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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Habitat for Humanity and Holcim have signed a strategic partnership agreement to pilot an inclusive business model aimed at addressing affordable housing challenges in Mexico.
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.
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.
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.
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.
Impact investment manager ADB Ventures, the venture capital arm of the Asian Development Bank (ADB), is planning to hold the first close of its $100 million debt fund this year, top executives told DealStreetAsia.
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.
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.”
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."
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