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Press Release: The Visa Foundation Announces Grantees to Support COVID-19 Recovery in U.S. and Canada
The North America funding includes $1 million total towards hunger relief across the U.S. and Canada to Feeding America and Food Banks Canada, respectively. The additional funds will support first responders and health care workers, with grants to the American Red Cross and Direct Relief.
- Categories
- Coronavirus
- Region
- North America
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3 Ways COVID-19 Could Actually Spark a Better Future for Africa
A lack of essential healthcare supplies has triggered a debate about the necessary industrialization of Africa.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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Viewpoint: Now More Than Ever
The report analyzes the impact on extreme poverty of global economic contractions at three levels. In the best-case scenario, a 5% contraction, the researchers anticipate that 87 million people would fall into extreme poverty – half of them in South Asia where Upaya works.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
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New Era, New Data: Why ‘Financial Inclusion 2.0’ Will Require a Different Approach to Measurement
Financial inclusion is entering a new era, says Grant Robertson at FinMark Trust. The movement’s first era focused largely on boosting financial access – but its impact on poverty and wellbeing was limited. The new era – "financial inclusion 2.0" – will focus more on expanding real economic opportunity. But to support this goal, the sector will need a new approach to data.
- Categories
- Finance, Impact Assessment
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Moving Past Traditional Philanthropy: A Q&A with Enterprise Development Pioneer Frank Giustra
Earlier this year, the Clinton Giustra Enterprise Partnership announced that it was spinning off from the Clinton Foundation, where it had been an initiative since its founding in 2007. The independent organization, now called Acceso, works to build businesses and connect them to the broader marketplace – particularly in Latin America. Its founder, Frank Giustra, discusses its new focus and ongoing work in this Q&A.
- Categories
- Agriculture, Investing, Social Enterprise
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Research During a Pandemic: Leaner and Faster Poverty Measurement in the Time of COVID-19
The COVID-19 pandemic is pushing research projects around the world to move from face-to-face data collection to shorter, phone-based methods. But as Elliott Collins and John Branch at Innovations for Poverty Action point out, these changes can present challenges for researchers studying how the pandemic affects poor and vulnerable households. They explore some strategies for measuring poverty under these constraints, based on IPA’s experience with lean, remote research.
- Categories
- Coronavirus, Impact Assessment
- Tags
- COVID-19, data, poverty alleviation, research
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The SDGs Are Falling Short on African Poverty: SME Investment Could be a Game Changer
Though the UN's first Sustainable Development Goal aims to eradicate poverty, this goal is not on track to be met – particularly in sub-Saharan Africa, where projections indicate that over 23% of the population will still be living in extreme poverty in 2030. Trevor Hambayi argues that there's a clear need to look past the UN's favored strategies of addressing poverty through government and NGOs, and to focus instead on unlocking the potential of Africa's small and medium enterprises.
- Categories
- Finance
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Cash Transfers Lead the Social Assistance Response to COVID-19
In response to the COVID-19 pandemic, many countries are using cash transfers — a tool that can be fast and support local economies. The humanitarian sector has used this tactic for years to ensure that communities living through crises don’t slip into deep poverty.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa