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At Rio+20: Will the Realities and the Possibilities for BoP Housing Truly Be Addressed?
There is a vital need to embrace concepts that incorporate the needs of all stakeholders (particularly harnessing the voices of the BoP themselves) via housing models that can handle market immaturities whilst building both at the necessary scale and to globally recognized quality standards. Let´s discard with the concepts that only focus on the short- to medium-term and examine how it is genuinely possible to tackle the complexities of the sector.
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- Uncategorized
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NexThought Monday: On the Eve of Rio+20, Creating a Lasting Cookstove Market
The Global Village Energy Partnership works with a group of 400 entrepreneurs to promote clean cookstoves in East Africa. Last year, these entrepreneurs sold more than 275,000 improved cookstoves, indicating that people have accepted the value of more efficient cookstoves, and that they provide a market opportunity for creating a sustainable business model.
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- Environment
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G20 Announces Winners of the IFC-Managed G20 Challenge on Inclusive Business Innovation
Los Cabos, Mexico, June 18, 2012—The Group of 20 today announced the winners of the G20 Challenge on Inclusive Business Innovation, a global competition managed by IFC, a member of the World Bank Group. Ambassador Rogelio Granguillhome, Executive Secretary of the Mexican Agency for International Development Cooperation and Chair of the G20 Development Working Group, presented the awards at a ceremony here.
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Reduction in ST on black tea: leading brands welcome government decision
Leading tea brands in Pakistan, Lipton, Brooke Bond Supreme, Pearl Dust and A1 welcomed the bold decision by the Government of Pakistan to stem smuggling of tea and provide relief to consumers. As per SRO 608(I) 2012, General Sales Tax on black tea has been reduced from 16 percent to 5 percent.
- Region
- South Asia
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Will invest US $ 1 bn in India for inclusive growth and climate change: Karin Finkelston
A member of World Bank Group, International Finance Corporation (IFC) has chalked out its investment plans for India focusing mainly on the renewable energy sources and targeting the bottom of the pyramid. Karin Finkelston, vice president, Asia Pacific talks to Rutam Vora on IFC's investment plans in India during the current year. Edited excerpts:
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- Energy
- Region
- South Asia
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Weekly Roundup: Bringing Broadband to the BoP and Other Insights From OMJ’s BoP Week
Like housing, expanding broadband requires close collaboration with public and private stakeholders, and a willingness to build trust across them. Building that trust was part of the mission of the Opportunities for the Majority’s Strategic Partners Dialogue, which brought together government officials, financers, NGOs, and, of course, entrepreneurs to discuss how policy innovation can be a catalyst for market-based solutions to poverty in both broadband and housing.
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- Technology, Telecommunications
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Reality Check at the Bottom of the Pyramid
Most companies trying to do business with the 4 billion people who make up the world’s poor follow a formula long touted by bottom-of-the-pyramid experts: Offer products at extremely low prices and margins, and hope to generate decent profits by selling enormous quantities of them. This “low price, low margin, high volume” model has held sway for more than a decade, largely on the basis of Hindustan Unilever’s success in selling Wheel brand detergent to low-income consumers in India.
- Region
- South Asia
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Weekly Roundup: This BoP Exit Brought to You, Courtesy of the Cloud
This week atyati technologies, a leading technology platform provider for the rural banking sector in India, with 2.5 million end users was purchased by Genpact, a $1.9 billion global leader in business process and technology management. The acquisition marks one of a handful of instances where a BoP-focused private initiative has been acquired in a mainstream transaction.
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