and 30-year olds are looking for careers in the field. However, many young professionals looking to start their careers or transition into the impact investing field are discouraged by the limited number of opportunities. Community Development Financial Institutions (CDFIs), which have a long history of investing in hard to reach, are a good place to start.
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- impact investing
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Will Saral Money reduce corruption?
India's ruling government is making cash transfers an important pillar in its 2014 election strategy, and while others might call it bribery, citizens shouldn't complain if such initiatives help reduce corruption.
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- South Asia
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From Blueprint to Scale: Turning Research into Action
The Mumbai launch of Monitor’s sharply insightful From Blueprint to Scale: The Case for Philanthropy in Impact Investing marked the last stop on its world tour. India – the home of Monitor Inclusive Markets and several of the case studies explored in the report – was an apt landing point for the panelists to reflect on the insights garnered from across the globe that will help them to further develop and put into action the ideas from the report.
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