The United Nations will take a major step towards a more holistic approach to achieving global prosperity when it agrees the Sustainable Development Goals (SDGs) at its summit in New York this month. The new set of SDGs will also impact the way philanthropy is carried out.
As things stand, philanthropic foundations are increasingly favouring impact investment to realise their missions and strategic goals.
Social entrepreneurship is seen as the most effective way to fix definable problems on the ground that can be tackled by implementing a series of actions. These actions might require significant research or imagination, and involve many agencies, but there is usually a specific objective and measures of success.
Read the full article online in the Alliance Magazine.
The independent review on The Economics of Biodiversity led by Professor Sir Partha Dasgupta has now been delivered to the government. The report underlines our failure to grasp that our economies are “embedded within Nature, and not external to it.” We rely on nature to “provide us with food, water and shelter; regulate our climate and disease; maintain nutrient cycles and oxygen production; and provide us with spiritual fulfilment and opportunities for recreation and recuperation which can enhance our health and well-being.”Read More
On 4 August 2020, a massive explosion at Beirut’s port killed at least 200 people and caused up to $15bn in damage to buildings and infrastructure – including the destruction of the public electricity company building. It was the latest blow for a country battling a 30-year energy crisis and facing chronic shortages as a result of an ageing infrastructure based around fossil fuels.Read More
In 1945, the UK’s welfare state was set up to address the want, need and misery caused by unemployment. Seventy-five years later, prior to the Covid-19 pandemic, we had almost full employment in the UK – and yet we still have massive levels of poverty and precarity experienced by people in work.Read More