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The platform's new cause allows charitable foundations, endowments and other institutions to target their investments to companies making a positive social, economic or environmental impact in particular geographies.
Press release: OpenInvest Launches Place-Based Impact InvestingBlog Post
Most attempts to create energy access without considering its social impact will simply end up as a checked box on a list, without moving the needle on any of the SDGs, writes Saurabh Biswas, a PhD candidate at Arizona State University’s School of Sustainability. He explores a new study where researchers were embedded with companies and non-profits in Nepal, the Philippines, Uganda and Bolivia. The research points to the value of “multi-dimensional partnerships” that bring together not only energy companies and consumers, but other diverse stakeholders.
Putting Energy to Work: Community and Business Partnerships for Sustainable Local FuturesNews
CBDC may be issued for general use (“retail” CBDC) for peer-to-peer payments and payments from consumers to merchants; or for use by commercial banks and clearing houses (“wholesale” CBDC) for more efficient interbank payments that occur outside traditional correspondent banking and other payment systems.
This new form of currency could transform the way we see moneyBlog Post
The challenges small- and medium-sized businesses face in accessing capital in emerging markets are well-known. But Clint Bartlett and Michael Eastman wonder: What if the problem is not with the SMEs, but with the capital providers and their understanding of risk? They argue that the conventional perception of risk wrongly reinforces poor access to funding, which leads to a vicious circle impacting entire markets. They explore how shifting this perception could help funders see more opportunities and strengthen the system.
How Perceptions of Risk May Be Creating The “Missing-Middle” Funding GapNews
The report is a joint product of the Inter-agency Task Force on Financing for Development, which is comprised of more than 60 United Nations Agencies and international organizations.
Major New UN Report Calls for Overhaul of Global Financial SystemBlog Post
Most people know about the gap in financing the Sustainable Development Goals – estimated at around US $2.5 trillion per year. Yet few people seem to know what to do about it. According to Tillman Bruett, Secretariat Director for the UN Secretary-General’s Task Force on the Digital Financing of the SDGs, solving this problem will require creative new financing models – and the digital revolution may provide the answer. He discusses the UN's new call for ideas about how digital finance can help fund the SDGs – and invites all interested parties to respond.
The Key to Financing the SDGs: UN Task Force Seeks New Ideas for Digital Finance – Here’s How You Can ContributeTillman Bruett
Blog Post
Around 2.7 billion people – 35 percent of the world’s population – use on-site sanitation systems that are not connected to sewers. When they become full, they need to be emptied – a job that’s often done manually, presenting hazards to both the workers and their communities. Pit Vidura is tackling this challenge in Kigali, Rwanda, offering safe hygienic pit latrine and septic tank emptying for people in hard-to-reach areas. Katie Sottilare discusses the company’s innovative approach, and the impact it’s having.
Reimagining the World’s Dirtiest Job: How Pit Vidura is Professionalizing Waste Management
