-
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
-
Insurance in the Age of COVID-19: The Pandemic Highlights the Need for a New Approach
With much of the world on lockdown due to COVID-19, many businesses are closing down – either temporarily or permanently – with devastating effects on individual welfare and entire economies. This has amplified the importance of insurance, says Kate Rinehart-Smit at Cenfri. She explores how the sector can make a greater impact – not only on the resilience of businesses and individuals, but on broader economic development.
- Categories
- Coronavirus, Finance
-
Healthcare Cannot Exist Without Clean Water: Why WASH is the Foundation of an Effective Pandemic Response
Hospital beds and masks are often seen as the basic elements of defense against COVID-19. Yet for many developing countries, the pandemic has exposed even more fundamental disease prevention needs – namely, clean water and sanitation. Nafisa Jiwani at U.S. International Development Finance Corporation (DFC) discusses the vital role WASH plays in combating the pandemic, and how DFC is supporting water and sanitation efforts around the world.
- Categories
- Coronavirus, Health Care, Investing, WASH
-
Press Release: DFC Aims to Finance $1 Billion of Private Sector Investment in Honduras
“DFC is proud to support the Honduran people during this time of need around the world,” said Boehler. “We appreciate the Government of Honduras’s commitment to improve the business climate to facilitate investment and look forward to advancing our common goals through collaboration with the private sector. Public-private partnerships are fundamental to the strength of Honduras as a country and to the goals of América Crece.”
- Categories
- Finance
- Region
- Latin America
-
GSMA Launches Mobile Money Test Platform
The GSMA launched a mobile money interoperability testing platform (ITP), designed to provide an open, secure environment for operators, financial providers and other stakeholders to trial systems ahead of full deployment.
- Categories
- Finance
-
Press Release: 2X Challenge Exceeds Initial Target by Committing and Mobilizing $4.5 Billion in Capital Towards Women’s Economic Empowerment
The 2X Challenge is a multilateral initiative launched during the G7 Charlevoix Summit with the ambitious objective of deploying and mobilizing unprecedented amounts of capital to support projects that empower women as entrepreneurs, as business leaders, as employees and as consumers of products and services that enhance their economic participation.
- Categories
- Investing
- Tags
- 2X Challenge, CDC Group, CDP, coronavirus, DEG, development finance, DFC, EIB, FinDev Canada, Finnfund, FMO, gender lens, GIIN, IFU, impact invest, JBIC, JICA, Proparco, SIFEM, women entrepreneurs
-
It Takes a Bank to Rebuild a City: JPMorgan, Detroit and the Value of Private Sector Solutions to Urban Decay
Many large U.S. cities have fallen victim to extreme urban decay – and nowhere does this ring truer than in Detroit. But according to Mike Brown at LendEDU, the city is experiencing a turnaround, due in part to a five-year, $150 million investment by JPMorgan Chase. He explores why private sector giants should use their financial might to build upon this success.
-
IFAD Makes Landmark Investment in Impact Fund Helping Rural SMEs
In a continuation of its efforts to help small-scale farmers and micro-, small and medium size rural enterprises in developing countries create jobs and increase incomes, the International Fund for Agricultural Development (IFAD) announced today an investment of US$9 million (€8.4 million) into the Agri-Business Capital (ABC) Fund, a blended capital impact fund.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
Parent Organization
