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Making This Year Better Than the Last: A Recent Survey Assesses the Pandemic’s Impacts on Micro and Small Businesses
Micro and small businesses dealt with massive challenges during the initial months of the COVID-19 pandemic, and even those that adapted and survived still face major struggles. Juan Carlos Thomas at TechnoServe shares the results of a recent study on COVID-19's impact on these enterprises, and explores how his organization has been supporting them – including through a crisis toolkit that helps them weather the pandemic's challenges, and through digital tools focused on business training and access to finance.
- Categories
- Coronavirus, Technology, Transportation
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The Wild West of ESG Reporting: A New Report Finds a Disturbing Lack of Standards and Transparency
Businesses around the globe have been embracing environmental, social and governance (ESG) reporting to demonstrate responsible corporate citizenship and attract investors. But as David A. Fuscus of Xenophon Strategies, Inc. explains, this data is often inconsistently reported and unaudited, and nearly impossible to compare across companies. He shares the results of a recent survey on corporate reporting, and explores how widely used standards and increased transparency could better gauge a company’s actual progress toward more sustainable and responsible practices.
- Categories
- Impact Assessment, Investing
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Africa’s Fintech Gold Rush: Why Banks Must Adapt to Survive
These are exciting times in the fintech startup ecosystem in Africa, as direct investment activity is growing at a dizzying pace. But according to Osahon Akpata at Ecobank Group, this influx of capital is also raising challenges for startups and investors – and particularly for traditional banks, which have to adjust to the emergence of these innovative and well-funded new competitors. He discusses the implications of Africa's ongoing fintech revolution for both startups and banks, and explores why partnerships between them can provide a way forward.
- Categories
- Finance, Technology
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Scaling Biodigesters: How Appropriate Financing Can Help This Undervalued Technology Deliver Social and Environmental Impact
Biodigesters break down organic material to produce biogas for cooking and heating, along with fertilizer. But though these applications are extremely useful for farming households, uptake remains limited: In Africa alone, the technology could be adopted by almost 33 million households, but market penetration is less than 1% of that. Tanya Kothari of the Catalysing Agriculture by Scaling Energy Ecosystems program shares a recent study from the Shell Foundation exploring the impact biodigesters can make, while identifying the kinds of financing that could support growth in the market.
- Categories
- Agriculture, Energy
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Improving COVID-19 Vaccine Distribution Around the World: Leveraging Partnerships and Technology to Optimize Medical Supply Chains
Effective vaccine distribution is key to overcoming the COVID-19 pandemic in low- and middle-income countries. Similar vaccination efforts for routine childhood diseases have been widely successful, but targeting an adult population presents unique challenges, say Wade Warren at Deloitte Consulting and Marian W. Wentworth at Management Sciences for Health. They explore four challenges that vaccine distribution efforts will face – and four tried-and-proven ways to improve the process.
- Categories
- Coronavirus, Health Care, Transportation
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Delivering Babies in the Dark: How Solar Systems Can Enhance Health Service Delivery in Rural Medical Facilities
The healthcare systems of vulnerable communities across the globe are being hindered by a lack of electricity, but solar technology can offer solutions, say Tokozile N. Ngwenya and John Keane at SolarAid and Hannah Blair and Siena Hacker at CLASP. They explain how the Efficiency for Access Coalition has partnered with SolarAid to equip rural health facilities in Malawi and Zambia with solar systems, and explore what needs to happen to scale these approaches.
- Categories
- Energy, Health Care
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Doing Good By Selling Well: How Social Enterprises Can Transform Their Sales Strategies by Boosting Customers’ ‘Decision Intelligence’
A social enterprise may have a brilliant product, local production and an affordable price point – but unless it has an effective and ethical sales strategy, it will struggle to fulfill its mission, says Roy Whitten of Whitten & Roy Partnership. He explains how traditional, pressure-filled sales methods can create distrust among customers and encourage bad behavior among salespeople, and explores the advantages of a more ethical approach based on boosting customers' "decision intelligence."
- Categories
- Social Enterprise
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Creativity, Culture and Capital: Why Impact Investors Should Recognize the Untapped Potential of the Global Creative Economy
Impact investors have been overlooking a large and rapidly growing sector, one driven by women, youth and other overlooked workers and entrepreneurs and aligned with many key impact priorities: the creative economy. Laura Callanan at Upstart Co-Lab, Fran Sanderson at Nesta and Carolina Biquard at Fundación Compromiso explain why the industry is a powerful force for social and economic development, and share insights from a recent report from Creativity, Culture & Capital, a new initiative that seeks to develop the global creative economy through impact investing.
- Categories
- Investing, Social Enterprise
