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Safaricom Pioneers Adoption of UN’s SDG’s in Kenya’s IT Sector
Safaricom’s has successfully integrated a customised shared prosperity and responsible business initiative across the firm making the telecom the first IT local company to adopt the United Nations fronted Sustainable Development Goals (SDG’s) in Kenya.
- Categories
- Impact Assessment, Technology
- Region
- Sub-Saharan Africa
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Closing the $2.5 Trillion Gap: How blended finance can help achieve the SDGs
The UN estimates it will take $3.9 trillion a year to achieve the Sustainable Development Goals. Based on current global development spending, that implies an annual funding shortfall of $2.5 trillion. Convergence describes how blended finance can bring together private and public investors to fill that gap.
- Categories
- Investing
- Tags
- impact investing, SDGs
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Catalytic Finance Initiative Brings Together Banks and Investors, Directs $8 Billion in Capital for High-Impact Sustainable Projects
A consortium of leading financial institutions and investors today announced a new partnership under the Catalytic Finance Initiative (CFI) to direct $8 billion in total commitments toward high-impact sustainable investments. Partners joining the CFI include AllianceBernstein (AB); Babson Capital Management LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual); Crédit Agricole CIB; European Investment Bank (EIB); HSBC Group; International Finance Corporation (IFC), a member of the World Bank Group; and Mirova, a subsidiary of Natixis Group, all of which have pledged capital and expertise to develop and advance innovative financing structures for investments in clean energy and other sustainability focused projects. In addition, the Aligned Intermediary, representing a group of long-term institutional investors, will collaborate on specific investment opportunities with members of the partnership. This announcement follows last year’s ratification of the United Nations Sustainable Development Goals (SDG) and the historic climate agreement in Paris. It aims to promote the SDG objectives, including acting on climate change and advancing access to clean energy and water.
- Categories
- Impact Assessment, Investing
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The Case for a ‘Greater’ Private Sector Role in Family Planning
The past year can be considered a momentous period for global development. Several major crosscutting and comprehensive agreements — including the Sustainable Development Goals and the Paris climate agreement — will serve as blueprints for the world's development journey in the coming decades.
- Categories
- Health Care
- Region
- Asia Pacific
- Tags
- SDGs
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Viewpoint: 3 Ingredients to Ensure Health and Well-Being for All in Emerging Economies
As part of society, all of us — including companies — have an obligation to contribute to the positive state of the world. There is great opportunity in aligning business objectives with societal challenges and to create business solutions that generate both financial as well as lasting social impact. For example, Sustainable Development Goal 3, achieving healthy lives for all, is a major global challenge that needs to be addressed, and even more so in emerging economies where access to quality, affordable health care is not a given. But this challenge is not insurmountable.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- SDGs
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‘Financial Inclusion for Sustainable Development’: European Microfinance Week Nov. 18th – 20th
European Microfinance Week is a major annual event featuring high level, in-depth discussions by all sectors of the European microfinance community. The conference, which will take place Nov. 18th – 20th in Luxembourg, will welcome over 400 top professionals in the industry, from several dozen countries. NextBillion will be a media partner at the event, providing live tweeting, blog coverage and interviews with key participants.
- Categories
- Finance, Impact Assessment, Technology