Wednesday, October 5, 2011

[RED DEMOCRATICA] Cookstove movement is just one example of "impact investment"

 

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October 5, 2011 | News covering the UN and the worldSign up  |  E-Mail this  |  Donate

Cookstove movement is just one example of "impact investment"

The public-private partnership between the United Nations Foundation and the U.S. State Department to promote clean cookstoves in poor countries is an example of the so-called impact investment that is "the current rage" in economic development, write Tarun Khanna, a professor at Harvard University, and Jayant Sinha, head of the Indian arm of the Omidyar Network global philanthropic fund. The $50 million project, among others, points to the ways in which microfinance and impact investing can stimulate change when both governments and markets fail, they say. Project-Syndicate.org (10/4) LinkedInFacebookTwitterEmail this Story



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"As the drug trade -- and the organized crime it spawns -- spread through Latin America, the region is facing an epidemic of gun violence, according to new U.N. data. There are some 80 million firearms currently in the hands of civilians across Latin America, foreshadowing a crisis in civilian gun deaths."

UN Dispatch


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Climate and Energy
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