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World Bank spending on forests fails to curb poverty, auditors claim

World Bank spending on forests fails to curb poverty, auditors claim | Inclusive Business and Impact Investing | Scoop.it

The World Bank's $4.1bn (£2.6bn) investments in forestry over the past 10 years have done little to reduce poverty, improve conservation, tackle climate change or benefit local communities in developing countries, a study by its own inspectors has found.

 

The 202-page report – a copy of which has been seen by the Guardian – was compiled by the Independent Evaluation Group (IEG), which consists of senior bank staff and outside consultants. The document says the bank's financial support helped to protect 24m hectares (59m acres) of forest around the world and to classify 45m ha of forest as being on indigenous people's land. But it says the bank mostly failed to address critical social and environmental issues.

 

The World Bank funded 345 major forestry projects in 75 countries in the decade to July 2011. The IEG panel, which visited many of the projects and interviewed hundreds of people, criticised the bank strongly for:

• Continuing to support industrial logging.

• Not involving communities in decision-making.

• Assuming that benefits would accrue to the poor rather than the rich and powerful.

• Paying little attention to rural poverty.

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Inclusive Business and Impact Investing
The first and highest rated scoop.it blog on sustainable and inclusive business models that do well by doing good in emerging markets. The curations are mine.
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How should impact investing decisions be made?

How should impact investing decisions be made? | Inclusive Business and Impact Investing | Scoop.it
Astrid Zweynert investigates the benefits of approaching impact investing from a social point of view.
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Can the Private Sector Replace NGOs in the Developing World? - Newsweek

Newsweek
Can the Private Sector Replace NGOs in the Developing World?
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Is Social Impact Investing The Next Venture Capital?

Is Social Impact Investing The Next Venture Capital? | Inclusive Business and Impact Investing | Scoop.it
In late August, mobile security company Lookout raised $150 million in venture capital, taking advantage of the surging demand for cybersecurity products that had already attracted nearly $900 million in VC funding in the first half of the year.
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Impact Investing Twitter Chat (avec images, tweets) · cof_

The Council on Foundations and Mission Investors Exchange hosted an Impact Investing Twitter Chat this week. Participants shared advice, stories of good deals and bad, and resources for those still learning about the field.
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New OECD report shines spotlight on impact investing

New OECD report shines spotlight on impact investing | Inclusive Business and Impact Investing | Scoop.it
To enter the mainstream and grow globally, social impact investing has to show that it achieves what it sets out to do in measurable ways, the OECD said.
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Morgan Stanley Survey Finds Sustainable Investing Poised for Growth | Justmeans

#Millennials & women leading the way in Impact Investing - @MorganStanley new report on #impinv #socent http://t.co/Yk0RH5t0Cx
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How Indian NGOs are marrying Philanthropy with Social Innovations?

How Indian NGOs are marrying Philanthropy with Social Innovations? | Inclusive Business and Impact Investing | Scoop.it
The challenges that our societies are facing today are varied, starting from high poverty rates to unacceptably high child labour, malnutrition, illiteracy
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HEINEKEN and UNIDO announce partnership to support sustainability in developing markets

HEINEKEN and UNIDO announce partnership to support sustainability in developing markets | Inclusive Business and Impact Investing | Scoop.it
UNIDO&HEINEKEN 2work together in range of #sustainability issues 2promote inclusive growth in #developing countries. http://t.co/wRkI8lbolG
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Microcredit oversold as anti-poverty tool, economists say

Microcredit oversold as anti-poverty tool, economists say | Inclusive Business and Impact Investing | Scoop.it
For over 15 years, extending micro-loans to very poor people has been hailed as a path out of poverty, especially for women
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M-Pesa And The Secret Of Mobile Payments - PYMNTS.com

M-Pesa And The Secret Of Mobile Payments - PYMNTS.com | Inclusive Business and Impact Investing | Scoop.it
Mobile payments have been described in many ways in the developed world - innovative, game-changing, the next big thing and (among the more cynical) the great
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ADB commits $250M for ‘Inclusive Business’

ADB commits $250M for ‘Inclusive Business’ | Inclusive Business and Impact Investing | Scoop.it
Asian Development Bank (ADB) has committed to provide $250 million loan facility to support the government’s Inclusive Business (IB) model, which has already identified three agro-business projects of Nestle Philippines (NPI), Kennemer Foods Inc.
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The Quiet Global Transformation of Global Development - Huffington Post

The Quiet Global Transformation of Global Development - Huffington Post | Inclusive Business and Impact Investing | Scoop.it
Decades ago, private capital flowing into developing countries was a small fraction of aid dollars. Since then, that private capital investment has grown roughly 100-fold and the ratio of aid to investment has flipped.
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Corporate Philanthropy: Hostile Takeover or Helpful Charity? - Huffington Post

Corporate Philanthropy: Hostile Takeover or Helpful Charity? - Huffington Post | Inclusive Business and Impact Investing | Scoop.it
The business of philanthropy tends to rely on an emotional appeal to donors. Corporations are not necessarily driven to make donations for altruistic reasons nor are they influenced emotionally to support nonprofits -- much like individual donors....
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Redefining Sustainability - INSEAD Knowledge

Redefining Sustainability - INSEAD Knowledge | Inclusive Business and Impact Investing | Scoop.it
Sustainability must be reframed as an opportunity if it is to take hold.
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Evaluating Complex Social Initiatives (SSIR)

Evaluating Complex Social Initiatives (SSIR) | Inclusive Business and Impact Investing | Scoop.it
A new brief offers guidance and tools to support the evaluation of complex programs when traditional evaluation won’t suffice.
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Impact Investing : It's not philanthropy - Impact Investor

Impact Investing : It's not philanthropy - Impact Investor | Inclusive Business and Impact Investing | Scoop.it
Way back in the mists of investing time, actually 1984, what was then the first of many investment vehicles was launched with the Quaker philosophy of never doing harm to others.
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Impact Economy | A Primer on Industry Transformation

Impact Economy | A Primer on Industry Transformation | Inclusive Business and Impact Investing | Scoop.it
Post #MilanFashionWeek: how 2 match beautiful products & modern #manufacturing ? C #sustainable #apparel value chains http://t.co/zRmJx0j6eH
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The Top Five Most Promising Trends in Philanthropy

1. Impact investing is seen as the most promising trend by most philanthropists, 52%, worldwide, according to the BNP Paribas Individual Philanthropy Index 2015.
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Social Innovation Is Shifting The BoP Market Segment | Lincoln Martin

Social Innovation Is Shifting The BoP Market Segment | Lincoln Martin | Inclusive Business and Impact Investing | Scoop.it
Social Innovation, Marketing & the BoP Segment
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The Economics of Inclusion

The Economics of Inclusion | Inclusive Business and Impact Investing | Scoop.it
Any strategy for inclusive economic growth must empower people by including them in the networks that make them productive.
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Webinar | A New Approach to Financing Smallholder Farmers: Lessons from Nigeria

The webinar recording features Mr. Kola Masha, the Managing Director of Doreo Partners, an impact investment firm focused on inclusive growth of African agri...
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The challenges and opportunities of impact investing

The challenges and opportunities of impact investing | Inclusive Business and Impact Investing | Scoop.it
While the field is still in its early years as a mainstream phenomenon, the transition represents a fundamental and irreversible shift.
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Sustainable, Responsible and Impact Investing Trends

Sustainable, Responsible and Impact Investing Trends | Inclusive Business and Impact Investing | Scoop.it
The recent winner of the Unbiased.co.uk Responsible Investment Adviser of the Year 2014, John Ditchfield of Barchester Green, shares his thoughts on what lies ahead for sustainable and responsible ...
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The Embedded Enterprise (SSIR)

The Embedded Enterprise (SSIR) | Inclusive Business and Impact Investing | Scoop.it
To reach base-of-the-pyramid markets, entrepreneurs need to align their business models with customers’ lives.
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