“We are entering a period of consequences ... in Africa and India, much like everywhere else in the world, people were noticing that their climate was changing.”
Jeff Skoll
All Africa
This week, the World Economic Forum is shining a spotlight on Africa, where nearly half of countries have reached middle-income status, yet the continent still faces rising inequality, widespread unemployment, and fluctuating commodity prices.
This week, the World Economic Forum is shining a spotlight on Africa, where nearly half of countries have reached middle-income status, yet the continent still faces rising inequality, widespread unemployment, and fluctuating commodity prices.
One point is clear: philanthropy, though critically important, is insufficient to achieve full financial inclusion. We need to harness the capital markets and create institutions that deliver both social and financial returns. Though we are a nonprofit, we work to build sustainable, scalable, for-profit companies dedicated to serving the financial needs of society’s most vulnerable members: those living in poverty.
Deutsche Welle
In interview with DW, former Nobel Peace Prize winner Muhammad Yunus says that social business organizations need to take on a more important role in international development aid work.
In interview with DW, former Nobel Peace Prize winner Muhammad Yunus says that social business organizations need to take on a more important role in international development aid work.
In a world where there are more mobile phones than people, with almost unlimited global connectivity and where transactions occur in seconds not days, it seems incongruous that one out of eight children in sub-Saharan Africa die before reaching their fifth birthday.
The Skoll World Forum should be commended this year for showcasing impact investing in a refreshingly vulnerable light, making an important contribution to the difficult task of matching barriers with solutions.
Over the last few years we have seen the climate of fiscal austerity in state and local governments lead to the cut back or elimination of vital services – especially prevention-oriented services. The downturn in the economy reduced tax revenues, and forced government leaders to curtail vital social spending.
Few people doubt anymore that mass market demand (not just market need) exists for reliable and affordable energy or that much of this demand will have to be met by small-scale decentralised solutions.
Data can tell you anything – or nothing at all. To quote the Cheshire Cat, it depends a good deal on where you want to get to. In other words, it depends a good deal on which questions you are asking.
In my workshops, I often get questions like these: how do I talk about money for my cause in a way that I don’t feel like I am losing my soul? How do I not walk away from interactions where money is being discussed feeling exhausted and burned out? How do I relate to someone more deeply than on the basic level of money?
Socially entrepreneurial organizations are often lean but always high touch. They build networks of trust that inspire and support local leaders, first to transform their local communities and then to build broader social movements.