In this section, we will update you with announcements from the ecosystem of inclusive business, pre-selected according to their relevance for inclusive business ventures.
List: IB in the news
The Third ASEAN Inclusive Business Summit convened on 29 September with government officials and business leaders advocating for inclusive business strategies that support micro, small and medium-sized enterprises to recover from economic setbacks during the COVID-19 pandemic in the South-East Asia region.
Through the Business Partnerships Platform (BPP), the Australian Government is calling for inclusive business partnerships to help support COVID-19 recovery in the Indo-Pacific. The partnerships will help businesses to create livelihood opportunities, enhance gender equality and support green and resilient economic recovery. Companies from Bangladesh, Nepal, the Philippines, Samoa, Sri Lanka, Timor-Leste and Tonga can apply.
On 8 September, some 45 Vietnamese and international experts discussed essential technological and infrastructure conditions as well as necessary policies and regulations to help Vietnam achieve a sustainable development trajectory for the tropical fruits sector. Ms. Le Thi Thanh Thao, Country Representative of UNIDO in Vietnam highlighted: “One of UNIDO’s core areas of intervention aims to promote sustainable, inclusive business opportunities."
At the Third Social Enterprise Advocacy and Leveraging Asia Conference, Armida Salsiah Alisjahbana – the Executive Secretary of the Economic and Social Commission for Asia and the Pacific (UNESCAP) – called for a strengthening of inclusive business and impact investment. She concluded urging "all stakeholders to forge a stronger collaboration for scaling-up social enterprises in delivering the 2030 Agenda".
Over the last two years, Zambia has gained visibility and has started to attract increased investor interest as an emerging impact investment location in Southern Africa. This is an accelerating trend thanks to continuing, concerted efforts to strengthen the impact investing ecosystem in the country.
The Third ASEAN Inclusive Business Summit on September 29 will provide an opportunity to discuss how governments can further promote inclusive business models, present the Guidelines for the Promotion of Inclusive Business in ASEAN, and explore partnerships. It will also discuss how inclusive businesses can help SMEs and those at the BOP recover from the economic crisis ensuing from the Covid-19 pandemic. Watch the livestream here!
Register here for the Third OECD Roundtable on Investment and Sustainable Development from 30 September to 1 October! Against a backdrop of global health crisis, the event aims to develop new forms of OECD engagement. The sessions focus on the sustainable recovery of finance in developing countries and the role of FDI in fostering resilient health systems.
The Impact Investors Foundation (IIF), in partnership with Acumen and Open Society Initiative for West Africa (OSIWA), is holding the 2nd Annual IIF Deal Summit on Thursday, November 19, 2020. It will bring together impact investors and potential investees operating in Nigeria in the hope of sparking meaningful connections, increasing exposure, and seeding deals. This year’s Deal Summit also incorporates a 4-week impact investment-readiness programme starting on October 6. Entry closes on Friday, September 18!
Impact investments are outperforming traditional bets in the coronavirus crisis. This may be a turning point for wealthy investors looking to generate change. In the first half of the year, $20.9 billion went into impact funds - nearly as much as throughout all of 2019.
At Hause Limited has joined Business Call to Action (BCtA) with the goal to reduce agriculture loss by providing 300,000 low-income producers in rural Uganda with insect and rot-resistant packaging. the packaging helps improve the storage life of produce, while a smart value chain platform digitizes access to a ready market leading to higher incomes. By 2021, the company will create 30,000 indirect jobs for low-income retailers, wholesalers, traders and distributors of these bags.