Inclusive business in the news

In this section we collect note-worthy inclusive business updates

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.

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List: IB in the news

31. May 2022
SIPP to sustain Philippine economic recovery

Trade Undersecretary Ceferino Rodolfo emphasized that the recently approved Strategic Investment Priority Plan (SIPP) will sustain the momentum towards economic recovery, saying SIPP will create and recover jobs for Filipinos. The SIPP’s Tier I contains the preferred activities under the 2020 IPP, which include all qualified activities relating to the fight against the Covid-19 pandemic. This explicitly includes Incluisve Business.

23. May 2022
‘Let’s unleash full potential of social economy’, World Economic Forum leaders urged at Davos

The power of the social economy to address global crises will be pushed on to the agenda of the World Economic Forum this week, as a landmark report is presented to global leaders when they meet in Davos. The report, Unlocking the Social Economy: Towards an inclusive and resilient society, published by the Schwab Foundation for Social Entrepreneurship today seeks to convince heads of state, corporate leaders and the general public of the potential of the social economy to tackle the world’s most urgent crises.

19. May 2022
EU Summit in Strasbourg to join forces for an ambitious SEAP implementation

On the 5th and 6th May 2022, the city of Strasbourg hosted the European Conference “The Social Economy, the Future of Europe”. The event, that can be considered as the most important EU social economy summit in 2022, gathered over 2000 registered participants from all over Europe and other regions of the world.

18. May 2022
Investisseurs & Partenaires To Launch A New Fund To Target Startups In Guinea

Investisseurs & Partenaires (I&P), a network of investment funds dedicated to African entrepreneurs, has revealed its intention to develop an impact investment fund dedicated to small and medium-sized firms (SMEs) as well as Guinean startups. IPDEV 2, a program established by I&P with the goal of building African investment funds to finance very small and medium-sized firms in the local economic fabric, will lead this initiative.

5. May 2022
Japan’s impact investments jump by 250% – new survey

Japan’s impact investing market has more than doubled in 2021, reaching more than JPY1.3tn (USD10.17bn) – a 250% increase from JPY512.6bn the previous year, reveals a new report. The actual size of the Japanese impact investing market as a whole is likely to be bigger than the numbers in the report, which only include investments confirmed by the organisations surveyed.

UNDP launches SDG Impact Standards in Cambodia

The SDG Impact Standards provide sustainable guidelines and best practices for four categories: private equity funds, enterprises, bond issuers, and the financing of sustainable development. According to the UNDP, the goal is to, “Guide businesses and investors to integrate sustainability and the SDGs into the core of management systems and decision-making and direct capital to where it can make the most difference to people and planet.”

27. Apr 2022
Nigeria: KADIPA promotes impact investments

KADIPA Executive Secretary Khalil Nur Khalil states that "going forward, as a world class Investment Promotion Agency that we are building here, we want our PPP transactions to also conform to climate change issues and impact investment and so on. Again, we are the only state that is doing this."

Boosting women’s engagement in trade and promoting inclusive economic development in Africa

The Food and Agriculture Organization of the United Nations (FAO) has combined efforts with the International Trade Centre (ITC) SheTrades Initiative to support women in overcoming gender-based obstacles in the context of the African Continental Free Trade Area (AfCFTA). The programme will promote women’s readiness to engage in negotiations around the AfCFTA, as well as their access to capacity building and higher-productivity activities