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South Africa’s Energy Schizophrenia: Why Hasn’t the Country Achieved Affordable Power for the Poor?
There are vast extremes between the energy rich and poor in South Africa, despite the country's great potential to make energy universally available. A new report by Impact Amplifier examines the reasons behind the discrepancies and describes five energy access business models for low-income communities: biogas, solar home systems, mini/micro grids, solar kiosks and solar appliances.
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- Energy, Entrepreneurship, Environment
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Social Business Roundup: SOCAP Aims for the Mainstream, Cambodia Caps Microcredit, Quali Health Simplifies Health Care
In announcing its new ownership, SOCAP mentioned the word “mainstream” six times – the popular social business and investing conference is clearly aiming to grow beyond its current niche. In Cambodia, the National Bank capped interest on microcredit to a maximum of 18 percent per year – about half of what some MFIs currently charge. And a visit to India inspired a South African doctor to launch a profitable health care clinic in a local shantytown. These stories and more in our weekly roundup.
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- Entrepreneurship, Environment, Health Care, Investing, NextBillion Originals
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How Loan Guarantees Are Unlocking Private Capital for Clean Energy and Sustainable Agriculture
MCE Social Capital, a nonprofit impact investing firm, believes leveraging loan guarantees can unlock private sector capital for the more than 2 billion people who lack access to formal financial services. Over the past couple of years, MCE has expanded its focus to clean energy and sustainable agriculture in an effort to promote macroeconomic stability and a healthy planet.
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- Agriculture, Energy, Environment, Investing
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Heeding the Voice of the Planet: Why CSR Isn’t Enough
Academic and author Stuart Hart writes that we have inadvertently put most of our chips on continuous improvement inside of current fossil fuel-based businesses and have largely forgotten about the critical importance of disruption, innovation and transformational change to corporate sustainability. How do we move business from the folly of competing for corporate sustainability ratings to actually making a difference? It starts with providing the right incentives, Hart says.
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- Energy, Environment, Technology
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Social Business Roundup: A Defiant Asset Manager, Salty Doorknobs and Who Has it Worse?
This week in social business, the world's third-largest asset manager is pressuring companies to add more women to their boards; a Nobel Prize winner's ponderings on inequality within nations might make you rethink life in America; and salt earns a chance to be a hero – for a change.
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- Energy, Entrepreneurship, Environment, Health Care, Investing, NextBillion Originals
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Saving Lake Atitlán: Women-Focused Business Provides Clean Water – and Good Jobs
After seeing that Guatemala's Lake Atitlán, where she was baptized, was contaminated, leaving thousands without jobs and clean water, Francesca Kennedy founded the social enterprise Ix Style. The company employs local female artisans to make Huarache sandals and bags, and donates 15 percent of proceeds to purchase water filters for families in Guatemala.
- Categories
- Entrepreneurship, Environment
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A Simple, Painless Way Governments Can Help the Poor and the Environment
In Haiti there’s a 15 percent tariff and tax on clean cookstoves. Based on elasticity of demand, Dalberg projects that if improved cookstoves’ taxes and tariffs were eliminated, their annual sales would increase by 13 percent, from 185,000 to 209,000. This in turn would mitigate costs associated with health and environment consequences of traditional cooking techniques.
- Categories
- Environment, Health Care
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A Tale of Two Islands: Solar Helps Indian Resort Shine
The author, Simmi Sareen, visited an island chain in the Indian Ocean. One island, Kadmat, has a solar plant that provides all the comforts travelers have come to expect. Another, Thinnakara, runs on undependable diesel power. Solar is the key that has enabled Kadmat's tourism-based economy to hum, Sareen says, and Thinnakara's could, too, if it would transition from diesel.
- Categories
- Energy, Environment
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