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Viewpoint: To Solve the World’s Problems, the Global Development Community Turns Towards the Private Sector
Global capital markets hold more than $200-trillion in assets, and an allocation of just 1 per cent of these assets toward the SDGs would go a long way.
- Categories
- Finance
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Press Release: World Bank Group Mobilizes Over $14.4 billion for Latin America and the Caribbean Development in Fiscal Year 2019
“We have stepped up our efforts in the last 12 months to help the private sector in Latin America and the Caribbean carry out new projects that are focused on solving some of the region’s most critical development challenges,” said Georgina Baker, IFC Vice President for Latin America and the Caribbean. “We are working closely with the private sector in the region to help mitigate climate change, create more jobs, more affordable housing, better transportation options, and more livable cities,” she said.
- Categories
- Investing
- Region
- Latin America
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White House Touts Help For Poor Areas — But Questions Endure Over Who’ll Benefit
Smith, who helps lead the White House efforts on the zones and other domestic policy matters, told NPR that the zones help cities and towns draw on private-sector investment in an innovative way. But the federal law does not specify how those funds should be used; investors might build affordable housing — or they might build high-end apartment buildings.
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- Finance
- Region
- North America
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What Facebucks Can Do for the Global Poor
Global, open, instant, and low cost: It sounds undeniably great. The status quo, while global, is hardly open, instant, or low cost. Still, Libra faces major challenges in becoming a preeminent financial tool of the global poor.
- Categories
- Finance, Technology
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Press Release: VisionFund International Celebrates 15 Years
Operating through a network of microfinance institutions in 28 countries, VisionFund works alongside World Vision to empower families living in impoverished communities with limited access to formal financial services to overcome poverty.
- Categories
- Finance
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Viewpoint: MacKenzie Bezos’ Philanthropy: A Force For Good Or Empty Gesture?
With social responsibility and philanthropy low on Amazon’s priority list until recently, understanding where the recent divorcee may invest her resources is at best a guessing game, though her statement made clear it is a decision to be made with “time, effort and care.”
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- Technology
- Region
- North America
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The Downside of Social Impact Bonds
After more than three years researching social impact bonds, a filmmaker argues we need to consider the ways they might be doing more harm than good.
- Categories
- Investing
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Ghana Is Adopting a Data-Driven Approach to Fighting Poverty
The government is now seriously committed to a “leave no one behind” ethic, which means counting every single person in the population. That includes people who are sometimes called “the invisible” — those who live in slums, who are homeless, or who are institutionalized.
- Region
- Sub-Saharan Africa
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