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Yunus Was Right — Credit is Indeed a Human Right, and Savings is Important Too: Why the Microfinance Sector Must Avoid the ‘Circular Firing Squad’ and Promote Multiple Approaches to Financial Inclusion
Alex Counts, financial inclusion pioneer and founder of Grameen Foundation, took issue with Jeffrey Ashe’s recent NextBillion article, “Yunus Was Wrong—Savings, Not Credit, is a Human Right.” He argues that, instead of seeing the world through an “either/or” lens, the financial inclusion sector should embrace multiple tools, including credit, savings, insurance and more — and he urges today's changemakers to avoid promoting one social innovation at the expense of others.
- Categories
- Finance, Social Enterprise
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Africans Secured 60% Of the Gates Foundation’s $5 Million Fund for Health-Focused AI Projects
Gates Foundation has selected 29 African researchers for its inaugural $5 million Grand Challenges fund for AI project targeted towards global health.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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UN Report Proposes Holistic Approach to Water Use, Water Conservation
Titled, ‘Spotlight on Goal 6: From Commodity to Common Good: A Feminist Agenda to Tackle the World’s Water Crisis,’ the publication casts water as “a sacred, common good, not a commodity to exploit.”
- Categories
- WASH
- Region
- Global
- Tags
- global development, research, SDGs, water
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World Water Week: Water, Sanitation and Hygiene Funding Drops by a Third Putting Lives at Risk, Warns WaterAid
WaterAid is calling on donor countries to close the gap between what’s promised and what’s delivered.
- Categories
- WASH
- Region
- Global
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Mastercard Strive India Launches to Help Small Businesses Go Digital
Payments giant Mastercard has launched the Mastercard Strive India programme, which aims to help 500,000 small businesses in India go digital by 2025.
- Categories
- Agriculture, Finance, Technology
- Region
- Global
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Financial Institutions Failing To Integrate Nature And Climate: New Report Warns Inaction On Nature Impedes Net-Zero Ambitions
Financial institutions must step up responsibility to demand credible and comprehensive data to drive transformative change throughout the financial system.
- Categories
- Environment, Finance
- Region
- Global
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Philippines’ Bank of Philippines Island’s Green Bond Gets $250 Million Investment from International Finance Corporation
The Philippines' third largest bank issues a green bond to finance renewable energy and electric vehicles in the IFC’s biggest deal with a financial institution in the country yet.
- Categories
- Agriculture, Energy, Investing, Transportation
- Region
- South Asia
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Report: International Youth Day: It’s Time to Empower Youth with Skills for the Future
This report outlines the concrete progress 10,000 young innovators, activists and entrepreneurs made over the year to deliver on projects.
- Categories
- Environment, Technology
- Region
- Global
