Viewpoint: Social Entrepreneurs Are First Responders To the COVID-19 Crisis. This Is Why They Need Support
For decades, social entrepreneurs have worked to solve market failures and build more sustainable models to create more inclusive economies. The Schwab Foundation 2020 Impact Report has demonstrated how its network of 400 social innovators and entrepreneurs has improved the lives of more than 622 million people in over 190 countries, protecting livelihoods, driving movements for social inclusion and environmental sustainability, and providing improved access to health, sanitation, education, and energy.
The COVID-19 pandemic has laid bare the reality that the world’s systems are fragile. Beyond the health and human tragedy of the virus, the pandemic has triggered the most severe economic crisis in a century with its impacts unevenly felt across nations, communities and economies.
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Source: World Economic Forum (link opens in a new window)
- failure, impact investing