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A Closer Look at The World’s Largest Unaddressed Disability: Leveraging Inclusive Business to Eradicate Poor Vision
Uncorrected poor vision affects some 2.5 billion people, costing the global economy $227 billion a year in lost productivity. Yet though 90% of these people live in developing countries, the problem ranks low on the global development agenda – even though it can often be fixed by a simple pair of glasses. Jayanth Bhuvaraghan at Essilor explores the issue, and discusses an innovative solution: the Eye Mitra program, which trains youth in emerging countries to become micro-entrepreneurs, providing primary vision care and selling low-cost eyeglasses in their communities.
- Categories
- Health Care, Social Enterprise
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From Critic to Cheerleader — David Malpass’ First Week at the World Bank
Addressing staff — and then later members of the press — Malpass appeared at pains to show he has little appetite for the kind of organizational shake-up former president Jim Kim undertook early in his first term. Instead, Malpass littered his remarks with references to the bank’s “twin goals” and liberally praised staff and his leadership team.
- Categories
- Finance
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Development-bank climate funds seek new dollars, as competition heats up
The $8.3-billion Climate Investment Funds (CIF), currently the world’s largest multilateral climate financing instrument, help developing states pursue low-carbon development that protects them better from wilder weather and rising seas.
- Categories
- Environment, Finance, Investing
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Paycheck, Please: Why Jobs Are Better Than Charity
Those of us who “won the zip code lottery” by being born in a prosperous country often take for granted something that’s out of reach for many people around the world: a stable and satisfying job. Suzanne Skees explores how the Skees Family Foundation leverages the power of dignified, secure jobs to fight poverty – and highlights what they've learned from partner organizations about how to maximize the impact of job creation efforts.
- Categories
- Investing, Social Enterprise
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World Changing Ideas 2019: 17 winning solutions that could save the planet
Fast Company is excited to announce the winners of the 2019 World Changing Ideas awards. World Changing Ideas, now in its third year, celebrates businesses, policies, and nonprofits that are poised help shift society to a more sustainable and more equitable future.
- Categories
- Technology
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First-of-its-kind development impact bond launched in Cameroon to save newborn babies
The Cameroon Kangaroo Mother Care Development Impact Bond (Cameroon KMC DIB) aims to reach more than 2,200 newborns with life-improving care. Money will fund scale up of Kangaroo Mother Care (KMC) in Cameroon to help newborns survive and thrive.
- Categories
- Finance, Health Care, Investing
- Region
- Sub-Saharan Africa
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Major New UN Report Calls for Overhaul of Global Financial System
The report is a joint product of the Inter-agency Task Force on Financing for Development, which is comprised of more than 60 United Nations Agencies and international organizations.
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Press release: New Report Shows Chinese Philanthropy Sector Has Quadrupled to USD 23.4 Billion Since 2009
Published by AVPN and supported by The Rockefeller Foundation, Philanthropy in China is a first-of-its-kind report that looks beyond indices and rich-lists, and details the unique evolution and characteristics of Chinese giving, highlighting key trends, opportunities and challenges that philanthropists – both Chinese and international – can leverage to maximize their impact.
- Categories
- Investing
- Region
- Asia Pacific
