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Campaigners Urge International Finance Corporation to Ditch Reported Backing for Vietnam Gas Project
A group of 26 influential climate organisations are urging the International Finance Corporation (IFC) to abandon plans to support construction of an LNG-to-power plant in Vietnam.
- Categories
- Energy
- Region
- South Asia
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Press Release: BRAC Receives $60 Million as 2020 Audacious Project to Lift 21 Million People From Extreme Poverty by 2026
Over the next six years, BRAC's Ultra-Poor Graduation Initiative will work with governments in countries with the greatest potential to scale BRAC's Graduation approach to help millions more people to lift themselves from extreme poverty.
- Categories
- Coronavirus, Education, Finance, Health Care, Investing, Uncategorized
- Region
- Asia Pacific
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When Will Clean Cooking Hit the Gas? An Interview with New Alliance CEO Dymphna van der Lans
In March 2018, Dymphna van der Lans was appointed CEO of the Global Alliance for Clean Cookstoves, an industry group representing businesses, investors and NGOs. The organization has since rebranded as the Clean Cooking Alliance and has set a new goal: to achieve universal access to clean cooking by 2030. In this video interview with NextBillion editors, we ask van der Lans about how the alliance is helping to reach those goals – as well as the criticism it has faced about the sector's social impact.
- Categories
- Energy, Environment
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Oxfam appoints Sriskandarajah as chief executive
Oxfam GB has appointed Dhananjayan Sriskandarajah as its new chief executive, taking over from Mark Goldring “around the end of 2018”. Sriskandarajah is currently secretary general and chief executive of CIVICUS, the Johannesburg-based global alliance of civil society organisations and activists with members in more than 180 countries.
- Categories
- Agriculture, Health Care
- Region
- Sub-Saharan Africa
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Impact Investing Lessons for NGOs: Mercy Corps’ Scott Onder Discusses its Social Venture Fund
We don’t typically associate NGOs, particularly humanitarian organizations like Mercy Corps, with impact investing. But since 2015, Mercy Corps has run the Social Venture Fund, which invests in and accelerates the growth of innovative, scalable ventures that can positively impact millions in the developing world. NextBillion interviewed Scott Onder, managing director of the fund, about Mercy Corps' experiences as an investor, the rationale behind this ground-breaking approach – and lessons for other NGOs that may be considering a similar move.
- Categories
- Entrepreneurship, Impact Assessment, Investing
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A Milestone in Innovative Finance: Exploring the First-Ever Outcome-Based DIB for Poverty Alleviation in Africa
The graduation approach to poverty alleviation has been effective in helping raise incomes and savings over the long term. But traditional funding models don't provide enough flexibility or performance incentives to boost this impact, since funding is typically tied to activities rather than outcomes. To address this challenge, Village Enterprise and Instiglio have partnered with USAID and DFID to launch the first-ever outcome-based development impact bond for poverty alleviation in Africa.
- Categories
- Entrepreneurship, Investing
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Reserve Bank of India to Launch Financial Literacy Drive in Nine States
Six NGOs registered with the Depositor Education and Awareness Fund -- CRISIL Foundation, Dhan Foundation, Swadhaar Fin Access, Indian School of Micro Finance for Women (ISMW), Samarpit and the PACE Foundation -- have been selected to execute the pilot project in collaboration with banks.
- Categories
- Finance
- Region
- South Asia
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Study finds microfinance can help, even if goals aren’t met
"We can't just think about what the projects are doing for people but should also examine what people do for projects," Beck said. "We need to look at how policies get transformed on the ground."
- Categories
- Uncategorized
- Region
- Latin America
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