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Investing in Detroit’s Comeback: Optimism & Challenges on the Road to Inclusive Growth
Detroit’s comeback story is replacing the apocalyptic headlines of recent memory. Thanks to new investment, thousands of new streetlights are on and blight is being tackled at a faster pace than ever before. But fundamental questions remain: Will redevelopment in Detroit lead to equitable growth? Will the city's lower-income and working-class residents who have lived there for decades continue to be a significant part of Detroit’s rich culture, history and vibrancy? These are questions that are being asked in urban areas across the country, says Bradford Frost, director of the Detroit Initiative.
- Categories
- Investing
- Tags
- impact investing
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Your Cheap Solar Lamp is Garbage
It’s easy to think of “the poor” in two-dimensional, homogenous terms and rattle off assumptions like "They’re poor people, aren’t they happy with anything?" or "Isn’t something better than nothing?" Incorrect. As the charity research organization SolarAid once put it, “The quickest way to fix a problem is the best,” and in most cases, that means quality.
- Categories
- Energy, Technology
- Tags
- Base of the Pyramid, solar
