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India’s Unconventional COVID-19 Recovery: How Platformization and Digitalisation Can Build an Inclusive Post-Pandemic Economy
Most of India's labour force is employed in the informal sector, and these workers have faced unique challenges during the COVID-19 pandemic: Over 78% of them lost their livelihoods in the initial lockdown, and many remain unemployed or underemployed. But Chhavi Banswal at Ola Mobility Institute highlights a silver lining behind these dark clouds – accelerated digitalisation and platformization. She explores how gig/platform workers have become a key part of the country's economy, and discusses a recent report showing how digital platforms can expand employment opportunities for all.
- Categories
- Finance, Technology
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The Digital Revolution in Healthcare: How COVID-19 Has Accelerated Efforts to Close the Health Data Gap in Emerging Markets
In many emerging markets, there is a lack of accountable, accurate, real-time health information. With most medical information stored either on paper or on unconnected, often incompatible digital platforms, health statistics are largely disjointed, incomplete and inaccurate – a data gap that impacts every stakeholder in the healthcare ecosystem. However, according to Mark Wien at PocketPatientMD, this situation is changing. He explores how COVID-19 has accelerated the transition to digital data solutions, and highlights some key challenges to these efforts.
- Categories
- Coronavirus, Health Care
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Avoiding the Great Divergence: How Community Investment Trusts Could Help Developing Countries Recover from COVID-19 and Achieve the SDGs
As the global economy gradually recovers from COVID-19, some fear the world is heading towards a “Great Divergence,” in which the recovery gathers momentum in richer countries while leaving developing countries behind. To avoid this outcome, emerging economies will need a surge of investment. To that end, Norman A. Bailey at The City University of New York and Alfred Watkins at the Global Solutions Summit explore why Community Investment Trusts provide an innovative model to finance pandemic recovery while building a foundation for sustainable growth.
- Categories
- Coronavirus, Investing, Social Enterprise
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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.
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- Agriculture, Coronavirus, Impact Assessment, Investing, Social Enterprise
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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
- Tags
- circular economy, COVID-19, recycling, waste