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Coronavirus Could Turn Back the Clock 30 Years on Global Poverty
Half a billion people could be pushed into poverty as economies around the world shrink because of the coronavirus outbreak, a new study has warned.
- Categories
- Coronavirus
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Distribute Cash, not COVID-19: Five Ways Policymakers in Sub-Saharan Africa Can Provide Cash Transfers Safely
As COVID-19 spreads around the world, 35 countries have introduced new cash transfer programs in response to the pandemic. Cash is one of the most effective ways to support people during a crisis, say Martin Gould and Nate Vernon at IDInsight. But administering cash transfers in low-income countries can raise some big questions for policymakers. They discuss five ways governments in sub-Saharan Africa can manage these programs safely and effectively.
- Categories
- Coronavirus, Finance
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Report: Almost 25 Million Jobs Could Be Lost Worldwide as a Result of COVID-19, Says ILO
An initial assessment of the impact of COVID-19 on the global world of work says the effects will be far-reaching, pushing millions of people into unemployment, underemployment and working poverty, and proposes measures for a decisive, co-ordinated and immediate response.
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Press Release: JPMorgan Chase Makes $50 Million Philanthropic Investment to Help Address Immediate and Long-Term Impacts of COVID-19
JPMorgan Chase announced a $50 million global philanthropic commitment to address the immediate public health and long-term economic challenges from the COVID-19 global pandemic.
- Categories
- Coronavirus, Finance
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Optimizing Online Auctions: How Technology Can Help to Alleviate Poverty among Smallholder Farmers, One Bid at a Time
World Bank data shows that 78% of the world’s poorest people are farmers. A critical challenge they face is the lack of infrastructure to improve their market access, price transparency and competitive position in relation to more powerful downstream buyers. Yanchong Zheng at the MIT Sloan School of Management explores a digital auction platform in India that's addressing this power imbalance – and shares some ways it can be optimized for the benefit of farmers.
- Categories
- Agriculture
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Viewpoint: Unlocking the Untapped Opportunity in Asia Through Impact Investing
There is a huge, untapped market opportunity in Asia, driven by under-served populations, with income levels of the poor in Asia expected to increase significantly over the next decade.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Saving Your Coffee and Avocado Toast: How Strategic Partnerships Can Build Smallholders’ Resilience to Climate Change
The climate crisis has spawned a new internet trend, as headlines like “America’s Favorite Fruit Could Go Extinct” spark panic in readers. And it’s true that the warming climate could affect the future supply of produce and other foods – but it's creating even more drastic problems for smallholder farmers. Camila Kauer Garcia at Fintrac explores initiatives that are helping farmers become more resilient to climate change, allowing consumers to confidently enjoy their favorite foods.
- Categories
- Agriculture, Environment
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Press Release: Global Partnerships and Acceso El Salvador Announce New Partnership to Further Improve the Opportunities and Incomes of Salvadoran Smallholder Farmers and Fishers Through Expanding Into High-Value Processing
Global Partnerships Social Investment Fund 6.0 issued a $750,000 USD loan to Acceso Oferta Local – Productos de El Salvador (“Acceso El Salvador”). Acceso El Salvador is the leading local agribusiness working with smallholder farmers and fishers to boost agricultural productivity, create job opportunities, and cement long-term market linkages.
- Source
- Press Release
- Categories
- Agriculture, Investing
- Region
- Latin America