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Foreign aid is being cut, but business will keep fighting poverty
In the past 10 years, private sector investment to developing countries has been growing faster than foreign aid. Indeed, developing countries now receive 27% more foreign business investment than development aid – a trend likely to grow over time. Even the lowest-income countries, as classified by the World Bank, have seen business capital flow into their economies at dizzying rates, with investment increasing nearly nine-fold since 2000.
- Categories
- Investing
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World Telecom Day: How data holds the key to sustainable development goals
The world is experiencing a data deluge with millions of devices and things talking to each other. According to one estimate, 90% of this data was created in the last few years only. As Eric Schmidt famously said, “There were 5 Exabyte of information created between the dawn of civilization through 2003, but that much information is now created every 2 years”.
- Categories
- Technology
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IDB-UNDP report identifies steps to leverage Islamic finance for impact investing
Given that impact investment is growing rapidly and has become an important source of funding the SDGs, a blending with Islamic finance provides a formable partnership that could play a significant role in achieving the SDGs.
- Categories
- Impact Assessment, Investing
- Region
- North Africa & Near East
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Going for Goals: How to innovate on health sector financing
Achieving this goal — and indeed all of the SDGs by 2030 — requires the cooperation of governments, the private sector and nonprofit actors across the globe. They will also need considerable resources, which is why finding innovative and sustainable financing mechanisms will be critical to their success or failure.
- Categories
- Health Care
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China Ready to Build First Center For Disease Control in Africa
Providing more detail about the plan on Tuesday in Beijing, Mr. Feng Yong, Deputy Director for International Cooperation at China’s National Health and Family Planning Commission, said 100 hospitals and clinics will be built in 5 years, 120,000 persons will be train in China, and the provision of 150,000 scholarships, as well as 500,000 vocational and technical training in 5 years.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health, SDGs
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The Nigerian Prototype: Youth, Companies, Government Rallying Around the SDGs
Nigeria-based Sahara Group has translated the Sustainable Development Goals into strategies that resonate alongside all facets of its work, says Karen Newman. The organization also helped bring together a variety of stakeholders – including young people, a network of companies dedicated to alleviating poverty and the government – to provide greater political traction and ownership of the SDGs.
- Categories
- Education
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Australia’s DFAT and XPRIZE Team Up to Tackle Water Scarcity
XPRIZE, Tata Group and innovationXchange are together funding a prize for an affordable solution to water scarcity. The idea is to generate clean water from the air, in situations where water is currently unavailable or inaccessible. XPRIZE will help the top five finalists access advance market commitments, allowing them to test their technology in the field, at scale. Teams have until April 28 to register.
- Categories
- Environment, Technology
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How Can Inclusive Business Advance the SDGs?
Two recent publications released in the context of the Sustainable Development Goals' first anniversary share the view that inclusive business is a part of the solution to deliver on the SDGs. That's a sign of progress, according to Jenny Melo, but we still need to go deeper in the conversation and ask for impacts, measurements and specific connections.
- Categories
- Education, Energy, Environment, Health Care, Social Enterprise
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