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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Health Care, Investing
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Analysis: Supporting Social Enterprises to Understand Their Impact
Social enterprises are once again on the agenda at this year’s World Economic Forum, this time with an emphasis on scaling and partnerships for impact. To support this growth, effective evaluation is key.
- Categories
- Impact Assessment, Investing, Social Enterprise
- Region
- Global
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UN Report Finds 2030 SDG Targets May Just Be a Dream
Plans in place to address water and sanitation issues, countries face hurdles in implementation, says GLAAS report.
- Categories
- Environment, Health Care, WASH
- Region
- Global
- Tags
- climate change, COVID-19, sanitation, SDGs, water
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OFID Funds $36.5 Million to Accelerate Access to Clean Cooking in Madagascar
The Opec Fund for International Development is providing Madagascar with $36.5 million in loans and grants to accelerate access to clean cooking.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- clean cooking, energy access, forests, SDGs
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Announcing NextBillion’s Most Influential Articles of 2022: Vote for Your Favorite!
It's time for NextBillion's “Most Influential Article of the Year” contest, in which we select our 12 most-read articles from the past year and invite readers to choose their favorites. We welcome you to read the articles and to vote by scrolling down to the voting app at the bottom of this announcement — or at the individual articles in the contest, which are linked in this announcement and posted on our homepage. You can vote up to one time per hour during the voting period, which will run from Dec. 21 to Jan. 3. We wish you a happy holiday season and a prosperous new year!
- Categories
- Agriculture, Coronavirus, Energy, Environment, Finance, Impact Assessment, Investing, Social Enterprise, Technology
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COP27 Failed the Most Climate-Vulnerable
Drew Corbyn of Netherlands-based global off-grid solar body GOGLA, outlines three urgent courses of action to accelerate access to electricity.
- Categories
- Energy, Environment
- Region
- Global
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Germany Commits 21 Million EUR Sustainable Energy Transition in Displacement Settings
This week the German Federal Foreign Office formally committed 21 million EUR to support the sustainable energy transition in displacement settings.
- Categories
- Energy
- Region
- Global
- Tags
- migrants, refugees, renewable energy, SDGs
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Press Release: Impact Investment Exchange (IIX) Closes the Women’s Livelihood Bond™ 5 – the Fifth Issuance in the Women’s Livelihood Bond™ Series and the World’s First Orange Bond
The US$50 million IIX Women’s Livelihood Bond™ 5 is the first sustainable debt security in the market issued in compliance with the Orange Bond Principles and is expected to empower ~300,000 women and girls across Asia and Africa.
- Categories
- Investing
- Region
- Global
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