Cordaid Investment Management and a group of other microfinance lenders and key players in inclusive finance worked on a set of principles to better support the microfinance sector in the health and economic crisis caused by the Covid-19.
Impact investing giants from across the globe are joining forces to fight the devastating and widespread economic and social consequences of COVID-19.
Viewpoint: Why Social Entrepreneurs Are Critical to Our Response to and Recovery From the COVID-19 Crisis
Social entrepreneurs solve market and government failures by serving excluded and vulnerable populations, which are most at risk to impacts of COVID-19.
Press Release: Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19
Nonprofit microfinance organization Grameen America today announced that it has launched the Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs the organization serves.
- North America
Forty leading global organizations have united to launch the COVID Response Alliance for Social Entrepreneurs, pooling knowledge, experience and responses to alleviate suffering and advance new models of change for a more inclusive, equitable and sustainable world.
The dramatic slowdown in industrial production, energy demand and transport activity in the first quarter of 2020 has led to significantly lower levels of air pollution, sparking debate over whether the coronavirus outbreak will lead to long-term shifts in consumer and industrial behaviours that could reorient economic policy towards sustainable development goals.
Press Release: ImpactAssets Launches Impact Investing COVID Fund in Response to Activated Investors and Philanthropists
ImpactAssets, a nonprofit impact investment firm that invests in funds and companies that create social and environmental return alongside of financial return, today announced the launch of the ImpactAssets COVID Response Fund, a hybrid of rapid-response charitable giving and flexible impact investing with an initial capacity of more than $1 Billion in investment opportunities.
The Informal Economy is Complicating Government Responses to COVID-19: Will the Crisis Push Millions Toward Formality?
As COVID-19 devastates the global economy, many governments have designed support measures to help businesses and workers survive. But as Jill Lagos Shemin and James Dailey point out, this support may be ineffective in lower-income countries, where most small businesses and their employees work in the informal economy, lacking bank accounts and even valid ID. They explore some solutions governments can pursue – and trade-offs they will have to accept.